In Situ Hybridization (ISH) Market Is Witnessing Significant Growth Due To Increasing Prevalence Of Target Disorders Till 2025
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 full
research report on In Situ Hybridization (ISH) Market:
www.grandviewresearch.com/industry-analysis/in-situ-hybridization-ish-market
Further key findings from the study 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.
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reports of this category by Grand View Research: www.grandviewresearch.com/industry/biotechnology
Grand View Research has segmented the global In Situ Hybridization (ISH)
market on the basis of technology, type, product, application, end use, and
region:
In Situ
Hybridization (ISH) Technology Outlook (Revenue, USD Million,
2014 - 2025)
- Fluorescent
In Situ Hybridization (FISH)
- Chromogenic
In Situ Hybridization (CISH)
In Situ
Hybridization (ISH) Type Outlook (Revenue, USD Million, 2014 -
2025)
- DNA
- RNA
In Situ Hybridization
(ISH) Product Outlook (Revenue, USD Million, 2014 - 2025)
- Instruments
- Kits
& Probes
- Software
- Services
In Situ
Hybridization (ISH) Application Outlook (Revenue, USD Million,
2014 - 2025)
- Cancer
- Cytogenetics
- Developmental
Biology
- Infectious
Diseases
- Others
In Situ
Hybridization (ISH) End-use Outlook (Revenue, USD Million, 2014
- 2025)
- Research
& Diagnostic Laboratories
- Contract
Research Organizations (CROs)
- Academic
Institutes
- Others
In Situ
Hybridization (ISH) Regional Outlook (Revenue, USD Million,
2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia
Pacific
- Japan
- China
- India
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
- South
Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-in-situ-hybridization-ish-market
About Grand
View Research:
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, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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