Molecular Diagnostics Market is Probable to Influence the Value of USD 54.76 Billion, with Growing CAGR of 13.3% Forecast by 2030

Recent study report released by Data Bridge Market research titled Molecular Diagnostics Market (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support.The exploration provides a 360° view and insights, highlighting major outcomes of Molecular Diagnostics industry.

Data Bridge Market Research analyses that the molecular diagnostics market, which was USD 20.1 billion in 2022, would rise to USD 54.76 billion by 2030 and is expected to undergo a CAGR of 13.3% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Molecular diagnosis can detect the diseases such as hereditary diseases, infectious diseases, neurological diseases, cardiovascular diseases, and others by examining molecules such as DNA, RNA, and protein in a tissue or a fluid. Numerous methods, such as mass spectrometry, PCR, next-generation sequencing, in situ hybridization, molecular imaging, and others, are used to diagnose several diseases. Molecular diagnostics uses strong technologies such as DNA sequence analysis, gene expression profiling, and biomarker identification to identify disorders correctly.

The growing incidence of infectious diseases and cancer globally has increased the adoption of molecular diagnostics. The major market players are now primarily focused on technological advances in molecular diagnostics. Also, it has been witnessed during COVID-19 that the diagnostics industry faced much growth, with a race to develop novel and rapid diagnostics kits for the detection of coronavirus. In 2021, a 59% rise in revenue was reported by Thermo Fisher Scientific due to the diagnostics division that delivered 150% growth.

Some of the major players operating in the molecular diagnostics market are:

• F. Hoffmann-La Roche Ltd(Switzerland)
• Hologic, Inc., (U.S.)
• bioMérieux (France)
• Abbott (U.S.)
• QIAGEN (Netherlands)
• Thermo Fisher Scientific (U.S.)
• Siemens (Germany)
• Danaher (U.S.)
• Myriad Genetics Inc. (U.S.)
• Illumina Inc. (U.S.)
• Agilent Technologies Inc. (U.S.)
• BD (U.S), DiaSorin S.p.A (Italy)
• Grifols S.A. (Spain)
• Quidel Corporation(U.S.)
• Genetic Signatures (Australia)
• MDxHealth, Inc. (U.S.)
•  Exact Sciences Corporation (U.S.)
• Biocartis (Belgium)
• TBG Diagnostics Limited (Australia)
• GenMark Diagnostics Inc. (U.S.)
• Luminex Corporation (U.S.)
• HTG Molecular Diagnostics Inc. (U.S.)
• Vela Diagnostics (Singapore)
• Amoy Diagnostics Co., Ltd. (China)
• Molbio Diagnostics Pvt. Ltd. (India)
•  geneOmbio (India)

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Global Molecular Diagnostics Market Scope

The molecular diagnostics market is segmented on the basis of products, technology, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Products

• Reagents and Kits
• Instruments
• Services and Software

 Technology

• Mass Spectrometry (MS)
• Capillary Electrophoresis
• Next Generation Sequencing (NGS)
• Chips and Microarray
• Polymerase Chain Reaction (PCR)-Based Methods
• Cytogenetics
• In Situ Hybridization (ISH or FISH)
• Molecular Imaging
• Others

Application

• Oncology
• Breast Cancer
• Colorectal Cancer
• Lung Cancer
• Prostate Cancer
•  Other Cancers
• Pharmacogenomics
• Microbiology
• Prenatal Tests
• Tissue Typing
• Blood Screening
• Cardiovascular Diseases
• Neurological Diseases
• Infectious Diseases
• COVID-19
• Hepatitis
• HIV
• CT/NG
• HAI
• HPV
• Tuberculosis
• Influenza
• Others
• Others

End User

• Hospital
• Clinical Laboratories
• Academics

Key points covered in the report: –

• The pivotal aspect considered in the global Molecular Diagnostics Market report consists of the major competitors functioning in the global market.
• The report includes profiles of companies with prominent positions in the global market.
• The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
• The driving factors for the growth of the global Molecular Diagnostics Market are thoroughly explained along with in-depth descriptions of the industry end users.
• The report also elucidates important application segments of the global market to readers/users.
• This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
• The experts also evaluate the export/import policies that might propel the growth of the Global Molecular Diagnostics Market.
• The Global Molecular Diagnostics Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Molecular Diagnostics Market Landscape

Part 04: Global Molecular Diagnostics Market Sizing

Part 05: Global Molecular Diagnostics Market by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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https://www.databridgemarketresearch.com/toc/?dbmr=global-molecular-diagnostics-market&dv

Reasons to Buy:

• Review the scope of the Molecular Diagnostics Market with recent trends and SWOT analysis.
• Outline of market dynamics coupled with market growth effects in coming years.
• Molecular Diagnostics Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
• Regional and country level analysis combining Molecular Diagnostics Market and supply forces that are affecting the growth of the market.
• Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
• and strategies adopted by the players in the last five years.

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