Global Molecular Diagnostics Market
Global Molecular Diagnostics Market was valued at USD 8.74 billion in 2019 which is expected to reach at USD 13.58 billion by 2030 at a CAGR 8.5%. Qualiket Research provide in depth analysis of global molecular diagnostics market with latest trends, and opportunities.
Molecular diagnostic technique is used to analyze and identify proteins or nucleic acids at a molecular level. This technique helps monitor and diagnose diseases as well as helpful to decide which therapy should be administered to patient. Also, this technique provides quantitative measurements which inform energy stage of care and management of health conditions.
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Key Players:
Major Key players are listed in global molecular diagnostics market report including Abbott Laboratories, Qiagen, Illumina, Hologic, Grifols, Diasorin, Danaher Corporation, Biomérieux, Becton, Dickinson and Company,and Agilent Technologies
Key Features
Reagents and kits held the largest market share in 2019 and which is also fastest growing product segment due to its high adoption in research and clinical settings.
Infectious diseases is also largest revenue generating factor as molecular diagnostics provide clinicians with better substitutes to diagnose various infectious pathogens, virus, and bacteria with accurate results.
Qualiket Research report provide in depth analysis with latest market trends and key developments.
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Regional Analysis
On the basis region global molecular diagnostics market is segmented into five regions including North America, Latin America, Europe, Asia Pacific, and Middle East Africa.
The North America is hold largest market share in molecular diagnostics market across the globe over the forecast period. Due to rise in geriatric population and easy availability of advanced healthcare infrastructure in this region. The Europe is the second largest region in global molecular diagnostic market during this forecast timeline. The increase in investments and funds for R D as well as increase in support from government for life science sector. In addition to that, Asia Pacific is fastest growing market due to developing economies such as India, China, and South Korea.
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