Navigation Links
MarketResearch.com Announces the Release of New Report Called The World Market for Molecular Diagnostics, 5th Edition
Date:5/10/2013

Rockville, MD (PRWEB) May 10, 2013

Tests aimed a molecular target for use in clinical decision-making will produce much faster revenue growth than traditional IVD tests, according to Kalorama Information. Kalorama Information said tests are a 5.2 billion dollar market and will grow 8% each year to 7.6 billion by 2017. That's four times as fast as revenue growth in standard chemistry tests and twice as fast as immunoassay markets, according to the company's IVD market research database. The finding was made in its recent report, The World Market for Molecular Diagnostics, 5th Edition.

The continued discovery of genetic markers with proven clinical utility and the increasing adoption of genetic based diagnostic tests are driving usage. The most attractive growth areas are molecular tests for histological analyses, women's health, infectious diseases, organ transplant testing and oncology. New tests are being launched all the time. Many molecular tests are CE Marked and FDA-cleared and many more are in development.

"These are exciting times for molecular diagnostics," said Shara Rosen, Kalorama Information's lead analyst and author of the report. "It represents one of the fastest growing segments of the diagnostics market. It has emerged fully from research into clinical practice."

Instrumentation now automates many of the sample preparation and assay steps that were formerly labor intensive. There are many new tests, technologies and companies. Competition is becoming very intense. The competition, according to Kalorama is not only between companies and products but also between technologies. There are RNA, DNA and protein patterns, sequencing, tissue arrays, circulating cells and cell-free nucleic acids. The ensemble of these elements create a market for a wide variety of options - multiplexed, rapid, user friendly test platforms such as microarrays, liquid bead arrays and other user-friendly technologies. But the report is careful to note that not all new technologies can be a success - with so many technologies and platforms to choose from, some of the valuable but less aggressively promoted products may fall by the wayside. Also, molecular tests, especially for inherited diseases and some FISH analyses are extremely complex. The tests provide raw data, the interpretation of which sometimes baffle even the most experienced molecular biologists.

"Optimism for the future benefits to modern medicine is tempered by the fact that the big payoff is still a way off," said Rosen. "Finding the genes that can raise the risk of an illness doesn't mean you can prevent the disease. And developing a treatment for it can take years."

One of the major challenges facing molecular testing is getting stakeholders including payers, physicians, researchers and regulators to work together to close the gap between research and clinical applicability. Physician education is another area that could advance the use of molecular assays. Still Rosen feels that the ensemble of these elements create a dynamic, energetic and fast-moving environment for new tests and companies. This chapter provides an overview of the market forces and their impact on molecular tests.

The report, The World Market for Molecular Diagnostics, 5th Edition presents further growth rates for sub markets within molecular testing, regional breakouts of revenue figures, important strategic conclusions for companies in the market, profiles of companies in the market.

The report can be found at: http://www.kaloramainformation.com/Molecular-Diagnostics-Edition-7295219/.

About Kalorama Information -- Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog.

Read the full story at http://www.prweb.com/releases/2013/5/prweb10711826.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. MarketResearch.com Announces Distribution of Quomeda Research
2. Advanced Remote Patient Monitoring Market Analysis and 2017 Forecasts in New Research Report at RnRMarketResearch.com
3. BRICS Mobility Aids and Transportation Equipment Market Analysis & 2018 Forecasts in New Research Report at RnRMarketResearch.com
4. Canada In Vitro Diagnostics Market Analysis and Forecasts to 2017 in New Research Report at RnRMarketResearch.com
5. UFC 162 Tickets: Cheap Concert Tickets Announces that Cheap UFC 162 Silva vs. Weidman Tickets Go Onsale Friday, May 10th
6. Sea Colony Tennis Center Announces May and June USTA Sponsored Events
7. DMG Productions Announces New Episode of Business Update, Focusing on Technology and Medicine
8. Lil Yogi's NYC Announces Second-Ever Kids Yoga Certification Mini Course: Lil Yogis for Big Yog's
9. hyperCision Labs Announces RegLearn 4.0, SAP-Certified Add-On for SAP Learning Solution
10. Detroit Style Pizza Co. Announces Gluten-Free Pizza Deal for Celiac Awareness Month
11. Critigen Managed Services Announces Implementation of ServiceNow for IT Service Automation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... ... March 24, 2017 , ... Infectious ... to hospitals in the United States, it’s a threat that is constantly changing ... facing infection prevention and offers strategies for the healthcare community to help decrease ...
(Date:3/24/2017)... , ... March 24, 2017 , ... The iaedp Foundation, ... other medical professionals caring for those suffering from the full spectrum of disordered eating, ... as eating disorders professionals from nearly all 50 states and several countries converged on ...
(Date:3/24/2017)... ... March 24, 2017 , ... Northridge ... now offering treatments for sleep apnea and TMJ at their office. TMJ, or ... , specifically the obstructive type, is increasingly being treated at dental offices with ...
(Date:3/24/2017)... Southlake, Texas (PRWEB) , ... March 24, 2017 ... ... make 2017 the year of enhancements, upgrading their training and leads programs. , ... Empower University. Reserved for elite sales agents, Performance Partners is designed to teach ...
(Date:3/24/2017)... ... March 24, 2017 , ... “The ... about real people of God in congregations across the United States. “The ... minister ordained in 1964 who has served congregations in seven states throughout his ...
Breaking Medicine News(10 mins):
(Date:3/24/2017)... YORK , March 24, 2017 FinancialBuzz.com News ... Medical cannabis products ... View Research, Inc., projects that the global medical cannabis market will reach ... is a major market for the new growing industry. By ... place to legally buy and sell medical cannabis. More conservative states like ...
(Date:3/24/2017)... Today Stock-Callers.com have issued research reports on four ... NVCN), Hologic Inc. (NASDAQ: HOLX), Edwards Lifesciences Corp. (NYSE: EW), ... companies are part of the Healthcare sector, which gave back ... , 2017, with the NYSE Health Care Index declining 0.2% ... the S&P 500 were down about 0.4% as a group. ...
(Date:3/24/2017)... Wash. , March 23, 2017  Mirabilis ... of advanced medical technology for non-invasive surgery, announced ... Mirabilis System for treatment of uterine fibroids throughout ... it had received approval from the US Food ... of the Mirabilis System in the United States.  ...
Breaking Medicine Technology: