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Global Molecular Diagnostics Market Expected to Reach USD 8.7 Billion through 2019: Transparency Market Research
Date:7/22/2014

t growing sector across the globe. By far it is approached as the fastest growing sector of the in-vitro diagnostics market. This is clearly supported by the fact as now-a-days, the molecular diagnostics tests are widely performed for testing infectious diseases such as HIV, HPV, HCV, HAI, cancer testing, genetic diseases, HLA testing, and many others. There are molecular diagnostic kits available for pharmacogenetics and blood donor screening testing processes too.

Browse the full press release: http://www.transparencymarketresearch.com/pressrelease/molecular-diagnostics-market.htm.

The first-generation amplification, fluorescent in situ hybridization (FISH), DNA probes, and second-generation biochips and micro fluidics are the technologies that comprise molecular diagnostics.

Moreover, the next-generation signal detection, molecular labels, and biosensors are handful of other influencing factors that showcases the discovery of therapeutic molecules, optimization of drug therapy, and the screening and diagnosis of patients. The next-generation sequencing is developing rapidly owing to its prompt turnaround time, low cost, reduction in cost of sequencing, high sensitivity, and convenient workflow.

Molecular diagnostics is considered as a highly evolving market due to the rise in chronic infections, increasing investments in R&D, growing geriatric population, increasing demand for personalized medicines, and R&D activities for biomarker identification equipped with emergence of new technology and applications of various tests. Molecular diagnostics test is placed in the fast lane development so that infectious diseases testing, oncology testing, genetic testing, blood screening, cardiovascular testing and other med
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