DNA Diagnostics Market Value to Expand $19 Billion by 2020, Globally

Molecular biology has revolutionized understanding of many aspects of human disease. Continued development of DNA diagnosis - Analysis of disease at the nucleic acid level - Provide automated rapid and inexpensive analysis of DNA or RNA sequences associated with genes, malignant tumors and infectious diseases. DNA diagnosis will also facilitate identification of disease-associated genes at birth and create new opportunities for preventive medicine.

The Global DNA Diagnostics Market is likely to garner $19 billion by 2020, growing at a CAGR 9.8% during the forecast period, 2014-2020.

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The report provides an in-depth analysis of the electric vehicle market for the historic period, 2014-2017 and the forecast period, 2018-2025. It incorporates the market size and share, market drivers and restraints, key market segments, Porter’s Five Forces Analysis (PFFA), and key market player profiles. The report is a useful resource for stakeholders such as market players, investors, new entrants and others interested in the market as it assists them to gain a strong foothold in the industry and devise strategies to survive.

The drivers and restraints analyzed in the report determine the rise and fall of the market. The factors fueling the market growth include increasing incidences of chronic and infectious diseases, technological advancements and product modification, and increase in popularity of personalized medicine approach. However, high cost involved in research & development and unclear reimbursement policies & stringent government regulation restrain the growth of the market. On the other hand, technological developments and increasing need for personalized medicines offer opportunities for the growth of the market.

The report offers a detailed segmentation of the global DNA diagnostics market based on product type, technology, application, and geography. Based on the product type, the market is classified as instruments, reagents, service & software. Based on technology, the market is divided into PCR, microarray, in-situ hybridization, sequencing technology, and mass spectrometry. Based on application, the market is bifurcated into infectious disease (hepatitis B virus, hepatitis C virus, HIV, TB, CT/NG, HPV, MRSA), myogenic disorder, prenatal diagnostics, and pre-implantation diagnostics. Geographically, the market analysis has been done for the regions such as North America, Europe, Asia-Pacific, and LAMEA. The market analysis in North America covers Canada, Mexico, and the U.S. The market analysis in Europe covers Germany, UK, and France.

The report provides an extensive analysis of the key players operating in the global DNA diagnostics market. A business overview for each player is provided in the report to help market players and investors gain a comprehensive understanding of the existing competition and determine investment suitability. Furthermore, financial performance of each player is offered in the study. Recent developments by them are also discussed. Key market players noted in the study include Roche Diagnostics, Bayer Diagnostic, Sysmex, Abbott laboratories, Gene-probe Inc., Cephide, Illumina, Inc., Bio-Rad Laboratories, Thermo Fisher Scientific, Johnson and Johnson, and Novartis.

More Info @ https://www.medgadget.com/2019/02/dna-diagnostics-market-value-to-amplify-19-billion-by-2020-globally-asia-pacific-region-is-helping-companies-to-drive-more-business.html

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