Market Research Insights

  San Francisco, 27 Aug 2021:   The Report  Molecular Diagnostics Market  Size, Share & Trends Analysis Report By Technology (PCR, INAAT, Sequencing, Mass Spectrometry, TMA), By Product, By Test Location, By Application, By Region, And Segment Forecasts, 2021 - 2028 The global molecular diagnostics market size is expected to reach USD 49.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.9% from 2021 to 2028. This growth is owing to factors such as an increasing geriatric population, the outbreak of COVID-19, and the growing demand for point-of-care facilities. Molecular diagnostics play an important role in infectious disease testing as they can yield effective and fast results. Hence, the increasing prevalence of hospital-acquired infections and infectious diseases is projected to drive the market over the forecast period. Increasing incidence of cardiovascular, neurological, and g...

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 healt...