The FISH Probe Market is expected to register a CAGR of 6.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The FISH Probe Market report is categorized by probe type into the following subsegments: Locus Specific Probes, Alphoid or Centromeric Repeat Probes, and Whole Chromosome Probes. It further presents an analysis based on technology, i.e., Q FISH, FLOW FISH, and Others. The applications include Cancer Research, Genetic Diseases, and Others. The end-users are Hospitals, Diagnostic Laboratories, Clinical Research Organizations, Biotechnology Companies, and Academic and Research Institutes. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report FISH Probe Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
FISH Probe Market Segmentation
Probe Type- Locus Specific Probes
- Alphoid or Centromeric Repeat Probes
- Whole Chromosome Probes
- Q FISH
- FLOW FISH
- Others
- Cancer Research
- Genetic Diseases
- Others
- Hospitals
- Diagnostic Laboratories
- Clinical Research Organizations
- Biotechnology Companies
- Academic and Research Institutes
Strategic Insights
FISH Probe Market Growth Drivers- Growing Cases of Chronic Diseases and Genetic Disorders: The increasing cases of chronic diseases and genetic disorders-mutation, congenital conditions, and cancer form the basis for the growing FISH probe market. Chronic diseases as well as genetic disorders require accurate diagnosis in order to be treated properly and require, hence, precise diagnostic techniques, and there is high potential for FISH probes to identify some specific DNA or RNA sequences of diseases.There will be an increased demand for genetic testing and diagnostic services, including cancer screening, and Hence, contribute to the increased need for FISH probes.
- Rising Global Demand for In-Vitro Diagnostics: IVD is one of the other major drivers for the market. This is because of the increased global demand for the early diagnosis of genetic diseases and cancer. FISH probes have very high demand in IVD applications where there is the detection of chromosomal aberrations as well as mutations in genes. Precision medicine and the initiative towards earlier treatment lead to its wider applications within diagnosis laboratories as well as a higher application at clinics. An ever-increasing case of chronic disease or genetic conditions- Increasing cases of Cancer and mutations leading to genes with specific problems. These diseases need pinpoint diagnostic techniques, and the FISH probes are very good for the identification of specific DNA or RNA sequences related to such diseases. Genetic testing and diagnostic services - cancer screening will be on top - would gain more and more demand from people, so FISH probes would be in even higher demand.
- Technological Advancements in FISH: The continuous development of more advanced FISH probes and techniques, such as multiplex FISH, has enhanced the sensitivity, specificity, and overall performance of the technology. These improvements make FISH more effective in research and clinical applications, driving the market forward.
- Adoption of multiplex FISH technology: Adoption of multiplex FISH technology which allows the detection of various targets in a sample at a time. Multiplex FISH boosts the efficiency of genetic testing and does more integrated analysis, which is also very important to cancer diagnosis, genetics screening, and other research activities. Multiplexing is shifting towards that is making FISH probes more versatile and valuable in both clinical as well as research applications.
- Growing point-of-care Diagnostics: There is an increased interest in point-of-care (POC) diagnostics that will have a bearing on the FISH probe market as well. POC devices for genetic testing will provide more rapid and available diagnostic results outside of the typical labs. The development of FISH probe technologies that can be used throughout the site is also expected to increase in this direction with centralized testing and diagnostics as healthcare systems shift towards decentralized testing and diagnostics.
- Integration with Other Technologies: FISH probes increasingly are being integrated with molecular biology techniques such as next-generation sequencing (NGS), PCR, and microarrays. Through this integration, more complex genetic information is provided than with FISH alone; this enhances the utility in both research and clinical arenas.
- Growing Applications in Cancer Research: Cancer research will remain an important growth opportunity for the FISH probes market. In fact, FISH probes are becoming more and more highly applied for detecting chromosomal aberrations and mutations of genes in cancer cells, like gene amplification, chromosomal translocations, and DNA copy number alterations. As the pace of research on cancer speeds up, especially as the frontiers of personalized medicine expand, there will be a growing demand for even more sophisticated FISH probes for specific diagnosis, the development of targeted therapy, and the discovery of new biomarkers.
- Surging Cost of Pharmaceutical and Genomics Research: Considering the assumption that pharmacogenomics and genomic research hold such great importance, there is an enormous increasing expense in the case of biotechnology and pharmaceutical research, and there is a gigantic scope in the case of FISH probes.
