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The molecular cytogenetics market is expected to grow at a CAGR of 10.1 percent from 2016 to 2021, reaching USD 2.52 billion from USD 1.55 billion in 2016. The rising use of molecular cytogenetic products in clinical and research laboratories, academic research institutes, and pharmaceutical and biotechnology companies has resulted from the high incidence and large economic burden of genetic disorders and cancer, as well as an increase in healthcare spending. The study's base year was 2015, and the projection was made for the years 2016 through 2021.
To estimate and validate the size of the global molecular cytogenetics market, as well as the size of many other dependent submarkets, top-down and bottom-up methodologies were utilised. Through percentage splits from secondary and primary research, the overall market size was used in the top-down approach to estimate the sizes of various individual markets (specified in the market segmentation—by products and region). To validate the market segment revenues obtained, the bottom-up approach was also used (where available) for data extracted from secondary research.
Publications from government sources, such as white papers; articles from recognised authors; gold and silver standard websites, directories, and databases; corporate filings, such as annual reports, SEC filings, investor presentations, and financial statements; research journals; press releases; and trade, business, and economic journals are among the secondary sources used in this research study. To acquire and verify crucial information, primary sources such as specialists from linked industries and suppliers were questioned.
This research examines the global molecular cytogenetics market. It contains useful information on the molecular cytogenetics market's goods, applications, and geographies. This study also includes a regional analysis of these sectors. Leading market participants are profiled in order to learn more about their device offerings and the methods they use to stay competitive.
The information provided above will aid the buyer in comprehending market dynamics. Furthermore, the forecasts in the research will help businesses better understand industry trends and position themselves to take advantage of development prospects.
Targeted therapies are distinct from traditional chemotherapy in a number of respects. Most typical chemotherapies target all rapidly dividing normal and malignant cells, whereas these medicines target specific molecular targets associated with cancer. Significantly high amounts of chromosomal aberrations have been discovered in solid tumours, however distinguishing between crucial and irrelevant events has proven difficult. The use of molecular-based cytogenetic techniques like fluorescence in situ hybridization to increase efficiency and sensitivity in cancer prevention, diagnosis, and prognosis is rapidly rising.
The molecular cytogenetics market is expected to grow at a CAGR of 10.1 percent from 2016 to 2021, reaching USD 2.52 billion from USD 1.55 billion in 2016. The rising use of molecular cytogenetic products in clinical and research laboratories, academic research institutes, and pharmaceutical and biotechnology companies has resulted from the high incidence and large economic burden of genetic disorders and cancer, as well as an increase in healthcare spending.
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