The
global In Situ Hybridization (ISH) Market size is
expected to reach USD 1.84 billion by 2025, according to a new report by Grand
View Research, Inc., registering a 7.3% CAGR during the forecast period.
Increasing demand for molecular diagnostic tools in clinical research and
diagnosis is anticipated to fuel demand for ISH in the coming years. Real-time
and automated diagnostic kits for accurate and rapid diagnosis of cytogenetic
modifications is boosting the growth prospects of the market.
Market
penetration of Fluorescent In Situ Hybridization (FISH) probe in cancer
diagnostics is the highest in the current scenario, which is contributing to
its largest revenue share. Increasing R&D pertaining to the application of
ISH in genetic diseases and testing of infectious diseases is expected to drive
the market in the near future. For instance, in 2016, Oxford Gene Technology
expanded its portfolio of Cytocell Aquarius FISH probes for pathology.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/in-situ-hybridization-ish-market
https://www.grandviewresearch.com/industry-analysis/in-situ-hybridization-ish-market
Further key findings from the report suggest:
- FISH held
the dominant share in terms of revenue as of 2016 owing to increase in its
application in molecular diagnostics
- The DNA
probes segment accounted for the largest revenue share owing to extensive
usage in clinical research and diagnosis
- RNA probes
are expected to witness lucrative CAGR in the coming years due to
advantages associated with their use such as increased stability and low
cost
- ISH services
are anticipated to witness exponential growth over the forecast period
owing to increase in demand for outsourcing of molecular biology services
by researchers and pathologists
- At present,
the adoption of ISH in cancer diagnostics held the dominant revenue share
due to widespread application of ISH probe technology in cancer research
and diagnosis
- Contract
research organizations are expected to exhibit fastest growth during the
forecast period owing to rising demand for molecular and cytogenetic
services in clinical studies
- Research and
diagnostic laboratories accounted for the largest revenue share as these
systems are most commonly used in diagnosis and research studies for the
detection of chromosomal abnormalities in various disease conditions
- North
America held a majority share of the revenue due to presence of
well-established diagnostic companies, coupled with high adoption of
molecular diagnostic tools by researchers in this region
- Asia Pacific
is expected to exhibit lucrative growth owing to increase in investments
by governments to support the growth of the biotechnology sector
- The market
is facing extensive competition as there are a large number of players
offering ISH probe technology for various applications.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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