Molecular Diagnostics Market Revenue and Value Chain2016-2026

Molecular
Diagnostics
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016– 2026
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Report
Description
Report Description
Molecular diagnostics is a method of analyzing and identifying the biological markers in the
genome and proteome in order to identify gene expression by applying molecular biology.
Molecular diagnostics are used to diagnose disease and risk involved. Molecular Diagnostics
helps to decide the therapies are suitable for individual patients. The new advanced
technologies has qualified the instruments in providing accurate results. This ability of the
diagnostic tool resulted in increased rate of acceptance of the molecular diagnostics. The
concept of personalized medicine has emerged out of molecular diagnostics.
Molecular Diagnostics Market: Drivers & Restraints
The factors driving molecular diagnostic market are increase in demand for care facilities,
favorable regulatory policies which aims at promoting the care diagnosis, acceptance of
personalized medicine, development in biomarkers, advancements in proteomics, increasing
awareness of the diagnostic procedures. However rising cost of molecular diagnostics, obligation
of skilled labors to handle the complexity of instruments are the factors restraining the growth
of molecular diagnostics market.
Molecular Diagnostics Market: Segmentation
Molecular diagnostic market is classified on the basis of product, technology, application, end
use and geography.
Report
Description
Report Description
Based on product, the global molecular diagnostic market is segmented into the following:
•
Instruments
•
Reagents
•
Others (service and software)
Based on technology, the global molecular diagnostic market is segmented into the following:
•
DNA sequencing
•
Polymerase chain reaction
•
Isothermal Nucleic Acid Amplification Technology
•
Transcription Mediated Amplification (TMA)
•
In situ hybridization
•
Sequencing
•
Microarrays
•
Mass spectrometry
•
DNA sequencing
•
Others (southern blotting, northern blotting, electrophoresis)
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Based on application, the global molecular diagnostic market is segmented into following:
Report
Description
Report Description
•
•
•
•
•
•
•
Cancer
Pharmacogenomics
Genetic testing
Infectious disease
Prenatal
Neurological disease
Cardiovascular disease
Based on end use, the global molecular diagnostic market is segmented into following:
•
Diagnostic laboratories
•
Hospitals
•
Others( nursing home, blood banks, point of care)
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Molecular Diagnostics Market: Overview
The awareness of diagnosis is giving rise to the trend of self-care management. The early
diagnosis of disease or disorder helps the patient in getting better treatment and cure.
Infectious disease and Oncology is estimated to be the fastest growing application owing to the
increased prevalence of cancer and demand for early diagnosis.
Report
Description
Report Description
The introduction to specific biomarkers for the treatment has a positive impact over the
molecular diagnosis market. However maximum use of reagents is estimated owing to their
accurate results. Commonly used reagents are salts, formamide, sodium dodecyl sulfate and
dextran sulphate heparin. Growing awareness about the prenatal genetic testing for early
detection of chromosomal abnormalities during pregnancy has enhanced the use of molecular
diagnostics.
Molecular Diagnostics Market: Region-wise Outlook
Depending on geographic regions, the Global Molecular Diagnostics market is segmented into
seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific
Excluding Japan, Japan, and Middle East & Africa. North America is estimated to be the largest
player in molecular diagnostic market owing to the technological advancements and
innovations, increase in R&D investments by large pharmaceutical and biotechnological
industries and demand for early diagnosis. Asia Pacific is estimated in rising molecular diagnostic
market due to increase in the prevalence of diseases such as cardiovascular diseases, infectious
diseases and large population suffering from diabetes.
Report
Description
Report Description
Molecular diagnostics Market: Key Players
Some of the key players identified in the molecular diagnostic market are Abbott laboratories,
Becton Dickinson, Novartis, Roche Diagnostics, Johnson and Johnson, Bio-Rad Laboratories,
bioMerieux, Danaher Corporation, Qiagen N.V, Siemens Healthcare, Cepheid, Hologic, Inc,.
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