Global Molecular Diagnostics in Infectious Disease Testing Market by Product Types, Applications, End-users, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The global molecular diagnostics in infectious disease testing market is anticipated to expand at a substantial CAGR during the forecast period. The growth of the market is attributed to advancement in molecular diagnostic tools and increasing geriatric population.
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Molecular diagnostics involves techniques used to analyze biological genes to know the reactions of their cells by applying molecular biology. The technique is used to identify, monitor and diagnose based on suitable therapies. Post analyzing the effects of disease on the patient there are prospects of advising personalized vaccination to avoid harmful effects and controlled amount content for quick recovery.
Market Trends, Drivers, Restraints, and Opportunities:
- Quick and effective results with minimal complexities as compared to other means of diagnosis is driving the growth of the market.
- Increasing subsidies and funding from government is fueling the growth of the market.
- Increasing prevalence of infectious diseases around the globe is steering the growth of the market.
- Strict regulatory framework and faulty diagnostics kits is expected to hamper the market growth.
- Globally, higher disposable income and need for timely diagnosis is anticipated to foster growth of the market in forecasted period.
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Competitive Landscape:
Major companies in global molecular diagnostics in infectious disease testing market includes Abbott Laboratories, Becton Dickinson and Company, bioMérieux, Thermo Fisher Scientific Inc, F. Hoffmann-La Roche Ltd, Siemens AG, Veridex, LLC, Luminex Corp, GenMark Diagnostics Inc, Qiagen N.V, Genomix Biotech, and bioTheranostics
The global molecular diagnostics in infectious disease testing market has been segmented on the basis of
Product Types
- Instruments & analyzers
- Assays & Reagents
- Services & Software Applications
Applications
- Hepatitis B
- Hepatitis C
- AIDS
- TB
- Methicillin-resistant Staphylococcus Aureus (MRSA)
- Hospital-acquired Infections
- Chlamydia Trachomatis & Neisseria gonorrhoeae (CT/NG)
- Human Papillomavirus (HPV)
- Others
Techniques
- Polymerase Chain Reaction (PCR)
- Isothermal Nucleic Acid Amplification Technology (INAAT)
- Microarrays
- Next-generation Sequencing (NGS)
- Hybridization
- Others
End-users
- Hospitals
- Private labs
- Clinics
- Academic Institutes
- Laboratories
- Others
Regions
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- Latin America
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Molecular Diagnostics in Infectious Disease Testing Market Overview
- Global Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast by Type
- Global Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast by Application
- Global Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast by Sales Channel
- Global Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast by Region
- North Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast
- Latin Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast
- Europe Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast
- Asia Pacific Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast
- Middle East & Africa Molecular Diagnostics in Infectious Disease Testing Market Analysis and Forecast
- Competition Landscape
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