Molecular Diagnostics Market worth $8.1 Billion by 2017

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MarketsandMarkets Presents
Molecular Diagnostics Market worth 8.1 Billion
by 2017
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lecular-diagnostic-market-833.html
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The new market research report Molecular
Diagnostics Market - Technologies (PCR, DNA
Sequencing, Microarray, Spectroscopy),
Applications (Virology/Infectious Diseases,
Cancer/Oncology, Genetic Testing) - Global
Opportunities, Competitor Analysis Forecasts to
2017 analyzes and studies the major market
drivers, restraints, and opportunities in North
America, Europe, Asia, and Rest of the
World. Browse 130 market data tables/ figures
spread through 391 pages and in-depth TOC of
Molecular Diagnostics Market - Technologies,
Applications - Global Opportunities, Competitor
Analysis Forecasts to 2017. http//www.markets
andmarkets.com/Market-Reports/molecular-diagnostic
-market-833.html Early buyers will receive 10
customization in this report.
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lecular-diagnostic-market-833.html
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Molecular diagnostics (MDx) is a new class of
diagnostic tests that identify nucleic acids or
proteins to test the status of a disease. These
identified nucleic acids or proteins belong to
individual patients or foreign organisms that
help to determine a specific therapy, or risk of
developing a specific disease or other health
conditions. MDx is the fastest growing segment
within the IVD space driven by accuracy, high
sensitivity, fast turnaround time, easy workflow
and cost-effective testing. However
reimbursement issues, delay in approvals of new
molecular diagnostic tests are restraining the
growth of this market. Free PDF
Brochure http//www.marketsandmarkets.com/pdfdown
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The global molecular diagnostics market is
estimated to be 4.8 billion in the year 2012
North America is the largest market, followed by
Europe, and Asia. Developed geographies like
North America and Europe are likely to grow at
low CAGRs. Advanced technologies and government
funding and well-established biotechnology
industries are driving these geographies.
However, the economic slowdown and the Eurozone
debt crisis are hindering the growth of these
geographies, though not to a great
extent.  Request for Customization http//www.ma
rketsandmarkets.com/requestCustomization.asp?id83
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lecular-diagnostic-market-833.html
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Growth in the Asian market, especially China and
India, is likely to be propelled by rising
chronic diseases, awareness about the use of
molecular tests to control the spread of these
diseases, rising disposable income, and focus of
major players in this market. This market will
grow at the highest CAGR from 2012 to 2017. Key
players in the molecular diagnostics market are
Roche Diagnostics (Switzerland), Novartis
(Switzerland), Gen-Probe (U.S.), Qiagen (The
Netherlands), Abbott Diagnostics (U.S.), Becton
Dickinson (U.S.) and Cepheid (U.S.), to name a
few. Enquiry before Buying http//www.marketsand
markets.com/Enquiry_Before_Buying.asp?id833
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lecular-diagnostic-market-833.html
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