openPR Logo
Press release

Molecular Diagnostics Market report for 2018-2024 Eminent Players - Abbott Molecular Cepheid, BioMerieux’s, Roche diagnostics, Danaher Corporation, Siemens Healthcare, Qiagen Gaithersburg, Johnson and Johnson, Agilent (Dako), GenMark diagnostics

01-23-2019 11:24 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Molecular Diagnostics Market

Molecular Diagnostics Market

Global molecular diagnostics market valuation to surpass USD 12.5 billion by 2024, substantially rising prevalence of chronic diseases to augment the product demand.

Persistently being channelized by technological proliferation, molecular diagnostics market has, of late, been gaining rewarding proceeds from a plethora of healthcare applications including the likes of blood screening, oncology testing, genetic testing, and infectious diseases testing domains. Recent advancements in molecular diagnostic approach have brought a paradigm shift in the overall business perspective from basic research activities to clinical reality, which undoubtedly, has widened the application scope of molecular diagnostics industry.

Modern day high-resolution molecular cytogenic analysis can detect duplications or deletions of DNA in thousands of nucleotides at once, ensuring high accuracy and easy operative approach. In fact, health giants claim the diagnostic molecular pathology to emerge from a niche domain to a viable alternative against conventional medical approaches that have been reigning the industry so far. As per Global Market Insights, Inc., overall molecular diagnostics industry size is slated to exceed a revenue of USD 12.5 billion by 2024.

Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/434

The sheer popularity of molecular diagnostics industry can be primarily attributed to the increasing occurrence of infectious diseases along with spreading public cognizance with regards to the pre-disease detection. According to some of the trusted reports, almost 80,000 new cases of HIV infections were found in India, in the year 2016. Furthermore, sudden outbreak of emerging infectious diseases like Ebola, influenza A (H7N9), MERS, has complimented molecular diagnostics market growth in terms of revenue streams and profitability.

Another crucial aspect that has indirectly made the stage lucrative for molecular diagnostics market is the growing challenge of meeting optimal patient care, amidst the backdrop of resource-limited settings. Conventional diagnostic approaches are too expensive to be effectuated in RLS, given the economic constraints. In the face of this crisis, clinicians and healthcare giants have been readily inclining toward cost-effective molecular diagnostics that rely less on operator training. In this regard, Myriad Genetics, the American molecular diagnostics industry giant has been on the roll since for a while now, with its consistent effort of expanding the business portfolio. With a lineage of nearly 12 exclusive molecular diagnostics products, the company is making profound inroads in advanced gene sequencing cancer therapy. As per the recent reports, the healthcare biggie is presently thriving on the cusp of two of its patent molecular diagnostic suites, EndoPredict tests, and GeneSight.

Some of the other companies witnessing a strong presence in global molecular diagnostics market include Abbott, Dickinson and Company, Alere, Becton, Biomerieux, Danaher Corporation, Bio-Rad Laboratories, GenMark Diagnostics, Johnson & Johnson, HTG Molecular Diagnostics, MDxHealth, and Novartis (Grifols). Amidst the intense share battle, experts claim product innovation to be one of the major growth rationales underlining the sustainability quotient for the market players.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/434

The current framework of an unclear regulatory landscape is deemed to be one of the major constraints somewhat hindering the molecular diagnostics market penetration across some of the geographies. Nonetheless, ongoing R&D investments to bring advanced molecular diagnostics techniques in the foreground in tandem with public as well as private organizations’ encouraging initiatives toward promoting molecular diagnosis are expected to act in favor of the industry proliferation in the coming years. A report put forward by Global Market Insights claims the overall molecular diagnostics industry size to register a modest CAGR of 8.5% over 2018-2024.

Report Content

Chapter 1. Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary

Chapter 2. Executive Summary
2.1. Molecular diagnostics industry 360º synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Technology trends
2.1.4. Regional trends

Chapter 3. Molecular Diagnostics Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Technological advances and increasing awareness towards early disease diagnosis
3.3.1.2. Escalating demand for POC diagnostics
3.3.1.3. Increasing geriatric population
3.3.1.4. Increasing number of R&D initiatives
3.3.1.5. Upward trend in infectious disease prevalence
3.3.2. Industry pitfalls & challenges
3.3.2.1. Lack of clear and uniform regulatory framework
3.3.2.2. Increasing cost of disease diagnostics
3.4. Growth potential analysis
3.4.1. By application
3.4.2. By technology
3.5. Technology landscape
3.5.1. Product innovation
3.6. Pipeline analysis
3.7. Pricing analysis
3.7.1. Average regional prices
3.8. Porter’s analysis
3.9. Competitive landscape, 2017
3.9.1. Strategy dashboard
3.10. PESTEL analysis

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Blog : http://news-researchers.com/

This release was published on openPR.

Permanent link to this press release:

Copy
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 report for 2018-2024 Eminent Players - Abbott Molecular Cepheid, BioMerieux’s, Roche diagnostics, Danaher Corporation, Siemens Healthcare, Qiagen Gaithersburg, Johnson and Johnson, Agilent (Dako), GenMark diagnostics here

News-ID: 1525025 • Views: 611

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Molecular

New Study On Molecular Pump Market 2018 Global Analysis By Key Players – Turbo …
Molecular Pump Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE PDF Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/7319 UpMarketResearch offers a latest published report on “Global Molecular Pump Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to
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 @ https://www.reportsandmarkets.com/reports/1086383-global-zeolite-molecular-sieves-market-segmented-forecasts-2017-2022 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
MarketReports.biz, 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 Molecular Biomarkers Sales Market Report 2017
This report studies sales (consumption) of Molecular Biomarkers in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Alere Atossa Genetics Biophysical Abbott BioCept BioTheranostics DiagnoCure GenomeDx Genomic Health Gen-Probe Life Technologies 20/20 GeneSystems Cynvenio Dako (Agilent) Epic Sciences Foundation Medicine Genomic Health Molecular Response Nodality PGD To Get Sample Copy of Report visit @ http://www.qyresearchreports.com/sample/sample.php?rep_id=984410&type=E Market Segment by Regions, this report splits Global into several key Regions, with sales