Lucintel Forecasts Molecular Cytogenetic Market To Grow At A Cagr Of 9%-11%

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According to the recent study the molecular cytogenetic market is projected to grow at a CAGR of 9%-11% from 2020 to 2026. Growth in this market is primarily driven by increasing incidence of genetic disorders & cancer and growing focus on targeted cancer treatment.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in molecular cytogenetic market by product (kits & reagents (testing kits, probes, fluorescent affinity reagents, and other kits & reagents), instruments, consumables, and software & services), technique (comparative genomic hybridization (array-based comparative genomic hybridization and standard comparative genomic hybridization), fluorescence in situ hybridization, in situ hybridization, and other techniques), application (genetic disorders, cancer, personalized medicine, and other applications), end user (clinical & research laboratories, academic research institutes, pharmaceutical and biotechnology companies, and other end users), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Kits and reagents market is expected to remain the largest segment during the forecast period.”
Based on product, the molecular cytogenetic market is segmented into kits and reagents (testing kits, probes, fluorescent affinity reagents, and other kits and reagents), instruments, consumables, and software & services. Lucintel forecasts that the kits and reagents market is expected to remain the largest segment during the forecast period due to the increasing incidence of genetic disorders and cancer.
“Within the molecular cytogenetic market, the clinical and research laboratories segment is expected to remain the largest end user”
Based on end user, the clinical and research laboratories segment is expected to witness the largest segment over the forecast period due to the growing implementation of cytogenetic techniques in clinical diagnosis.
“North America will dominate the molecular cytogenetic market in near future”
North America is expected to be the highest growth over the forecast period highest growth over the forecast period due to the local presence of major entities, such as Agilent Technologies and Abbott Laboratories. Moreover, the presence of an effective regulatory framework for the regulation of genetic tests in the region acts as a growth booster for the North American molecular cytogenetic market.
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Major players of molecular cytogenetic market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Roche, Danaher, Thermo Fisher Scientific, Abbott Laboratories, Agilent Technologies, Bio-Rad Laboratories, PerkinElmer, and Illumina are among the major molecular cytogenetic providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/molecular-cytogenetic-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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