Molecular Diagnostics Market: Global Trends, Share, Industry Size, Growth, Opportunities, and Forecast By 2030

The growing incidence of infectious diseases and cancer globally has increased the adoption of molecular diagnostics. The major market players are now primarily focused on technological advances in molecular diagnostics. Also, it has been witnessed during COVID-19 that the diagnostics industry faced much growth, with a race to develop novel and rapid diagnostics kits for the detection of coronavirus. In 2021, a 59% rise in revenue was reported by Thermo Fisher Scientific due to the diagnostics division that delivered 150% growth.

Data Bridge Market Research analyses that the molecular diagnostics market, which was USD 20.1 billion in 2022, would rise to USD 54.76 billion by 2030 and is expected to undergo a CAGR of 13.3% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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https://www.databridgemarketresearch.com/reports/global-molecular-diagnostics-market

The Molecular Diagnostics Market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance.

Objectives of the Report

To carefully analyze and forecast the size of the Molecular Diagnostics Market by value and volume.
To estimate the market shares of major segments of the ICU Ventilators
To showcase the development of the Molecular Diagnostics Market in different parts of the world.
To analyze and study micro-markets in terms of their contributions to the Molecular Diagnostics Market, their prospects, and individual growth trends.
To offer precise and useful details about factors affecting the growth of the ICU Ventilators
To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Molecular Diagnostics Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches

Key questions answered in the report:

Which are the five top players of the Molecular Diagnostics Market?
How will the Molecular Diagnostics Market change in the next five years?
Which product and application will take a lion's share of the Molecular Diagnostics Market?
What are the drivers and restraints of the Molecular Diagnostics Market?
Which regional market will show the highest growth?
What will be the and size of the Molecular Diagnostics Market throughout the forecast period?

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