Molecular Diagnostics Market Progressing At A CAGR Of 9.1% For The Forecast Period From 2019 To 2026 : Grand View Research Inc.
San Francisco, 16 July 2019: The Report Molecular Diagnostics Market Size, Share & Trends Analysis Report By Technology, By Test Location, By Product (Instruments, Reagents), By Application (Oncology, Infectious Diseases), And Segment Forecasts, 2019 – 2026 The global molecular diagnostics market size is expected to reach USD 19.8 billion by 2026, according to a new report by Grand View Research, Inc., progressing at a CAGR of 9.1% over the forecast period. Increasing prevalence of infectious diseases, such as human papillomavirus and influenza, is expected to be the primary force driving the market. Instruments such as PCR and next generation sequencing platforms are widely preferred by central laboratories and diagnostic institutes due to rapid nature of these tests in delivering quick and reliable results and high volume of diagnostic procedures in this segment. Associated advantages including user-friendly nature of these tests and quick healthcare delivery are estim