Molecular Cytogenetics Market 2023 by Top Key Players, Segment Analysis, Share and Forecast Research Report

According to P&S Intelligence, molecular cytogenetics market is forecasted to attain revenue of $3.3 billion by 2023. The market is mainly driven by growing implementation of pharmacogenomics in personalized disease management and drug development, rising cancer cases, advancements in cytogenetic techniques, and rise in genetic-based prediction of chromosomal abnormalities.

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During the forecast period, the molecular cytogenetics market is projected to witness fastest growth in APAC, at CAGR of 11.8%, mainly due to the large population in the region, untapped market and entry of global players in the industry to offer cytogenetic testing. Government initiatives such as mandatory testing, funding and training programs to the researchers are some other factors that are propelling the growth of the market in the region.

According to the World Bank, the healthcare expenditure of South Asia was 3.9% of its total GDP in 2000, which increased to 4.4% in 2014. The growing healthcare infrastructure in APAC is creating huge revenue generation opportunities for the pharmaceutical and biotechnology companies in the region.

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Some of the other key players operating in the molecular cytogenetics industry include Abbott Laboratories, Danaher Corporation, Bio-Rad Laboratories Inc., F. Hoffmann La-Roche AG, PerkinElmer Inc., Illumina Inc, Agilent Technologies Inc and NeoGenomics Inc.

GLOBAL MOLECULAR CYTOGENETICS MARKET SEGMENTATION
Market Segmentation by Offering
• Consumables
• Software & Services
• Instruments
Market Segmentation by Technology
• Comparative Genomic Hybridization (CGH)
o Array-based CGH
o Standard CGH
• Fluorescence in situ hybridization (FISH)
• Immunohistochemistry (IHC)
• Karyotyping
o Spectral karyotyping
o Virtual karyotyping
Market Segmentation by Application
• Cancer
• Genetic Disorders
• Personalized Medicine
• Others
Market Segmentation by End User
• Clinical & Research Laboratories
• Academic Research Institutes
• Hospitals & Pathology Laboratories
• Pharmaceutical & Biotechnology Companies
• Others
Market Segmentation by Geography
• North America molecular cytogenetics market
o By offering
o By technology
o By application
o By end user
o By country
 U.S. Molecular Cytogenetics Market
 By offering
 By technology
 By application
 By end user
 Canada Molecular Cytogenetics Market
 By offering
 By technology
 By application
 By end user
• Europe Molecular Cytogenetics Market
o By offering
o By technology
o By application
o By end user
o By country
 Germany Molecular Cytogenetics Market
 By offering
 By technology
 By application
 By end user
 U.K. Molecular Cytogenetics Market
 By offering
 By technology
 By application
• Asia-Pacific (APAC) Molecular Cytogenetics Market
o By offering
o By technology
o By application
o By end user
o By country
 Japan Molecular Cytogenetics Market
 By offering
 By technology
 By application
 By end user
 China Molecular Cytogenetics Market
 By offering
 By technology
 By application
 By end user
• Latin America (LATAM) Molecular Cytogenetics Market
o By offering
o By technology
o By application
o By end user
o By country
 Brazil Molecular Cytogenetics Market
 By offering
 By technology
 By application
 By end user
• Middle East & Africa (MEA) Molecular Cytogenetics Market
o By offering
o By technology
o By application
o By end user
o By country
 South Africa Molecular Cytogenetics Market
 By offering
 By technology
 By application
 By end user

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This release was published on openPR.