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The Global Molecular Cytogenetics Market Growth Accelerated By Technological Advancements

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Leena Shedmake
The Global Molecular Cytogenetics Market Growth Accelerated By Technological Advancements

Molecular cytogenetics involves the use of nucleic acid-based techniques such as fluorescence in situ hybridization (FISH), comparative genomic hybridization (CGH), and polymerase chain reaction (PCR) for the detection of genetic abnormalities at the chromosome and gene level. These techniques provide improved resolution over conventional cytogenetics methods, enabling the detection of smaller aberrations. Technological advancements in molecular cytogenetics such as the introduction of microarray-based CGH and next-generation sequencing technologies have enabled ultra-high resolution analysis, allowing robust detection of copy number variations.

The global Molecular Cytogenetics Market is estimated to be valued at US$ 4211.4 Mn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:


Technological advancements have played a key role in driving the growth of the molecular cytogenetics market. Microarray analysis allows rapid, high-resolution analysis of chromosomes and genes, enabling detection of copy number variations with precision. Next-generation sequencing integrated with microarray technologies provides ultra-high resolution analysis at the genome-wide level. This has increased the applicability of molecular cytogenetics in diagnosing genetic disorders and identifying genomic changes associated with cancer. The introduction of combined molecular cytogenetics platforms that allow seamless integration of FISH, CGH, and sequencing technologies has further enhanced resolution and analytical power. This has increased the adoption of molecular cytogenetics in clinical genetic testing and cancer research.


Segment Analysis


The global molecular cytogenetics market is segmented into techniques, products, and applications. The techniques segment is further segmented into QF-PCR, FISH, and other technologies like SKY, CGH, SNP. Among these, FISH dominates the market with over 30% share owing to high accuracy in genome profiling. It allows for visualization of copy number changes and chromosome aberrations.


Key Takeaways


The Global Molecular Cytogenetics Market Demand  is expected to witness high growth. The global Molecular Cytogenetics Market is estimated to be valued at US$ 4211.4 Mn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030.

Regional analysis Regional analysis shows that North America dominates with over 40% share due to high healthcare expenditure and widespread adoption of advanced molecular cytogenetics technologies. Europe is the second largest region.


Key players operating in the molecular cytogenetics market are UIC, Inc., Shimadzu Corporation, ELTRA GmbH, Xylem Inc., Skalar Analytical B.V.,Hach Company, Inc., GE Analytical Instruments, Inc., Teledyne Analytical Instruments, Mettler-Toledo International Inc., and Analytik Jena AG. These companies are focusing on new product launches and geographical expansion to increase their market share.

 


Explore more information on this topic, Please visit-

https://www.marketwebjournal.com/molecular-cytogenetics-market-growth-and-trnds-analysis-share-size-demand-forecast/ 

Explore more trending article related this topic:

https://allmeaninginhindi.com/fiber-reinforced-concrete-the-construction-material-of-future/ 

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