Molecular Diagnostics Market: Redefining Boundaries with Groundbreaking Product Offerings

ByHrushi

Global Molecular Diagnostics Market Size and Revenue Forecasts

The report on the Global Molecular Diagnostics Market initially offers an in-depth overview of the Molecular Diagnostics Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.

The global molecular diagnostics market size was USD 19.86 Billion in 2021 and is expected to register a revenue CAGR of 12.4% during the forecast period, according to the latest analysis by Emergen Research. Rise in prevalence of infectious diseases and increased use of point-of-care diagnostic tests are some of the key factors driving market revenue growth. Point-of-Care (PoC) diagnostic testing technologies offer various benefits over traditional diagnostic procedures including better prices, improved efficiency, and potential to provide quick data for decision-making. In addition, increasing use of Point-of-Care (POC) diagnostics testing equipment is being driven by need to make healthcare more patient-centered by organizing medical services around the patient rather than practitioner. Several patients find testing inconvenient as testing process is usually separate from consultation.

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The report highlights the current impact of COVID-19 on the Molecular Diagnostics market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Molecular Diagnostics according to the impact of COVID-19.

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Molecular Diagnostics market expected to boost the growth of the industry in the coming years.

Molecular Diagnostics Market Segmentation:

  • Product Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Reagents
    • Instruments
    • Others

  • Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • DNA Sequencing and NGS
    • Polymerase Chain Reaction (PCR)
    • In Situ Hybridization
    • DNA Microarrays
    • Isothermal Nucleic Acid Amplification Technology (INAAT)
    • Other technologies

  • Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Oncology
    • Infectious Diseases
    • Genetic Testing
    • Others

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Molecular Diagnostics market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Becton, Dickinson and Company, Abbott Laboratories, Agilent Technologies, Danaher Corporation, bioMérieux SA, Hologic, Inc., Illumina, Inc., Roche Diagnostics, Siemens Healthcare Private Limited, and Diasorin.

Regional Landscape section of the Molecular Diagnostics report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Answered in the Report:

  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the Molecular Diagnostics market throughout the forecast period?
  • What are the current and future market trends of the Molecular Diagnostics market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

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Highlights of Table of Contents (TOC):

  • Overview of Global Molecular Diagnostics Market
  • Competitive analysis of the Molecular Diagnostics market
  • Regional analysis of Global Molecular Diagnostics market production and revenue
  • Regional analysis of Global Molecular Diagnostics market supply, consumption, and export & import
  • Type-based market analysis of global Molecular Diagnostics production, revenue, and price trends
  • Application-based analysis of the global Molecular Diagnostics market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Molecular Diagnostics market
  • Conclusion of the research report
  • Appendix

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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