Global Molecular Diagnostics Market – Overview:
The latest market intelligence report, titled ‘Global Molecular Diagnostics Market’, is intended to provide the target audience with the necessary information about the global Molecular Diagnostics industry. The report comprises a detailed analysis of the vital elements of the Molecular Diagnostics market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Molecular Diagnostics market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Molecular Diagnostics market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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. In addition, increasing use of Point-of-Care (POC) diagnostics testing equipment is being driven by need to make healthcare more patient-centered by organizing medical services around the patient rather than practitioner. Several patients find testing inconvenient as testing process is usually separate from consultation.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Molecular Diagnostics market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Molecular Diagnostics market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Molecular Diagnostics industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.
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Global Molecular Diagnostics Market Report – Table of Contents:
- Chapter 1 includes the global Molecular Diagnostics market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Molecular Diagnostics market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Molecular Diagnostics market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Molecular Diagnostics industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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The global Molecular Diagnostics market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Molecular Diagnostics market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
Becton, Dickinson and Company, Abbott Laboratories, Agilent Technologies, Danaher Corporation, bioMérieux SA, Hologic, Inc., Illumina, Inc., Roche Diagnostics, Siemens Healthcare Private Limited, and Diasorin.
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Global Molecular Diagnostics Market Segmentation:
- Product Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- DNA Sequencing and NGS
- Polymerase Chain Reaction (PCR)
- In Situ Hybridization
- DNA Microarrays
- Isothermal Nucleic Acid Amplification Technology (INAAT)
- Other technologies
- Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Infectious Diseases
- Genetic Testing
The report considers the following timeline for market estimation:
- Historical Years: 2018-2019
- Base Year: 2020
- Estimated Year: 2030
- Forecast Years: 2021-2030
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