Report Synopsis
Amid COVID-19 outbreak, the global market for Molecular Diagnostics has created mixed opportunities for manufacturers all over the world. While some of the application segments, such as infectious diseases, is projected to record the highest growth during the pandemic period of 2019-2022, but other applications such as oncology etc. are estimated to face a reduction in demand during the same period.

Global Molecular Diagnostics market has generated a revenue of US$10.85 billion in 2019, and is estimated to be just over US$15 billion in 2020. During 2019 to 2022 period, which is said to be influenced by the Covid-19 pandemic, Infectious Diseases segment is anticipated to gain rapid demand, growing at a robust CAGR of 14.9%. Infectious Diseases segment, in which Covid-19 testing is a part, is estimated to generate an extra revenue of US$3.8 billion globally in 2020 compared to 2019.

Research Findings &Coverage

  • This most comprehensive report on Molecular Diagnostics, analyzes the global market with respect to technologies, product types, applications and end-use sectors
  • Molecular Diagnostics’ market size is estimated in this report by product types, technologies, applications and end-use sectors across all major countries
  • Molecular Diagnostics Take the Center Stage in COVID-19 Testing
  • COVID-19 Pandemic Takes Korean Testing Kits Demand to New Heights
  • New CRISPR-Based Technology Developed for COVID-19 Identification
  • Molecular Diagnostics of Infectious Diseases Undergo Dramatic Advancements
  • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
  • Major companies profiled – 46
  • The industry guide includes the contact details for 169 companies

Product Outline
The report analyzes the market for the following key technologies of Molecular Diagnostics:

  • PCR
  • Sequencing
  • Hybridization
  • Other

The market for key product types of Molecular Diagnostics studied in this report comprise the following:

  • Reagents & Consumables
  • Instruments
  • Software & Services

The market for major applications of Molecular Diagnostics explored in this report comprise the following:

  • Infectious Diseases
  • Oncology
  • Blood Testing
  • Genetic Testing
  • Prenatal Testing
  • Other

The report analyzes the market for the following end-use sectors of Molecular Diagnostics:

  • Hospitals & Diagnostics Labs
  • Research Institutes & Universities
  • Other

Analysis Period, Units and Growth Rates

  • The report reviews, analyzes and projects the global Molecular Diagnostics market for the period 2017-2026 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2019 through 2026

Geographic Coverage

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain and Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
  • Rest of World (Brazil, Argentina, Israel and Other Countries)