Market growth influenced due to following factors-

Increasing adoption of spatial genomics and transcriptomics techniques for drug discovery & development
Increasing R&D investments and public-private funding.
Introduction of technologically advanced instruments for spatial genomics analysis is also boosting the market growth

Global market size-

According to the new market research report the spatial genomics market is projected to reach $404 million by 2025, at a CAGR of 17.8% during the forecast period.

Top Segments-

On the basis of technique, the spatial genomics & transcriptomics market is segmented into spatial transcriptomics techniques and spatial genomics analysis techniques. The spatial transcriptomics techniques segment is further sub-segmented into immunohistochemistry (IHC), in situ hybridization, sequencing technologies, microscopy-based RNA imaging, and other spatial transcriptomics techniques. Among these, immunohistochemistry segment held a dominant share owing to emergence of multiplex immunohistochemistry/ immunofluorescence (mIHC/IF)

Based on product, the global spatial genomics & transcriptomics market is categorized instruments, consumables, and software. In 2019, consumables accounted for the largest share in the global spatial genomics and transcriptomics market.

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Geographic Overview -

North America held the largest share in the global market, followed by Europe, with a share of 21.6%. The large share of the North American regional segment can be attributed to the presence of well-established as well as emerging market players operating in the spatial genomics market in this region.