Shibuya-ku, Tokyo, Japan, Japan, May 19, 2022, 06:20 /Comserve / -- The report predicts the global Spatial Genomics & Transcriptomics Market to grow with a CAGR of 17.8% over the forecast period from 2022-2031.
The global spatial genomics and transcriptomics markets are projected to have a CAGR of 17.8% during the forecast period, from $ 178 million in 2022 to $ 404 million by 2031. Market growth is primarily due to increased adoption of spatial genomics and transcriptmics analysis in SMEs and start-ups, expansion of applications in biomarker identification and drug discovery and development, and increased investment in biopharmaceutical R & D. Is being promoted by.
On the other hand, the lack of awareness of these technologies in emerging markets and the high cost of musical instruments are several factors that limit market growth.
"By application, translational research occupies the largest share of the spatial genomics & transcriptomics market."
Based on the application, the spatial genomics and transcriptomics markets are for translational research and drug discovery and development. It is classified.
The Translation Research segment dominated the market in 2019 due to increased investor investment in biomarker identification using spatial genomics and transcriptmics technology.
The fast- growing region'markets in the Asia-Pacific region are primarily the growth of the biopharmaceutical industry, increased life sciences research, increased investment by pharmaceutical and biotechnology companies, and CROs and CMOs in several APAC countries. Increased numbers are projected to grow at the highest CAGR during the forecast period
"North America: Largest Share of Spatial Genomics & Transcriptmics Market"
North America had the largest share of the spatial genomics and transcriptomics market.
Factors such as the presence of an established biopharmacy industry and the presence of key players in the regional spatial genomics and transcriptmics market are the main drivers of market growth.
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Includes insights from a variety of industry experts, from component suppliers to tier 1 companies and OEMs. The breakdown of the preliminary elections is by
respondents-supply side-50%, demand side-50%
by designation-executives-40%, research scientists-30%, managers-30%
by region-North America-40%, Europe-20 %, Asia Pacific -20%, Latin America -10% MEA-10%
Spatial Genomics & Transcript Mix market is NanoString Technologies, 10X Genomics, Illumina, Bio-Techne, Fluidigm Corporation, ReadCoor, S2 Genomics, RareCyte, BioSpyder , Bio-Rad Laboratories, Seven Bridges Genomics, Dovetail Genomics, Optical Biosystems, Cytiva, Miltenyi Biotec, Akoya Biosciences, Ultivue, Vizgen Corp.
This report covers the spatial genomics & transcriptmics market by region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), technology (spatial genomics, spatial genomics analysis), products (consumables, equipment, software). , Applications (translational research, drug discovery & development), end users (academic research institutes, contract research institutes, pharmaceutical & biotechnology companies). It also provides a comprehensive review of market drivers, challenges and opportunities in the spatial genomics & transcriptomics market. The
main advantage of purchasing a report:
This report is for leaders / new entrants in this market, the entire market and subsegments. Provides information about the closest approximation to the number of revenues in. This report helps stakeholders understand the competitive environment, better position their businesses, and gain more insights to plan the right market development strategies. This report also helps stakeholders understand the pulse of the spatial genomics & transcriptomics market and provides information on key market drivers, challenges and opportunities.
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