Molecular Diagnostics Market size to exceed $10 billion by 2023.

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Molecular Diagnostics Market Infectious
Disease, Technology
Trends and Applications
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(No Transcript)
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Research Report Insights

• Methodology and Scope
• Executive Summary
• Molecular Diagnostics Industry Insights
• Molecular Diagnostics Infectious Disease
  Insights
• Molecular Diagnostics Technology Insights
• Molecular Diagnostics Regional Insights
• Competitive Insights

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Global Market Scenario of Molecular
Diagnostics

• Molecular Diagnostics Market size, is poised to
  hit USD 10.03 billion by 2023 as per the latest
  research report by Global Market Insights, Inc.
• Strong and consistent regulatory support,
  encouraging RD spending, and enhanced use of
  diagnostics in home healthcare is likely to drive
  the global molecular diagnostics market size.
• Sexually transmitted disease diagnostics will
  remain a major revenue puller, with revenue
  targeted to exceed USD 1.5 billion by 2023. HIV
  and STD illustrate maximum penetration due to
  increasing occurrence and ease of diagnosis.
• Revenue from Hepatitis C diagnostics was USD
  529.5 million in 2015, with 8.8 CAGR growth
  anticipated for the next seven years. Chlamydia
  and Gonorrhea segments are forecast to see more
  than 9 CAGR gains.

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Continue.....

• Growing demand for early disease detection,
  especially in case of cancer due to increase in
  awareness levels, and advanced technologies such
  as DNA sequencing and microarrays as well as use
  of healthcare IT to facilitate accurate diagnosis
  is anticipated to enhance molecular diagnostics
  market growth.
• The rising number of infectious diseases and
  hospital acquired infections (HAI) is slated to
  drive industry growth during the forecast
  timeframe. Moreover, growing incidence rates of
  target disorders such as cardiovascular,
  neurological and genetic disorders is also
  expected to boost demand.
• Dengue and tuberculosis, presently have moderate
  industry penetration, however they may expand in
  revenue share, if preventive care is not
  exercised in developing and under-developed
  nations.

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Molecular diagnostics market size, by
infectious diseases, 2014 - 2023 (USD Million)
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360 Analysis
Application Analysis- In terms of technology,
PCR is identified to be largest segment grabbing
up to 46 molecular diagnostics market share in
2016. However, this share is expected to decline
in the coming years due to the fact that other
technologies such as in-situ hybridization and
genetic sequencing are expected to experience an
increase in demand over the forecast
period. Regional Analysis- North America, led
by U.S. molecular diagnostics market size, is
forecast to exceed USD 4.2 billion by 2023,
remaining the largest regional industry. China
and India molecular diagnostics market trend and
outlook are significantly positive, with strong
investment indicators for improving healthcare
infrastructure along with implementation of
policies promoting preventive healthcare
treatments that facilitate higher diagnostic
testing. Competitive Market Share- Global
molecular diagnostics market share was led by
Roche Diagnostics, Abbott Laboratories, and
Danaher Corporation, collectively grabbing a
share of around 48 in 2015.products.

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