The global Spatial Genomics Transcriptomics Market Growth Accelerated by Advent of Single Cell Technologies

 


Spatial genomics transcriptomics is a sequencing approach that combines spatial mapping and transcriptomics at high resolution to examine gene expression patterns in tissues at single-cell level. Spatial genomics transcriptomics offers advantages of measuring the transcriptome in tissues without disrupting its structural context by providing insights into cell types, their spatial distribution and gene expression patterns at a single-cell resolution. This helps in understanding organ and disease physiology.

The global Spatial Genomics Transcriptomics Market is estimated to be valued at US$ 300 million in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing adoption of single cell sequencing technologies is expected to boost the growth of spatial genomics transcriptomics market over the forecast period. Single cell transcriptomics allows measuring gene expression of thousands of individual cells simultaneously, helping in identification of cell types, states and lineages. Spatial genomics transcriptomics builds upon single cell RNA sequencing by retaining spatial context that gets lost during dissociation of tissues into single cells. Advancements in single cell technologies have enabled development of spatial techniques like spatial transcriptomics which offers high resolution gene expression mapping in tissues at single cell level. This has increased applications of spatial genomics transcriptomics in oncology research for understanding tumor evolution and identifying novel biomarkers.


Segment Analysis

The global spatial genomics Transcriptomics market is dominated by the sample preparation and assay kits segment. This is because genomics and transcriptomics analysis require specialized kits and reagents for nucleic acid purification, library preparation, staining, and omics data analysis. Sample preparation kits make nucleic acid extraction simple and scalable for multiple samples. Assay kits provide standardized labelling and analysis procedures and enable high-throughput spatial multiomics experiments.

Key Takeaways

The global spatial genomics Transcriptomics market is expected to witness high growth over the coming years. The global Spatial Genomics Transcriptomics Market is estimated to be valued at US$ 300 million in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023-2030.

Regional analysis shows that North America currently holds the largest share due to extensive R&D initiatives and presence of leading market players. However, Asia Pacific is emerging as the fastest growing region due to increasing investments to establish genomics infrastructure and focus on precision medicine in countries like China, India, and South Korea.

Key players operating in the spatial genomics Transcriptomics market are 10x Genomics, NanoString Technologies, Advanced Cell Diagnostics, Dovetail Genomics, Seven Bridges, S2 Genomics, ReadCoor, Akoya Biosciences and Horizon Discovery Group plc. 10x Genomics is a leader in spatial genomics offering Visium platform for spatial whole-transcriptomics analysis. NanoString Technologies provides nCounter Spatial Molecular Imager for in-situ hybridization based spatial gene expression profiling. Advanced Cell Diagnostics offers RNAscope probes and assay kits for targeted in-situ based transcriptomics.
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