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.
Market Drivers
Increase in prevalence of infectious diseases like COVId-19, influenza, HPV, HIV hepatitis, and Tuberculosis which is expected to boost the global molecular diagnostics market growth. Furthermore, increase in advancements in molecular diagnostics has facilitated detection of number of diseases and which will positively influence the market growth over the forecast period. Also, growing government and numerous organizations initiatives and findings for research and development in molecular diagnostics is projected to fuel the market growth during this forecast period. Moreover, increase in prevalence of hospital-acquired infections and infectious diseases are anticipated to raise the demand for molecular diagnostics market during this forecast timeline.
Market Restraints
Delay in the approval of molecular diagnostic products and tests are the major concerns which are expected to hinder the global molecular diagnostic market growth. Regulatory requirements applied to molecular diagnostics are becoming stringent which may limit the market growth.
Impact of COVID-19
The demand for molecular diagnostics products and services will increase due to COVID-19 pandemic across the globe. Also, sharp rise in supportive regularity landscape for product development and its launch as well as rise in target patient population will fuel the global molecular diagnostic market growth.
Market Segmentation
The report have segmented global molecular diagnostics market according to the product and services such as Reagents & Kits, Instruments, and Software & Service, by technology such as Polymerase Chain Reaction (PCR), DNA Sequencing and NGS, Isothermal Nucleic Acid Amplification Technology, DNA Microarrays, In Situ Hybridization, and Others, by application such as Infectious Diseases, Oncology, Genetic Tests, and Others. Further, market is segmented into end user such as Hospital and Academics Laboratories, Reference Laboratories, and Others.
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.
Market 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
Market Taxonomy
By Products and Services
By Technology
By Application
By End User
By Region
Key Questions Addressed by the Report
Global Molecular Diagnostics Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Molecular Diagnostics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Molecular Diagnostics Market, By Product & Service
5.1 Y-o-Y Growth Comparison, By Product & Service
5.2 Global Molecular Diagnostics Market Share Analysis, By Product & Service
5.3 Global Molecular Diagnostics Market Size and Forecast, By Product & Service
5.3.1 Reagent & Kits
5.3.2 Instrument
5.3.3 Software & Service
6 Global Molecular Diagnostics Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Molecular Diagnostics Market Share Analysis, By Technology
6.3 Global Molecular Diagnostics Market Size and Forecast, By Technology
6.3.1 Polymerase Chain Reaction (PCR)
6.3.2 DNA Sequencing and NGS
6.3.3 Isothermal Nucleic Acid Amplification Technology
6.3.4 DNA Microarrays
6.3.5 In- Situ Hybridization
6.3.6 Others
7 Global Molecular Diagnostics Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Molecular Diagnostics Market Share Analysis, By Application
7.3 Global Molecular Diagnostics Market Size and Forecast, By Application
7.3.1 Infectious Diseases
7.3.2 Oncology
7.3.3 Genetic Tests
7.3.4 Others
8 Global Molecular Diagnostics Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Molecular Diagnostics Market Share Analysis, By End User
8.3 Global Molecular Diagnostics Market Size and Forecast, By End User
8.3.1 Hospital and Academics Laboratories
8.3.2 Reference Laboratories
8.3.3 Others
9Global Molecular Diagnostics Market, By Region
9.1 Global Molecular Diagnostics Market Share Analysis, By Region
9.2 Global Molecular Diagnostics Market Share Analysis, By Region
9.3 Global Molecular Diagnostics Market Size and Forecast, By Region
10 North America Molecular Diagnostics Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 North America Molecular Diagnostics Product Market Share Analysis, By Product & Service
10.3 North America Molecular Diagnostics Product Market Size and Forecast, By Technology
10.4 North America Molecular Diagnostics Product Market Size and Forecast, By Application
10.5 North America Molecular Diagnostics Product Market Size and Forecast, By End User
10.6 North America Molecular Diagnostics Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Molecular Diagnostics Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Europe Molecular Diagnostics Product Market Share Analysis, By Product & Service
11.3 Europe Molecular Diagnostics Product Market Size and Forecast, By Technology
11.4 Europe Molecular Diagnostics Product Market Size and Forecast, By Application
11.5 Europe Molecular Diagnostics Product Market Size and Forecast, By End User
11.6 Europe Molecular Diagnostics Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Molecular Diagnostics Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Asia Pacific Molecular Diagnostics Product Market Share Analysis, By Product & Service
12.3 Asia Pacific Molecular Diagnostics Product Market Size and Forecast, By Technology
12.4 Asia Pacific Molecular Diagnostics Product Market Size and Forecast, By Application
12.5 Asia Pacific Molecular Diagnostics Product Market Size and Forecast, By End User
12.6 Asia Pacific Molecular Diagnostics Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Molecular Diagnostics Market Analysis and Forecast (2020 – 2030)
13.1 Introduction
13.2 Latin America Molecular Diagnostics Product Market Share Analysis, By Product & Service
13.3 Latin America Molecular Diagnostics Product Market Size and Forecast, By Technology
13.4 Latin America Molecular Diagnostics Product Market Size and Forecast, By Application
13.5 Latin America Molecular Diagnostics Product Market Size and Forecast, By End User
13.6 Latin America Molecular Diagnostics Product Market Size and Forecast, By Country
14Middle East Molecular Diagnostics Market Analysis and Forecast (2020 – 2030)
14.1 Introduction
14.2 Middle East Molecular Diagnostics Product Market Share Analysis, By Product & Service
14.3 Middle East Molecular Diagnostics Product Market Size and Forecast, By Technology
14.4 Middle East Molecular Diagnostics Product Market Size and Forecast, By Application
14.5 Middle East Molecular Diagnostics Product Market Size and Forecast, By End User
14.6 Middle East Molecular Diagnostics Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Abbott Laboratories
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Qiagen
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Illumina
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Hologic
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Grifols
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Diasorin
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Danaher Corporation
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Biomérieux
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Becton, Dickinson and Company
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Agilent Technologies
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies