According to Markntel Advisors Report, Molecular Cytogenetics Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
The molecular cytogenetics is the study & diagnosis of genetic abnormalities at the molecular level, integrating advanced techniques like FISH, CGH, and NGS. Its products include probes, reagents, instruments, and software, catering to diverse applications, such as prenatal testing, cancer diagnostics, and pharmacogenomics.
Molecular Cytogenetics Market Research Report & Summary:
The Global Molecular Cytogenetics Market size is estimated to grow at a CAGR of around 9.3% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
- Historical Years: 2019-2022
- Base Years: 2023
- Forecast Years: 2024-2030
Who are the Key Players Operating in the Molecular Cytogenetics Market?
The top companies of the Molecular Cytogenetics Market ruling the industry are:
Agilent Technologies, Inc., Abbott Laboratories, Thermo Fisher Scientific Inc., DH Life Sciences, LLC, Illumina, Inc., Revvity, GeneDx, LLC, Applied Spectral Imaging, Inc., Bio-Rad Laboratories, Inc., MetaSystems Probes GmbH, Oxford Gene Technology IP Limited, Empire Genomics, Inc., SciGene Corporation, BioDot, KromaTiD Inc., among others
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What is included in Molecular Cytogenetics Market Segmentation?
The Molecular Cytogenetics Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Product & Service
- Kits & Reagents- Market Size & Forecast 2019-2030F, USD Million
- Testing Kits- Market Size & Forecast 2019-2030F, USD Million
- Probes- Market Size & Forecast 2019-2030F, USD Million
- Fluorescent Affinity Reagents- Market Size & Forecast 2019-2030F, USD Million
- Others- Market Size & Forecast 2019-2030F, USD Million
- Instruments- Market Size & Forecast 2019-2030F, USD Million
- Consumables- Market Size & Forecast 2019-2030F, USD Million
- Software & Services- Market Size & Forecast 2019-2030F, USD Million
- Kits & Reagents- Market Size & Forecast 2019-2030F, USD Million
- By Technique
- Comparative Genomic Hybridization- Market Size & Forecast 2019-2030F, USD Million
- Array-based Comparative Genomic Hybridization- Market Size & Forecast 2019-2030F, USD Million
- Standard Comparative Genomic Hybridization- Market Size & Forecast 2019-2030F, USD Million
- Fluorescence In-situ Hybridization- Market Size & Forecast 2019-2030F, USD Million
- Chromogenic In-situ Hybridization- Market Size & Forecast 2019-2030F, USD Million
- Others- Market Size & Forecast 2019-2030F, USD Million
- Comparative Genomic Hybridization- Market Size & Forecast 2019-2030F, USD Million
- By Application
- Genetic Disorders- Market Size & Forecast 2019-2030F, USD Million
- Cancer- Market Size & Forecast 2019-2030F, USD Million
- Personalized Medicine- Market Size & Forecast 2019-2030F, USD Million
- Others- Market Size & Forecast 2019-2030F, USD Million
- By End Users
- Clinical & Research Laboratories- Market Size & Forecast 2019-2030F, USD Million
- Academic Research Institutes- Market Size & Forecast 2019-2030F, USD Million
- Pharmaceutical & Biotechnology Companies- Market Size & Forecast 2019-2030F, USD Million
- Others- Market Size & Forecast 2019-2030F, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Molecular Cytogenetics Market Driver:
Increasing Incidence of Cancer & Genetic Disorder to Boost the Market Growth – The global surge in cancer incidence has been a major concern. Studies over the past two decades have revealed recurrent genetic abnormalities in various human diseases, potentially fueling the proliferation of cancer cases. For instance:
- In 2022, according to the American Cancer Society’s report, an estimated 1.9 million individuals were diagnosed with cancer in the United States alone.
Despite individual genetic disorders being relatively rare, they collectively account for over 15,500 recognized conditions. Highlighting this trend, the World Health Organization’s 2023 data indicated that congenital malformations affected 3-4% of all births, contributing to 20-30% of infant mortality cases worldwide. The growing incidence of diseases across the globe is necessitating inhabitants to undergo diagnostic tests. As a result, healthcare facilities are increasingly opting for solutions that help in the identification of potent health threats to individuals. Hence, the demand for molecular cytogenetics is increasing within the healthcare sector, amplifying the Global Molecular Cytogenetic Market growth.
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