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Increasing Molecular Level Understanding of Disease State & Metabolism Drives the Molecular Diagnostics Market, According to New Report by Global Industry Analysts, Inc.
Date:7/24/2014

n clinical labs. Genomics and proteomics coupled with Nanobiotechnology and biochip, represent major technology drivers in the market. Additionally, the identification of new molecular biomarkers is facilitating the development of simple diagnostic tests that assay one or two biomarkers, as well as complex diagnostics comprising several biomarkers. These tests facilitate quicker and more precise diagnosis.

Latest advancements in DNA technology are revolutionizing the world of molecular genetics and genomic testing. Majority of recent developments are associated with electrochemical detection of DNA, next-generation sequencing, polymerase chain reaction (PCR)-based approaches, peptide nucleic acids (PNAs), biochips, fluorescent in situ hybridization (FISH), nanotechnology, as well as proteomic technologies. Further, the availability of high-resolution molecular cytogenetic analysis techniques is enabling researchers to identify duplications or deletions of DNA of thousands of nucleotides.

As stated by the new market research report on Molecular Diagnostics, the United States represents the largest market worldwide. Asia-Pacific and Latin America are forecast to fuel future growth in the market. Countries such as China, India, Singapore, and Brazil present wealth of opportunities encouraged by improving healthcare infrastructure, growing middle class population, high prevalence of chronic diseases, prospering economies, and increasing healthcare
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