Molecular Diagnostics Market Size, Share & Growth 2023-2028

Global Molecular Diagnostics Market Overview 2023-2028

The global molecular diagnostics market size reached US$ 18.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

Molecular diagnostics is a specialized field within medical testing dedicated to the detection and scrutiny of genetic materials such as DNA (deoxyribonucleic acid) and RNA (ribonucleic acid). Its primary purpose is to diagnose, track, and anticipate diseases by closely examining genetic material. This precise analysis offers exceptional sensitivity and specificity, facilitating the identification of gene mutations responsible for specific conditions. This technology plays a pivotal role in the early detection of various health conditions, encompassing genetic disorders, infectious diseases, and cancer. Additionally, it enables prenatal screening and the diagnosis of congenital abnormalities, providing essential information for well-informed decision-making during pregnancy.

Request a Sample Report:- https://www.imarcgroup.com/molecular-diagnostics-market/requestsample

Global Molecular Diagnostics Market Trends and Drivers:

The escalating occurrence of genetic disorders, accompanied by heightened individual awareness, stands as a pivotal driver fueling the need for molecular tests that pinpoint genetic mutations and variances. Furthermore, the increasing adoption of non-invasive prenatal testing (NIPT) for the assessment of chromosomal irregularities, eliminating the need for invasive procedures, is bolstering market expansion. Additionally, continual advancements in genomic sequencing and analysis technologies are enabling swifter, cost-efficient molecular diagnostic tests, further stimulating market growth. Moreover, the integration of molecular diagnostics into digital health platforms is facilitating seamless data exchange, remote monitoring, and personalized healthcare management, all of which contribute significantly to market expansion.

Global Molecular Diagnostics Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Abbott Laboratories, Agilent Technologies Inc., Becton Dickinson and Company, Biomerieux SA, Danaher Corporation, Diasorin Molecular LLC (DiaSorin), F. Hoffmann-La Roche AG (Roche Holding AG), Hologic Inc., Illumina Inc., Myriad Genetics Inc., Qiagen, Quidel Corporation and Thermo Fisher Scientific.

Ask to Analyst:- https://www.imarcgroup.com/request?type=report&id=5726&flag=C

The report segmented the market on the basis of region, product, technology, application and end users.

Breakup by Product:

• Reagents and Kits
• Instruments
• Software and Services

Breakup by Technology:

• Polymerase Chain Reactions (PCR)
• Hybridization
• DNA Sequencing
• Microarray
• Isothermal Nucleic Acid Amplification Technology (INAAT)
• Others

Breakup by Application:

• Infectious Diseases Diagnostics
• Oncology
• Genetic Testing
• Blood Screening
• Others

Breakup by End Users:

• Hospitals
• Laboratories
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Reports:

https://www.benzinga.com/pressreleases/23/08/33515744/cosmetic-chemicals-market-size-share-report-2023-2028

https://www.benzinga.com/pressreleases/23/08/33516636/ssl-vpn-market-size-industry-share-report-2023-2028

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

The post Molecular Diagnostics Market Size, Share & Growth 2023-2028 appeared first on Super Market Research.

COMTEX_439607731/2607/2023-09-06T02:20:18