- Advancement in Reproductive Medicine: In reproductive medicine, FISH probes are applied in PGT to test the presence of chromosomal abnormalities among embryos before implantation. The increasing demand for assisted reproductive technologies (ART) means FISH probe manufacturers will find a large market in which to compete.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the FISH Probe Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the FISH Probe Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The major players of this market are Creative Biolabs, Abnova Corporation, Thermo Fisher Scientific Inc., Agilent Technologies, Inc, Genemed Biotechnologies, Inc., F. Hoffmann-La Roche Ltd, LGC Biosearch Technologies, Abbott, PerkinElmer Inc, Oxford Gene Technology IP Limited,
The market is expected to register a CAGR of 6.5% during 2021-2031.
Increasing cases of genetic disorder and mounting usage of FISH technology in cancer diagnostics coupled with improving fluorescence microscopy and genetic analysis are some of the primary growth drivers.
Some of the key trends in the market include developments in probe technologies, multi-color FISH for better diagnosis and increasing applications in personalized medicine and genomic research.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 FISH Probe Market - By Probe Type
1.3.2 FISH Probe Market - By Technology
1.3.3 FISH Probe Market - By Application
1.3.4 FISH Probe Market - By End User
1.3.5 FISH Probe Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FISH PROBE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. FISH PROBE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FISH PROBE MARKET - GLOBAL MARKET ANALYSIS
6.1. FISH PROBE - GLOBAL MARKET OVERVIEW
6.2. FISH PROBE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FISH PROBE MARKET - REVENUE AND FORECASTS TO 2028 - PROBE TYPE
7.1. OVERVIEW
7.2. PROBE TYPE MARKET FORECASTS AND ANALYSIS
7.3. LOCUS SPECIFIC PROBES
7.3.1. Overview
7.3.2. Locus Specific Probes Market Forecast and Analysis
7.4. ALPHOID OR CENTROMERIC REPEAT PROBES
7.4.1. Overview
7.4.2. Alphoid or Centromeric Repeat Probes Market Forecast and Analysis
7.5. WHOLE CHROMOSOME PROBES
7.5.1. Overview
7.5.2. Whole Chromosome Probes Market Forecast and Analysis
8. FISH PROBE MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. Q FISH
8.3.1. Overview
8.3.2. Q FISH Market Forecast and Analysis
8.4. FLOW FISH
8.4.1. Overview
8.4.2. FLOW FISH Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. FISH PROBE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. CANCER RESEARCH
9.3.1. Overview
9.3.2. Cancer Research Market Forecast and Analysis
9.4. GENETIC DISEASES
9.4.1. Overview
9.4.2. Genetic Diseases Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. FISH PROBE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. HOSPITALS
10.3.1. Overview
10.3.2. Hospitals Market Forecast and Analysis
10.4. DIAGNOSTIC LABORATORIES
10.4.1. Overview
10.4.2. Diagnostic Laboratories Market Forecast and Analysis
10.5. CLINICAL RESEARCH ORGANIZATIONS
10.5.1. Overview
10.5.2. Clinical Research Organizations Market Forecast and Analysis
10.6. BIOTECHNOLOGY COMPANIES
10.6.1. Overview
10.6.2. Biotechnology Companies Market Forecast and Analysis
10.7. ACADEMIC AND RESEARCH INSTITUTES
10.7.1. Overview
10.7.2. Academic and Research Institutes Market Forecast and Analysis
11. FISH PROBE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America FISH Probe Market Overview
11.1.2 North America FISH Probe Market Forecasts and Analysis
11.1.3 North America FISH Probe Market Forecasts and Analysis - By Probe Type
11.1.4 North America FISH Probe Market Forecasts and Analysis - By Technology
11.1.5 North America FISH Probe Market Forecasts and Analysis - By Application
11.1.6 North America FISH Probe Market Forecasts and Analysis - By End User
11.1.7 North America FISH Probe Market Forecasts and Analysis - By Countries
11.1.7.1 United States FISH Probe Market
11.1.7.1.1 United States FISH Probe Market by Probe Type
11.1.7.1.2 United States FISH Probe Market by Technology
11.1.7.1.3 United States FISH Probe Market by Application
11.1.7.1.4 United States FISH Probe Market by End User
11.1.7.2 Canada FISH Probe Market
11.1.7.2.1 Canada FISH Probe Market by Probe Type
11.1.7.2.2 Canada FISH Probe Market by Technology
