Global Spatial Genomics and Transcriptomics Market to Reach $503.1 Million by 2030
The global market for Spatial Genomics and Transcriptomics estimated at US$264.5 Million in the year 2023, is expected to reach US$503.1 Million by 2030, growing at a CAGR of 9.6% over the analysis period 2023-2030. Spatial Genomics and Transcriptomics Consumables, one of the segments analyzed in the report, is expected to record a 10% CAGR and reach US$288.4 Million by the end of the analysis period. Growth in the Spatial Genomics and Transcriptomics Instruments segment is estimated at 7.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $82 Million, While China is Forecast to Grow at 9% CAGR
The Spatial Genomics and Transcriptomics market in the U.S. is estimated at US$82 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$85.7 Million by the year 2030 trailing a CAGR of 9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.7% and 7.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook