openPR Logo
Press release

Molecular Diagnostics Market 2018 – Global Industry Key Growth Factor Analysis & Research Study

07-31-2018 07:19 AM CET | Health & Medicine

Press release from: Reports Monitor

Molecular Diagnostics Market

Molecular Diagnostics Market

Molecular diagnostics is referred as the laboratory tests used to detect and identify the presence of genetic material associated with health condition or disease by examining their proteins levels, DNA (deoxyribonucleic acid), RNA (ribonucleic acid). These tests are commonly performed on samples of blood and tumour tissue. Such diagnostics test provides important insights at every stage of the disease such as prevention of disease, detection, and successful treatment plan. Molecular diagnostic is a subset of in-vitro diagnostics. Molecular diagnostic refers to a tool to increase the efficiency of clinical outcomes and treatment decisions. Nowadays, such diagnostics tests are performed for the early detection of infectious diseases, genetic disorder and cancer with the use of genetic and molecular technologies. Molecular diagnostics is widely used in the area of cancer treatment plan. Such tests have the provision of differentiating cancer from benign tumors (i.e., growths of cells that are on initial stages and not harmful) and can further provide insights to detect the type of tissue in which cancer originated including breast, skin, and lung. Molecular diagnostics helps to provide critical insight to classify different cancer subtypes that affect the same tissue. For example, blood cancer is also called as acute myelogenous leukemia (AML) and can be bifurcated into poor and intermediate types, based on critical examining of chromosomes.

Download PDF Sample with Popular Trends @

According to the American Cancer Society report, there will be around 1.7 million new cases of cancer diagnosed in the United States and approximately 609,640 Americans will die from the cancer in 2018. Moreover, according to the American Cancer Society epidemiologists, in 2018, there are approximately 42% new registered cancer cases, which imply around 729,000 cases of the newly diagnosed cancers in the U.S. Out of which, 19% cases are triggered by smoking and 18% cases are caused by several factors which includes physical inactivity, excess alcohol consumption, combination of excess body weight, and poor nutrition. Certain cancers are caused due to the spread of infectious agents which includes hepatitis B virus (HBV), hepatitis C virus (HCV), human papillomavirus (HPV) and Helicobacter pylori (H. pylori).

Rising prevalence of cancer owing to the exposure to harmful radiation and unhealthy dietary habits, physical inactivity and increasing geriatric population have added to the growth of molecular diagnostics market. Moreover, successful prognosis of a wide range of contagious diseases including HIV and hepatitis and growing demand for biomarkers for conducting diagnosis test have been the significant factors in charge of fuelling the demand in the market. In addition, increasing demand for point of care diagnostic technologies (POCT) and next generation sequencing (NGS) have propeled the market growth. However, stringent regulation of U.S. FDA approval for molecular diagnostic technology, lack of well-defined guidelines associated with molecular diagnostic test in emerging countries, and high cost of diagnostics test may hamper the growth of the market. On the other hand, advancement of technology in the area of Genomics and Proteomics will provide the opportunity for the expansion of the market.

Full Report Link @

Regional Analysis:
Geographically, the molecular diagnostics market can be analysed into North America, Europe, Asia Pacific, and LAMEA. North-America is expected to be dominant in the market by following factors, which include advancements in the field of molecular diagnostics, increasing application of blood-screening, growing awareness associated with cancer disease, and well-established diagnostic infrastructure. The Asia-Pacific market is expected to be driven by factors including the development of health-care infrastructure, high adoption of new technology and medical devices, presence of a large target population, and unmet clinical needs.

Key Players:
Major key players in the market are Novartis AG, Roche Diagnostics, Siemens Healthcare, Abbott Laboratories Inc., QIAGEN, Cepheid Inc., Beckman Coulter Inc., Myriad Genetics Inc., bioMerieux, Gen-Probe Inc. (Hologic Inc.), Becton, and Dickinson and Company among others.

Competitive Intelligence:
FoundationOne CDx™ was approved by US Food and Drug Administration (FDA). FoundationOne is the pan-tumour comprehensive companion diagnostic assay for personalised oncology care. This diagnostic assay identifies patients with advanced cancer and assesses all four classes of genomic changes in 324 genes which helps physician to decide therapies accordingly.

By Application

Infectious Disease
Genetic Disease Screening
Blood Screening
By Product

Software & Services
By End User

Blood Banks
Research Laboratories
By Technology

In-Situ Hybridization
DNA Sequencing
Next Generation Sequencing (NGS)
Capillary Electrophoresis (CE)
Chips and Microarray
Isothermal Nucleic Acid Amplification Technology (INAAT)

About Us:
Reports Monitor is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries including Healthcare, Technology, Chemicals, Materials, and Energy. With an intrinsic understanding of many business environments, Reports Monitor provides strategic objective insights.
We periodically update our market research studies to ensure our clients get the most recent, relevant, and valuable information. Reports Monitor has a strong base of analysts and consultants from assorted areas of expertise. Our industry experience and ability to zero-in on the crux of any challenge gives you and your organization the ability to secure a competitive advantage.

Contact Us:
Mr. Jay Matthews
Direct: +1 513 549-5911 (U.S.)
+44 203 318 2846 (U.K.)

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Molecular Diagnostics Market 2018 – Global Industry Key Growth Factor Analysis & Research Study here

News-ID: 1153383 • Views: 166

More Releases from Reports Monitor

2019 Global Smart Home Security and Safety Systems Market Trend Analysis and Ind …
Smart Home Security and Safety Systems Market GMD analysis model indicates that the aggregated revenue of global smart home security & safety systems market during 2019-2025 is expected to reach $134.5 billion owing to growing adoption of various types of smart security devices in global households. Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below:- Scope of the Report: Highlighted with 72
Radar Sensor Market 2019 Top Key Players: NXP Semiconductors N.V., Robert Bosch …
Radar Sensor Market The report provides a global analysis of Radar Sensor Market data from 2019 to 2024. The report reveals the overview, chain structure, and illustrate the industry’s current situation, evaluate global market volume/share. The market report studies key player’s Profiles/Analysis, product insights, regional analysis insights, product types, and product application insights. The market has been qualified based on a comprehensive market analysis with inputs from industry experts. Have Questions?
OKR Software Market report with Leading players: SpiraLinks, Wrike, BetterWorks, …
2019-2025 OKR Software Market Report with Depth Analysis: The report provides a global analysis of the OKR Software Market report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth, including drivers, challenges, emerging trends, technology changes, and environmental factors. The global OKR Software market size was xx million US$
Event Logistics Market analysis report with Major players Rhenus Logistics, UPS, …
Event Logistics Market Market Overview of Event Logistics Market: The report provides a global analysis of Event Logistics Market Report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The global Event Logistics market size was xx

All 10163 Releases

More Releases for Molecular

International Conference on Cellular and Molecular Microbiology
International Conference on Molecular Microbiology 2018 is scheduled to be held during December 03-04, 2018 at Chicago, Illinois, USA. This Molecular Microbiology 2018 anticipates more than 200 participants around the globe with thought provoking Keynote lectures, Oral talks and Poster presentations, Symposia, Workshops, Exhibitions and Career development programs. The attending delegates include Editorial Board Members of related Conference Series LLC Ltd Journals. This is an excellent opportunity for
Cancer Molecular Biomarkers Market
Cancer molecular biomarkers refer to naturally-occurring molecules or genes in living organisms, which is an indicator for the presence of cancer in the body. A biomarker is a measurable indicator of biological process, condition, or disease and can be found in the blood, tissues, or other body fluids. Cancer molecular biomarkers help to diagnose cancer and monitor patients’ responses to treatments. On the basis of diagnostics, the cancer molecular
Zeolite Molecular Sieves Market
Reports And Markets Publish a New Market Research Report On –"Zeolite Molecular Sieves Market - Segmented by Raw Material, End-user Industry, and Geography - Trends and Forecasts (2017 - 2022)" Access Full Report With Table Of Contents @ The Global Zeolite Molecular Sieve Market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of XX% during
Spectroscopy Market 2017- Molecular Spectroscopy, Atomic Spectroscopy, recently published a detailed market research study focused on the "Spectroscopy Market" across the global, regional and country level. The report provides 360° analysis of "Spectroscopy Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Spectroscopy industry, and estimates the future trend of Spectroscopy market on the basis of this
Global Viral Molecular Diagnostics Market
The Viral Molecular Diagnostics Market reportprovides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Molecular diagnostics refers to a technique used to detect and identify the presence of genetic material or proteins associated with a specific health condition or disease. Viral molecular diagnostic helps in
Appointment of LITMUS Molecular Design President
LITMUS LLC, a leading global technology innovations company, today announces that Dr. Bill W. Massey has been appointed as President of its wholly owned subsidiary, LITMUS Molecular Design (“LMD”). LMD is dedicated to the discovery and development of new molecular entities for the pharmaceutical, chemical and materials science industries. LMD’s technology dramatically improves the efficiency and predictive accuracy of the discovery and development process thereby substantially reducing the associated time