China Spatial Genomics & Transcriptomics Market Size & Outlook
China spatial genomics & transcriptomics market, 2018-2030 (US$M)
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China spatial genomics & transcriptomics market highlights
- The China spatial genomics & transcriptomics market generated a revenue of USD 19.2 million in 2023 and is expected to reach USD 39.9 million by 2030.
- The China market is expected to grow at a CAGR of 11% 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 2023 | USD 19.2 million |
| Market revenue in 2030 | USD 39.9 million |
| Growth rate | 11% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Software |
| Key market players worldwide | Natera 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, China accounted for 6.2% 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 Asia Pacific, China spatial genomics & transcriptomics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 23.2 million by 2030.
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Spatial Genomics & Transcriptomics Market Scope
Spatial Genomics & Transcriptomics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 53.13% in 2023. Horizon Databook has segmented the China spatial genomics & transcriptomics market based on instruments, consumables, software covering the revenue growth of each sub-segment from 2018 to 2030.
China spatial genomics & transcriptomics market is driven by increase in translational research in the country. Although the country is comparatively new in development of translational medicine, the market is expected to grow rapidly.
The field of translational research has received considerable focus from regional and central government in China. Therefore, the funding for translational research has increased over the past few years.
China’s National Development and Reform Commission announced plans for establishing five new translational medicine research centers in 2014. The new centers would feature an environment where clinicians and scientists could work together.
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Target buyers of China spatial genomics & transcriptomics market databook
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Our clientele includes a mix of spatial genomics & transcriptomics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 China spatial genomics & transcriptomics market , including forecasts for subscribers. This country databook contains high-level insights into China spatial genomics & transcriptomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China spatial genomics & transcriptomics market size, by product, 2018-2030 (US$M)
China Spatial Genomics & Transcriptomics Market Outlook Share, 2023 & 2030 (US$M)
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