Tag Archives: Molecular Diagnostics Market

Molecular Diagnostics Market will Going to be Worth US$3.29 bn by the End of 2025

Europe Molecular Diagnostics Market: Snapshot

The demand for molecular diagnostic systems has been increasing owing to the increasing automation in the research process. These systems aid in automating the process of DNA extraction, amplification and recording the analysis data. In addition, these systems offer a range of advantages such as increased efficiency, correctness of the data, and decrease in the time required, which contribute to garner market growth. Against this background, the Europe molecular diagnostics market is expected to be worth US$769.0 mn by the end of 2025 from US$395.7 mn in 2016. During the forecast period of 2017 and 2025, the regional market is expected to register a CAGR of 6.6%.

****** Molecular Diagnostics Market to Incur Steady Growth During 2015-2021

In-vitro diagnostics is a method of performing a diagnostic test to detect disease, condition or infection in an artificial environment. Molecular diagnostic is one of the major segments of in-vitro diagnostics market. Molecular diagnostics is used to measure and detect the presence of genetic material associated with specific disease. It is used to identify DNA and RNA at molecular level. Molecular diagnostics is a tool to improve clinical outcomes and medical decisions. Molecular diagnostic includes all tests used to identify a disease, by analyzing molecules such as DNA, protein or RNA in a fluid or tissue. Nowadays molecular diagnostics is used in early detection of infectious diseases, cancer and genetic disorder, by using molecular and genetic technologies. Molecular diagnostics is also used in detection of abnormalities in pre-natal stage. In addition, molecular diagnostic kits are used in pharmacogenetics testing and blood donor screening.

Molecular Diagnostics Market to Progress at a CAGR of 11.6% Between 2016 and 2025

The ****** molecular diagnostics market has been foretold in a report by Transparency Market Research (TMR) to demonstrate a reasonably consolidated nature of its vendor landscape as three leading companies had secured a combined share of 54.0% in 2015. The three companies, viz. F. Hoffmann-La Roche AG, Abbott Laboratories, and Danaher Corporation had showcased their dominance in the recent past. In order to develop innovative molecular diagnostic kits with enhanced functionalities, you could see a number of companies making massive research and development investments. Leading companies have been largely focusing on widening their product portfolios and tactical mergers and acquisitions to stay ahead of the competition.

****** Molecular Diagnostics Market 2018 Key Growth Drivers, Challenges, Demand and Upcoming Trends

The molecular diagnostics market was valued at over USD 6.40 billion in 2015. It is likely to grow at a CAGR of around 9% during the forecast period (2016-2024).

Increasing prevalence of infectious diseases, cancer, genetic disorders, and other contagious disease are likely to drive the molecular diagnostics industry. Hospital acquired infections and other communicable infections are expected to boost market growth in the coming eight years. Moreover prenatal genetic testing is also expected to increase the adoption of this diagnostics.

Molecular Diagnostics Market is Driven by Rapid Surge of Infectious Diseases

The Molecular Diagnostics Market was valued at over USD 6.40 billion in 2015. It is likely to grow at a CAGR of around 9% during the forecast period (2016-2024).

Increasing prevalence of infectious diseases, cancer, genetic disorders, and other contagious disease are likely to drive the molecular diagnostics industry. Hospital acquired infections and other communicable infections are expected to boost market growth in the coming eight years. Moreover prenatal genetic testing is also expected to increase the adoption of this diagnostics.

****** Molecular Diagnostics Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2024

****** Molecular Diagnostics Market are the tests that are carried out for the detection of sequences present in the DNA and RNA including deletions, insertions, rearrangements, single nucleotide polymorphism, and others for the diagnosis of diseases. ****** Molecular Diagnostics Market cumulative techniques analyze the biological markers at a molecular level, like proteome and genome. Molecular diagnostics are commonly used in the diagnosis of cancer, infectious diseases, and others. These are also used in the genetic predisposition checking to a disease.

 

 

Molecular Diagnostics Market 2018-2025: New Technology and Improvements in the Healthcare Sector

Molecular Diagnostics has emerged as one of the largest and fastest growing segment in the IVD industry. It is the most dynamic and transformative areas of diagnostics, leading to advances in research and treatment that are revolutionizing healthcare across a wide range of diseases and health conditions and has been driven by accuracy, high sensitivity, fast turnaround time, easy workflow, and cost–effective testing.

Objectives of the report are as follows: