The latest research report by Emergen Research, named ‘Global Molecular Diagnostics Market - Forecast to 2027 The report offers an accurate forecast estimation of the Molecular Diagnostics Market industry based on the recent technological and research advancements. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Molecular Diagnostics Market .
The global molecular diagnostics market size was USD 19.86 Billion in 2021 and is expected to register a revenue CAGR of 12.4% during the forecast period, according to the latest analysis by Emergen Research. Rise in prevalence of infectious diseases and increased use of point-of-care diagnostic tests are some of the key factors driving market revenue growth. Point-of-Care (PoC) diagnostic testing technologies offer various benefits over traditional diagnostic procedures including better prices, improved efficiency, and potential to provide quick data for decision-making.
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The North America market accounted for largest revenue share in 2021. Highly developed healthcare system in the U.S. and Canada, presence of numerous prominent national clinical laboratories, and simple access to technologically sophisticated instruments all contribute to revenue growth of the North American molecular diagnostics market.
Some major companies in the global market report Abbott Laboratories, BioMérieux SA, BD (Becton, Dickinson, and Company), Siemens Healthcare GmbH, Danaher Corporation, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Corporation, Qiagen, Quidel Corporation, and Myriad Genetics, Inc.
Covid 19 analysis :
The report is refurbished with the impact of the recent COVID-19 pandemic on the global Molecular Diagnostics Market . The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the Molecular Diagnostics Market . The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the Molecular Diagnostics Market post-COVID-19 crisis.
Market Scope:
One of the report’s central components is the broad Molecular Diagnostics Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past Molecular Diagnostics Market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
Segmentation:
Emergen Research has segmented the global molecular diagnostics market based on product service, technology, application, end-use, test location, and region:
Product Service Outlook (Revenue, USD Billion; 2019–2030)
Reagent Kits
Instruments
Software Service
Technology Outlook (Revenue, USD Billion; 2019–2030)
Polymerase Chain Reaction (PCR)
Isothermal Nucleic Acid Amplification Technology (INAAT)
In Situ Hybridization (ISH)
DNA Sequencing Next-Generation Sequencing
DNA Microarray
Transcription Mediated Amplification (TMA)
Others
Application Outlook (Revenue, USD Billion; 2019–2030)
Infectious Diseases
COVID-19
Hepatitis
Clostridium Difficile
Tuberculosis (TB) and Drug-resistant TB
HIV
Meningitis
Influenza
HPV
Respiratory Syncytial Virus (RSV)
Others
Oncology
Breast Cancer
Prostate Cancer
Cervical Cancer
Blood Cancer
Lung Cancer
Kidney Cancer
Others
Molecular Diagnostics Market Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What is the report in store for you?
Industry Scale and Forecast: Industry analysts have provided historical, current and expected forecasts of the industry scale from a value and volume perspective
Future Opportunities: In this section of the report, Molecular Diagnostics Market participants are provided with information about the likely future prospects offered by the Molecular Diagnostics Market industry Here,the authors of the report talked about the main trends and developments happening in the Molecular Diagnostics Market market and their impact on overall growth
Study of Industry segmentation:In this part of the report,a detailed analysis of the major Molecular Diagnostics Market industry segments, including product types, applications and verticals, was carried out
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Molecular Diagnostics Market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Molecular Diagnostics Market size
2.2 Latest Molecular Diagnostics Market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Molecular Diagnostics Market key players
3.2 Global Molecular Diagnostics Market size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Molecular Diagnostics Market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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