Spain Molecular Cytogenetics Market Size & Outlook
Spain molecular cytogenetics market, 2018-2028 (US$M)
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Spain molecular cytogenetics market highlights
- The Spain molecular cytogenetics market generated a revenue of USD 37.7 million in 2020 and is expected to reach USD 73.2 million by 2028.
- The Spain market is expected to grow at a CAGR of 8.6% 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 37.7 million |
| Market revenue in 2028 | USD 73.2 million |
| Growth rate | 8.6% (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, Spain accounted for 2.3% 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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Spain 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 39.52% in 2020. Horizon Databook has segmented the Spain molecular cytogenetics market based on genetic disorders, oncology, personalized medicine, other applications covering the revenue growth of each sub-segment from 2018 to 2028.
Spanish population has a diverse haplotypic structure and is mostly homogenous. Recently, genetic studies have increased in the region, which is helping researchers improve their understanding about the genetic etiology of diseases.
Therefore, Genome Research Consortium and Neocodex Biobank have planned to start genome-wide association studies (GWAS) in Spain. They have generated approximately 200 million genotypes and have provided detailed information of the genetic structure.
This has possible implications on the molecular diagnosis and estimation of disease frequency of the phenotypes. These initiatives will further fuel the region’s molecular cytogenetics market growth.
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Target buyers of Spain molecular cytogenetics market databook
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Our clientele includes a mix of molecular cytogenetics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain molecular cytogenetics market , including forecasts for subscribers. This country databook contains high-level insights into Spain molecular cytogenetics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Spain molecular cytogenetics market size, by application, 2018-2028 (US$M)
Spain Molecular Cytogenetics Market Outlook Share, 2020 & 2028 (US$M)
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