Spatial Omics Market, by Technology Type (Spatial Proteomics, Spatial Transcriptomics, Spatial Genomics), by Product Type (Instruments, Consumables, Software), by Work Flow (Sample Preparation, Instrumental Analysis, Data Analysis), by Sample Type (FFPE, Fresh Frozen), by End Use (Academics & Translational Research Institutes, Pharmaceutical & Biotechnology Companies) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Spatial omics technologies have emerged during the last few years and have changed the way we understand multicellular biological systems, which includes genomics, transcriptomics, proteomics, and metabolomics.
Conventional proteomics and transcriptomics have provided granular insights into disease proliferation via identification of discrete cell population along with other pathological issues. Moreover, spatial omics methods provide high resolution mapping of expression profiles of cell tissues similar to that provided by mass spectrometry. Ability to retain spatial content of various cells in samples along with their cellular geometry and surrounding extracellular matrix (ECM) is likely to offer spatial omics with an opportunity to explore unexplored signal modalities.
Surge in acceptance of spatial genomics by start-ups and small firms along with its massive use in biomarker identification will drive the market, in addition to this, rise in application of spatial genomics in drug development and medicine discovery will create lucrative avenues for spatial omics industry.
Market Dynamics
The increasing population of cancers, rising research and development activities, and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in the market are the major factors that are expected to drive growth of the global spatial omics market over the forecast period.
According to American Cancer Society, in the U.S in 2022, about 99,780 new melanomas will be diagnosed (about 57,180 in men and 42,600 in women) and about 7,650 people are expected to die of melanoma (about 5,080 men and 2,570 women).
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