The In Situ Hybridization Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In the realm of molecular biology, the In Situ Hybridization market has witnessed robust growth, surging from $1.57 billion in 2024 to a projected $1.72 billion in the same year, boasting a noteworthy compound annual growth rate (CAGR) of 9.7%, as elucidated in The Business Research Company’s Global Market Report for 2024. This remarkable expansion is attributed to the early adoption in research, the evolution of molecular biology tools, and the development of diagnostic applications, signaling a transformative shift in biomedical research focus, accompanied by substantial investments in biotechnology.
Anticipating a continued ascent, the In Situ Hybridization market is poised to attain a substantial size of $2.51 billion by 2028, exhibiting a commendable CAGR of 9.9%. This impending growth is underpinned by the escalating adoption in clinical diagnostics, augmented research and development funding, the advent of automation and high-throughput solutions, and the broadening applications in neuroscience and pathology. Within this forecast period, prominent trends encompass groundbreaking advancements in molecular biology, burgeoning demand within research applications, the expansive reach of diagnostic applications, a burgeoning demand for personalized medicine, and heightened funding in biomedical research.
Increasing infectious diseases are expected to propel the growth of the in-situ hybridization market going forward. Infectious diseases refer to conditions that transmit from one individual to another via polluted foods and beverages and through pathogens such as viruses, bacteria, fungi, and parasites. By utilizing labeled nucleic acid sequences (probes) particular to the infectious organism, in situ hybridization (ISH) seeks to identify complementary nucleic acid sequences that are present in the tissue, so an increasing infectious disease boosts the growth of the in-situ hybridization market. For instance, in December 2022, according to the Annual Epidemiological Report for 2021 published by the European Centre for Disease Prevention and Control, a Sweden-based European government health agency, the distribution of hepatitis C cases and rates per 100,000 population in Germany reached 4,718 cases and 5.7 rates, respectively, from 4,536 cases and 5.5 rates. Therefore, increasing infectious diseases are driving the growth of the in-situ hybridization market.
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The in situ hybridization market covered in this report is segmented –
1) By Product: Analytical Instruments, Kits and Reagents, Software and Services, Other Products
2) By Technique: Fluorescence In Situ Hybridization (FISH), Chromogenic In Situ hybridization (CISH)
3) By Probe: Deoxyribonucleic Acid (DNA), Ribonucleic Acid (RNA)
4) By Application: Cancer, Cytogenetics, Developmental Biology, Infectious Diseases, Other Applications
5) By End Use: Research And Diagnostic Laboratories, Contract Research Organization (CROs), Academic Institutes, Other End Uses
Top 5 Major Players:
A pivotal trend gaining momentum within the In Situ Hybridization market revolves around technological developments. Eminent industry players are strategically concentrating on technological innovations to fortify their market standing. A case in point is the noteworthy initiative by Bio-Techne Corporation, a distinguished US-based biotech entity, which, in April 2021, introduced the RNAscope technology and unveiled the DNAscope Assays. The RNAscope technology, an enhanced in situ hybridization (ISH) technique, facilitates the direct visualization of single-molecule transcription with single-cell resolution in unaltered cells and tissues. Distinguished by the ‘double-Z’ probe design and signal enhancement system of RNAscope, DNAscope expeditiously crafts probes for any DNA target, enabling target visualization in formalin-fixed paraffin-embedded (FFPE) tissues. This signifies a paradigm shift in molecular visualization, underscoring the relentless pursuit of technological excellence in the dynamic landscape of In Situ Hybridization.
The in situ hybridization market report table of contents includes:
1. Executive Summary
2. In Situ Hybridization Market Characteristics
3. In Situ Hybridization Market Trends And Strategies
4. In Situ Hybridization Market – Macro Economic Scenario
5. Global In Situ Hybridization Market Size and Growth
…..
31. Global In Situ Hybridization Market Competitive Benchmarking
32. Global In Situ Hybridization Market Competitive Dashboard
33. Key Mergers And Acquisitions In The In Situ Hybridization Market
34. In Situ Hybridization Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global In Situ Hybridization Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global In Situ Hybridization Market, Segmentation By Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global In Situ Hybridization Market, Segmentation By Probe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 76: Thermo Fisher Scientific Inc. Financial Performance
Table 77: Bio SB Inc. Financial Performance
Table 78: BioGenex Laboratories Financial Performance
Table 79: Advanced Cell Diagnostics Inc. Financial Performance
Table 80: Exiqon A/S Financial Performance
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