Molecular diagnostics is a group of procedures that are applied to analyze biological markers at the molecular level, such as genomes and proteomes, in an individual’s genetic code. This technology is used in the thriving medical field to diagnose and monitor complex diseases, detect risks and, most importantly, determine the best tailor-made medicines and treatments for individual patients. Molecular diagnosis is beneficial in a variety of medical fields, including epidemics, oncology, human leukocyte antigen typing, coagulation and pharmacogenomics.
The global Molecular Diagnostics Market size was valued at USD +9 billion in 2019 and is anticipated to develop at a CAGR of +9% over the forecast period 2020 to 2028.
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Report Consultant has newly formulated a detailed research report of the global Molecular Diagnostics market to its massive database which aids to shape the future of the businesses. It offers detailed insights by analyzing the global market and this insightful data has been accumulated through research techniques. Researchers of this global report anticipate that the market will raise at 9% CAGR in the forthcoming years. The professional summary of the global market has been mentioned by examining the different aspects of the market.
Leading Players of Molecular Diagnostics Market:
Roche diagnostics, Danaher Corporation, Siemens Healthcare, Abbott Molecular Cepheid, BioMerieux’s, Qiagen Gaithersburg, Johnson and Johnson, Agilent (Dako), GenMark diagnostics, Analytik Jena and Alere
Global Market Segmentation:
By Product: Instruments, Reagents, and Software & Services
By Technology: Polymerase Chain Reactions (PCR), Hybridization, DNA Sequencing, Microarray, Isothermal Nucleic Acid Amplification Technology (INAAT), Others (Electrophoresis, Mass spectroscopy, and Flow cytometry)
By Application: Infectious Diseases, Oncology, Genetic Testing, Blood Screening, Others (Microbiology, Neurological Diseases, and Cardiovascular Diseases)
By End Users: Hospitals, Laboratories, Others (Blood Banks, Home Health Agencies, and Nursing Homes)
Geographically, the global market has been fragmented across the world into different regions such as North America, Latin America, Asia-Pacific, Middle East and Africa based on productivity.
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The key questions answered over Molecular Diagnostics Market research report:
- What is the size of the potential global market?
- What are the top level competitors in the global market?
- Who are the major key players in the global Molecular Diagnostics market?
- Which factors are beneficial to enhance the performance of the market?
- What are the demanding regions of the global market?
- What are the driving and restraining factors of the global Molecular Diagnostics market?