San Francisco, California, July 13, 2018: A recent market research report by TMR Research presents comprehensive analysis of the growth dynamics of the global fish probe market. The report, titled “Fish Probe Market – Global Industry Analysis, Size, Share, Category, Growth, Trends, and Forecast 2017–2025,” states that the market will expand at a swift pace over the report’s forecast period owing to the rising demand from rising awareness about health benefits of fish probe.
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Rising prevalence’s of cytogenetic disorders, such as cancer and other genetic disorders is driving growth of the global fish probe market. Demand for accurate prognosis techniques to identify diseases is fuelling demand for global market for fish probe. Moreover, surge in research and development activities by leading players to develop new and advanced disease specific products is expected to propel growth of the global market for fish probe over forecast period. Strategic partnerships and merges are the recent trends observed in the market. Key players are increasing focusing on improving product portfolio and expansion of business is creating lucrative opportunities in the market.
The global fish probe market is segmented on the basis of application, end-user, and region. On the basis of application, the market is segregated into genetic diagnostics and cancer diagnostics. Of them, cancer diagnostics is gaining momentum across globally owing to increasing research activities for find a perfect cure on the different types of cancer. Fish probe is mainly used in treatment of breast and lung cancer. Owing to these benefits, the segment is anticipated to remain dominant over forecast period.
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On the basis of end-user, the market is segmented into research, companion diagnostics, and clinical. Among these, research is expected to dominate the fish probe market.
Regionally, the market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. Of these, North America is dominating the fish probe market owing to increasing prevalence of genetic disorders and birth abnormalities. Whereas, Asia Pacific and Europe are witnessing rapid growth due to growing molecular diagnostics and cytogenetics sector.
Some of key players in the market are Oxford Gene Technologies, Life Science Technologies, PerkinElmer Inc., Biosearch Technologies Inc., and F. Hoffmann-La Roche AG.