Global Molecular Diagnostics Market Trends And Strategies Of Major Players In The Hotel And Other Travel Accommodation Market 2021-2030
25 Feb, 2021
The molecular diagnostics market consists of sales of molecular diagnostics services and related products. Molecular diagnostics is a term used to describe a class of techniques that are used to examine biological markers in the genetic code (genome) of an organism and to determine how their cells express their genes as proteins.
Global Molecular Diagnostics Market Size And Drivers:
The global molecular diagnostics market is expected to grow at a compound annual growth rate of 8.82% and reach $12.09 billion by 2023. The global prevalence of infectious diseases and cancers of different forms drives the molecular diagnostics market.
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Trends In The Global Molecular Diagnostics Market
The advances in genomics and proteomics is a key trend driving the growth of the molecular diagnostics market. Polymerase chain reaction (PCR) is a recent development in genomics and helps in discovering new approaches to molecular diagnosis for disease diagnosis and pathogenesis of diseases. This enables better monitoring and a fast diagnosis, and major organizations are investing to have a competitive edge.
Global Molecular Diagnostics Market Segments:
The global molecular diagnostics market is further segmented based on technology, product, application, end user and geography.
By Technology:Polymerase Chain Reaction (PCR), DNA Sequencing, Next-Generation Sequencing.
By Product:Instruments, Reagents and Consumables, Software & Services.
By Application:Oncology, Pharmacogenomics, Infectious Diseases, Genetic Testing, Neurological Disease, Cardiovascular Disease, Microbiology, Others.
By End-User:Hospitals, Laboratories, Others (Blood Banks, Home Health Agencies, and Nursing Homes).
By Geography:The global molecular diagnostics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global molecular diagnostics market.
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Molecular Diagnostics Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides molecular diagnostics market overviews, analyzes and forecasts market size and growth for the global molecular diagnostics market, molecular diagnostics market share, molecular diagnostics market players, molecular diagnostics market segments and geographies, molecular diagnostics market’s leading competitors’ revenues, profiles and market shares. The molecular diagnostics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.