Press release
Global Molecular Diagnostics Market Will Hit At CAGR Of 10.38% During Years 2016-2020
About Molecular Diagnostics
The traditional trial and error techniques that were used in the field of medicine are now being replaced by accurate, safe, marker-assisted, molecular-guided treatments. Molecular diagnostics is one such technique. This is a technique that involves measurement and analysis of DNA and RNA at the molecular level to detect changes in biochemical pathways. The aim of performing these tests is to determine the location of a disease and its activity. Wide scope of application, specificity, and quick turnaround time are factors that are contributing to its importance in the IVD market.
Technavios analysts forecast the global molecular diagnostics market to grow at a CAGR of 10.38% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global molecular diagnostics market for 2016-2020. To calculate the market size, revenue generated from the sales of equipment such as automated real-time PCR, mass spectroscopy, and DNA sequencing and DNA microarray diagnostic devices, consumables, and reagents is considered.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Molecular Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Abbott Laboratories
Hologic Inc.
Qiagen
Roche Diagnostics (a division of F. Hoffmann-La Roche Ltd.)
Siemens Healthcare GmbH
Other prominent vendors
AsuraGen
Ahram Biosystem
Analytik Jena
BD
Bio-Rad
EKF Molecular Diagnostics
EMD Millipore
HTG Molecular
InBios International
Maxim Biomedical
Mindray
Myriad Genetics
Ortho Clinical Diagnostics
Ras Lifesciences
Trivitron Healthcare
ThermoFisher Scientific
Market driver
Key to cost-effective diagnosis of cancer
For a full, detailed list, view our report
Market challenge
Reimbursement issues
For a full, detailed list, view our report
Market trend
Growth of theranostics
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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