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Global Spatial Biology Market Achieves 15% CAGR with Rising Academic and Industry Research 2030

 


The global spatial biology market is set to witness a CAGR of ~15% in the next 5 years. Increasing incidence of cancer, advancements in technology, growing investments in lif e sciences and personalized medicine, development of accessible and flexible platforms, and expansion of single-cell omics, are some of the key factors driving the spatial biology market. 

Spatial biology is a new innovative area of biological research that focuses on the spatial organization and interaction of cells, molecules and tissues in their native biological context. By maintaining the physical context of biological samples, spatial biology enables researchers to see where particular genes, proteins and other biomolecules are expressed in a certain tissue. Techniques such as spatial transcriptomics, multiplexed imaging, and mass spectrometry imaging have led to high-resolution mapping of molecular activity. Spatial biology is transforming the understanding of complex biology including tumor microenvironments, immune responses and neural networks and has been important to contribute to drug discovery, diagnostics and personalized medicine.

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Increasing incidence and prevalence of cancer to drive market growth

According to the WHO, cancer is one of the leading causes of death worldwide, and the estimated number of new cancer cases and deaths in 2022, was 20 million and 9.7 million respectively. Cancer, many times also leads to various morbidities and co-morbidities and can be responsible for loss of life years and/or years without disability. Furthermore, over 35 million new cancer cases are predicted in 2050, a 77% increase from the estimated 20 million cases in 2022 (Source: WHO). Hence, a multidisciplinary approach is necessary to fight this disease. Spatial biology plays an important role among the various fields that can contribute to the understanding of this disease. Cancer progression is a spatial process that involves spatial changes in tissue structure and tumor–microenvironment interactions. The recent advent of spatial omics technologies allows for enhanced characterization of tumor development and heterogeneity as a spatial process, providing opportunities for better spatial targeting of therapies. Thus, the growing prevalence of cancer is driving adoption of spatial profiling technologies to support drug discovery, biomarker identification, and personalized treatment approaches.

AI and ML for data analysis – A key market trend

Spatial biology, involves large datasets that are often accompanied by complex problems that need technological solutions. Techniques such as spatial transcriptomics and multiplexed imaging processes generate large datasets that tend to be vast, complex, and high-dimensional. Applying traditional methods of processing and analyzing such data often leads to over simplifications and/or omissions of critical insights. This is an area where machine AI and ML technologies can be of assistance. ML algorithms provide advanced tools necessary for interpreting the highly complex spatial biology data. These algorithms offer functionalities like, automating feature extraction and pattern recognition, which helps uncover hidden patterns, accelerate scientific discovery, and make spatial biology data more interpretable. Integrating AI/ML, allows handling large datasets efficiently, which eventually helps in accelerating research. This trend is crucial for making spatial biology more accessible and impactful.

Competitive Landscape Analysis

The global spatial biology market is marked by the presence of established and emerging market players such as 10x Genomics; Bruker Spatial Biology, Inc.; Akoya Biosciences, Inc.; Bio-Techne; Leica Microsystems; Standard BioTools; NeoGenomics Laboratories; Revvity; Vizgen Inc.; and F. Hoffmann-La Roche Ltd; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.

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Global Spatial Biology Market Segmentation

This report by Medi-Tech Insights provides the size of the global spatial biology market at the regional- and country-level from 2023 to 2030. The report further segments the market based on product and service, technology, application, therapeutic area, and end user.

Market Size & Forecast (2023-2030), By Product and Service, USD Million

  • Instruments and Platforms
  • Consumables and Reagents
  • Software and Services

Market Size & Forecast (2023-2030), By Technology, USD Million

  • Spatial Transcriptomics
  • Spatial Proteomics
  • Spatial Genomics
  • Spatial Metabolomics
  • Multiplexed Imaging Technologies
  • Others

Others Market Size & Forecast (2023-2030), By Application, USD Million

  • Discovery Research
  • Translational/Clinical Research
  • Clinical Diagnostic
  • Others

Market Size & Forecast (2023-2030), By Therapeutic Area, USD Million

  • Oncology
  • Immunology
  • Neuroscience
  • Infectious Diseases
  • Others

Market Size & Forecast (2023-2030), By End User, USD Million

  • Pharmaceutical and Biotechnology Companies
  • Contract Research Organizations (CROs)
  • Clinical and Diagnostic Laboratories
  • Others

Market Size & Forecast (2023-2030), By Region, USD Million

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
  • Middle East & Africa

About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

Contact:

Ruta Halde
Associate, Medi-Tech Insights
 +32 498 86 80 79
 info@meditechinsights.com 

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