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Global Molecular Cytogenetics Market Š 2018 VynZ Research All rights reserved
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Global Molecular Cytogenetics Market
Molecular cytogenetics is the genetic variation through in-situ hybridization techniques. It provides an analysis of genome organization, its behavior, and structure in high resolution. The global molecular cytogenetics market is growing at a significant rate, due to the mounting occurrence of cancer and genetic disorders, and escalating penetration of molecular cytogenetics in clinical pathological testing. Different products such as kits & reagents, consumables, instruments, and software & services contributed to the molecular cytogenetics market size. The market has witnessed a high demand for kits and reagents due to the mounting occurrence of cancer and Š 2018 VynZ Research All rights reserved
genetic disorders.
Global Molecular Cytogenetics Market The mounting occurrence of genetic disorders and cancer, expanding the geriatric population, escalating healthcare expenditure, and mounting occurrence of chronic diseases are the primary growth drivers for molecular cytogenetics market. For instance, according to GLOBOCAN globally, approximately 14.1 million new cancer cases were diagnosed and there were 8.2 million cancer deaths in 2012. In addition, according to the World Health Organization (WHO), in 2015 approximately 8.8 million people died due to cancer. Moreover, approximately 70% of the deaths from cancer occur in low and middle-income countries. Mounting emphasis on targeted cancer treatment, evolution in the gene-based projection of genetic abnormalities, and escalating penetration of molecular cytogenetics in clinical pathological testing are also facilitating the growth of the molecular cytogenetics market. Š 2018 VynZ Research All rights reserved
Global Molecular Cytogenetics Market Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population. In addition, the mounting occurrence of genetic disorder and cancer, and escalating healthcare expenditure are also creating a positive impact on the molecular cytogenetics market growth in the region. Key players in the molecular cytogenetics market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In October 2018, Precipio Inc., launched HemeScreen, a molecular test for the mutation in hematologic cancer. Abbott Laboratories, Inc., Illumina, Inc., Applied Spectral Imaging, Perkinelmer, Inc., Bio-Rad Laboratories, Inc., Preciio Inc., and Thermo Fisher Scientific Inc. are the key players offering molecular cytogenetics. Š 2018 VynZ Research All rights reserved
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Š 2018 VynZ Research All rights reserved