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

  • 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.

 

Market Taxonomy

By Products and Services

  • Reagents & Kits
  • Instrument
  • Software & Service

By Technology

  • Polymerase Chain Reaction (PCR)
  • DNA Sequencing and NGS
  • Isothermal Nucleic Acid Amplification Technology
  • DNA Microarrays
  • In Situ Hybridization
  • Others

By Application

  • Infectious Diseases
  • Oncology
  • Genetic Tests
  • Others

By End User

  • Hospital and Academics Laboratories
  • Reference Laboratories
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

 

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Molecular Diagnostics Market?
  • What will be the growth rate from 2019 to 2030?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

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