Spatial Genomics Market to Reach $3.23 Billion by 2031: Key Trends & Insights

1. Spatial Genomics Market to Reach $3.23 Billion by 2031: Key Trends & Insights

2. Spatial Genomics & Transcriptomics Market– 2024-2031 Meticulous Research® has announced a comprehensive report titled "Spatial Genomics Market by Type (Genomics, Transcriptomics), Technology (Sequencing, Imaging), Application (Oncology, Neurology), Offering (Consumables, Instruments, Software), End User (Pharmaceutical & Biotechnology, CRO) - Global Forecast to 2031." According to the report, the spatial genomics and transcriptomics market is projected to reach $3.23 billion by 2031, with a compound annual growth rate (CAGR) of 27.8% from 2024 to 2031. Forecasts suggest that the spatial genomics and transcriptomics market will achieve $3.23 billion by 2031, growing at a CAGR of 27.8%. This market growth is attributed to the expanding use of spatial genomics in cancer research and drug discovery, supported by advancements in NGS. Challenges such as a lack of standardization and data security concerns may pose risks. However, growth opportunities exist through the rise of personalized medicine and gene therapies, as well as increased investment. The market's growth is driven by increasing use in drug discovery, advancements in Next-Generation Sequencing (NGS), and its growing role in cancer research and biomarker detection. The rising prevalence of cancer further supports market expansion. However, challenges such as a lack of standardized genomics approaches and data security concerns may restrain growth. Opportunities for market growth include the rise of personalized medicine and gene therapies, as well as increased investments in spatial genomics. Complex data analysis and slow technology adoption present challenges but also offer areas for innovation. The market is segmented by offerings, types, technologies, applications, end users, and geography. The instruments segment is expected to grow rapidly due to the demand for advanced, integrated devices. For example, Resolve Biosciences’ Molecular Cartography platform allows high-resolution gene visualization. By type, the transcriptomics segment is expected to dominate the market in 2024 due to its critical role in understanding gene expression and spatial context within tissues. The sequencing-based technology segment is projected to grow quickly due to NGS platforms’ high throughput and cost efficiency. In applications, oncology is anticipated to experience the highest growth rate, driven by its use in cancer research and biomarker detection. Among end users, pharmaceutical and biotechnology companies are expected to lead, reflecting their significant investment in research and development. Geographically, Asia-Pacific is forecasted to grow at the highest CAGR, supported by increased research funding and the expansion of research laboratories in China, India, Japan, and South Korea. Key Players The key players operating in the global spatial genomics & transcriptomics market are NanoString Technologies, Inc. (U.S.), 10X Genomics, Inc. (U.S.), Illumina, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), Akoya Biosciences, Inc. (U.S.), Revvity, Inc. (U.S.), S2 Genomics, Inc. (U.S.), Cantata Bio (U.S.), Vizgen Inc. (U.S.), Biospyder Technologies Inc. (U.S.), and Resolve Biosciences GmbH (Germany). Download Sample Report Here @ https://www.meticulousresearch.com/download-sample- report/cp_id=5763 Key questions answered in the report: • Which are the high-growth market segments in terms of offering, type, technology, application, end user, and region/country? • What was the historical market for spatial genomics across the globe? • What are the market forecasts and estimates for the period 2024–2031? Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

3. Spatial Genomics & Transcriptomics Market– 2024-2031 • What are the major drivers, restraints, challenges, opportunities, and trends in the global spatial genomics & transcriptomics market? Who are the major players in the global spatial genomics & transcriptomics market? What is the competitive landscape, and who are the market leaders in the global spatial genomics market? What are the recent developments in the spatial genomics & transcriptomics market? What are the different strategies adopted by the major players in the spatial genomics market? What are the geographical trends and high-growth regions/countries? • • • • • Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com