Newly released Spatial Mass Spectrometry Market analysis report by Future Market Insights shows that global sales of Spatial Mass Spectrometry Market in 2021 was held at USD 224.1 Million. With 15.3%, the projected market growth during 2022 to 2032 is expected to be significantly higher than the historical growth.
Spatial Transcriptomics is expected to be the highest revenue generating technology, projected to grow at a CAGR of over 16.6% during 2022 to 2032.
| Attributes | Details |
|---|---|
| Global Spatial Mass Spectrometry Market CAGR (2022 to 2032) | 15.3% |
| Global Spatial Mass Spectrometry Market Size (2022) | USD 254.8 Million |
| Global Spatial Mass Spectrometry Market Size (2032) | USD 1 Billion |
| USA Spatial Mass Spectrometry Market CAGR (2022 to 2032) | 14.8% |
| Key Companies Covered | 10x Genomics; Dovetail Genomics; S2 Genomics Inc; NanoString Technologies Inc; Seven Bridges Genomics; PerkinElmer, Inc.; Bio-Techne; Danaher Corporation; IonPath, Inc. |
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As per the Spatial Mass Spectrometry Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, market value of the Spatial Mass Spectrometry Market increased at around 12.7% CAGR.
The factors pushing the Spatial Mass Spectrometry Market growth include the growing cancer prevalence and incidence rates. Geographical omics combines molecular analysis with geographical data on the location of a cell within a tissue.
Omics is a broad term that includes epigenomics, genomics, transcriptomics, lipidomics, proteomics, and metabolomics, among other studies. One of the key incentives for Spatial Mass Spectrometry is its high potential as diagnostic tools, notably in oncology.
The market's modest acceleration is attributable to technological advancements in Spatial Mass Spectrometry combined with aggressive spatial penetration expansion. Geographical analysis provides for improved molecular research regarding spatial information.
New Spatial Mass Spectrometry solutions and products are continually being developed by startups, established players, and expanding enterprises in the market. They're also participating in mergers and acquisitions, which is hastening the implementation of Spatial Mass Spectrometry around the world.
Companies are employing Spatial Mass Spectrometry to better comprehend molecules during clinical trial investigations. The usage of Spatial Mass Spectrometry in pharmaceutical research and discovery phases promotes substantial growth in the Spatial Mass Spectrometry market.
The rising adoption of spatial genomics and transcriptomics approaches for drug discovery and development, as well as increased R&D investments and public-private funding, are some of the primary drivers of the spatial genomics and transcriptomics market. In addition, the advent of technologically improved devices for spatial genomics analysis is fueling market expansion.
The market for spatial genomics and transcriptomics will grow fast as the potential of spatial genomic analysis with the growth in cancer diagnosis tools, and the arrival of the fourth generation of sequencing. Genome positioning is an intriguing novel biomarker that is required in a range of cancer types.
For a range of medical conditions, spatial patterns in the genome have been uncovered, leading to the use of spatial information as a diagnostic biomarker for a variety of diseases. Biomarkers are in high demand because they make it easier to distinguish between benign and malignant tumours. As a result, there is a growing demand for spatial genomics analysis as a cancer detection tool.
A variety of spatial transcriptomics techniques have been developed and successfully implemented to fulfil the growing demand for a deeper understanding of tissue profiling.
Principal Consultant
The use of Spatial Omics in drug discovery and development is becoming more common. During clinical trial investigations, companies are using Spatial Mass Spectrometry to better understand molecules. The use of Spatial Mass Spectrometry in medication development and discovery phases supports huge growth in the Spatial Mass Spectrometry market today and in the near future.
The market for Spatial Mass Spectrometry will expand owing to the upcoming Spatial Mass Spectrometry technologies and improvements. For example, Spatial Transcriptomics, for example, is an in situ capture technology that allows for the quantification and visualization of transcriptomes in particular tissue slices.
The use of Spatial Mass Spectrometry techniques in cancer diagnostics is expected to yield significant results in the near future.
North America leads the Spatial Mass Spectrometry market, owing to the development of technology to discover illness biomarkers. The market is growing due to rising demand for cancer treatment and the occurrence of cancer in North America, where around 1.2 Million women get biopsies each year.
And about 20% of them have been told they have breast cancer. Furthermore, the market's expansion would be aided by the availability of qualified experts and healthcare facilities equipped with cutting-edge diagnostic procedures and medicines throughout the projection period.
In the Spatial Mass Spectrometry market, Asia Pacific held a sizable proportion of the global market. Factors contributing to the region's growth include an increase in the number of enterprises entering the market, as well as biological activities and research studies, all of which are expected to promote the use of Spatial Mass Spectrometry tools throughout the forecast period.
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The United States is expected to have the highest market share of USD 378.4 Million by the end of 2032. In 2021, the United States had the highest revenue share of over 35%. The market is expanding as the prevalence of chronic diseases including cancer and heart disease rises. Cancer is one of the leading causes of death in the United States. In 2018, around 1,735,350 new cancer diagnoses and 609,640 cancer-related deaths were recorded.
