Molecular Diagnostics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018
Molecular diagnostics, also called as MDx, is a branch of in vitro diagnostics that helps in identification of nucleic acids. Molecular diagnostics assist in identifying nucleic acids in foreign organisms or genetic markers of any patient. MDx tests is the fastest growing branch of in vitro diagnostics and its growth is influenced by factors such as rapid turnaround time, high sensitivity, low cost and convenient workflow. It is a highly regulated area of biotechnology and requires 510(k)/IVD clearance.
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