Global Molecular Diagnostics Market Trends And Forecast To Reach At CAGR of 10.38% Over 2016-2020
MarketResearchReports.Biz announces addition of new report "Global Molecular Diagnostics Market 2016-2020" to its database.
About Molecular Diagnostics
The traditional trial and error techniques that were used in the field of medicine are now being replaced by accurate, safe, marker-assisted, molecular-guided treatments. Molecular diagnostics is one such technique. This is a technique that involves measurement and analysis of DNA and RNA at the molecular level to detect changes in biochemical pathways. The aim of performing these tests is to determine the location of a disease and its activity. Wide scope of application, specificity, and quick turnaround time are factors that are contributing to its importance in the IVD market.
Technavios analysts forecast the global molecular diagnostics market to grow at a CAGR of 10.38% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global molecular diagnostics market for 2016-2020. To calculate the market size, revenue generated from the sales of equipment such as automated real-time PCR, mass spectroscopy, and DNA sequencing and DNA microarray diagnostic devices, consumables, and reagents is considered.
The market is divided into the following segments based on geography:
Technavio's report, Global Molecular Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Other prominent vendors
Key to cost-effective diagnosis of cancer
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
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