Life Sciences and Laboratory Equipment Market Worth 55,932.4 Million USD by 2023

Meticulous Research® – leading global market research company published a research report titled “Life Sciences and Laboratory Equipment Market by Technology (Spectroscopy, Chromatography, Lab Automation, Surface Science, DNA Amplification & Sequencing, Immunoassay Analyzer, Flow Cytometry, Microarray, Electrophoresis) and End User- Global Forecast to 2023”

Next Generation Sequencing (NGS) Informatics Market Worth 1,305.1 Million USD by 2022

The global NGS Informatics Market (next generation sequencing informatics market) will grow at a CAGR of 22.1% during the forecast period to reach USD 1,305.1 million by 2022, according to the latest publication from Meticulous Research®.

Molecular Cytogenetics Market Worth USD 2,266.4 Million By 2022

The global molecular cytogenetics market will grow at a CAGR of 11% from 2017 to 2022 to reach USD 2,266.4 million by 2022, according to this latest publication from Meticulous Research®. The molecular cytogenetics market is driven by increasing focus on preventive healthcare measures, growing genetic abnormalities, increasing aging population and subsequent rise in various chronic diseases, growing need to reduce mounting healthcare cost, and increasing focus on clinical and research diagnosis. Moreover, increasing focus on targeted based therapies and growing predictive and presymptomatic genetic testing further provides significant opportunities in this market. However, lack of awareness about diagnostic technologies, the high cost of diagnosis, and unfavorable reimbursement scenario within the molecular cytogenetics, and technical limitations and complexities of the equipment have embraced the growth of molecular cytogenetic market globally. While transition from fluorescence in situ hybridization to array based techniques is one of the notable trends observed in the global molecular cytogenetics market.