Germany Molecular Cytogenetics Market Size & Outlook
Germany molecular cytogenetics market, 2018-2028 (US$M)
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Germany molecular cytogenetics market highlights
- The Germany molecular cytogenetics market generated a revenue of USD 88.0 million in 2020 and is expected to reach USD 207.0 million by 2028.
- The Germany market is expected to grow at a CAGR of 11.3% from 2021 to 2028.
- In terms of segment, oncology was the largest revenue generating application in 2020.
- Personalized Medicine is the most lucrative application segment registering the fastest growth during the forecast period.
Molecular cytogenetics market data book summary
| Market revenue in 2020 | USD 88.0 million |
| Market revenue in 2028 | USD 207.0 million |
| Growth rate | 11.3% (CAGR from 2020 to 2028) |
| Largest segment | Oncology |
| Fastest growing segment | Personalized Medicine |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Disorders, Oncology, Personalized Medicine, Other Applications |
| Key market players worldwide | Danaher Corp, Abbott Laboratories, Bio-Rad Laboratories Inc, Illumina Inc, Sysmex Corp, Roche Holding AG, BioView, MetaSystems, Agilent Technologies Inc, Revvity Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 5.3% of the global molecular cytogenetics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany molecular cytogenetics market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 158.0 million by 2028.
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Molecular Cytogenetics Market Scope
Molecular Cytogenetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany molecular cytogenetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to molecular cytogenetics market will help companies and investors design strategic landscapes.
Oncology was the largest segment with a revenue share of 39.77% in 2020. Horizon Databook has segmented the Germany molecular cytogenetics market based on genetic disorders, oncology, personalized medicine, other applications covering the revenue growth of each sub-segment from 2018 to 2028.
In Germany, many universities offer medical genomics and genetic courses to train and educate students and technicians to adapt to the rapidly evolving field of medical genetics. Regulations for testing, development, and commercial usage of these platforms are laid by the German Medical Association based on the technical aspects, usage, testing patterns and other factors that ensure safety and quality.
Laboratory accreditation is a mandatory procedure to carry out genetic testing and diagnosis on a commercial scale. All the accredited laboratories are advised to maintain diagnostic records, which can be accessible for further reference.
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Our clientele includes a mix of molecular cytogenetics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany molecular cytogenetics market , including forecasts for subscribers. This country databook contains high-level insights into Germany molecular cytogenetics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Germany molecular cytogenetics market size, by application, 2018-2028 (US$M)
Germany Molecular Cytogenetics Market Outlook Share, 2020 & 2028 (US$M)
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