Global Molecular Diagnostics Market will reach more than US$ 30 Billion by 2021- Industry Analysis, Size, Share, Growth
Molecular Diagnostics has emerged as one of the largest and fastest growing segment in the IVD industry. It is the most dynamic and transformative areas of diagnostics, leading to advances in research and treatment that are revolutionizing healthcare across a wide range of diseases and health conditions and has been driven by accuracy, high sensitivity, fast turnaround time, easy workflow, and cost–effective testing.
The global molecular diagnostics market is projected to reach more than US$ 30 Billion by 2021, at a CAGR of XX% from 2016 to 2021.The global market is mainly driven by chronic infections, growing geriatric population, increasing demand for personalized medicines, and R&D activities for biomarker identification equipped with emergence of new technology and applications. In addition, innovations in molecular diagnostics for treating cancer, government support for research and development, and high patient awareness levels are driving the growth of molecular diagnostic market
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North America dominates the global market of molecular diagnostics due to increasing incidence of infectious diseases and lifestyle associated diseases. North America controls more than 40% of the market share by the year 2021. Japan, China and India is expected to show high growth rates in the next six years in molecular diagnostics market.
On the basis of application, Molecular oncology tests have emerged as a significant rapidly growing market segment. Oncology test controls nearly 25% market share by the year 2021.
Other segments such as infectious diseases test and genetic testing is poised to be remarkable expansion in the near future. Growing demand for infectious diseases and genetic tests is an opportunity for global molecular diagnostics market.
In terms of technology, Biochips/Microarrays is the fastest growing segment and is expected to boom further within the forecast period. FISH & Innovations and PCR based test is expected to grow at the highest CAGR in the coming years.
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Table of Contents
1. Executive Summary
2. Global Molecular Diagnostics Market & Forecast (2010 – 2021)
3. Global Molecular Diagnostics Market Share (2010 – 2021)
3.1 Molecular Diagnostics Market Share & Forecast – Country Wise
3.2 Molecular Diagnostics Market Share & Forecast – Application Wise
3.3 Molecular Diagnostics Market Share & Forecast – Technology Wise
3.4 Molecular Diagnostics Market Share & Forecast – Company Wise
4. Global Molecular Diagnostics Market – Country wise Analysis (2010 – 2021)
4.1 North America – Molecular Diagnostics Market & Forecast
4.2 Europe – Molecular Diagnostics Market & Forecast
4.3 China – Molecular Diagnostics Market & Forecast
4.4 Japan – Molecular Diagnostics Market & Forecast
4.5 India – Molecular Diagnostics Market & Forecast
4.6 Brazil – Molecular Diagnostics Market & Forecast
4.7 Mexico – Molecular Diagnostics Market & Forecast
4.8 Korea – Molecular Diagnostics Market & Forecast
4.9 Rest of the World(ROW) – Molecular Diagnostics Market & Forecast
5. Global – Molecular Diagnostics Market – Application wise Analysis (2010 – 2021)
5.1 Infectious Disease Testing Market & Forecast
5.1.1 Human Immunodeficiency Virus/ Hepatitis C(HIV/HCV) Testing Market & Forecast
5.1.2 Sexually Transmitted Diseases(STD) Testing Market & Forecast
5.1.3 Human Papillomavirus(HPV) Testing Market & Forecast
5.1.4 Hospitals Associated Infections (HAI) Testing Market & Forecast
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