New York, NY -- (SBWIRE) -- 03/06/2019 -- Molecular Diagnostics Market Scenario:

Molecular Diagnostics technology is widely used in determining the sequence in DNA or genetic make-up, enzymes, proteins at molecular level with the use of kits, reagents and instruments. Various methods are used to determine sequence in Molecular Diagnostics that includes using instruments like PCR, DNA microarrays, RAPD among others. Molecular diagnostic is rapidly growing technology and has a prominent role in detecting infectious diseases, oncology, and genetic in drug discovery.

The global Molecular Diagnostics market is driven by technological advancements in the genomics arena, increasing research expenditure in molecular biology by private and government institutes, rise in infectious and chronic diseases, reduced price of sequencing are some major factors driving the market.

Molecular Diagnostics Market by Companies: Abbott Laboratories, Agilent Technologies, Thermo Fisher Scientific, Becton, Dickinson and Company, Illumina, QIAGEN N.V., Danaher Corporation, Hologic, F. Hoffmann-La Roche, and Biomerieux SA., among others.

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Product & Services Coverage (Market Size & Forecast, Major Company of Product Type etc.): Reagents & Kits, Instruments, Services) Technique (PCR, Sequencing, Electrophoresis

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.): Diagnostic & Research laboratories, Pharmaceutical & Bio Technique Companies

Key Highlights of the Molecular Diagnostics Market:
-Key strategies and approaches of the major players
-Evaluation of the niche business developments
-Emerging segments and regional markets
-In-depth analysis of the parent market
-Significant development in market dynamics
-Segmentation details of the market
-Market share analysis

Former, on-going, and projected marketing research in terms of volume and revenue
Testimonials to companies, therefore on strengthening their foothold in the market

The global Molecular Diagnostics market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of molecular diagnostics, followed by Europe and Asia Pacific. North America will continue to dominate the global molecular diagnostics market in the forecast period, owing to factors such as highly developed healthcare system and presence of private and public funding. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as the rising focus of major players in emerging Asian countries & government support and prevalence of infectious diseases are driving the growth of the Molecular Diagnostics market in this region.

By Regions, Molecular Diagnostics Market report covers: North America, Europe, Asia Pacific, and Rest of World (ROW)

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The global Molecular Diagnostics market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of molecular diagnostics, followed by Europe and Asia Pacific. North America will continue to dominate the global molecular diagnostics market in the forecast period, owing to factors such as highly developed healthcare system and presence of private and public funding. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as the rising focus of major players in emerging Asian countries & government support and prevalence of infectious diseases are driving the growth of the Molecular Diagnostics market in this region.

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