The global fluorescent in situ hybridization (FISH) testing market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors which primarily include the rising prevalence of blood disorders along with the rising awareness about such disorders, and the presence of sophisticated & advanced technologies are anticipated to propel the global market growth. The COVID-19 pandemic also served as a driving factor for the market growth. In June 2021, the University of Oxford collaborated with the University of Warwick to research a method to detect the COVID-19 virus in 20 minutes using in situ hybridization. This technology is previously used to detect pathogens inside cells, such as the Epstein-Barr and HIV. Such developments are expected to propel market growth in the near future.
FISH is generally used to detect the genetic diseases including acute lymphoblastic leukemia, Prader-Willi syndrome, Angelman syndrome, Down’s syndrome, chronic myelogenous leukemia, Velocardiofacial syndrome, 22q13 deletion syndrome, and cri-du-chat. The rising incidences of these diseases are anticipated to create the demand for an effective diagnostic solution such as FISH. As per the Centers for Disease Control and Prevention (CDC) in 2018, Down’s syndrome was the most common genetic disorders with almost one in every 700 new newborns affected by the disorder. The particularity of probe makes it not necessary to have live cells and can quantify automatically as compared to the conventional cytogenetics. Furthermore, it is more effective and convenient. This is the prime factor anticipated to propel the market growth.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Product Type
o By Application
• Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape: Thermo Fisher Scientific Inc., Agilent Technologies, Inc., and PerkinElmer, Inc., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global FISH Testing Market Report by Segment
By Product Type
• Analytical Instruments
• Kits and Reagents
• Software and Services
By Application
• Cancer
• Genetic Diseases
• Others
Global FISH Testing Market Report by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa