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Latest Research Report on Oncology Molecular Diagnostics Market CAGR +12 Insight Analysis by Size, Type, Application Including Leading Players - Agilent Technologies Inc., Abbott Laboratories, Bayer AG, BD.
Oncology Molecular Diagnostics Market
The global oncology molecular diagnostics market is expected to grow at a CAGR of +12% during 2021-2027.
Oncology molecular diagnostics help perform rapid analysis and provide detailed information that is further utilized in the personalized treatment of cancer. These diagnostics solutions find application in clinical and point-of-care (POC) testing for the early detection of cancer. They are also used in blood banks to identify pathogens and infectious diseases present in the donated blood samples.
The rising prevalence of cancer on account of changing lifestyles, the growing geriatric populace, and the increasing trend of smoke represents one of the major factors impelling the global oncology molecular diagnostics market growth. Apart from this, the escalating demand for rapid and correct diagnosis, along with advancements in next-generation sequencing techniques, is contributing to the growth of the market. Besides, a rise in the number of individuals suffering from viral and bacterial infections and the increasing participation in blood donation campaigns is positively manipulating the demand for oncology molecular diagnostics globally.
However, due to the sudden outbreak of coronavirus disease, several healthcare institutions are undertaking steps to alleviate the risk of the pandemic on cancer patients by dipping the number of medical appointments. Moreover, regular screening for cancer patients has witnessed a decline due to the repurposing of diagnostics resources for providing COVID-19 testing and consequent reduction in oncology testing.
Key Players
Agilent Technologies Inc., Abbott Laboratories, Bayer AG, BD (Becton, Dickinson, and Company), Cepheid Inc. (Danaher Corporation), F. Hoffmann-La Roche AG, Hologic Inc., Qiagen N.V., Siemens Healthcare, and Sysmex Corporation.
The analyst provides an analysis of the key trends in each sub-segment of the global oncology molecular diagnostics market, along with forecasts at the global, regional, and country-level from 2021-2027. The report has categorized the market based on region, cancer type, product, technology, and end-user
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By Cancer Type
• Breast Cancer
• Prostate Cancer
• Colorectal Cancer
• Cervical Cancer
• Liver Cancer
• Lung Cancer
• Blood Cancer
• Others
By Product
• Instruments
• Reagents
• Others
By Technology
• Polymerase Chain Reaction (PCR)
• In Situ Hybridization
• Chips and Microarrays
• Isothermal Nucleic Acid Amplification Technology (INAAT)
• Mass Spectrometry
• DNA and NGS Sequencing
• Transcription Mediated Amplification (TMA)
• Others
By End-user
• Hospitals and Clinics
• Reference Laboratories
• Others
By Region
• North America
• United States
• Canada
• Asia Pacific
• Others
• Middle East and Africa
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This research report throws light on the following aspects:
o Assessment of Global Oncology Molecular Diagnostics Market
o Detailed analytical and comparative study of global competitors
o Elaboration of market dynamics such as drivers, restraints, and opportunities
o Oncology Molecular Diagnostics Market methodologies as well as brand promotional activities
o A detailed description of market segments like type, size, applications, and end-users.
o Geographical segmentation of the global Oncology Molecular Diagnostics Market
Rebecca Parker
(Report Consultant)
sales@reportconsultant.com
www.reportconsultant.com
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Report Consultant - A global leader in analytics, research, and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly. We make sense of drawbacks, opportunities, circumstances, estimations, and information using our experienced skills and verified methodologies.
Our research reports will give you an exceptional experience of innovative solutions and outcomes. We have effectively steered businesses all over the world with our market research reports and are outstandingly positioned to lead digital transformations. Thus, we craft greater value for clients by presenting advanced opportunities in the global market.
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