About Cytogenetics
The cytogenetics is the branch of genetics, which studies the structure and behavior of chromosomes and their relation to human disease as well as disease processes. Throughout the last three decades, the significance of clinical cytogenetics to the practice of gynecology and obstetrics has radically increased as clinical cytogenetics has a direct effect on the diagnosis, management, and prevention of many disorders, which are caused by chromosome aberrations. For several chromosomes disorders, physicians face medicolegal responsivities in the areas of screening, counseling, and diagnosis. Therefore, gynecologists and obstetricians must have knowledge about the human chromosome constitution and be able to apply basic principles of chromosome behavior to clinical practice.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.5% |
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cytogenetics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Agilent Technologies, Inc. (United States), Applied Spectral Imaging, Inc. (United States), Empire Genomics, LLC. (United States), Illumina, Inc. (United States), FUJIFILM Irvine Scientific, Inc. (United States), OPKO Health, Inc. (United States), PerkinElmer Inc. (United States) and Sysmex Corporation (Oxford Gene Technology) (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Thermo Fisher Scientific, Inc. (United States), Bio-Rad Laboratories, Inc. (United States), F. Hoffmann-La Roche Ltd. (Switzerland) and MetaSystems (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cytogenetics market by Type (Consumables, Testing Kits, Media, and Reagents, Probes, Others (Affinity Reagents and Stains), Instruments and Software & Services), Application (Genetic Disorders, Cancer, Personalized Medicine and Others) and Region.
On the basis of geography, the market of Cytogenetics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Clinical & Research Laboratories will boost the Cytogenetics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Techniques, the sub-segment i.e. Comparative Genomic Hybridization will boost the Cytogenetics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The transition from Fish to Array-Based Techniques
Market Growth Drivers:
Increasing Incidence of Genetic Disorders and Cancer, Growing Focus on Targeted Cancer Treatment, Increasing Aging Population and Subsequent Rise in Prevalence of Chronic Diseases and Increasing Penetration of Molecular Cytogenetics in Clinical Pathological Testing
Challenges:
Lack of Availability of Skilled Professionals
Restraints:
High Cost of Advanced Instruments and Unfavorable Reimbursement Scenario
Opportunities:
Untapped Emerging Markets in Asia Pacific
Market Leaders and their expansionary development strategies
On December 12, 2023, Karyomedix, a leading provider of cytogenetic testing services, announced a strategic partnership with Genetech, a global leader in molecular diagnostics. The partnership aims to combine Karyomedix's expertise in cytogenetics with Genetech's advanced molecular testing capabilities to offer comprehensive genetic testing solutions for patients with a variety of medical conditions.
On November 15, 2023, Counsyl launched an expanded carrier screening panel that now includes testing for over 300 genetic conditions. This expansion allows Counsyl to provide more comprehensive carrier screening to couples planning pregnancy, helping them identify potential risks for their future children.
Key Target Audience
Cytogenetics Companies, Research & Consulting Firms, Cytogenetics Instruments Manufacturers, Cytogenetics Software & Services Providers, Regulatory Bodies & Government Bodies and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.