Molecular Cytogenetics Market report provides a detailed overview of the major developments, drivers, restraints, challenges, opportunities, and strategies impacting the market along with the estimates and forecasts of the revenue and market share analysis.
The molecular cytogenetics market is projected to reach USD 2.52 Billion, at a CAGR of 10.1%
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The high incidence and large economic burden of genetic disorders and cancer and rise in healthcare expenditure have resulted in the increasing use of molecular cytogenetic products in clinical and research laboratories, academic research institutes, and pharmaceutical and biotechnology companies.
Molecular Cytogenetics Market Major Developments:
- In January 2014, Roche acquired Genia Technologies, Inc. (U.S.). This acquisition strengthened Roche’s next-generation sequencing pipeline.
- In February 2015, Roche acquired Signature Diagnostics AG (Germany).
- In January 2016, Thermo Fisher Scientific, Inc. acquired Affymetrix (U.S.). This acquisition strengthened Thermo Fisher Scientific’s leadership into bioscience business and create new market opportunities in genetic analysis.
- In July 2016, Thermo Fisher Scientific and HEALTH BioMed (China) collaborated to support HBM’s development of molecular diagnostic kits for infectious diseases and pharmacogenomics screening which will serve the Chinese market.
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Molecular Cytogenetics Market By Application;
- Genetic Disorders
- Cancer
- Personalized Medicine
- Other Applications
Key players in the Molecular Cytogenetics Market:
include F. Hoffmann-La Roche Ltd. (Switzerland) Danaher Corporation (US), Thermo Fisher Scientific, Inc. (US), Abbott Laboratories (US), Agilent Technologies (US), PerkinElmer, Inc. (US), Illumina, Inc. (US), Bio-Rad Laboratories (US), Oxford Gene Technology (UK), and Applied Spectral Imaging (US).
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