Global Molecular Diagnostics Market size was US$ 25.17 Bn. in 2023 and is projected to reach US$ 40.12 Bn. by 2030, growing at a CAGR of 7.14% during the forecast period.

Market Overview:

A research team conducted extensive primary and secondary research for the global Molecular Diagnostics market study. Secondary research was used to supplement existing data, segment the market, assess total market size, and forecast market size and growth rate.

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Market Scope:

Our team at Maximize collects market information and data from multiple sources to provide a comprehensive regional perspective. The country-level analysis is based on reviews of various regional stakeholders, tax laws, policies, consumer behavior, and macroeconomic statistics.

Drivers:

The Molecular Diagnostics market report also covers major restraints and drivers affecting the market.

Segmentation:

For detailed segmentation:

by Product & Service

Reagents & Kits
Instruments
Services & Software

by Test Type

Lab Tests
PoC Tests

by Technology

Polymerase Chain Reaction (PCR)
Isothermal Nucleic Acid Amplification Technology (INAAT)
DNA Sequencing & Next- generation Sequencing (NGS)
In Situ Hybridization (ISH)
DNA Microarrays
Other Technologies

by Application

Infectious Diseases Diagnostics
Oncology Testing
Genetic Testing
Other Test Types

by End User

Diagnostic Laboratories
Hospitals & Clinics
Other

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Key Players:

North America:
1. Abbott Laboratories, Illinois, United States
2. Danaher Corporation, Washington, United States
3. Quest Diagnostics, New Jersey, United States
4. Hologic, Inc., Massachusetts, United States
5. Thermo Fisher Scientific, Massachusetts, United States

Europe:
1. bioMérieux, Lyon, France
2. Roche Diagnostics, Basel, Switzerland
3. Siemens Healthineers, Erlangen, Germany
4. QIAGEN, Hilden, Germany

Asia-Pacific:
1. Sysmex Corporation, Kobe, Japan
2. BGI Group, Shenzhen, China
3. Biocon, Bangalore, India
4. Mylab Discovery Solutions, Pune, India
5. Trivitron Healthcare, Chennai, India
6. XCyton Diagnostics, Bangalore, India
7. HLL Lifecare Limited, Thiruvananthapuram, India

Regional Analysis:

The Molecular Diagnostics Market report includes a country-level examination focusing on high-growth categories, countries with the largest market share, and those with the highest development potential. The regional breakdown includes:

  • North America (USA, Canada)
  • South America
  • Asia Pacific (China, Japan, India, Korea)
  • Europe (Germany, UK, France, Italy)
  • Other countries

COVID-19 Impact Analysis:

The report also examines the impact of COVID-19 on the global Molecular Diagnostics market.

Key Questions Answered in the Molecular Diagnostics Market Report:

  • Which product segment had the largest share in the Molecular Diagnostics market in 2020?
  • What is the projected competitive landscape of the Molecular Diagnostics market during the forecast period (2021-2027)?
  • What are the key factors driving growth in the Molecular Diagnostics market?
  • Which region held the maximum share in the Molecular Diagnostics market in 2020?
  • What will be the CAGR of the global Molecular Diagnostics market during the forecast period (2021-2027)?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from various industries. Our expertise includes medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies, among other services.

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