Italy Molecular Cytogenetics Market Size & Outlook
Italy molecular cytogenetics market, 2018-2028 (US$M)
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Italy molecular cytogenetics market highlights
- The Italy molecular cytogenetics market generated a revenue of USD 43.1 million in 2020 and is expected to reach USD 96.7 million by 2028.
- The Italy market is expected to grow at a CAGR of 10.6% 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 43.1 million |
| Market revenue in 2028 | USD 96.7 million |
| Growth rate | 10.6% (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, Italy accounted for 2.6% 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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Italy 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 39.68% in 2020. Horizon Databook has segmented the Italy molecular cytogenetics market based on genetic disorders, oncology, personalized medicine, other applications covering the revenue growth of each sub-segment from 2018 to 2028.
Italy has a public healthcare system and accounts for 9.5% of the overall GDP. Various government initiatives have introduced advance molecular cytogenetic testing. The Italian Society of Human Genetics has a gene testing monitoring system conducting regular clinical and laboratory activities.
The Italian Ministry of Health has announced a strategic plan on predictive and genomics medicine within National Prevention Plan. This integrates genomics into healthcare and provides an innovative approach to the R&D of biotechnology companies.
These advancements will further increase the interest of high-income countries to invest in the market and boost the country’s economy. Italy is the only country in the European region where monitoring systems were used for genetic tests.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy molecular cytogenetics market , including forecasts for subscribers. This country databook contains high-level insights into Italy molecular cytogenetics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Italy molecular cytogenetics market size, by application, 2018-2028 (US$M)
Italy Molecular Cytogenetics Market Outlook Share, 2020 & 2028 (US$M)
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