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Cytogenetic Market To Record An Exponential CAGR By 2028

07-06-2022 12:35 PM CET | Health & Medicine

Press release from: Precision Business Insights

Cytogenetic Market To Record An Exponential CAGR By 2028

According to Precision Business Insights (PBI), the latest report, cytogenetic market is expected to be worth USD 2.7 billion in 2022, growing at a 9.8% CAGR from 2022 to 2028. The cytogenetic makes it easier to analyze and scan the entire genome organization is a crucial element pushing the demand for the technology. Additionally, factors like the growing emphasis on preventive healthcare practices, an aging population, an increase in chronic diseases, the increasing use of pharmacogenomics for disease management, the need to reduce rising healthcare costs, an increase in genetic abnormalities, and an increased emphasis on clinical and research diagnosis are some of the main factors propelling the global market for cytogenetics.

View Detailed Report Description Here - https://precisionbusinessinsights.com/market-reports/cytogenetics-market/

CGH Segment to Dominate the Cytogenetic Market
The CGH segment is expected to account for a larger revenue share in the global cytogenetic market, with a value share worldwide. It is projected to grow at a X% CAGR between 2022 and 2028. The significant benefits that CGH and FISH techniques have over traditional methods have led to these market segments taking the largest market share. CGH dominated the market due to its crucial function in extensive cancer studies. The excellent resolution provided by array-based CGH has aided in its development. Array-based CGH has dramatically improved the resolution and labor needs of regular CGH. Additionally, this method has reduced the need for metaphase chromosomes, improving resolution.

Asia Pacific Cytogenetic Market
The Asia Pacific market is expected to increase in the global cytogenetic market over the forecast period. It is projected to grow at a CAGR of X% in the coming years. The market is driven by ongoing workshops and interventions regarding current trends and human genetics and disease management breakthroughs. These workshops aim to raise public awareness of the value of cutting-edge diagnoses and treatments in the Asia Pacific region.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global cytogenetic market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.

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Detailed Segmentation
Based on the product:
• Consumables
• Testing Kits, Media, and Reagents
• Probes
• Others (Affinity Reagents and Stains)
• Instruments
• Software & Services

Based on the techniques:
• Comparative Genomic Hybridization (CGH)
• Fluorescence in Situ Hybridization (FISH)
• Karyotyping
• Immunohistochemistry
• Others

Based on the application:
• Genetic Disorders
• Cancer
• Personalized Medicine
• Others

Based on the end-user:
• Clinical & Research Laboratories
• Pharmaceutical & Biotechnology Companies
• Academic Research Institutes
• Others

The key player's in the cytogenetic market report are F. Hoffmann-La Roche Ltd., Danaher Corporation, Thermo Fisher Scientific, Inc., Abbott Laboratories, Agilent Technologies, PerkinElmer, Inc., Illumina, Inc., Bio-Rad Laboratories, Oxford Gene Technology, and Applied Spectral Imaging.

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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