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Title Molecular Cytogenetics Market worth $4.9 billion by 2028
URL https://finance.yahoo.com/news/molecular-cytogenetics-market-worth-4-153000027.html
Category Fitness Health --> Health Articles
Meta Keywords Molecular Cytogenetics Market, Molecular Cytogenetics Market Size, Molecular Cytogenetics Market Trends, Molecular Cytogenetics Industry
Meta Description The molecular cytogenetics market is segmented into kits & reagents, instruments, consumables and software & services based on products. The kits & reagents segment accounted for the largest share of the molecular cytogenetics market
Owner Healthcare101
Description
Molecular Cytogenetics Market in terms of revenue was estimated to be worth $3.1 billion in 2023 and is poised to reach $4.9 billion by 2028, growing at a CAGR of 9.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. The high prevalence of cancer and genetic disorders significantly impacts the increased demand for molecular cytogenetics market. Cancer patients require genetic testing in order to chromogenic changes associated with the tumor. This will lead to an increased need for molecular cytogenetics tests. Thus, the escalating demand for cancer diagnosis has led to a pressing need for technologically advanced devices, which is thereby expected to support the growth of the molecular cytogenetics market.