11.1.7.2.3 Canada FISH Probe Market by Application
11.1.7.2.4 Canada FISH Probe Market by End User
11.1.7.3 Mexico FISH Probe Market
11.1.7.3.1 Mexico FISH Probe Market by Probe Type
11.1.7.3.2 Mexico FISH Probe Market by Technology
11.1.7.3.3 Mexico FISH Probe Market by Application
11.1.7.3.4 Mexico FISH Probe Market by End User
11.2. EUROPE
11.2.1 Europe FISH Probe Market Overview
11.2.2 Europe FISH Probe Market Forecasts and Analysis
11.2.3 Europe FISH Probe Market Forecasts and Analysis - By Probe Type
11.2.4 Europe FISH Probe Market Forecasts and Analysis - By Technology
11.2.5 Europe FISH Probe Market Forecasts and Analysis - By Application
11.2.6 Europe FISH Probe Market Forecasts and Analysis - By End User
11.2.7 Europe FISH Probe Market Forecasts and Analysis - By Countries
11.2.7.1 Germany FISH Probe Market
11.2.7.1.1 Germany FISH Probe Market by Probe Type
11.2.7.1.2 Germany FISH Probe Market by Technology
11.2.7.1.3 Germany FISH Probe Market by Application
11.2.7.1.4 Germany FISH Probe Market by End User
11.2.7.2 France FISH Probe Market
11.2.7.2.1 France FISH Probe Market by Probe Type
11.2.7.2.2 France FISH Probe Market by Technology
11.2.7.2.3 France FISH Probe Market by Application
11.2.7.2.4 France FISH Probe Market by End User
11.2.7.3 Italy FISH Probe Market
11.2.7.3.1 Italy FISH Probe Market by Probe Type
11.2.7.3.2 Italy FISH Probe Market by Technology
11.2.7.3.3 Italy FISH Probe Market by Application
11.2.7.3.4 Italy FISH Probe Market by End User
11.2.7.4 Spain FISH Probe Market
11.2.7.4.1 Spain FISH Probe Market by Probe Type
11.2.7.4.2 Spain FISH Probe Market by Technology
11.2.7.4.3 Spain FISH Probe Market by Application
11.2.7.4.4 Spain FISH Probe Market by End User
11.2.7.5 United Kingdom FISH Probe Market
11.2.7.5.1 United Kingdom FISH Probe Market by Probe Type
11.2.7.5.2 United Kingdom FISH Probe Market by Technology
11.2.7.5.3 United Kingdom FISH Probe Market by Application
11.2.7.5.4 United Kingdom FISH Probe Market by End User
11.2.7.6 Rest of Europe FISH Probe Market
11.2.7.6.1 Rest of Europe FISH Probe Market by Probe Type
11.2.7.6.2 Rest of Europe FISH Probe Market by Technology
11.2.7.6.3 Rest of Europe FISH Probe Market by Application
11.2.7.6.4 Rest of Europe FISH Probe Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific FISH Probe Market Overview
11.3.2 Asia-Pacific FISH Probe Market Forecasts and Analysis
11.3.3 Asia-Pacific FISH Probe Market Forecasts and Analysis - By Probe Type
11.3.4 Asia-Pacific FISH Probe Market Forecasts and Analysis - By Technology
11.3.5 Asia-Pacific FISH Probe Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific FISH Probe Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific FISH Probe Market Forecasts and Analysis - By Countries
11.3.7.1 Australia FISH Probe Market
11.3.7.1.1 Australia FISH Probe Market by Probe Type
11.3.7.1.2 Australia FISH Probe Market by Technology
11.3.7.1.3 Australia FISH Probe Market by Application
11.3.7.1.4 Australia FISH Probe Market by End User
11.3.7.2 China FISH Probe Market
11.3.7.2.1 China FISH Probe Market by Probe Type
11.3.7.2.2 China FISH Probe Market by Technology
11.3.7.2.3 China FISH Probe Market by Application
11.3.7.2.4 China FISH Probe Market by End User
11.3.7.3 India FISH Probe Market
11.3.7.3.1 India FISH Probe Market by Probe Type
11.3.7.3.2 India FISH Probe Market by Technology
11.3.7.3.3 India FISH Probe Market by Application
11.3.7.3.4 India FISH Probe Market by End User
11.3.7.4 Japan FISH Probe Market
11.3.7.4.1 Japan FISH Probe Market by Probe Type
11.3.7.4.2 Japan FISH Probe Market by Technology
11.3.7.4.3 Japan FISH Probe Market by Application
11.3.7.4.4 Japan FISH Probe Market by End User
11.3.7.5 South Korea FISH Probe Market
11.3.7.5.1 South Korea FISH Probe Market by Probe Type
11.3.7.5.2 South Korea FISH Probe Market by Technology
11.3.7.5.3 South Korea FISH Probe Market by Application
11.3.7.5.4 South Korea FISH Probe Market by End User
11.3.7.6 Rest of Asia-Pacific FISH Probe Market
11.3.7.6.1 Rest of Asia-Pacific FISH Probe Market by Probe Type
11.3.7.6.2 Rest of Asia-Pacific FISH Probe Market by Technology
11.3.7.6.3 Rest of Asia-Pacific FISH Probe Market by Application
11.3.7.6.4 Rest of Asia-Pacific FISH Probe Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa FISH Probe Market Overview