The Spatial Transcriptomics segment is forecasted to grow at the highest CAGR of over 16.6% during 2022-2032. This segment's growth is fuelled by the introduction of novel tools and instruments. Through this procedure, the technology may aid in the discovery of the subcellular localization of mRNA molecules.
Furthermore, the technology makes the process of studying genomic analysis much easier. This could potentially meet the needs of biological specimens of nucleic acid or single cells. Market growth is expected to be aided by these factors.
These techniques generally promote fields in molecular genetics and biochemistry associated with structure-oriented fields such as embryology and histology. This allows the genomics segment to grow at a faster rate than the rest of the market over the forecasted timeframe.
The FFPE segment is forecasted to grow at the highest CAGR of over 15.8% during 2022 to 2032. The FFPE sector has the largest market share of around 55% due to breakthroughs in the examination, experimental research, and diagnostic progress. Furthermore, the fresh frozen segment is predicted to grow at the fastest rate due to increased demand.
Among the leading Spatial Mass Spectrometry companies are 10x Genomics, Dovetail Genomics, S2 Genomics Inc, NanoString Technologies Inc, and Seven Bridges Genomics. To gain a competitive advantage in the industry, these market players are investing in partnerships, mergers and acquisitions, and expansion.
Some of the recent developments of key Spatial Mass Spectrometry providers are as follows:
Similarly, recent developments related to companies Spatial Mass Spectrometry services have been tracked by the team at Future Market Insights, which are available in the full report.
| Attributes | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value |
| Key Regions Covered | North America; Europe; Asia Pacific; Middle East & Africa; Latin America |
| Key Countries Covered | United States, UK, China, South Korea, Japan |
| Key Market Segments Covered | Technology, Product Type, Workflow, Sample Type |
| Key Companies Profiled | 10x Genomics; Dovetail Genomics; S2 Genomics Inc; NanoString Technologies Inc; Seven Bridges Genomics; PerkinElmer, Inc.; Bio-Techne; Danaher Corporation; IonPath, Inc.; Millennium Science Pty Ltd.; Akoya Biosciences, Ltd.; Fluidigm Corporation; Diagenode Diagnostics; Biognosys AG; Rebus Biosystems; Ultivue, Inc.; Vizgen Corp.; BioSpyder Technologies; Bruker; Brooks Automation, Inc. |
| Pricing | Available upon Request |
The global Spatial Mass Spectrometry Market is worth more than USD 224.1 Million at present.
Value of Spatial Mass Spectrometry Market are projected to increase at a CAGR of around 15.3% during 2022 – 2032.
Value of Spatial Mass Spectrometry Market increased at a CAGR of around 12.7% during 2017 – 2021.
The emergence of Spatial Mass Spectrometry analysis as a cancer diagnostic tool and the arrival of the fourth generation of sequencing are some of the key trends in Spatial Mass Spectrometry market.
The market for Spatial Mass Spectrometry Market in US is projected to expand at a CAGR of around 14.8% during 2022 to 2032.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology 5.1. Spatial Transcriptomics 5.1.1. Sequencing based Methods 5.1.2. IHC 5.1.3. Microscopy based RNA Imaging Techniques 5.2. Spatial Genomics 5.2.1. FISH 5.2.2. Microscopy based Live DNA Imaging 5.2.3. Genome Perturbation Tools 5.2.4. Massively parallel Sequencing 5.2.5. Other Spatial Genomics 5.2.6. Centrifugation Techniques 5.3. Spatial Proteomics 5.3.1. Imaging Techniques 5.3.2. Mass Spectrometry 5.3.3. Immunofluorescence Techniques 5.3.4. Centrifugation Techniques 5.3.5. Other Spatial Proteomics 6. Global Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 6.1. Instruments 6.2. Consumables 6.3. Software 7. Global Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Workflow 7.1. Sample Preparation 7.2. Instrumental Analysis 7.3. Data Analysis 8. Global Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sample Type 8.1. FFPE 8.2. Fresh Frozen 9. Global Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. MEA 10. North America Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Latin America Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Europe Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Asia Pacific Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. MEA Spatial Mass Spectrometry Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Key Countries Spatial Mass Spectrometry Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. 10x Genomics 17.2. Dovetail Genomics 17.3. S2 Genomics 17.4. NanoString Technologies, Inc. 17.5. Seven Bridges Genomics 17.6. PerkinElmer, Inc. 17.7. Bio to Techne 17.8. Danaher Corporation 17.9. IonPath, Inc. 17.10. Millenium Science Pty Ltd. 17.11. Akoya Biosciences, Ltd. 17.12. Fluidigm Corporation 17.13. Diagenode Diagnostics 17.14. Biognosys AG 17.15. Rebus Biosystems 17.16. Ultivue, Inc. 17.17. Vizgen Corp. 17.18. BioSpyder Technologies 17.19. Bruker 17.20. Brooks Automation, Inc. 18. Assumptions & Acronyms Used 19. Research Methodology
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Spatial Mass Spectrometry Market
