Recent in situ hybridization market trends, future growth, industry analysis, outlook, information, sharing and forecast
Increased prevalence of cancer and genetic disorders and increased investment in R&D for cancer diagnosis
VANCOUVER, BC, CANADA, December 20, 2021 /EINPresswire.com/ – The study is a professional survey of revenue generated and capacity estimates for the in-situ hybridization market for the period of forecast 2021 – 2028 allow business owners to maintain a competitive advantage over their rivals.
The in situ hybridization market size reached USD 905.3 million in 2020 and is expected to register a CAGR of 7.1% during the forecast period, according to the latest analysis from Emergen Research. The increasing prevalence of cancer, genetic disorders, and infectious diseases are expected to drive the revenue growth of the global in situ hybridization market during the forecast period. According to the Center for Disease Control and Prevention, in 2019, cancer was the second leading cause of death in the United States. About 599,601 cancer deaths occurred in 2019, of which 283,725 were women and 315,879 were men. The increasing prevalence requires the development of more effective treatment techniques by pharmaceutical companies for the early detection of infected cells and tissues. The increase in pharmaceutical research and development activities to diagnose cancer and other infectious diseases is expected to increase the growth of the global in situ hybridization market in the future. In addition, the increasing number of cancer diagnostic centers around the world is expected to further drive the revenue growth of the global in situ hybridization market in the near future.
However, the high cost of treatment based on in situ hybridization is a major factor which is expected to hamper the growth of the global in situ hybridization market to some extent during the forecast period.
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The research report includes a separate chapter for qualitative analysis. We took a descriptive approach when writing the chapter. Both macro and micro economic factors define market share and growth. These factors have been carefully understood through secondary and primary sources. All these factors have been explained under headings, namely growth factors, growth restraining factors, market and technology trends etc. Based on contribution and growth potential, five countries were chosen for the PESTEL analysis and the same was described in the report.
The research report offers in-depth information on company profiles as well as their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, launches product and brand promotions, government and corporate agreements, among others. The report further offers a comprehensive SWOT analysis and Porter’s five forces analysis to offer a better understanding of the industry competitive landscape.
Main actors presented in the report:
Thermo Fisher Scientific, Biocare Medical, Agilent Technologies, Abbott Laboratories, Abnova Corporation, Hoffmann-La Roche Ltd., Merck KGAa, Danaher Corporation, Bio SB, and BioGenex Laboratories.
The report analyzes the market on the basis of different categories such as product types, end-user applications, and major geographies. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
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)
Outlook Product Type (Revenue, USD Million; 2018-2028)
Kits and reagents
End-Use Outlook (Revenue, USD Million; 2018-2028)
Diagnostic laboratories and hospitals
Pharmaceuticals & Bio-technology
University and research institute
Contract research organizations (CROs)
Major regions include North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand. demand, production and consumption models, import / export and the presence of key players in each region.
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Key questions addressed in the report:
What is the growth rate of the In-Situ Hybridization market? What is the forecast valuation of the In-Situ Hybridization industry market by 2027?
What are the major growth and restraining factors of the In-Situ Hybridization market?
Who are the main players operating in the market? What are the main strategies adopted by these companies?
What are the major opportunities and growth prospects of the In situ Hybridization industry during the forecast period?
Which region is expected to show significant growth in the coming years?
Further, the report provides a comprehensive overview of the in-situ hybridization market along with the product portfolio and market performance. The report offers key market share information, supply chain analysis, demand and supply ratio, import / export details, and product and consumption patterns. To gain a better understanding, the report is then segmented into sections such as product types offered by the market, application spectrum, companies, and key geographies where the market has established its presence.
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