Molecular Diagnostics Market Emerging Trends, Overview, Global Industry Analysis, Development Strategies and Outlook by 2027 Involving Eminent Key Players Abbott, Agilent Technologies, Thermo Fisher Scientific, F. Hoffmann-La Roche, Bio-Rad Laboratories and others
Molecular diagnostics includes various techniques to analyze biological markers in the genome and proteome. These techniques are used to guide patient’s right from diagnosis to treatment, for diseases like cancer, infectious disease, and congenital abnormalities. These techniques help in identifying the genetic variants that have led to the disease. Molecular diagnostic procedures that are routinely used include polymerase chain reaction (PCR), real-time PCR, restriction fragment length polymorphism analysis (RFLP), fluorescence in situ hybridization, gel electrophoresis, single-stranded conformation polymorphism, hybrid capture, and other assays.
The molecular diagnostics market is anticipated to grow in the forecast period owing to key factors such as increasing prevalence of infectious diseases and different types of cancers, increasing awareness and acceptance of personalized medicine and companion diagnostics, growth in the biomarker identification market and advancements in molecular techniques. However, technical issues related to sample collection and storage and risk of contamination and complex regulatory scenario hampers growth of this market.
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North America is expected to contribute to the largest share in the Molecular Diagnostics market in the coming years, owing to the well-developed research infrastructure and the presence of global biotechnology companies in this region. Asia Pacific is expected to witness significant growth in the Molecular Diagnostics market during the forecast period, due to growing presence of clinical research organizations and biopharmaceutical companies and availability of skilled personnel in this region.
Companies Profiling in this Market:
Abbott, Agilent Technologies, Inc, Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Bio-Rad Laboratories, Inc., QIAGEN, bioMérieux SA, BD, Illumina, Inc., and Danaher among others.
The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. A thorough analysis of these elements has been accepted for defining the future growth prospects of the global Molecular Diagnostics market.
The objective of the study is to describe, define, and forecast the Molecular Diagnostics market by type, therapy, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall Molecular Diagnostics market.
What the research report offers:
- Market definition of the global Molecular Diagnostics market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
- Extensive research on the competitive landscape of global Molecular Diagnostics market.
- Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
- A comprehensive list of key market players operating in the global Molecular Diagnostics market.
Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about Molecular Diagnostics market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Molecular Diagnostics market is also been analyzed in terms of value chain analysis and regulatory analysis.
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The global molecular diagnostics market is segmented on the basis of product, technology, application, and end user. Based on product, the molecular diagnostics market is segmented as reagents & kits, instruments, software and services. Based on technology, the molecular diagnostics market is segmented polymerase chain reaction (PCR), isothermal nucleic acid amplification technology (INAAT), DNA sequencing & next-generation sequencing (NGS), in situ hybridization, DNA microarray, other technologies. On the basis of application the molecular diagnostics market is segmented as infectious diseases, oncology, genetic tests, other. The end user segment consists of hospital & academic laboratories reference laboratories and other.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Molecular Diagnostics market based on product, model, rotor design, application and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Molecular Diagnostics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
This report presents a 360-degree overview of the competitive scenario of the Global Molecular Diagnostics market. The report includes massive data relating to the recent product and technological developments observed in the market, complete with an analysis of the impact of these advancements on the market’s future development. The research report analyzes the global Molecular Diagnostics market in a detailed manner by explaining the key aspects of the market that are expected to have a quantifiable influence on its developmental prospects over the forecast period.
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Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Molecular Diagnostics Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
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– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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