Cytogenetic Systems Market Trends and Global Outlook, 2016-2024
Sarasota, FL -- (SBWIRE) -- 11/30/2017 -- Global Cytogenetic Systems Market: Overview
Cytogenetics comes under the genetics branch and it deals with the study of the structure and the number of the chromosomes that are present in the animals and human beings. For carrying out the cytogenetic analyses the equipment of the cytogenetic system are used. It helps in the detection of the risk involved commonly in aneuploidies and syndromes that occur owing to the abnormalities in the chromosomal structure. Treatment and diagnosis of various lymphomas, leukemias, and solid tumors rely on the cytogenetic analysis.
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The market for the cytogenetic systems is globally fragmented into technologies, applications, and end users. On the basis of technology, the global market is segregated into fluorescence in situ hybridization, comparative genomic hybridization, flow cytometry, and multiplex-fluorescence in situ hybridization. On the basis of application, the market is categorized into neoplastic diseases, genetic disorders, and personalized medicine. On the basis of end users, the market is divided into clinics, research institutes, hospitals, and diagnostic laboratory centers.
The key factor that is contributing to the cytogenetic systems market growth is the increasing need for the early diagnosis of the diseases that are life threatening such as cancer and the analysis of the disorders that occur owing to the chromosomal anomalies in the embryos that are developing. The factors that are triggering the growth of the market are rising aging population, increasing exposure to the ultraviolet rays and the dangerous chemicals, the rise in a number of the people that are addicted to bad habits such as drinking and smoking and the sedentary lifestyle. There are certain factors that may restrain the growth of the market which includes lack of awareness among the people in the underdeveloped regions of the advanced technologies, the high complexities and the technical limitations and the increased cost of the advanced devices.
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The geographical diversification of the market for the cytogenetic systems is given by Latin America, the Middle East & Africa, Western Europe, Eastern Europe, North America, and Asia Pacific. The market that is dominating the cytogenetic systems market is North America which is followed by the European region. The major factors that are contributing to the market growth in these regions include the increasing awareness regarding the molecular cytogenetics, increase in a number of research institutions and diagnostic laboratories that are based on cytogenetics. The market will grow significantly in Asia Pacific region owing to the huge population base, increasing the birth rate, increasing cases of pre- and postnatal disorders, and rise in cases of cancer.
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Market by Competitive Players
The key market players that are involved in the cytogenetic systems market include Genial Genetics, MetaSystems, Cytocell Ltd., Applied Spectral Imaging, PerkinElmer Inc., Abbott Laboratories, ADS Biotec Inc., Laboratory Imaging s.r.o., Agilent Technologies, Leica Biosystems Nussloch GmbH., Irvine Scientific, and Bio-Rad Laboratories, Inc.
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