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Spatial OMICS Market Worth $484.22 Million By 2028 | CAGR: 10.0%

Spatial OMICS Industry Overview The global  spatial OMICS market  size is expected to reach USD 484.22 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.00% from 2021 to 2028. The COVID-19 pandemic slowed down many industries worldwide. However, this market did not face the extensive negative impact of the pandemic. Spatial OMICS Market Segmentation Grand View Research has segmented the global spatial OMICS market on the basis of technology, product, workflow, sample type, end use, and region: Based on the Technology Insights, the market is segmented into Spatial Transcriptomics, Spatial Genomics, Spatial Proteomics. The spatial transcriptomics segment dominated the market with a share of 63.56% in 2020. Continuous advancements in sequencing technologies have accelerated the transcriptomic study of single cells. The development of various in situ methods enhances the capabilities to explore spatial ...

Gene Synthesis Market Worth $5.58 Billion By 2028

Gene Synthesis Industry Overview The global gene synthesis market size was valued at USD 1.47 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 18.1% from 2021 to 2028. The supportive government policies associated with  synthetic biology   are key driving factors of the market. With the growing demand for synthetic biology, investors have shifted their focus on this field over the past few years. In 2020, approximately, USD 8 billion were invested in the synthetic biology field by public and private financing. The ongoing COVID-19 pandemic has been advantageous for the market, in terms of new growth opportunities. Scientific communities are exploring untapped avenues in the space, thereby contributing to revenue growth. For instance, researchers at the National Institute of Standards and Technology (NIST) have produced synthetic gene fragments from the COVID-19 virus to help diagnostic developers develop more reliable and accurate diagnostic...