Uploaded on Jan 25, 2022
Cytogenetics is a branch of biology, which correlates cytology and genetics. The correlation is used to study chromosomes and genes in cells and tissues. The study is conducted in relation to hereditary and variations in genes and number of chromosomes, which are used for the detection of genetic disorders as well as selection of precise therapies for treatment of these genetic disorders.
Cytogenetics Market to Witness Rise in Revenues By 2026
Experience the Growth of Cytogenetics
Market, Size to Hit $3.20 billion by 2028
Cytogenetics Market by Product (Consumables, Instruments, and Software & Services), Technique (Comparative Genomic
Hybridization, Fluorescence in Situ Hybridization (FISH), Karyotyping, Immunohistochemistry, and Others), Application
(Genetic Disorders, Cancer, Personalized Medicine, and Others), and End User (Clinical & Research Laboratories,
Pharmaceutical & Biotechnology Companies, Academic Research Institutes, and Others) - Global Opportunity Analysis and
Industry Forecast, 2018-2028
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Overview
According to a new report published by Allied Market
Research, titled, Cytogenetics Market, By Product, Technique,
Application, and End User: Global Opportunity Analysis and
Industry Forecast, 2018-2025," the market was valued at
$1,121 million in 2017, and is projected to reach $3,097
million in 2025, registering a CAGR of 13.5% from 2018 to
2025.
Increase in prevalence of cancer & genetic disorders, rise in
global geriatric population along with surge in prevalence of
chronic diseases, and surge in awareness related to
acceptance of personalized medicines across the world are
the factors that drive the global cytogenetics market growth.
However, higher cost of advanced cytogenetic instruments is
expected to impede the market growth.
Segments
In terms of revenue, the global surgical robotics market is
segmented on the basis of Product, Techniques, Application End
User.
By Techniques - By technique, the cytogenetics market is
categorized into comparative genomic hybridization, fluorescence
in situ hybridization, karyotyping, immunohistochemistry, and
other techniques.
By Product- The global cytogenetics market is segmented into
product, technique, application, end user, and region. On the
basis of product, the market is bifurcated into consumables,
instruments, and software & services.
Asia-Pacific is expected to provide lucrative market growth
opportunities, registering a CAGR of 12.1% from 2018 to 2025.
Geography
North America dominated the Cytogenetics market.
The market growth in North America is primarily a
reflection of product innovations and launches
resulting from technological advancements. The
companies mostly adopted product launch,
acquisition, and expansion as their key strategies to
keep pace with the changing demands of consumers
and strengthen their market position.
Key Market Players
The key players operating in the global Cytogenetics market are
• Abbott Laboratories,
• Agilent Technologies, Inc.,
• Applied Spectral Imaging, Inc.,
• Empire Genomics, LLC.,
• Illumina, Inc.,
• Irvine Scientific.,
• OPKO Health, Inc. (GeneDx.),
• PerkinElmer Inc.,
• Sysmex Corporation (Oxford Gene Technology),
• Thermo Fisher Scientific, Inc.
Other players (these players are not profiled in the report and the same can be included on
request) in the value chain include Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd.,
and MetaSystems.
• An in-depth market analysis includes analysis of various
regions, which is anticipated to provide a detailed
understanding of the current trends to enable
Key Findings of the stakeholders formulate region-specific plans.
Cytogenetics market: • A comprehensive analysis of factors that drive and
restrain the growth of the global is provided.
• The projections in this report are made by analyzing the
current trends and future market potential from 2021 to
2030, in terms of value.
Find out more at the Allied Market Report store
https://www.alliedmarketresearch.com/cytogenetics-market
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