The global Fluorescent In Situ Hybridization (FISH) Probe Market is expected to display a higher growth rate over the next seven years. The rapid surge in the fluorescent in situ hybridization probes mabv0erous opportunities for market players to invest in research and development in the FISH probe market. The conventional methodologies such as clinical trials were influenced by factors such as the growing competition, rising prices of medicines, and strict governmental laws to limit adverse effects on the environment. With the advent of the In Situ hybridization devices, such factors are significantly diminished due to numerous advantages associated with fluorescent In Situ hybridization devices.
Benefits associated with the adoption of fluorescent In Situ hybridization devices are superior performance, successful trials, reliability and short timeframes for the execution of the clinical trials, and cost-effectiveness. The rising prevalence of cancer-related diseases is expected to boost market demand for the fluorescent in situ hybridization probe industry over the upcoming years. In addition, increasing adoption of DNA probe-based diagnostics for the identification of diseases that are caused by pathogens or bacteria is estimated to drive market growth.
The rise in the number of incidents related to genetic disorders, solid tumors, leukemia, autism, and other syndromes is predicted to stimulate market demand for FISH Probe over the forecast period. Fluorescent in situ hybridization probes offers an advanced analytical method to monitor gene aberration, including gene amplification and deletion. A fluorescent in situ hybridization probe (FISH Probe) is also responsible for gene copy number change, chromosome translocation, gene expression at the RNA level, and bacterial detection.
The fluorescent in situ hybridization probe market is broadly categorized into three major segments based on the application type such as research and development labs, hospitals & clinics, and companion diagnostics. The hospitals & clinics segment is growing rapidly with substantial revenue generation in the last few years. The growing popularity of fluorescent in situ hybridization probes in the hospitals & clinics segment is attributed to the broad range of applications involving the detection of genetic disorders, cancer, and infectious diseases.
The FISH probe industry is divided by region as North America, Europe, Asia-Pacific, Latin America, and Africa. North America has shown major growth in recent years owing to the rise in the implementation of the latest technologies in gene therapy, surge in the number of research & development activities in the region, and existence of well-established healthcare infrastructure.
Asia-Pacific region is estimated to hold a major share in the FISH probes market with massive growth in the forecast period. Countries such as India, China, and Singapore are leading the Asia-Pacific market with rising healthcare expenditure, increasing disposable income, favorable government initiatives to promote the use of advanced technologies in the healthcare sector, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the fluorescent in situ hybridization probes industry are Oxford Gene Technology IP Ltd., Life Science Technologies Ltd., PerkinElmer Inc., Abnova Co., Biosearch Technologies Inc., Genemed Biotechnologies, Inc., F. Hoffmann-La Roche AG, Abbott Laboratories, Inc., and Agilent Technologies Ltd.
Market Segment:
FISH Probe End-use Outlook (Revenue, USD Million, 2012 - 2022)
• Research
• Clinical
• Companion diagnostics
FISH Probe RNA Outlook (Revenue, USD Million, 2012 - 2022)
• mRNA
• miRNA
• Other
FISH Probe Application Outlook (Revenue, USD Million, 2012 - 2022)
• Cancer research
• Lung
• Breast
• Other
• Genetic diseases
• Genetic Diseases
• Other
FISH Probe Technology Outlook (Revenue, USD Million, 2012 - 2022)
• FISH
• Q FISH
• Flow-FISH
• Other
• CISH
• DISH
FISH Probe Market Regional Outlook (Revenue, USD Billion, 2012 - 2022)
• North America
• the U.S.
• Canada
• Europe
• Germany
• the UK
• the Asia Pacific
• Japan
• China
• India
• Latin America
• Mexico
• Brazil
• MEA
• South Africa
Research Support Specialist, USA