Molecular Diagnostics Market Huge Growth |

Posted by Sujeet Nakade on February 26th, 2020

Molecular Diagnostics Market study presents basic data and true figures about the market giving a general assessable analysis of this market based on market drivers, market trends, constraints and its future prospects. The report supplies the worldwide monetary challenge with the help of Porter’s Five Forces Analysis and SWOT Analysis. Some of the major players operating in the global molecular diagnostics market are Abbott Laboratories, Agilent Technologies, Becton, Dickinson and Company, Biomérieux Sa, Danaher Corporation, Diasorin, Grifols, Hologic Corporation, Qiagen, Myriad Genetics, Cepheid Inc., Genomic Health Inc., Grifols Sa, Bayer Healthcare, Johnson & Johnson, Dalko Diagnostics, Sysmex Corporation, Illumina, Qiagen N.V., Novartis AG, Cepheid, Roche Diagnostics, Siemens AG, Thermo Fisher Scientific among others.

The global molecular diagnostics market is expected to reach USD 13.9 billion by 2025, from USD 7.1 billion in 2017 growing at a CAGR of 8.8% during the forecast period of 2018 to 2025.

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By Product & Service (Reagents & Kits, Instruments, Services & Software), By Application (Infectious Diseases {Hepatitis, HIV, CT/NG, HAIs, HPV, TB}, Oncology {Breast Cancer, Lung Cancer, Colorectal Cancer}, Genetic Tests), By Technology (PCR, INAAT, DNA Sequencing & NGS, In Situ Hybridization), By End User, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Major Market Drivers and Restraints:

High prevalence of infectious diseases and various types of cancers.

Increasing awareness and acceptance of personalized medicine and companion diagnostics.

Growth in the biomarker identification market and advancements in molecular techniques.

Complex regulatory frameworks delaying the approval of new molecular diagnostic tests.

Table of Contents

1 Market Overview

2 Manufacturers Profiles

3 Global Molecular Diagnostics Market Competitions, by Manufacturer

4 Global Molecular Diagnostics Market Analyses by Regions

5 North America Molecular Diagnostics by Countries

6 Europe Molecular Diagnostics by Countries

7 Asia-Pacific Molecular Diagnostics by Countries

8 South America Molecular Diagnostics by Countries

9 Middle East and Africa Molecular Diagnostics by Countries

10 Global Molecular Diagnostics Market Segment by Type

11 Global Molecular Diagnostics Market Segment by Application

12 Sales Channel, Distributors, Traders and Dealers

13 Research Findings and Conclusion

14 Appendixes

 

Molecular diagnostics market is increasing with the very high rate.  These are the tests that are used to detect specific sequences in DNA or RNA that may or may not be associated with disease, including single nucleotide polymorphism (SNP), insertions, rearrangements, deletions and others. The clinical applications of molecular diagnostics can be found in at least six wide-ranging areas that are oncology, pharmacogenomics, human leukocyte antigen typing, infectious diseases, genetic disease screening and coagulation.

Three basic steps are required for each molecular analysis, The first step is extraction and purification of nucleic acid, followed by the second step that is amplification or making copies of the nucleic acid of interest (target) or attaching multiple copies of a dye to a single target copy, and third and the last step is the detection of the amplified target using real time polymerase chain reaction (PCR) or end product detection including microarrays, Lumina i.e. similar to flow cytometry or sequencing. All the three steps can be performed together or separately according to the convenience of the doctors and physicians. At the association of molecular pathology (AMP), Food and Drug Administration (FDA) has cleared molecular tests that can be modified by a laboratory, through these tests nucleic acid extractor (that differs from the extractors) can be validated. The other example is laboratory validation of a specimen type, which is already approved by the FDA. For instance, ASR (Analyte Specific Reagents) can be used for patient specimens after in-house validation. RUO (Research Use Only) which is usually referred to tests and rarely to devices.

Market Segment by Regions, regional analysis covers:

  • North America (USA, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Columbia, etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Some of the important question for stakeholders and business professional for expanding their position in the Global Molecular Diagnostics Market:

  1. Which Region offers the most rewarding open doors for the market in 2019?
  2. What are the business threats and variable scenario concerning the market?
  3. What are probably the most encouraging, high-development scenarios for Molecular Diagnostics movement showcase by applications, types and regions?
  4. What segments grab most noteworthy attention in Molecular Diagnostics Market in 2019 and beyond?
  5. Who are the significant players confronting and developing in Molecular Diagnostics Market?

 

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Sujeet Nakade

About the Author

Sujeet Nakade
Joined: September 25th, 2019
Articles Posted: 332

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