FISH Imaging Systems Market Is Projected To Grow Quickly Due To Increasing Prevalence Of Diseases With Chromosomal Aberrations Till 2025: Grand View Research, Inc.
The
global FISH imaging systems market is expected to reach
USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc.
Increasing R&D investments pertaining to in vitro diagnostics are expected
to drive the Fluorescence In Situ Hybridization (FISH) imaging systems market.
Presence of government organizations, such as the European Diagnostic
Manufacturers Association that focuses on development and growth of the in
vitro diagnostics market in Europe, is also contributing to growth.
Furthermore,
FISH imaging systems are gaining popularity in diagnostics for determination of
suspected diseases caused by pathogens or bacteria. Increasing incidence of
genetic diseases, such as lymphoma, solid tumors, leukemia, autism, and other
developmental syndromes, is also expected to boost adoption. Growing
penetration of fluoroscopy, microscopes, illuminators, and CCD cameras in
testing for infectious diseases is expanding growth opportunities for these
systems. Increasing prevalence of diseases with chromosomal aberrations, such
as cancer and genetic abnormalities, as well as unmet diagnostic & clinical
needs in developing countries, is anticipated to drive the market.
Moreover,
increasing demand for rapid, sensitive, & accurate diagnostic techniques
for validation of diseases, coupled with rising awareness, increase in
healthcare expenditure, and extensive R&D for development of novel imaging
systems are also expected to drive growth over the forecast period.
Browse full research report on Hybrid
Power Solutions Market: http://www.grandviewresearch.com/industry-analysis/fluorescence-in-situ-hybridization-fish-imaging-systems-market
Further key findings from the study
suggest:
- Instruments
held the largest market, whereas FISH imaging services are expected to
grow at the fastest rate during the forecast period
- At
present, the market penetration of FISH imaging in cancer diagnostics is
very high, hence the diagnostic laboratories segment accounted for larger
revenues
- Cancer
diagnosis held the largest revenue share owing to increasing incidence of
cancer, thus fueling adoption of FISH imaging systems
- Among
end-use segments, companion diagnostics is expected to witness faster
growth than research and diagnostic segments
- Diagnostic
laboratories held the dominant position in 2016 as these systems are
predominantly used in various clinical studies for visualization of
precancerous lesions in cervical cancer, assessing risk of human
papillomavirus, and for detection of leukemia, myelodysplastic syndrome,
multiple myeloma, & chromosomal abnormalities
- North
America held the largest revenue share owing to extensive adoption of
these solutions in research and development across this region
- Asia
Pacific is anticipated to exhibit lucrative CAGR over the forecast period
due to increase in investments by manufacturers & governments,
supportive government initiatives in the biotechnology sector, and
presence of a large number of untapped opportunities
- The
industry is highly competitive with a limited number of players holding a
majority of the overall revenues. Some of the most notable market
participants are Thermo Fisher Scientific, Inc. and General Electric
Company. They account for a considerable share of the industry
Access
Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-fluorescence-in-situ-hybridization-fish-imaging-systems-market
About
Grand View Research, Inc:
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.
Comments
Post a Comment