Molecular Diagnostics Market by Product & Services (Reagents & Kits, Instruments, Services) Technology (PCR, Isothermal Nucleic Acid Amplification Technology, NGS & DNA Sequencing, In-situ Hybridization), Application (Infectious Diseases, Oncology, Genetic Testing), End Users (Diagnostic & Research laboratories, Pharmaceutical & Bio Technique Companies) and Region – Analysis & Forecast 2019-2030
Report ID : 10 | Published Date : Apr 2020 | Pages : 150 | Region : Global | Report Code : BT-5
Molecular Diagnostics Market Overview and Introduction
Global Molecular Diagnostics Market is estimated to be over US$ 6 Billion in 2018. It is anticipated to grow at a 8.7% CAGR from 2019 to 2030 and is expected to grow at a double digit in the forecasted period.The global Molecular Diagnostics market is segmented by product & services, technology, application, end user, and region.
Molecular Diagnostics technology is widely used in determining the sequence in DNA or genetic make-up, enzymes, proteins at molecular level with the use of kits, reagents and instruments. Various methods are used to determine sequence in Molecular Diagnostics that includes using instruments like PCR, DNA microarrays, RAPD among others. Molecular diagnostic is rapidly growing technology and has a prominent role in detecting infectious diseases, oncology, and genetic in drug discovery.
The global Molecular Diagnostics market is driven by technological advancements in the genomics arena, increasing research expenditure in molecular biology by private and government institutes, rise in infectious and chronic diseases, reduced price of sequencing are some major factors driving the market.
Molecular Diagnostics Market by Product & Services
On the basis of product & services, the molecular diagnostics market is segmented into reagents & kits, instruments and services. Reagents & kits accounted for the largest share of the market owing to growing number of genetic research and need to develop personalized medicine as there is a rise in cancer and genetic disorders.
Molecular Diagnostics Market by Technology
Based on technology, the market is segmented into PCR, NGS & DNA Sequencing, In-Situ Hybridization and Isothermal Nucleic Acid Amplification Technology and other techniques. The PCR segment is estimated to account for the largest share of the global Molecular Diagnostics market. The large share of this segment can be attributed to the technological advancement in PCR instrument and rise in application of PCR technology in genetic, prenatal and oncology studies.
Molecular Diagnostics Market by Application
On the basis of application the market is segmented into infectious diseases, oncology, genetic testing and other applications. Infectious diseases accounted for the largest share of the market, owing to factors such as rise in infectious diseases in developing countries and availability of advance molecular diagnostic products.
Molecular Diagnostics Market by End Users
On the basis of end user, the molecular diagnostics market is segmented into academic institutes & research centers, Hospitals & Clinics, and other end users. The hospitals & clinics segment is estimated to account for the largest share of the molecular diagnostics market. Growing number of diseases related to infectious diseases and cancer are some of the factors driving the growth of end-user segment.
Molecular Diagnostics Market by Regions
The global Molecular Diagnostics market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of molecular diagnostics, followed by Europe and Asia Pacific. North America will continue to dominate the global molecular diagnostics market in the forecast period, owing to factors such as highly developed healthcare system and presence of private and public funding. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as the rising focus of major players in emerging Asian countries & government support and prevalence of infectious diseases are driving the growth of the Molecular Diagnostics market in this region.
Molecular Diagnostics Market Prominent Players
The prominent players in the global Molecular Diagnostics market are Abbott Laboratories, Agilent Technologies, Thermo Fisher Scientific, Becton, Dickinson and Company, Illumina, QIAGEN N.V., Danaher Corporation, Hologic, F. Hoffmann-La Roche, and Biomerieux SA., among others.
Table of Contents
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Market Classification
- Geographic Scope
- Years Considered for the Study
- Historical Years – 2016 & 2017
- Base Year – 2018
- Forecasted Years – 2019 to 2030
- Currency Used for the Study
- Report Beneficiary List
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottoms Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations of the Study
- Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Technological Advancement
- Application Horizon Assessment
- Initiatives Assessment: Government & Private Bodies
- GLOBAL MOLECULAR DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY PRODUCT & SERVICES
- Introduction & Definition
- Kits & Reagents
- Instruments
- Services
- GLOBAL MOLECULAR DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY TECHNOLOGY
- Introduction
- PCR
- Isothermal Nucleic Acid Amplification Technology
- NGS & DNA Sequencing
- In-situ Hybridization
- Other Technologies
- GLOBAL MOLECULAR DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY APPLICATION
- Introduction
- Infectious Diseases
- Oncology
- Genetic Testing
- Other Applications
- GLOBAL MOLECULAR DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY END USER
- Introduction
- Academic Institutes & Research Centers
- Hospitals & Clinics
- Other End User
- GLOBAL MOLECULAR DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY REGION
- North America Molecular Diagnostics Market
- North America Molecular Diagnostics Market, By Country
- US
- Canada
- North America Molecular Diagnostics Market Analysis & Forecast, By Product & Services
- North America Molecular Diagnostics Market Analysis & Forecast, By Technology
- North America Molecular Diagnostics Market Analysis & Forecast, By Application
- North America Molecular Diagnostics Market Analysis & Forecast, By End User
- North America Molecular Diagnostics Market, By Country
- Europe Molecular Diagnostics Market
- Europe Molecular Diagnostics Market, By Country/Region
- Germany
- U.K
- France
- Rest of Europe (ROE)
- Europe Molecular Diagnostics Market Analysis & Forecast, By Product & Services
- Europe Molecular Diagnostics Market Analysis & Forecast, By Technology
- Europe Molecular Diagnostics Market Analysis & Forecast, By Application
- Europe Molecular Diagnostics Market Analysis & Forecast, By End User
- Europe Molecular Diagnostics Market, By Country/Region
- Asia Pacific Molecular Diagnostics Market
- Asia Pacific Molecular Diagnostics Market, By Country/Region
- China
- Japan
- India
- Rest of Asia Pacific (RoAPAC)
- Asia Pacific Molecular Diagnostics Market Analysis & Forecast, By Product & Services
- Asia Pacific Molecular Diagnostics Market Analysis & Forecast, By Technology
- Asia Pacific Molecular Diagnostics Market Analysis & Forecast, By Application
- Asia Pacific Molecular Diagnostics Market Analysis & Forecast, By End User
- Asia Pacific Molecular Diagnostics Market, By Country/Region
- Rest of the World (ROW) Molecular Diagnostics Market
- Rest of the World Molecular Diagnostics Market, By Country/ Region
- Latin America
- Middle East & Africa
- Rest of the World Molecular Diagnostics Market Analysis & Forecast, By Product & Services
- Rest of the World Molecular Diagnostics Market Analysis & Forecast, By Technology
- Rest of the World Molecular Diagnostics Market Analysis & Forecast, By Application
- Rest of the World Molecular Diagnostics Market Analysis & Forecast, By End User
- Rest of the World Molecular Diagnostics Market, By Country/ Region
- North America Molecular Diagnostics Market
- COMPETETIVE LANDSCAPE
- Market Share Analysis (2018)
- Key Strategies Assessment
- New Product Launches
- Merger & Acquisitions
- Agreements, Collaborations, & Partnerships
- Expansions
- Other Strategies
- COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
- Abbott Laboratories
- Agilent Technologies, Inc.
- Danaher Corporation
- Becton, Dickinson and Company
- Biomerieux SA
- Hologic
- F. Hoffmann-La Roche AG
- Qaigen
- Illumina, Inc.
- Thermo Fisher Scientific (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in )public domain
- APPENDIX
- Questionnaire
- Primary Interviews Transcripts
- Customization Options
- Profile of the Author