The latest market report published by Credence Research, Inc. “Global Molecular Diagnostics Market – Market Growth, Future Prospects, Competitive Analysis, 2017 – 2025,” the global molecular diagnostics market was valued at US$ 6,077.9 Mn in 2016, and is expected to reach US$ 12,358.6 Mn by 2025 expanding at a CAGR of 7.8 % from 2017 to 2025.
The Molecular Diagnostics Market Research Report Forecast 2017-2025 is an important source of insightful data for market strategists. It presents the Molecular Diagnostics industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Molecular Diagnostics Market study gives complete data which improves the understanding. [Continue reading…]
Molecular diagnostics has undergone tremendous technological advancement due to the growing need for personalized medication, rapid diagnosis to determine antibiotic regimen in order to prevent drug resistance and for the in-depth study of pandemic diseases such as Cholera, Swine flu, Dengue and Hepatitis A. In 2016, the reagents and kits held the largest revenue share for the product segment due to factors such as increasing number of clinics and laboratories performing diagnosis, rising public awareness leading to early disease diagnosis and treatment, and government initiatives to promote public health and welfare. Instruments will be the fastest growing segment among the considered products throughout the forecast period 2017-2025 as they are undergoing tremendous modifications corresponding to specific requirements and inbuilt applications make it easy for the skilled workforce to perform accurate diagnosis in lesser span of time.
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Analysis of trends in the global Molecular Diagnostics industry and interest for Molecular Diagnostics in various regions, including Asia-Pacific, Europe, and North America
Market size and value of Molecular Diagnostics used for commercial Molecular Diagnostics from 2011 to 2017 and forecast for eight years up until 2025
The qualitative study of drivers and limitations of Molecular Diagnostics Market
Key players in the global Molecular Diagnostics Market Include Abbott Laboratories, Inc., Novartis AG, Alere, Inc., Siemens Healthcare, Bayer AG, and F.Hoffman La Roche Ltd. etc. are few market leaders in molecular diagnostic market and compete to augment their foothold in the market.
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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