Molecular Diagnostics Market 2020 Size, Share, Regional Growth, Industry Outlook and Forecast till 2026


Posted April 8, 2020 by Diya123

The global molecular diagnostics market is projected to grow with rising technological developments in molecular diagnostic techniques.

 
The global molecular diagnostics market is projected to grow with rising technological developments in molecular diagnostic techniques. These advancements are intended to offer higher accuracy, cost-effectiveness, and portability which further drives the market. This information was published by Fortune Business Insights in a report, titled “Molecular Diagnostics Market Size, Share and Global Trend By Product Type (Instruments Reagents & Consumables), Application (Infectious Disease, Blood Screening, Histology & Oncology), Technique (Hospitals Amplification, Hybridization & Sequencing Techniques), End User (Hospitals, Clinical & Pathology Labs) and Geography Forecast till 2025” offering insights on factors influencing growth. The global market covered a value of US$ 8012.7 Mn in the year 2017 and is projected to reach US$ 13873.6 Mn by 2025. As per the report, the global market is expected to garner a healthy CAGR of 7.1% throughout the forecast period.

For more information in the analysis of this report, visit:https://www.fortunebusinessinsights.com/industry-reports/molecular-diagnostics-market-100086

Infectious Diseases: The Largest Growing Segment Among Other Applications

Among applications, infectious diseases segment is expected to account for a majority of share in the global molecular diagnostic market. The scope of this segment is increasing owing to the rising number of patients suffering from infections and microbial outbreaks. Moreover, the infectious diseases segment covered a share of 60% in the year 2017. Development of tests for several diseases and rising awareness about the benefits of adopting molecular diagnostic technologies may prevent the occurrence of infectious diseases. Global organizations such as World Bank and the World Health Organization (WHO) are planning to conduct awareness programs to increase the talent pool for molecular diagnostics. Adoption of molecular diagnostic systems is rising among end-users such as clinics, hospitals, emergency centers, and pathology labs.

Abbott Launched a Next Generation System Used for Molecular Diagnosis

The global molecular diagnostics market is expected to be dominated by companies such as Danaher, Abbott, QIAGEN, and F. Hoffmann-La Roche Ltd. Strong supply chain network, rising research and development (R&D) activities, and development strategies are likely to create growth opportunities for the above companies. In 2016, Abbott announced the introduction of a next-generation system called Alinity. This system is used for plasma and blood screening, haematology procedures, molecular diagnostics, and clinical chemistry. Companies are focussing on to develop new molecular diagnostic tests, which may foster growth of the market. In 2018, Banyan Biomakers received marketing authorization from the U.S. FDA on its first blood diagnostic test. This test was developed to treat traumatic brain injuries which is also referred to as concussion among adults. These developments are likely to have a positive impact on the overall market.

Request a Sample Copy of Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/molecular-diagnostics-market-100086

some of the key players in the global Molecular Diagnostics Market:

bioMérieux SA.
BD
Danaher
Grifols, S.A.
Hologic Inc.
Novartis AG
QIAGEN
Siemens Healthcare GmbH
Hoffmann-La Roche Ltd.
Table of Content

Introduction
1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

Executive Summary
Market Dynamics
3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

Key Insights
4.1 Porter's five forces analysis

4.2 Top 3 players working in market space

4.3 Key developments (Merger, Acquisitions, etc.)

4.4 Technological Advancements

Global Molecular Diagnostics Market Analysis, Insights and Forecast, 2014-2025
5.1. Key Findings / Summary

5.2. Market Analysis, Insights and Forecast – By Product Type

5.2.1 Instruments

5.2.2 Reagents & Consumables

5.3. Market Analysis, Insights and Forecast – By Application

5.3.1 Infectious Disease

5.3.2 Blood Screening

5.3.3 Histology

5.3.4 Oncology

5.3.5 Others

5.4 Market Analysis, Insights and Forecast – By Technique

5.4.1 Amplification Techniques

5.4.2 Hybridization Techniques

5.4.3 Sequencing Techniques

5.4.4 Others

5.5. Market Analysis, Insights and Forecast – By End User

5.5.1 Clinical & Pathology Labs

5.5.2 Hospitals

5.5.3 Others

5.6. Market Analysis, Insights and Forecast – By Region

5.6.1 North America

5.6.2 Europe

5.6.3 Asia Pacific

5.6.4 Middle East & Africa

5.6.5 Latin America

North America Molecular Diagnostics Market Analysis, Insights and Forecast, 2014-2025
6.1. Key Findings / Summary

6.2. Market Analysis – By Product Type

6.2.1 Instruments

6.2.2 Reagents & Consumables

6.3. Market Analysis – By Application

6.3.1 Infectious Disease

6.3.2 Blood Screening

6.3.3 Histology

6.3.4 Oncology

6.3.5 Others

6.4. Market Analysis – By Technique

6.4.1 Amplification Techniques

6.4.2 Hybridization Techniques

6.4.3 Sequencing Techniques

6.4.4 Others

6.5. Market Analysis – By End User

6.5.1 Clinical & Pathology Labs

6.5.2 Hospitals

6.5.3 Others

6.6. Market Analysis – By Country

6.6.1 U.S.

6.6.2 Canada

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Tags molecular diagnostics market , molecular diagnostics market share , molecular diagnostics market size , molecular diagnostics market trends
Last Updated April 8, 2020