In-Situ Hybridization Market Revenue Poised for Significant Growth During the Forecast Period of 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 report presents a lucid picture of the current In-Situ Hybridization industry landscape, including the historical and projected market size, based on value, technological innovations, micro- and macroeconomic components, and governing factors in the market. The global keyword market research report ends with a brief summary of the leading players operating in the market, their product offerings, key developments, SWOT analysis, investment feasibility and returns, and the growth trends and forecasts.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 industry.

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.

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Rising prevalence is resulting in need for developing more effective treatment techniques by pharma companies for early detection of infected cells and tissues. 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. However, high cost of in-situ hybridization-based treatment is a major factor expected to hamper global in-situ hybridization market growth to a certain extent during the forecast period.

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

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.

Global In-Situ Hybridization Market – Overview:

The latest market intelligence report, titled ‘Global In-Situ Hybridization Market’, is intended to provide the target audience with the necessary information about the global In-Situ Hybridization industry. The report comprises a detailed analysis of the vital elements of the In-Situ Hybridization market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the In-Situ Hybridization market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

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.

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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)

Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

The report considers the following timeline for market estimation:

  • Historical Years: 2017-2018
  • Base Year: 2019
  • Estimated Year: 2027
  • Forecast Years: 2020-2027

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global In-Situ Hybridization market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

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

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