Australia Spatial Omics Market Size & Outlook, 2023-2030
Australia spatial omics market, 2018-2030 (US$M)
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Australia spatial omics market highlights
- The Australia spatial omics market generated a revenue of USD 8.8 million in 2023 and is expected to reach USD 20.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 13% 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 omics market data book summary
| Market revenue in 2023 | USD 8.8 million |
| Market revenue in 2030 | USD 20.6 million |
| Growth rate | 13% (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 | 10x Genomics Inc Ordinary Shares - Class A, Dovetail Genomics, S2 Genomics, NanoString Technologies, Seven Bridges, PerkinElmer, Bio-Techne Corp, Danaher Corp, Standard BioTools Inc, Hologic Inc, Bruker Corp, Rebus Biosystems |
Other key industry trends
- In terms of revenue, Australia accounted for 2.4% of the global spatial omics 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 omics 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 21.7 million by 2030.
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Spatial OMICS Market Scope
Spatial OMICS Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia spatial omics 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 omics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 53.41% in 2023. Horizon Databook has segmented the Australia spatial omics market based on instruments, consumables, software covering the revenue growth of each sub-segment from 2018 to 2030.
The robust funding initiatives by the Australian government for studies on COVID-19 infection are driving market growth in the country.
For instance, in May 2020, Proteomics International Laboratories Ltd. received grants of USD 152,534 from the Western Australian Health Translation Network (WAHTN) and the Department of Health Western Australia for supporting the COVID-19 research studies.
In Australia, researchers are actively investigating the potential of proteomic data. This trend is further expected to boost product demand in the country. In March 2023, a joint research venture of scientists from the Australian National University's (ANU) Clear Vision research lab and biotech firm VivaZome Therapeutics secured a government grant of USD 3 million.
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Our clientele includes a mix of spatial omics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia spatial omics market , including forecasts for subscribers. This country databook contains high-level insights into Australia spatial omics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia spatial omics market size, by product, 2018-2030 (US$M)
Australia Spatial OMICS Market Outlook Share, 2023 & 2030 (US$M)
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