Global Molecular Diagnostics Market will be USD 22 Billion by 2025 - Renub Research

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Global Molecular Diagnostics Market
Global Molecular Diagnostics Market
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Report Description and Highlights
Molecular Diagnostics Market Share Global
Forecast, By Application, Technology, End User,
Regions, Companies (Roche, Abbott, Myriad
Genetics, Qiagen, BioMérieux and Others) provides
a complete analysis of Molecular Diagnostics
Market. Coronavirus impact on Molecular
Diagnostics Market  Molecular diagnostics is the
one industry which has directly benefited from
COVID-19. Primarily as the number of coronovirus
patient numbers begin to surge globally. The
governments all over the world in response to the
growing COVID-19 pandemic began to start massive
testing. We expect in the year 2020, the
molecular diagnostics market is expected to grow
in double digit CAGR. According to Renub
Research analysis, Global Molecular Diagnostics
Market is anticipated to cross USD 22 Billion by
the end of year 2025. The major factors that
support the market growth are the prevalence of
Infectious diseases (COVID-19) are growing at
rapid pace across the world, increasing
diagnostic center worldwide, advancement of
technology etc.
Global Molecular Diagnostics Market
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Global Molecular Diagnostics Market
Molecular diagnostics is a set of methods used to
examine Biological genome and proteome markers by
applying molecular biology to medical tests the
genetic code of the organism and how their cells
express their genes as proteins. During the
1990s, the discovery of newly discovered genes
and new DNA sequencing techniques led to the
emergence of a distinct field of molecular and
genomic laboratory medicine in 1995, the
Molecular Pathology Association (AMP) was formed
to give it structure. In vitro biological assays
such as PCR-ELISA or in situ fluorescence
hybridization are used in molecular diagnostics.
The test identifies a molecule that is a disease
marker or risk in a sample taken from a patient,
often in low concentrations.
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Global Molecular Diagnostics Market
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Global Molecular Diagnostics Market
The other growth factors of molecular diagnostic
market are rising global economy, increasing
healthcare expenditure by public and private
partnership model, increasing out of pocket
expenditure, expansion of reimbursement policies,
increasing healthcare insurance coverage
regarding diagnostic, rising consumer awareness
regarding molecular diagnostic testing,
increasing incidence of influenza, Hepatitis, HIV
and others disease etc. Nowadays, a new
diagnostic technique is being practiced in order
to combat infectious diseases such as molecular
diagnostic testing, which is quite fast and
accurate. The number of cancer patients is
growing very rapidly, so the demand for molecular
diagnostic tests is expected to grow at a rapid
pace in the coming time.
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Global Molecular Diagnostics Market
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Global Molecular Diagnostics Market
Molecular diagnostic is considered as accurate
diagnosis over conventional diagnostic technique.
Increasing cases of cardiovascular disease and
genetic disorder across the world will further
propel the market in coming future. Nanopore
Technologies ' marketing of MinION, an
inexpensive and compact sequencer, is ideal for
use in small laboratories and point-of-care
facilities, which is expected to improve the
molecular diagnostics market. The overall
prevalence rate of hospital-acquired infections
in 2019 was 4.5 percent, and 7.1 percent,
respectively, in the U.S. and Europe, according
to the WHO. Molecular diagnostics play an
essential role in infectious disease research as
they provide quick and effective tests.
Global Molecular Diagnostics Market
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Global Molecular Diagnostics Market

• Market Summary
• The report provides detailed market analysis of
  molecular diagnostic testing by application in
  ten parts infectious diseases, genetic testing,
  blood screening, oncology, HLA (typing of
  tissue), microbiology, neurological diseases,
  pharmacogenomics, cardiovascular diseases, and
  others.
• The market is divided into six parts PCR, TMA,
  Hybridization (In-situ Hybridization FISH), DNA
  Sequencing NGS, Microarray and Others. In
  addition, several factors that influence the
  growth, challenges and market opportunities in
  the technological context are analyzed.
• The report provides full market analysis through
  types of end users Hospitals Academic
  Laboratories, Clinics Commercial Laboratories,
  and Others. Hospitals Academic Laboratories
  will hold in the projected period of time the
  largest market in the global molecular diagnostic
  test market.
• The report covers 10 global market's full
  geographical profile United States, Europe,
  India, China, Japan, Brazil, South Korea, Mexico,
  Russia, and the Rest of the World (ROW).

Global Molecular Diagnostics Market
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Key Topics Covered in Global Molecular
Diagnostics Market

• Key Topics Covered
•    Executive Summary
• 2.    Global Molecular Diagnostic Market
• 3.    Market Share Global Molecular Diagnostics
• 3.1    By Application 3.2    By Technology3.3  
   By Countries 3.4    By Companies
• 4.    Application Molecular Diagnostics Market
• 4.1    Infectious Diseases 4.2    Blood
  Screening4.3    Oncology / Cancer 4.4  
   Genetic Testing4.5    HLA (Tissue Typing) 4.6
     Microbiology4.7    Cardiovascular
  Diseases 4.8    Neurological Diseases4.9  
   Pharmacogenomics 4.10    Others

Global Molecular Diagnostics Market
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Key Topics Covered in Global Molecular
Diagnostics Market
5.    Technology Molecular Diagnostics
Market 5.1    PCR5.2    Transcription-Mediated
Amplification (TMA)5.3    Hybridiazation
(In-situ Hybridiazation FISH)5.4    DNA
Sequencing NGS5.5    Microarray5.6  
 Others 6.    Region - Molecular Diagnostics
Market 6.1    United States 6.2    Europe 6.3  
 India6.4    China 6.5    Japan 6.6  
 Brazil6.7    South Korea 6.8    Mexico 6.9  
 Russia6.10    Rest of World (ROW)
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Key Topics Covered in Global Molecular
Diagnostics Market
8.    Roche Diagnostics Company Analysis 8.1  
 Merger Acquisitions 8.2    Sales Analysis 9.
   Abbott Laboratories Company Analysis 9.1  
 Merger Acquisitions 9.2    Sales Analysis 10.
   Myriad Genetics Company Analysis 10.1  
 Merger Acquisitions 10.2    Sales
Analysis 11.    Qiagen Company Analysis 11.1
   Merger Acquisitions 11.2    Sales
Analysis 12.    BioMérieuxs Inc Company
Analysis 12.1    Merger Acquisitions 12.2  
 Sales Analysis
Global Molecular Diagnostics Market
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Key Topics Covered in Global Molecular
Diagnostics Market
13.    Market Drivers 13.1    Various
Developments in the Molecular Diagnostics
Landscape    13.2    Integral to Traditional
Labs13.3    Improved Assay / Test
Efficiencies13.4    Targeting Antibiotic
Resistance13.5    Next Generation Ultrasensitive
Molecular Diagnostics13.6    Increasing
Investment in Genomics Proteomics Research13.7
   Technological Advances in Molecular
Diagnostics13.8    Increasing Acceptance of the
Personalized Medicine13.9    Growing Molecular
Diagnostics for Food Safety 14.  
 Challenges 14.1    Dearth of Trained
Professionals 14.2    Regulatory
Issues14.3    Various Factors Slowing Growth of
Molecular Diagnostics 14.4    Reimbursement
Capabilities14.5    Quality Checkpoints,
Awareness Acceptance
Global Molecular Diagnostics Market
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Global Molecular Diagnostics Market
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Global Molecular Diagnostics Market