Press release
Molecular Diagnostics Market Competitive and Demand Analysis 2019 to 2030 Augers Well - Abbott Laboratories, Agilent Technologies, Thermo Fisher Scientifi
Molecular Diagnostics is a laboratory test that identifies a disease or susceptibility to suffer from a disease. It examines DNA or RNA, or proteins, or microbes in case of infections. Molecular testing is effectively used in clinical testing devices and also its supplies used in hospitals, reference laboratories, commercial laboratories, doctor's offices, research industries, and more. The said test has been paying an important role in the medicinal practice and will be an indispensable part in future as well.Global Molecular Diagnostics Market is estimated to be over US$ 6 Billion in 2018. It is anticipated to grow at a 8.7% CAGR from 2019 to 2030 and is expected to grow at a double digit in the forecasted period.
Top Players:
Some of the major players in the molecular diagnostics market include Abbott Laboratories, Agilent Technologies, Thermo Fisher Scientific, Becton, Dickinson and Company, Illumina, QIAGEN N.V., Danaher Corporation, Hologic, F. Hoffmann-La Roche, and Biomerieux SA., among others.
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Technological Advancement:
Introduction of quantitative real-time PCR (qPCR) or quantitative polymerase chain reaction (qPCR) is increasingly gaining acceptance owing to the identification of pathogens in clinical microbiology. This tool can be also used to detect of P. aeruginosa easily from sputum samples of patients suffering from Cystic fibrosis, corneal samples, chronic wounds, and positive blood samples.
Technological advancements in the field of molecular diagnostics are expected to drive the market as they allow greater portability, accuracy, and cost-effectiveness. For instance, the introduction of MinION, by Nanopore Technologies offers an affordable and portable sequencer, catering to the users in point-of-care facilities and small peripheral laboratories, which is expected to boost the growth of global molecular diagnostics market.
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Table of Contents
1. INTRODUCTION
1. Market Definition
2. Market Ecosystem
1. Market Classification
2. Geographic Scope
3. Years Considered for the Study
1. Historical Years - 2016 & 2017
2. Base Year - 2018
3. Forecasted Years - 2019 to 2030
3. Currency Used for the Study
4. Report Beneficiary List
2. RESEARCH METHODOLOGY
1. Research Framework
2. Data Collection Technique
3. Data Sources
1. Secondary Sources
2. Primary Sources
4. Market Estimation Methodology
1. Bottoms Up Approach
2. Top Down Approach
5. Data Validation and Triangulation
1. Market Forecasting Model
2. Limitations of the Study
3. Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities
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