China Spatial Omics Market Size & Outlook, 2023-2030
China spatial omics market, 2018-2030 (US$M)
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China spatial omics market highlights
- The China spatial omics market generated a revenue of USD 16.4 million in 2023 and is expected to reach USD 34.7 million by 2030.
- The China market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Consumables 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 16.4 million |
| Market revenue in 2030 | USD 34.7 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| 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, China accounted for 4.5% 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 |
|---|
China 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 53.05% in 2023. Horizon Databook has segmented the China spatial omics market based on instruments, consumables, software covering the revenue growth of each sub-segment from 2018 to 2030.
China spatial omics market is driven by an increase in translational research in the country. Although the country is comparatively new in the development of translational medicine, the market is expected to grow rapidly.
The field of translational research has received considerable attention from regional and central governments in China. Moreover, proteomic technology firms in the country are receiving funding for promoting the advancement of their facilities, which is contributing to market growth.
For instance, in April 2020, APTBIO received funding of USD 28.29 million in a series A financing round led by Wuxi New District Investment Group and Luxin Venture Capital.
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Target buyers of China spatial omics market databook
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Our clientele includes a mix of spatial omics 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 omics market , including forecasts for subscribers. This country databook contains high-level insights into China spatial omics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China spatial omics market size, by product, 2018-2030 (US$M)
China Spatial OMICS Market Outlook Share, 2023 & 2030 (US$M)
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