Global Molecular Diagnostics Market to Grow at 9% CAGR, Predicts iGATE in Its New Report Available at MarketPublishers.com27 Sep 2016 • by Natalie Aster
LONDON – The market for molecular diagnostics represents one of the swiftest growing segments of the in vitro diagnostics industry.
North America (and the USA, in particular) is the global leader given rising incidence of chronic diseases, availability of government funds, high awareness of personalized medicine, and more.
Besides, major players have easy access to this country making this market very lucrative. Europe is another leading marketplace.
Introduction of new molecular diagnostic tests to this space is one more factor favoring the market growth.
Globally, the marketplace is driven by the rising demand for automated and easy-to-handled techniques, the need for swift diagnoses techniques, to name a few.
As of 2015, the largest share of the global marketplace belonged to infectious disease controls.
The world’s market is expected to grow at a 9% CAGR over the period 2010-2021.
In the USA alone, the number of molecular test being performed in the country is forecast to surpass the 300 million mark by 2020.
The world’s marketplace is ruled by Biochips and FISH and Innovations, among others.
New research report “Molecular Diagnostics Market and Forecast to 2021 - Global Analysis” drawn up by iGATE Research Pvt. Ltd. offers a comprehensive guide to the global molecular diagnostics market. The study provides a 360-degree overview of this marketplace. It examines the marketplace on the basis of applications and technology.
The report canvasses regional markets and concentrates on major countries. Driving factors of the global space along with challenges are highlighted in the research study, too. Future outlook through 2021 are on hand in the research report, too.
- insightful overview of the marketplace;
- coverage of top trends;
- insights into the dynamics;
- investigation of segments;
- future outlook;
- and more.
More new studies by the publisher are available at iGATE Research page.