The current trends of the In-Situ Hybridization Market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the In-Situ Hybridization Market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the In-Situ Hybridization Market.
The global in-situ hybridization market size reached USD 905.3 Million in 2020 and is expected to register a CAGR of 7.1%, during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of cancer, genetic disorders, and infectious diseases is expected to drive revenue growth of the global in-situ hybridization market during the forecast period. According to the Center for Disease Control and Prevention, in 2019, cancer was the second leading cause of death in the US. Around 599,601 cancer deaths occurred in 2019, among which 283,725 were female, and 315,879 were male. Rising prevalence is resulting in need for developing more effective treatment techniques by pharma companies for early detection of infected cells and tissues.
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Some Key Highlights in the Report
- The fluorescence in-situ hybridization segment is expected to lead in terms of revenue contribution to the global in-situ hybridization market during the forecast period due to rising application of fluorescence in-situ hybridization technology for defected chromosome identification, unusual genetic conditions, and drug tracking.
- Cancer diagnostic segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing demand for FISH technology for early detection of cancer cells is driving revenue growth of this segment.
- Kits & reagents segment is expected to account for higher revenue share among the product type segments. This growth can be attributed to increasing need for various kits to perform pre-hybridization, post-hybridization, and hybridization treatments.
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top competitors of the In-Situ Hybridization Market profiled in the report include:
Thermo Fisher Scientific, Biocare Medical, Agilent Technologies, Abbott Laboratories, Abnova Corporation, Hoffmann-La Roche Ltd., Merck KGAa, Danaher Corporation, Bio SB, and BioGenex Laboratories.
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Emergen Research has segmented the global in-situ hybridization market on the basis of technology, application, product type, end-use, and region:
Technology Outlook (Revenue, USD Million; 2018–2028)
- Fluorescence In-Situ Hybridization (FISH)
- Chromogenic In-Situ Hybridization (CISH)
Application Outlook (Revenue, USD Million; 2018–2028)
- Cancer Diagnostic
- Infectious Disease
Product Type Outlook (Revenue, USD Million; 2018–2028)
- Kits & Reagents
End-use Outlook (Revenue, USD Million; 2018–2028)
- Diagnostics Laboratories and Hospitals
- Pharmaceutical & Bio-technology
- Academic & Research Institute
- Contract Research Organizations (CRO)
Regional Outlook (Revenue, USD Million; 2018–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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The research report on the In-Situ Hybridization Market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the 5g chipset business sphere.
Key Objectives of the Report:
- Analysis and estimation of the In-Situ Hybridization Market size and share for the projected period of 2021-2028
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global In-Situ Hybridization Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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