Saudi Arabia Spatial Omics Market Size & Outlook
Saudi Arabia spatial omics market, 2018-2030 (US$M)
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Saudi Arabia spatial omics market highlights
- The Saudi Arabia spatial omics market generated a revenue of USD 2.7 million in 2023 and is expected to reach USD 3.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.7% 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 2.7 million |
| Market revenue in 2030 | USD 3.7 million |
| Growth rate | 4.7% (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, Saudi Arabia accounted for 0.7% 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 Middle East & Africa, Saudi Arabia spatial omics market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.8 million by 2030.
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Spatial OMICS Market Scope
Spatial OMICS Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 51.85% in 2023. Horizon Databook has segmented the Saudi Arabia spatial omics market based on instruments, consumables, software covering the revenue growth of each sub-segment from 2018 to 2030.
According to the news article published by Al Arabiya Network in June 2022, the Saudi Arabian Minister of Industry and Mineral Resources, as chairman of the biopharmaceutical industry committee, announced several investment opportunities, with an overall worth of USD 3. 4 billion, in vital medicine and vaccines to accomplish the country’s pharmaceutical and health security objectives.
In addition, there are some initiatives in Saudi Arabia related to biobanking and genomics research that drive market growth. For instance, the National Biobank in Saudi Arabia was inaugurated in 2022 to enhance the public health system and effectively contribute to supporting the research, development, and innovation agenda in the country.
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Our clientele includes a mix of spatial omics market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia spatial omics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia spatial omics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia spatial omics market size, by product, 2018-2030 (US$M)
Saudi Arabia Spatial OMICS Market Outlook Share, 2023 & 2030 (US$M)
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