Molecular Diagnostics Market
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<strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong> Pleased With Agilent Technologies’<br />
Introduction of Real-time PCR System in Europe<br />
By Products (Analyzers, Reagents) Technology (PCR, INAAT, Hybridization, DNA Sequencing Others)<br />
End Users (Hospitals, Clinical Laboratories, Academics) Applications (Oncology, Microbiology, Others)-<br />
Forecast (2017-2022)<br />
8/23/2017<br />
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• The <strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong> deals with the development and advancement of<br />
diagnostic tests which help in identifying specific sequences within DNA or RNA samples.<br />
Such molecular testing methods help in the accurate diagnosis of diseases and to assess<br />
the liability of a disease affecting an individual’s DNA.<br />
• <strong>Molecular</strong> diagnostics has undergone a massive revolution over the last couple of decades.<br />
The <strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong> is the main thrust behind the present change in medical<br />
services, prompting major leaps in knowledge in the field of genetic testing as well as<br />
biology at the molecular level. These developments encompass advanced molecular<br />
diagnostics which help in identifying cancer at an early stage, cutting-edge DNA<br />
sequencing, microarray technologies, etc.<br />
8/23/2017<br />
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Scope & Regional Forecast of the <strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong>:<br />
• Variables like rising reports of infections and cancer, improvement in awareness regarding<br />
molecular diagnostic testing, widespread availability of customized medicines, and various<br />
technical leaps made in biomarker testing are the key growth drivers of the <strong>Molecular</strong> <strong>Diagnostics</strong><br />
<strong>Market</strong>. On the other hand, the great difficulty with which molecular diagnostics companies gain<br />
approval for testing new techniques hampers the development of the market.<br />
• Currently, the North American region holds the highest share in the <strong>Molecular</strong> <strong>Diagnostics</strong><br />
<strong>Market</strong>, largely due to variables like the growing numbers of the aged or elderly, more cases of<br />
infections and chronic issues being reported, and more public preference for personalized<br />
medication. The European segment of the <strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong> is the second largest<br />
region due to the presence of an advanced healthcare system and implementation of sound<br />
policies.<br />
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8/23/2017<br />
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Segmentations & Key Players Involved in the <strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong> :<br />
• Products: Analyzers and Reagents.<br />
• Technology: PCR, INAAT, Hybridization, DNA Sequencing and Next Generation Sequencing,<br />
Microarray, Spectral Karyotype Imaging (SKI) and Others.<br />
• End-Users: Hospitals, Clinical Laboratories and Academics.<br />
• Applications: Infectious Disease (HBV, HCV, HIV, TB, CT/NG, HPV, MRSA, Others), Oncology<br />
(Prostate Cancer, Breast Cancer, Colorectal Cancer, Others), Genetic Disease Screening,<br />
Blood Screening, Microbiology and Others.<br />
• Geography: Americas, Europe, Asia-Pacific and Rest of the World.<br />
8/23/2017<br />
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Some of the key players involved in the <strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong> are as<br />
follows:<br />
• Johnson and Johnson<br />
• Bayer Healthcare AG<br />
• Alere Inc.<br />
• Leica Biosystems<br />
• Agilient Technologies, Inc<br />
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