Molecular Cytogenetics Global Market to Reach $3.5 Billion by 2030: Rising Adoption of Array Based CGH to Spur Overall Demand

DUBLIN, April 10, 2023 /PRNewswire/ -- 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:

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/ppnlpw

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