Molecular Diagnostics Market is Expected to Cross US$ 10 Billion Globally by 2021

The main driving factors for molecular diagnostics market are increased awareness and usage of personalized medicine. The companion diagnostics will grow eventually with growth of personalized medicine which in turn will drive the molecular diagnostics products and services market. It contains high prevalence rate of infectious diseases and various types of cancer. The new biomarkers are developed using molecular techniques which are applied in molecular diagnostics. It increases the growth in proteomics and genomics research. The molecular diagnostics market has some restraints such as it require new tools which contain complex platforms which require skilled and experienced workers. Because of mandatory training and complex regulatory framework gives delay approvals of new molecular diagnostic tests.

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How Big is the Global Molecular Diagnostics Market?

The molecular diagnostics market is expected to exceed more than US$ 10 Billion by 2021 growing at around 9% CAGR during the forecast period.
The scope of the report includes a detailed study of global and regional markets for various types of molecular diagnostics with the reasons given for variations in the growth of the industry in certain regions.

Table of Contents

1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Molecular Diagnostics Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Prevalence of Infectious Diseases and Various Types of Cancer
5.2.1.2 Increasing Awareness and Acceptance of Personalized Medicine and Companion Diagnostics
5.2.1.3 Growth in the Biomarker Identification Market and Advancements in Molecular Techniques
5.2.1.4 Reforms in the Reimbursement System in the U.S.
5.2.2 Restraints
5.2.2.1 Complex Regulatory Frameworks to Delay Approvals of New Molecular Diagnostic Tests
5.2.3 Opportunities
5.2.3.1 Advances in Genomics and Proteomics
5.2.3.2 Increasing Adoption of Point-Of-Care Testing
5.2.3.3 Significant Growth Prospects in Developing Countries
5.2.4 Challenge
5.2.4.1 Dearth of Trained Professionals Limiting the Appropriate Use of New Molecular Diagnostic Technologies
6 Molecular Diagnostics Market, By Application
7 Molecular Diagnostics Market, By Technology
8 Molecular Diagnostics Market, By Products and Services
9 Molecular Diagnostics Market, By End User
10 Molecular Diagnostics Market, By Region
11 Competitive Landscape
12 Company Profiles
12.1 Introduction
12.2 Abbott Laboratories
12.3 Qiagen N.V.
12.4 Roche Diagnostics
12.5 Hologic, Inc.
12.6 Grifols
12.7 Siemens Healthcare
12.8 Becton, Dickinson and Company
12.9 Beckman Coulter Inc. (A Wholly Owned Subsidiary of Danaher Corporation)
12.10 Biomérieux Sa
12.11 Cepheid Inc.

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