Molecular Diagnostics Market Global Trends, Growth, Size, Segmentation, Future Demands, Overview, Latest Innovation, Regional Forecast to 2026
Pune, India -- (SBWIRE) -- 03/24/2020 -- 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.
Get Detailed Analysis on Molecular Diagnostics Market Research Report
some of the key players in the global Molecular Diagnostics Market:
Siemens Healthcare GmbH
Hoffmann-La Roche Ltd.
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.
Request a Sample Copy of Molecular Diagnostics Market Research Report
Transformation in Healthcare May Lead to Innovative Molecular Diagnostic Systems
The evolution of molecular diagnosis over the years has given birth to different molecular diagnostic tests. These tests help to detect specific RNA or DNA sequences. In addition to this, they help to get an understanding if these sequences are associated with diseases or not. With the rapid transformation of healthcare, innovative molecular diagnostic tests are likely to introduce in the coming years. This will further transform the molecular biology field. Other factors driving the molecular diagnostic market are rising demand for healthcare facilities and personalized medicine. Furthermore, several favourable policies by governments with an aim to encourage care diagnosis and increase awareness about diagnostic procedures drives the market.
Table of Content
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
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
5.2.2 Reagents & Consumables
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1 Infectious Disease
5.3.2 Blood Screening
5.4 Market Analysis, Insights and Forecast – By Technique
5.4.1 Amplification Techniques
5.4.2 Hybridization Techniques
5.4.3 Sequencing Techniques
5.5. Market Analysis, Insights and Forecast – By End User
5.5.1 Clinical & Pathology Labs
5.6. Market Analysis, Insights and Forecast – By Region
5.6.1 North America
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
6.2.2 Reagents & Consumables
6.3. Market Analysis – By Application
6.3.1 Infectious Disease
6.3.2 Blood Screening
6.4. Market Analysis – By Technique
6.4.1 Amplification Techniques
6.4.2 Hybridization Techniques
6.4.3 Sequencing Techniques
6.5. Market Analysis – By End User
6.5.1 Clinical & Pathology Labs
6.6. Market Analysis – By Country
Have Any Query? Ask Our Experts
More Trending Topics from Fortune Business Insights:
In vitro Diagnostics Market 2020 Global Market Future Growth Analysis, Share, Demand, Trends, Segmentation and Forecasts to 2026
Life Science Instrumentation Market 2020 Global Growth Factor, Size, Share, Regional Demand, Industry Overview, Trends and Forecasts to 2026
Sexually Transmitted Diseases Testing Market 2020 Global Future Growth Analysis, Size, Demand, Trends and Forecasts to 2026
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Linkedin | Twitter | BLogs