11.4.2 Middle East and Africa FISH Probe Market Forecasts and Analysis
11.4.3 Middle East and Africa FISH Probe Market Forecasts and Analysis - By Probe Type
11.4.4 Middle East and Africa FISH Probe Market Forecasts and Analysis - By Technology
11.4.5 Middle East and Africa FISH Probe Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa FISH Probe Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa FISH Probe Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa FISH Probe Market
11.4.7.1.1 South Africa FISH Probe Market by Probe Type
11.4.7.1.2 South Africa FISH Probe Market by Technology
11.4.7.1.3 South Africa FISH Probe Market by Application
11.4.7.1.4 South Africa FISH Probe Market by End User
11.4.7.2 Saudi Arabia FISH Probe Market
11.4.7.2.1 Saudi Arabia FISH Probe Market by Probe Type
11.4.7.2.2 Saudi Arabia FISH Probe Market by Technology
11.4.7.2.3 Saudi Arabia FISH Probe Market by Application
11.4.7.2.4 Saudi Arabia FISH Probe Market by End User
11.4.7.3 U.A.E FISH Probe Market
11.4.7.3.1 U.A.E FISH Probe Market by Probe Type
11.4.7.3.2 U.A.E FISH Probe Market by Technology
11.4.7.3.3 U.A.E FISH Probe Market by Application
11.4.7.3.4 U.A.E FISH Probe Market by End User
11.4.7.4 Rest of Middle East and Africa FISH Probe Market
11.4.7.4.1 Rest of Middle East and Africa FISH Probe Market by Probe Type
11.4.7.4.2 Rest of Middle East and Africa FISH Probe Market by Technology
11.4.7.4.3 Rest of Middle East and Africa FISH Probe Market by Application
11.4.7.4.4 Rest of Middle East and Africa FISH Probe Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America FISH Probe Market Overview
11.5.2 South and Central America FISH Probe Market Forecasts and Analysis
11.5.3 South and Central America FISH Probe Market Forecasts and Analysis - By Probe Type
11.5.4 South and Central America FISH Probe Market Forecasts and Analysis - By Technology
11.5.5 South and Central America FISH Probe Market Forecasts and Analysis - By Application
11.5.6 South and Central America FISH Probe Market Forecasts and Analysis - By End User
11.5.7 South and Central America FISH Probe Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil FISH Probe Market
11.5.7.1.1 Brazil FISH Probe Market by Probe Type
11.5.7.1.2 Brazil FISH Probe Market by Technology
11.5.7.1.3 Brazil FISH Probe Market by Application
11.5.7.1.4 Brazil FISH Probe Market by End User
11.5.7.2 Argentina FISH Probe Market
11.5.7.2.1 Argentina FISH Probe Market by Probe Type
11.5.7.2.2 Argentina FISH Probe Market by Technology
11.5.7.2.3 Argentina FISH Probe Market by Application
11.5.7.2.4 Argentina FISH Probe Market by End User
11.5.7.3 Rest of South and Central America FISH Probe Market
11.5.7.3.1 Rest of South and Central America FISH Probe Market by Probe Type
11.5.7.3.2 Rest of South and Central America FISH Probe Market by Technology
11.5.7.3.3 Rest of South and Central America FISH Probe Market by Application
11.5.7.3.4 Rest of South and Central America FISH Probe Market by End User
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. FISH PROBE MARKET, KEY COMPANY PROFILES
13.1. CREATIVE BIOLABS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. ABNOVA CORPORATION
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. THERMO FISHER SCIENTIFIC INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. AGILENT TECHNOLOGIES, INC
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. GENEMED BIOTECHNOLOGIES, INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. F. HOFFMANN-LA ROCHE LTD
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. LGC BIOSEARCH TECHNOLOGIES
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. ABBOTT
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. PERKINELMER INC
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. OXFORD GENE TECHNOLOGY IP LIMITED
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
- Creative Biolabs
- Abnova Corporation
- Thermo Fisher Scientific Inc.
- Agilent Technologies, Inc
- Genemed Biotechnologies, Inc.
- F. Hoffmann-La Roche Ltd
- LGC Biosearch Technologies
- Abbott
- PerkinElmer Inc
- Oxford Gene Technology IP Limited
- BIOGENEX LABORATORIES
- BIOCARE MEDICAL
- OPGEN
- BIO SB
- CREATIVE BIOARRAY
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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