Dublin, April 06, 2023 (GLOBE NEWSWIRE) -- The "Molecular Cytogenetics: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Molecular Cytogenetics estimated at US$1.8 Billion in the year 2022, is projected to reach a revised size of US$3.5 Billion by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030.
Consumables, one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Instruments segment is readjusted to a revised 7.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $794.6 Million, While China is Forecast to Grow at 10% CAGR
The Molecular Cytogenetics market in the U.S. is estimated at US$794.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$231.4 Million by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 7.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$313.8 Million by the year 2030.
Select Competitors (Total 44 Featured) -
- Abbott Molecular
- Agilent Technologies, Inc.
- Applied Spectral Imaging
- Biological Industries
- Bio-Rad Laboratories, Inc.
- Cytognomix, Inc.
- CytoTest, Inc.
- F. Hoffmann-La Roche Ltd.
- Illumina, Inc.
- Leica Biosystems Nussloch GmbH
- Oxford Gene Technology
- PerkinElmer, Inc.
- SciGene Corporation
- Thermo Fisher Scientific, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 657 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.8 Billion |
| Forecasted Market Value (USD) by 2030 | $3.5 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
- Challenges and Opportunities for Clinical Diagnostics amid the Pandemic
- French Research Team Develops CoronaFISH
- Immuno RNA Fluorescence ISH for Visualization of COVID-19 Causing SARS-CoV-2
- Molecular Cytogenetics Technologies: An Introductory Prelude
- Future Prospects Remain Favorable for Cytogenetics Technologies
- Uptrend in Life Sciences R&D and Healthcare Spending Creates Fertile Environment
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
- Northbound Trajectory in Med Tech Sector to Generate Parallel Opportunities
- Developed Regions: Key Revenue Contributors
- Developed Regions Account for Lion's Share of World Molecular Cytogenetics Technologies Market: Percentage Breakdown of Revenues for Developed and Developing Regions (2020E & 2027P)
- Fast Paced Growth Projected in Developing Regions
- Global Market for Molecular Cytogenetics Technologies - Geographic Regions Ranked by % CAGR (Revenues) for 2020-2027: China, Asia-Pacific, Latin America, USA, Middle East, Africa, Canada, Europe, and Japan
- Competitive Scenario
- Recent Market Activity
- Molecular Cytogenetics - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Critical Importance of Molecular Biology in Laboratory Processes: Cornerstone for Present & Future Growth
- Advanced Molecular Biology Techniques Broaden the Scope of Cytogenetics Technologies
- Comparative Genome Hybridization (CGH): Largest & Fastest Growing Market Segment
- Rising Adoption of Array Based CGH to Spur Overall Demand
- Array-based Technologies Continue to Cannibalize Sales from FISH Technology: Percentage (%) Share of Array-Based Solutions in World Cytogenetics Technologies Market (2018 & 2022)
- aCGH Simplifies Diagnosis of Chromosomal Anomalies
- Clinical Pathological Testing: A Growing Vertical for aCGH
- Impact of Rising Emphasis on R&D on Microarray Technology
- Leveraging Established Use Case, FISH Technology Continues to Find Favor
- Next Generation Sequencing Seeks Role in Cytogenetics Processes
- Molecular Cytogenetics Greatly Benefit Cancer Prognosis
- Breakdown of Total Number of Cancer Cases by Region: 2020
- Breakdown of Total Number of Cancer Cases by Type: 2020
- Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
- Cancer Care Made Easier with Highly-Multiplexed FISH
- Diverse Applications of FISH Technology in Oncology
- Growing Demand for Targeted Therapies in Cancer Treatment Presents Lucrative Opportunities
- Increasing Significance of Cytogenetic Analysis in Genetic Disease Diagnosis
- Uptrend in Genetic Disease Testing Augments Prospects
- List of Genetic Disorders by Event, Genetic Manifestation and Prevalence
- Top Ten Genetic Diseases Worldwide
- Proven Efficacy in Nucleic Acid Diagnostics Favors Market Growth
- Expanding Role of Molecular Cytogenetics in Personalized Medicine
- Global Personalized Medicine Market: Revenues in US$ Million for the Years 2019, 2021, 2023 and 2025
- World Personalized Medicine Market by Region/Country (2021): Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific and Rest of World
- Drug Ineffectiveness for Select Therapeutic Categories as a Percentage of Patient Population
- Companion Diagnostics Lead the Way to Personalized Medicine
- Digitalization, Automation and AI Trends Set to Shape Future Growth
- Lab Automation Speeds Up
- World Laboratory Automation Market in US$ Billion for Years 2018, 2020, 2022, 2024 & 2026
- Laboratory 4.0 Set to Transform Molecular Cytogenetics Landscape
- Laboratory Information Systems Gain Traction
- Artificial Intelligence : The Future of LIS
- Biotech Research Spending Patterns Steer Momentum
- Technology Advancements & Improvements Bolster Growth
- Ageing Demographics to Drive Demand
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
- Life Expectancy at Age 60 and 80 Years: (2010-2015), (2020-2025) & (2045-2050)
- Technology Overview
- A Preface to Cytogenetics
- Basic Terms and Definitions in Molecular Biology
- An Overview of Select Chromosomal Anomalies
- Molecular Cytogenetics
- Insight into Molecular Cytogenetics Techniques
- Fluorescence in situ Hybridization (FISH)
- Comparative Genomic Hybridization (CGH)
- Advent of Microarray Technology
- Microarrays in Comparative Genomic Hybridization
- Principle Underlying aCGH
- Low Resolution and High Resolution aCGH
- A Review of Molecular Biology Techniques in Cytogenetics
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/8r1s68
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
