The global market for Molecular Diagnostics market reached a value of US$ 25.17 Bn. in 2023 and is anticipated to attain US$ 40.12 Bn. by 2030, showcasing a 7.14% CAGR during the forecast period.
Market Overview:
This research aims to provide a comprehensive outline of the Molecular Diagnostics market, encompassing segmentation, industry insights, and geographical analysis. It delves into key factors influencing the industry's growth and offers a detailed examination of the market's value chain.
Market Scope:
Our research methodology employs secondary research sources to gather revenue data from major suppliers, supplemented by vendor offerings to refine market segmentation. The bottom-up approach, utilizing revenue from leading firms, is employed to estimate the overall market size.
Drivers:
The market report encompasses major drivers and restraints shaping the Molecular Diagnostics market landscape.
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Segmentation:
by Product & Service
Reagents & Kits
Instruments
Services & Software
by Test Type
Lab Tests
PoC Tests
by Technology
Polymerase Chain Reaction (PCR)
Isothermal Nucleic Acid Amplification Technology (INAAT)
DNA Sequencing & Next- generation Sequencing (NGS)
In Situ Hybridization (ISH)
DNA Microarrays
Other Technologies
by Application
Infectious Diseases Diagnostics
Oncology Testing
Genetic Testing
Other Test Types
by End User
Diagnostic Laboratories
Hospitals & Clinics
Other
Key Players:
The report covers prominent players in the Molecular Diagnostics market, including:
North America:
1. Abbott Laboratories, Illinois, United States
2. Danaher Corporation, Washington, United States
3. Quest Diagnostics, New Jersey, United States
4. Hologic, Inc., Massachusetts, United States
5. Thermo Fisher Scientific, Massachusetts, United States
Europe:
1. bioMérieux, Lyon, France
2. Roche Diagnostics, Basel, Switzerland
3. Siemens Healthineers, Erlangen, Germany
4. QIAGEN, Hilden, Germany
Asia-Pacific:
1. Sysmex Corporation, Kobe, Japan
2. BGI Group, Shenzhen, China
3. Biocon, Bangalore, India
4. Mylab Discovery Solutions, Pune, India
5. Trivitron Healthcare, Chennai, India
6. XCyton Diagnostics, Bangalore, India
7. HLL Lifecare Limited, Thiruvananthapuram, India
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Regional Analysis:
Our research team conducted extensive primary and secondary research for a comprehensive study of the global Molecular Diagnostics market. Secondary research was conducted to enhance available data, segment the market, assess total market size, and forecast growth rate. Regional analysis is bolstered by insights from multiple stakeholders, regional policies, consumer behavior, and macroeconomic indicators.
Market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts are encouraged to conduct competitive analysis on each rival independently, leveraging regional insights.
COVID-19 Impact Analysis:
The research includes a thorough assessment of COVID-19's impact on the Molecular Diagnostics market, considering import, suppliers, and market players.
Key Questions Answered:
- Which segment dominated the Molecular Diagnostics market share?
- How was the competitive landscape of the Molecular Diagnostics market in 2020?
- What are the key growth drivers for the Molecular Diagnostics market?
- Which region held the largest market share in 2020?
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