In-Situ Hybridization Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2020- 2027

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Increasing prevalence of cancer and genetic disorders and increasing investments in R&D for cancer diagnosis are some key factors driving global in-situ hybridization market growth

The Global In-Situ Hybridization Market Research Report published by  Emergen research has been formulated by analysis of key business details and extensive geographical spread of the In-Situ Hybridization industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the In-Situ Hybridization market along with crucial statistical data about the In-Situ Hybridization market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.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. 

The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.

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 Increasing pharmaceutical research and development activities to diagnose cancer and other infectious diseases is expected to augment growth of the global in-situ hybridization market going ahead. In addition, growing number of diagnostic centers for cancer globally are expected to further boost revenue growth of the global in-situ hybridization market in the near future.

The latest report is the most recent study that offers 360° coverage of the In-Situ Hybridization industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global In-Situ Hybridization market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

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.

North America is expected to account for largest revenue share due to increasing advancements in health infrastructure and rising investment in biomedical RD activities in countries in the region. In addition, growing number of clinical laboratories and research institutions in the US is expected to boost growth of the market in the region.

Key players in the market 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.

In March 2021, Agilent Technologies announced plans to acquire Resolution Bioscience Inc. This acquisition will strengthen the position of Agilent Technologies for cancer diagnostics.

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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
  • Immunology
  • Neuroscience
  • Cytology
  • Others

Product Type Outlook (Revenue, USD Million; 2018–2028)

  • Kits Reagents
  • Probes
  • Instruments
  • Software
  • Others

End-use Outlook (Revenue, USD Million; 2018–2028)

  • Diagnostics Laboratories and Hospitals
  • Pharmaceutical Bio-technology
  • Academic Research Institute
  • Contract Research Organizations (CRO)

Regional Overview:

The global In-Situ Hybridization market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global In-Situ Hybridization market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Key questions addressed in the report:

What are the key factors driving the global In-Situ Hybridization market?

Who are the key manufacturers in this market space?

Who are the distributors, traders and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global In-Situ Hybridization market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

Read More: https://www.emergenresearch.com/industry-report/in-situ-hybridization-market

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