Molecular Diagnostics Market Grows at Healthy CAGR with Rising Adoption
The global molecular diagnostics market features a highly consolidated vendor landscape, with the top three players, namely F. Hoffmann-La Roche Ltd., Abbott Laboratories, and Danaher Corporation, representing over 54% of the overall market. The dominance of these players can be attributed to their broad product portfolio, finds Transparency Market Research (TMR) in a study. "Several players are going the mergers and acquisitions routes to stay ahead of the curve. For instance, Danaher acquired Cepheid in 2016 which is poised to...
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