PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605865
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605865
The global spatial genomics & transcriptomics market size is expected to reach USD 2,399.32 million by 2034, according to a new study by Polaris Market Research. The report "Spatial Genomics & Transcriptomics Market Size, Share, Trends, Industry Analysis Report: By Technique, Product (Instrument, Consumables, and Software), Application, End User, and Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The spatial genomics and transcriptomics market has emerged as a critical frontier in biomedical research, driven by the increasing demand for personalized medicine and the need for advanced understanding of complex diseases, particularly cancer. Spatial genomics refers to the techniques used to map gene expression within the spatial context of tissue architecture. In contrast, spatial transcriptomics focuses specifically on the localization of RNA within tissue samples. This bridges molecular biology and histology, allowing researchers to capture the intricate relationships between cellular components in their native environments.
Increasing cancer incidence is further fostering research on cell and gene therapies, which in turn is creating significant investments in the spatial genomics and transcriptomics market. As per the World Health Organization report, more than 35 million cases are expected to be registered by 2050, which is a rise of 77% from 2022.
The applications of spatial genomics and transcriptomics extend to a wide range of diseases, including neurological disorders, cardiovascular diseases, and autoimmune conditions. For instance, in neurobiology, understanding the spatial distribution of gene expression in brain tissues can uncover the mechanisms underlying neurodegenerative diseases such as Alzheimer's and Parkinson's. This has prompted pharmaceutical companies and research institutions to invest heavily in spatial genomics technologies as they seek to develop targeted therapies that effectively address these complex conditions.
The spatial genomics segment is anticipated to witness the highest growth over the forecast period due to its critical role in understanding complex diseases, particularly cancer.
In 2024, the spatial transcriptomics segment accounted for the largest spatial genomics & transcriptomics market share, owing to its ability to provide rich information about gene expression at a cellular level while retaining spatial information.
The translational research segment accounted for the largest revenue share in the market in 2024 due to its crucial role in bridging the gap between laboratory discoveries and clinical applications.
APAC is projected to register the fastest growth over the forecast period due to rapidly advancing capabilities in genomics and transcriptomics, supported by substantial government initiatives aimed at enhancing healthcare and biotechnology.
The global players include 10X Genomics; Akoya Biosciences, Inc.; Bio-Rad Laboratories; Bio-Techne Corporation; BioSpyder Technologies Inc.; Cantata Bio; Danaher Corporation; Genomic Vision SA; Illumina; Lunaphore Technologies SA; Miltenyi Biotec; NanoString Technologies, Inc.; Natera, Inc.; and Optical Biosystems Inc.
Polaris Market Research has segmented the spatial genomics & transcriptomics market report based on technique, product, application, end user, and region: