Research Report and Overview on Molecular Diagnostics Market, 2016-2026

Molecular Diagnostics
Market
Share, Global Trends,
Analysis, <strong>Research</strong>, <strong>Report</strong>,
Opportunities,
Segmentation <strong>and</strong> Forecast,
2016
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<strong>Report</strong> Description
Molecular diagnostics is a method of analyzing <strong>and</strong> identifying the biological markers in
the genome <strong>and</strong> proteome in order to identify gene expression by applying molecular
biology. Molecular diagnostics are used to diagnose disease <strong>and</strong> risk involved. Molecular
Diagnostics helps to decide the therapies are suitable for individual patients. The new
advanced technologies has qualified the instruments in providing accurate results. This
ability of the diagnostic tool resulted in increased rate of acceptance of the molecular
diagnostics. The concept of personalized medicine has emerged out of molecular
diagnostics.
Molecular Diagnostics Market: Drivers & Restraints
The factors driving molecular diagnostic market are increase in dem<strong>and</strong> for care facilities,
favorable regulatory policies which aims at promoting the care diagnosis, acceptance of
personalized medicine, development in biomarkers, advancements in proteomics,
increasing awareness of the diagnostic procedures. However rising cost of molecular
diagnostics, obligation of skilled labors to h<strong>and</strong>le the complexity of instruments are the
factors restraining the growth of molecular diagnostics market.
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Molecular Diagnostics Market: Segmentation
Molecular diagnostic market is classified on the basis of product, technology, application,
end use <strong>and</strong> geography.

<strong>Report</strong> Description
Based on product, the global molecular diagnostic market is segmented into the
following:
• Instruments
• Reagents
• Others (service <strong>and</strong> software)
Based on technology, the global molecular diagnostic market is segmented into the
following:
• DNA sequencing
• Polymerase chain reaction
• Isothermal Nucleic Acid Amplification Technology
• Transcription Mediated Amplification (TMA)
• In situ hybridization
• Sequencing
• Microarrays
• Mass spectrometry
• DNA sequencing

<strong>Report</strong> Description
• Others (southern blotting, northern blotting, electrophoresis)
Based on application, the global molecular diagnostic market is segmented into
following:
• Cancer
• Pharmacogenomics
• Genetic testing
• Infectious disease
• Prenatal
• Neurological disease
• Cardiovascular disease
Based on end use, the global molecular diagnostic market is segmented into following:
• Diagnostic laboratories
• Hospitals
• Others( nursing home, blood banks, point of care)
Molecular Diagnostics Market: <strong>Overview</strong>

<strong>Report</strong> Description
The awareness of diagnosis is giving rise to the trend of self-care management. The early
diagnosis of disease or disorder helps the patient in getting better treatment <strong>and</strong> cure.
Infectious disease <strong>and</strong> Oncology is estimated to be the fastest growing application owing
to the increased prevalence of cancer <strong>and</strong> dem<strong>and</strong> for early diagnosis. The introduction
to specific biomarkers for the treatment has a positive impact over the molecular
diagnosis market. However maximum use of reagents is estimated owing to their
accurate results. Commonly used reagents are salts, formamide, sodium dodecyl sulfate
<strong>and</strong> dextran sulphate heparin. Growing awareness about the prenatal genetic testing for
early detection of chromosomal abnormalities during pregnancy has enhanced the use of
molecular diagnostics.
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Molecular Diagnostics Market: Region-wise Outlook
Depending on geographic regions, the Global Molecular Diagnostics market is segmented
into seven key regions: North America, South America, Eastern Europe, Western Europe,
Asia Pacific Excluding Japan, Japan, <strong>and</strong> Middle East & Africa. North America is estimated
to be the largest player in molecular diagnostic market owing to the technological
advancements <strong>and</strong> innovations, increase in R&D investments by large pharmaceutical
<strong>and</strong> biotechnological industries <strong>and</strong> dem<strong>and</strong> for early diagnosis. Asia Pacific is estimated
in rising molecular diagnostic market due to increase in the prevalence of diseases such
as cardiovascular diseases, infectious diseases <strong>and</strong> large population suffering from
diabetes.

<strong>Report</strong> Description
Molecular diagnostics Market: Key Players
Some of the key players identified in the molecular diagnostic market are Abbott
laboratories, Becton Dickinson, Novartis, Roche Diagnostics, Johnson <strong>and</strong> Johnson, Bio-
Rad Laboratories, bioMerieux, Danaher Corporation, Qiagen N.V, Siemens Healthcare,
Cepheid, Hologic, Inc,.
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