NEW YORK, Nov. 30 2015 /PRNewswire/ -- The molecular
diagnostics market is estimated to grow at a CAGR of 9.3% to reach
USD 9,333.8 million by 2020.
In this report, the molecular diagnostics market is broadly
segmented on the basis of technologies, applications, products
& services, and end users. On the basis of technology, the
market is segmented into PCR, INAAT, microarrays, hybridization,
DNA sequencing and next-generation sequencing , and other
technologies. Among these technologies, PCR is expected to command
the largest share while microarrays is expected to grow at the
highest rate.
The molecular diagnostics market, by application, is classified
into infectious diseases, oncology, genetics, blood screening,
microbiology, and others . The infectious diseases segment will
account for the largest share of the global molecular diagnostics
market in 2015, followed by the blood screening and oncology
segments.
On the basis of products and services, the molecular diagnostics
market is segmented into instruments, reagents, and services &
software. The reagents segment is expected to account for the
largest share and highest CAGR of the molecular diagnostics market
in 2015.
Based on end users, the market is segmented into hospital &
academic laboratories, reference laboratories, and others . As most
diagnostic tests are carried out in-house, the hospital &
academic laboratories segment is expected to dominate the market.
On the other hand, newly launched, complex, and highly specialized
tests are mostly offered only at a few large reference
laboratories, owing to which the reference laboratories segment is
expected to grow at the highest rate during the forecast
period.
The major factors driving this market are high prevalence of
infectious diseases and various types of cancer; increasing
awareness and acceptance of personalized medicine and companion
diagnostics; development of biomarkers; and advancements in
molecular techniques, proteomics, and reformations in the
reimbursement system. However, increased cost of molecular
diagnostics tools, dearth of skilled labor to handle new and
complex platforms, and the complex regulatory framework are the
major factors restraining the growth of the molecular diagnostics
market.
Major players operating in the molecular diagnostics market are
Roche Diagnostics , QIAGEN N.V. , Hologic Inc. , Grifols , Abbott
Laboratories , Siemens Healthcare , Becton, Dickinson and Company ,
Beckman Coulter Inc. , bioMérieux SA , and Cepheid Inc. .
Scope of the Report
This market study majorly covers the products and services,
applications, technologies, and end users for arriving at the
overall molecular diagnostics market size in the period from 2015
to 2020.
Years Considered for the Study
Market Segmentation
Molecular Diagnostics Market, by Products and Services
Instruments
Reagents
Services & Software
Molecular Diagnostics Market, by Technology
Polymerase Chain Reaction
Isothermal Nucleic Acid Amplification Technology
Hybridization [In Situ Hybridization & Fluorescent In Situ
Hybridization ]
DNA Sequencing and Next-generation Sequencing
Microarrays
Others
Molecular Diagnostics Market, by Application
Infectious Diseases
Oncology
Genetics
Blood Screening
Microbiology
Others
Molecular Diagnostics Market, by End User
Reference Laboratories
Hospital Laboratories
Others
Molecular Diagnostics Market, by Region
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia
Japan
India
China
Rest of Asia
Rest of the World
Latin America
o Brazil
o Mexico
o Rest of Latin America
Pacific Countries
Middle East & Africa
Read the full report:
http://www.reportlinker.com/p03411189-summary/view-report.html
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