FISH (fluorescence in situ hybridization) is a technique in which fluorescent probes bind to their complementary nucleotide sequence. These are utilized in cells or tissue samples to diagnose specific DNA or RNA target sequences. Furthermore, advanced multiplex fluorescence in situ hybridization (FISH) probes have been developed, allowing users to test numerous targets in a single sample. The key driving factors for FISH probe market are, rising prevalence of chronic disorders along with increasing demand for in-vitro diagnostics.
MARKET SCOPE
The "Global FISH Probe Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the FISH probe market with detailed market segmentation by probe type, technology, application and end user. The report provides key statistics on the market status of the leading FISH probe market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on probe type the market is segmenetd as, locus specific probes, alphoid or centromeric repeat probes, and whole chromosome probes.
- Based on technology the market is segmented as, Q FISH, FLOW FISH, and others.
- Based on application the market is segmented as, cancer research, genetic diseases, and others.
- Based on end user the market is segmented as, hospitals, diagnostic laboratories, clinical research organizations, biotechnology companies, and academic and research institutes.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of chronic diseases and technological advancements in in-situ hybridization process.
- Rising demand for in-vitro diagnostics are also expected to spur the market growth during the forecast period.
- Increasing prevalence of genetic disorders along with rising investments on phamagenomics and pharmaceutical research are also expected to fuel the market growth.
Restraints:
- However, dearth of skilled professionals is expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The FISH probe market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the FISH probe market in these regions.
IMPACT OF COVID-19 ON FISH PROBE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the FISH probe market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from FISH probe market are anticipated to lucrative growth opportunities in the future with the rising demand for FISH probe in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the FISH probe market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Creative Biolabs
- Abnova Corporation
- Thermo Fisher Scientific Inc.
- Agilent Technologies, Inc
- Genemed Biotechnologies, Inc.
- F. Hoffmann-La Roche Ltd
- LGC Biosearch Technologies
- Abbott
- PerkinElmer Inc
- Oxford Gene Technology IP Limited