Canada Spatial Genomics & Transcriptomics Market Size & Outlook

The spatial genomics & transcriptomics market in Canada is expected to reach a projected revenue of US$ 23.4 million by 2030. A compound annual growth rate of 11.5% is expected of Canada spatial genomics & transcriptomics market from 2024 to 2030.
Revenue, 2023 (US$M)
$11.0
Forecast, 2030 (US$M)
$23.4
CAGR, 2024 - 2030
11.4%
Report Coverage
Canada

Canada spatial genomics & transcriptomics market, 2018-2030 (US$M)

Canada

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Canada spatial genomics & transcriptomics market highlights

  • The Canada spatial genomics & transcriptomics market generated a revenue of USD 11.0 million in 2023 and is expected to reach USD 23.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 11.5% from 2024 to 2030.
  • In terms of segment, consumables was the largest revenue generating product in 2023.
  • Software is the most lucrative product segment registering the fastest growth during the forecast period.


Spatial genomics & transcriptomics market data book summary

Market revenue in 2023USD 11.0 million
Market revenue in 2030USD 23.4 million
Growth rate11.5% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Consumables, Software
Key market players worldwideNatera Inc, 10x Genomics Inc Ordinary Shares - Class A, Dovetail Genomics, Illumina Inc, NanoString Technologies, Seven Bridges, Horizon Discovery, Bio-Techne Corp, S2 Genomics


Other key industry trends

  • In terms of revenue, Canada accounted for 3.5% of the global spatial genomics & transcriptomics market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. spatial genomics & transcriptomics market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 23.4 million by 2030.

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Spatial Genomics & Transcriptomics Market Companies

Name Profile # Employees HQ Website

Canada spatial genomics & transcriptomics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to spatial genomics & transcriptomics market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 52.73% in 2023. Horizon Databook has segmented the Canada spatial genomics & transcriptomics market based on instruments, consumables, software covering the revenue growth of each sub-segment from 2018 to 2030.


The Canadian spatial genomics & transcriptomics market is driven by increase in incidence of cancer in the region. According to Canadian Cancer Society, 206,200 new cancer cases were reported in Canada in 2017. 

Moreover, 80,800 cancer deaths were registered in Canada in the same year. The statistics also state that nearly half of the cancer cases and deaths in the country are due to breast, lung, prostate, and colorectal cancer. 

Therefore, several laboratories, academic institutions, and hospitals are working toward development of advanced genomicsbased methods for diagnosis and treatment of life-threatening clinical disorders. Moreover, Canada boasts of a number of universities .

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Target buyers of Canada spatial genomics & transcriptomics market databook

  • Our clientele includes a mix of spatial genomics & transcriptomics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada spatial genomics & transcriptomics market , including forecasts for subscribers. This country databook contains high-level insights into Canada spatial genomics & transcriptomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada spatial genomics & transcriptomics market size, by product, 2018-2030 (US$M)

Canada Spatial Genomics & Transcriptomics Market Outlook Share, 2023 & 2030 (US$M)

Canada spatial genomics & transcriptomics market size, by product, 2018-2030 (US$M)

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