Overview

Molecular Cytogenetics Market is estimated to value over USD 3.68 billion by 2027 end with a CAGR of over 10.1% during the forecast period 2020 to 2027.

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FutureWise Market Research has instantiated a report that provides an intricate analysis of Molecular Cytogenetics Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Molecular Cytogenetics Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

The increasing prevalence of genetic disorders, improving healthcare infrastructure, increased adoption of molecular cytogenic products in research and clinical laboratories, pharmaceutical and biotech companies and academic institutes and increased emphasis on targeted treatment of cancer are some of the crucial factors responsible for the growth of the market. The cytogenic analysis earlier focused only on investigating the cellular aspects that detected the genomic aberrations and studying the structure of chromosome in heredity conditions. Currently, cytogenic analysis is being extensively used for applications others than identifying a genome’s chromosomal status, which has enhanced the study of changes in the chromosome involved in the pathogenesis of a disease, the human genome organization in three dimensions.
Human genetics is prominently used for bridging the gap between the provisions of a refined medical service and the applications of findings of genes. Such a broad range of applications shall augment the market growth. Additionally, the rising prevalence of cancer and increased mortality rate annually has substantially helped in the molecular cytogenetics market growth. Such a consistent rise in new cancer cases has increased the necessity for developing novel technologies for a completer understanding of cancer genomically. Some of the recognised cytogenic methods like Comparative Genomic Hybridization and FISH that offer extensive insights about the molecular signatures related to cancer, thereby gaining information on the progression of cancer. Increased pharmacogenomic activities are predicted to substantially influence the proliferation of the market.
However, the reimbursement policies for molecular cytogenetics are unfavourable and these instruments being expensive, the treatments are meant to be expensive as well, thereby negatively affecting the growth of the market.

Major players included in the Molecular Cytogenetics Market:
• F. Hoffmann-La Roche Ltd.
• Danaher Corporation
• Thermo Fisher Scientific, Inc.
• Abbott Laboratories
• Agilent Technologies
• PerkinElmer, Inc.
• Illumina, Inc.
• Bio-Rad Laboratories
• Oxford Gene Technology
• Applied Spectral Imaging
(Note: The list of the major players will be updated with the latest market scenario and trends)

Molecular Cytogenetics Market

Market Segmentation:

By Product
• Kits & Reagents
o Testing Kits
o Probes
o Fluorescent Affinity Reagents
o Other Kits & Reagents
• Instruments
• Consumables
• Software & Services

By Technique
• Comparative Genomic Hybridization
o Array-Based Comparative Genomic Hybridization
o Standard Comparative Genomic Hybridization
• Fluorescence in Situ Hybridization
• In Situ Hybridization
• Other Techniques

By Application
• Genetic Disorders
• Cancer
• Personalized Medicine
• Other Applications

By End User
• Clinical & Research Laboratories
• Academic Research Institutes
• Pharmaceutical and Biotechnology Companies
• Other End Users

By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Regional Analysis:

The North America region is predicted to lead the global market owing to a strong presence of major market players, implementation of an efficient regulatory framework for regulating genetic tests. The Asia Pacific region, however, is anticipated to grow at a significant rate during the forecast period. This is mainly due to the consistent rise in the gross domestic product of nations like India, Japan which shall enhance the buying drive and power of the consumer.

Competitive Landscape:

• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key market trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the global molecular cytogenetics market By Product, By Technique, By Application, By End User and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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