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Molecular Diagnostics Market 2019 With BD, Grifols, Cepheid, bioMérieux, Agilent Technologies, QIAGEN, Abbott, Danaher Corporation, DiaSorin, Genomic Health, Hologic, Inc., Myriad Genetics And More

05-09-2019 03:04 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Molecular Diagnostics Market

Molecular Diagnostics Market

This quality molecular diagnostics report is structured with full commitment and transparency in research. This market research report offers CAGR value fluctuation during the forecast period of 2019-2026 for the market. This market report provides statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this molecular diagnostics market. Market share analysis and key trend analysis are the two other major success factors of this market report. Competitive analysis covered in this molecular diagnostics market report helps to get ideas about the strategies of key players in the market.

A strong research methodology used in this molecular diagnostics market report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. We bring most relevant, unique, and creditable global market research report to our valuable customers and clients depending upon their specific business needs. The molecular diagnostics market report is generated with the systematic gathering and analysis of information about individuals or organizations which is conducted through social and opinion research.

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Global Molecular Diagnostics Market is expected to reach USD 13.9 billion by 2025, from USD 7.1 billion in 2017 growing at a CAGR of 8.8% during the forecast period of 2018 to 2025. Some of the major players operating in the global molecular diagnostics market are

· Danaher Corporation

· Diasorin

· Grifols

· Hologic Corporation

· Abbott Laboratories

· Agilent Technologies

· Becton

· Dickinson and Company

· Biomérieux Sa

· Qiagen

· Myriad Genetics

· Cepheid Inc.

Others: Genomic Health Inc., Grifols Sa, Bayer Healthcare, Johnson & Johnson, Dalko Diagnostics, Sysmex Corporation, Illumina, Qiagen N.V., Novartis AG, Cepheid, Roche Diagnostics, Siemens AG, Thermo Fisher Scientific among others.

Clinical applications of molecular diagnostics can be found in at least six wide-ranging areas that are oncology, pharmacogenomics, human leukocyte antigen typing, infectious diseases, genetic disease screening and coagulation. These are the tests that are used to detect specific sequences in DNA or RNA that may or may not be associated with disease, including single nucleotide polymorphism (SNP), insertions, rearrangements, deletions and others. Molecular diagnostics market is increasing with the very high rate.

Molecular Diagnostics Market Research Forecasts


Market Research Analyst View

Market Trends With Current Forecast

Primary Research With Molecular Diagnostics Survey

Secondary Market Research For Molecular Diagnostics Market

International Marketing Research

The global molecular diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of molecular diagnostics market for global, Europe, North America, Asia Pacific and South America. The Molecular Diagnostics Market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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· In March 2018, According to the news posted in Globetech Media, Laboratories (Global healthcare diagnostics manufacturer) and Bosch Healthcare Solutions GmbH have partnered to launch molecular diagnostics platform which will be called as Vivalytic, It is an all-in-one fully automated solution that will help in molecular diagnostics.

In June 2018, MDxHealth has announced worldwide licencing agreement with Koninklijke Philips N.V. for prognostic prostate cancer biomarker and for the rights to manufacture and market Philips. This test is basically based on technology which was jointly developed by Philips Research and The University of Glasgow.

With the agreement MDxHealth will be able to prepare the launch of its InformMDx test for prostate cancer i.e. a tissue-based test with the utilization of PDE4D7 that can stratify patients conferring to their risk of disease progression and the development of secondary tumors.

At the association of molecular pathology (AMP), Food and Drug Administration (FDA) has cleared molecular tests that can be modified by a laboratory, through these tests nucleic acid extractor (that differs from the extractors) can be validated. The other example is laboratory validation of a specimen type, which is already approved by the FDA. For instance, ASR (Analyte Specific Reagents) can be used for patient specimens after in-house validation. RUO (Research Use Only) which is usually referred to tests and rarely to devices. LDT (Laboratory Developed Tests) which must be but validated using CLIA standards before they can be used to generate clinically used results. The number of commercially available assays is increasing day by day and it has been observed that the screening for hospital acquired infections (HAIs) such as methicillin-resistant staphylococcus aureus, clostridium difficile or vancomycin-resistant enterococci signifies the additional set of applications of interest to infectious disease investigation and hospital administration.

Major Market Drivers and Restraints:

· High prevalence of infectious diseases and various types of cancers.

· Increasing awareness and acceptance of personalized medicine and companion diagnostics.

· Growth in the biomarker identification market and advancements in molecular techniques.

· Complex regulatory frameworks delaying the approval of new molecular diagnostic tests.


Market Segmentation: Global Molecular Diagnostics Market

The global molecular diagnostics market is segmented based on product & services , end user, application, technology and geographical segments.

· Based on product & service, the market is segmented into

Reagents & kits
Instruments
Services & software

· On the basis of application, the market is classified into

Infectious diseases
Oncology
Genetic tests and other applications

· The infectious diseases market is further sub segmented into hepatitis, HIV, CT/NG, HAIS, HPV, TB, influenza and other infectious diseases. The oncology market is further sub segmented into breast cancer, lung cancer, colorectal cancer, prostate cancer and other cancers.

· Based on technology, the market is segmented into

Polymerase chain reaction (PCR)
Isothermal nucleic acid amplification technology (INAAT)
DNA sequencing & next-generation sequencing (NGS)
In situ hybridization

DNA microarray and other technologies and other technologies

· On the basis of end users, the market is segmented into

Hospitals & academic laboratories
Reference laboratories
Other end users

· Based on geography , the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.

· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.

Major Points from Table of Content Of Molecular Diagnostics Industry:

Introduction
Research Methodology
Executive Summary
Key Inferences
Market Overview
Molecular Diagnostics Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Competitive Landscape
Key Players
Future of the Market

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