Global FISH Probe Market Report and Forecast 2024-2032

Global FISH Probe Market Outlook

The global FISH probe market attained a value of USD 834.20 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.4% to reach USD 1582.53 million by 2032.

The FISH probe market is being driven by the growing need for in-vitro diagnostics (IVD) for the diagnosis of chronic diseases and due to the increasing cases of genetic disorders. North America leads the industry due to the availability of technology that provides early diagnosis of genetic disorders in the region.

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Market Segmentation

The FISH (Fluorescent In Situ Hybridisation) probe finds application in the detection of genetic diseases and in the cancer research industry to diagnose lung, breast, bladder, hematological, gastric, prostrate, and cervical cancer, among others. The various types of FISH probe available in the market are:

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• DNA
• RNA
  • mRNA
  • miRNA
• Other

The market can be broadly categorised based on:

• Techniques 
  • Q FISH
  • FLOW FISH
  • Others
  • End Use  
• Research
  • Clinical
  • Companion Diagnostics

The EMR report looks into the regional FISH probe markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Market Analysis

The global FISH probe market is being driven by the enhanced automation of diagnostic test and increasing investments in pharmacogenomics and pharmaceutical research. In terms of revenue, mRNA segment held the largest share in the FISH probe market in 2018, due to its growing demand from healthcare specialists for molecular profiling. Based on its end-use, the clinical sector holds the largest share in the industry owing to its application in the detection of genetic disorders, cancer, and infectious diseases. The Asia Pacific is anticipated to witness the fastest growth in the forecast period owing to various initiatives undertaken by the governments in the region along with increased investments by manufacturers in the biotechnology sector.

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global FISH probe market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Oxford Gene Technology
• Mirus Bio LLC
• Agilent Technologies (NYSE: A)
• Perkin Elmer Inc
• Genemed Biotechnologies, Inc.
• MetaGene Pty Ltd.
• BioDot
• Others

The EMR report gives an in-depth insight into the FISH probe market by providing a SWOT analysis as well as an analysis of Porter’s five forces.

Key Highlights of the Report