Global Molecular Cytogenetics Market Research Report: Forecast (2024-2030)

1. Global Molecular Cytogenetics Market Research Report: Forecast (2024-2030) • GET SAMPLE REPORT • MARKNTEL ADVISORS

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4. Market Insights The Global Molecular Cytogenetics Market size is estimated to grow at a CAGR of around 9.3% during the forecast period, i.e., 2024-30. The exponential growth of genomic data is fueling demand for molecular cytogenetics. Integration of multi-omics data and the development of bioinformatics tools enable efficient data management, analysis, and interpretation, facilitating the discovery of associations between genetic alterations and disease phenotypes. This growing genomic pool is anticipated to sustain market growth in the forecast period. Cancer is a primary cause of death across the world, accounting for approximately 10 million deaths every year

5. Market Drivers Increasing Incidence of Cancer & Genetic Disorder to Boost the Market Growth – The global surge in cancer incidence has been a major concern. Studies over the past two decades have revealed recurrent genetic abnormalities in various human diseases, potentially fueling the proliferation of cancer cases. For instance: In 2022, according to the American Cancer Society's report, an estimated 1.9 million individuals were diagnosed with cancer in the United States alone. Despite individual genetic disorders being relatively rare, they collectively account for over 15,500 recognized conditions. Highlighting this trend, the World Health Organization's 2023 data indicated that congenital malformations affected 3-4% of all births, contributing to 20-30% of infant mortality cases worldwide. The growing incidence of diseases across the globe is necessitating inhabitants to undergo diagnostic tests. As a result, healthcare facilities are increasingly opting for solutions that help in the identification of potent health threats to individuals. Hence, the demand for molecular cytogenetics is increasing within the healthcare sector, amplifying the Global Molecular Cytogenetic Market growth.

6. Market Segments Molecular Cytogenetics Market Report - By Product & Service (Kits & Reagents, [Testing Kits, Probes, Fluorescent Affinity Reagents, Others], Instruments, Consumables, Software & Services), By Technique (Comparative Genomic Hybridization, [Array-based Comparative Genomic Hybridization, Standard Comparative Genomic Hybridization], Fluorescence In-situ Hybridization, Chromogenic In-situ Hybridization, Others)), By Application (Genetic Disorders, Cancer, Personalized Medicine, Others), By End Users (Clinical & Research Laboratories, Academic Research Institutes, Pharmaceutical & Biotechnology Companies, Others), Others

7. Top Companies Agilent Technologies, Inc., Abbott Laboratories, Thermo Fisher Scientific Inc., DH Life Sciences, LLC, Illumina, Inc., Revvity, GeneDx, LLC, Applied Spectral Imaging, Inc., Bio-Rad Laboratories, Inc., MetaSystems Probes GmbH, Oxford Gene Technology IP Limited, Empire Genomics, Inc., SciGene Corporation, BioDot, KromaTiD Inc., among others

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10. MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”

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