China Spatial Genomics & Transcriptomics Market Size & Outlook
- Biotechnology
- Genomics & Genetic Engineering
- Spatial Genomics & Transcriptomics Market Outlook
- Genomics & Genetic Engineering
China Spatial Genomics Transcriptomics Market, 2018-2030 (US$M)
Global Market
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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.
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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Spatial Genomics & Transcriptomics Market Scope
Spatial Genomics Transcriptomics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Natera Inc | View profile | 3,293 | 13011 McCallen Pass, Building A Suite 100, Austin, TX, United States, 78753 | www.natera.com |
| Bio-Techne Corp | View profile | 3,050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | www.bio-techne.com |
| 10x Genomics Inc Ordinary Shares - Class A | View profile | 1,259 | 6230 Stoneridge Mall Road, Pleasanton, CA, United States, 94588 | www.10xgenomics.com |
| Horizon Discovery | View profile | 101-250 | Cambridge, Cambridgeshire, United Kingdom, Europe | www.horizondiscovery.com |
| Dovetail Genomics | View profile | 11-50 | Scotts Valley, California, United States, North America | dovetailgenomics.com/ |
| NanoString Technologies | View profile | 251-500 | Seattle, Washington, United States, North America | www.nanostring.com |
| Seven Bridges | View profile | 251-500 | Charlestown, Massachusetts, United States, North America | www.sevenbridges.com/ |
| S2 Genomics | View profile | 11-50 | Livermore, California, United States, North America | s2genomics.com |
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 Outlook will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 53.12% 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.
- China Spatial Genomics & Transcriptomics Market Product Outlook (Revenue, USD Million , 2018-2030)
- Instruments
- Consumables
- Software
- China Spatial Genomics & Transcriptomics Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Spatial Transcriptomics
- Spatial Genomics
- China Spatial Genomics & Transcriptomics Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Translational Research
- Academic Customers
- Diagnostic Customers
- Pharmaceutical Manufacturer
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Horizon Databook provides a detailed overview of country-level data and insights on the China Spatial Genomics & Transcriptomics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Spatial Genomics & Transcriptomics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Spatial Genomics Transcriptomics Market, 2018-2030 (US$M)
China spatial genomics & transcriptomics market statistics, by product, 2018-2030 (US$M)
