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Molecular Diagnostics Tests & Reagents Market Size, Share & Trends Analysis Report by Technology, By Product, By Application, And Segment Forecasts, 2022 - 2028 | Siemens Healthcare, Johnson and Johnson, Becton Dickinson
The Molecular Diagnostics Tests & Reagents Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2028. The structured analysis contains graphical as well as a diagrammatic representation of the global Molecular Diagnostics Tests & Reagents Market with its specific geographical regions.The Global Molecular Diagnostics Tests & Reagents Market Size is Projected to Reach at a CAGR of 10% during 2022-2028.
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Market Overview:
Rising prevalence and incidences of diseases is the prime driver for the Molecular Diagnostic Reagent market. Molecular Diagnostic Reagents are used to monitor the therapeutic efficacy of drugs. Currently immunoassays account for approx. 25 percentage of the global diagnostic market while Molecular diagnostic reagent accounts for the about 6 percentage. The Infectious disease market is the largest segment within the molecular disease reagent market and is expected to register 7% to 8 % growth during the forecast period. Total revenue generated by the Molecular Diagnostic Reagent market is dominated by the infectious disease testing segment.
The key manufacturers covered in this report:
Siemens Healthcare, Johnson and Johnson, Becton Dickinson, Abbott Laboratories, Roche Diagnostics, Beckman Coulter Inc, Thermo Scientific, Cobas, Caprion, Merck Millipore, Aptiv Solution, Danaher Corporation, Biomerieux, Bio-Rad Laboratories, Ortho Clinical Diagnostics, Sysmex Corporation, Mindray, Shanghai Kehua Bio-engineering, BioSino Bio-technology, Beijing Leadman Biochemistry, DAAN Gene
Recent Developments
In December 2020, GeneIQ, a molecular diagnostics laboratory based in Dallas, pivoted, like many companies nationwide, to address the ongoing COVID-19 pandemic, and the move has reinforced a major expansion.
In December 2020, Co-Diagnostics Inc. announced their sale of more than 10 million of its Logix SmartTM COVID-19 test kits to its domestic and international laboratory, hospital, and supplier network.
Segmentation by type:
Professional Diagnostic
Molecular Diagnostic
Diabetes Monitoring
Segmentation by application:
Diabetes
Infectious Diseases
Oncology
Cardiology
HIV
Other
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North America Dominates the Market and is Expected to do the Same over the Forecast Period
Some of the factors driving the market growth include large outbreaks of bacterial and viral epidemics, increasing demand for point-of-care diagnostics, rapidly evolving technology, and the presence of key market players in the region. During the COVID-19 pandemic, the United States Centers for Disease Control and Prevention (CDC) used a one-step PCR format to diagnose COVID-19. The assay was carried out by isolating RNA from the sample and adding it to the master mix containing forward and reverse primers, nuclease-free water, the reaction mixture (reverse transcriptase, polymerase, nucleotides, magnesium, and other additives).
The regions are further sub-divided into:
North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa
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Highlights of the Molecular Diagnostics Tests & Reagents Market Report:
Detailed overview of Molecular Diagnostics Tests & Reagents Market
Changing the Molecular Diagnostics Tests & Reagents market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Molecular Diagnostics Tests & Reagents market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Molecular Diagnostics Tests & Reagents Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
Finally, the Molecular Diagnostics Tests & Reagents Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Molecular Diagnostics Tests & Reagents industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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