The Global High Resolution Melting Analysis Market was worth $258.9 million in 2016 and is projected to be growing at a CAGR of 3.6%, to touch $308.98 million by 2021.
Hyderabad, India -- (SBWIRE) -- 03/07/2018 -- Growing collaboration among government bodies and major firms to introduce technologically advanced products and reduce ordinary healthcare expenses is predicted boost the growth of the HRM analysis market.
Factors which include developing occurrence of chronic illnesses, rising call for personalized remedy and favorable authorities projects are expected to have an advantageous impact on the HRM analysis market. Personalized medicine, which is also referred to as precision remedy, is a progressive and powerful technique to prevent and deal with the sickness, keeping in mind individual genetic mixtures, lifestyle, and environmental factors.
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Latest developments inside the field of next-generation sequencing (NGS), genomics, and big data analytics were instrumental in strengthening the precision remedy technique. The U.S. FDA has already approved numerous remedy alternatives designed to satisfy the requirements of a specific genetic makeup or a genomic profile of a patient's tumor. This, in turn, is expected to enhance demand for HRM evaluation over the forecast length.
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North America accounted for the biggest marketplace proportion of in 2016. Key elements attributing to its high sales percentage are a high funding for research and development, the presence of outstanding healthcare infrastructure, and an availability of higher compensation options.
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The significant players in the Global High Resolution Melting Analysis Market include Thermo Fisher Scientific Inc. (U.S.), F. Hofmann-La Roche Ltd. (Switzerland), Bio-Rad Laboratories (U.S.), and QIAGEN N.V. (Netherlands). Other players in the market include Agilent Technologies Inc. (U.S.), bioMérieux S.A. (France), Illumina, Inc. (U.S.), Meridian Bioscience, Inc. (U.S.), Novacyt (France), Azura Genomics (U.S.), Canon Biomedical (U.S.), and PREMIER Biosoft (U.S.), among others.
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