Molecular Diagnostics Market - Industry Insights, Size, Share and Forecast 2017-2025
Molecular diagnostics are laboratory tests, conducted to identify a disease by analyzing DNA, RNA or proteins in humans.
Molecular diagnostics are laboratory tests, conducted to identify a disease by analyzing DNA, RNA or proteins in humans.
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REPORT DESCRIPTION<br />
<strong>Molecular</strong> <strong>Diagnostics</strong> <strong>Market</strong> – Overview<br />
<strong>Molecular</strong> diagnostics tests are used for detecting disturbance between specific sequences in DNA or RNA, which<br />
may be associated with disease. The disturbance between a single nucleotide polymorphism (SNP), deletions,<br />
rearrangements, insertions, <strong>and</strong> others factors lead to various diseases. Disease that are diagnosed by using<br />
molecular diagnostic test includes infectious diseases, oncology, virology, <strong>and</strong> STDs.<br />
<strong>Molecular</strong> diagnostics are capable of detecting specific disease which helps in providing precision medicine to<br />
patients. Government of various economies are focused on research <strong>and</strong> development of precision medicine,<br />
which is expected to drive growth of the molecular diagnostics market over the forecast period. For instance, in<br />
2015, the U.S. government launched Precision Medicine Initiative (PMI), to increase awareness regarding<br />
advancement in the precision medicine field.<br />
High prevalence of infectious disease <strong>and</strong> increasing incidences of cancer are expected to be the major factor<br />
fueling growth of the market over forecast period. For instance, according to the Centers for Disease Control <strong>and</strong><br />
Prevention (CDC), in 2015, around 5,251 deaths were reported due to influenza infection in the U.S.
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