Molecular Diagnostics Market 2020 (COVID -19 Impact Analysis) Industry Research, Share, Trend, Industry Size, Price, Future Analysis, Regional Outlook To 2025 Research Report | DBMR Updates

This Molecular Diagnostics Market research report contains a comprehensive data of market definition, classifications, applications, engagements, market drivers and market restraints all of which are obtained from SWOT analysis. The market document presents key statistics on the market status of Global & Regional manufacturers and proves to be an important source of guidance and direction for companies and individuals interested in the industry. Information and data provided through the Molecular Diagnostics Market business report can be very decisive for Healthcare industry when it comes to dominating the market or creating a mark in the market as a new emergent.

Get Sample PDF (including COVID19 Impact Analysis) of Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-molecular-diagnostics-market&rp

The major topics have been covered in this Molecular Diagnostics Market report and include market definition, market segmentation, key developments in the market, competitive analysis & research methodology. In this report, a thorough investment analysis is offered which forecasts imminent opportunities for the market players and develops the strategies to grow return on investment (ROI). Estimations about the rise or fall of the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this industry report. Molecular Diagnostics Market research report gives answers to many of the critical business questions and challenges.

Market Analysis: Global Molecular Diagnostics Market

The 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. The market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Major Market Competitors/Players: Global Molecular Diagnostics Market

Some of the major players operating in the global molecular diagnostics market are Abbott Laboratories, Agilent Technologies, Becton, Dickinson and Company, Biomérieux Sa, Danaher Corporation, Diasorin, Grifols, Hologic Corporation, Qiagen, Myriad Genetics, Cepheid Inc., 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.

Get Full TOC, Tables and Figures of Market Report @ https://www.databridgemarketresearch.com/toc/?dbmr=global-molecular-diagnostics-market&rp

The Molecular Diagnostics Market report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size 
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved
Technology
Value Chain
Market Drivers and Restraints

Market Definition: Global Molecular Diagnostics Market

Molecular diagnostics market is increasing with the very high rate.  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. The 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. Three basic steps are required for each molecular analysis, The first step is extraction and purification of nucleic acid, followed by the second step that is amplification or making copies of the nucleic acid of interest (target) or attaching multiple copies of a dye to a single target copy, and third and the last step is the detection of the amplified target using real time polymerase chain reaction (PCR) or end product detection including microarrays, Luminex i.e. similar to flow cytometry or sequencing. All the three steps can be performed together or separately according to the convenience of the doctors and physicians.

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 Molecular Diagnostics 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 Molecular Diagnostics Market is segmented into reagents & kits, instruments and services & software.

On the basis of application, the Molecular Diagnostics 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 Molecular Diagnostics 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 Molecular Diagnostics Market is segmented into hospitals & academic laboratories, reference laboratories and other end users.

Based on geography , the Molecular Diagnostics 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.

Key Developments in the Market: Global Molecular Diagnostics Market

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.

Reasons to Purchase this Report :

Current and future of global molecular diagnostics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report

The report includes the complete segmentation displayed above across all above mentioned countries

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-molecular-diagnostics-market&rp

Contact Us
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Mail: Corporatesales@databridgemarketresearch.com
https://databridgemarketresearch.com

About Data Bridge Market Research :

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

This release was published on openPR.