India Genomics and Molecular Diagnostics Market 2013-2018

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Date Submitted: 02/26/2015 05:46 AM

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India Genomics and Molecular Diagnostics Market Prospects to 2018 – Driven by Automation and Introduction of New Technologies’ presents a comprehensive analysis of the industry aspects including market size by value of molecular diagnostics market in India. The report also entails the market share analysis and company profiles of major players operating in the molecular diagnostics market of India. The future analysis, trends and developments, government regulations and segmentation by application have also been discussed in the industry research report.

The advent of the latest inventions and technologies in accurate detection and quicker screening, and the prolific growth in genetic testing have driven the revenues of the Indian molecular diagnostics market in recent years. The increase in the number of patients stricken with infectious diseases have propelled the revenue growth in FY’2013, which has increased 14.3% to INR ~ million from INR ~ million in FY’2012.

Reagents led the revenues from the molecular diagnostics space with a percentage contribution of ~% of the total market in fiscal year 2013. The market has transformed from being a labor intensive to the inclusion of latest technologies. Majority of the reagents sales have historically been attributed to the diagnosis of infectious diseases such as tuberculosis, gonorrhea, Chlamydia and influenza virus, as well as the identification and predisposition to several conditions such as cancer and cystic fibrosis.

The molecular diagnostics reagents market in India is segmented on the basis of application which includes virology tests, cancer detection, tuberculosis testing, blood screening, HPV testing and others. Molecular diagnosis helps in providing critical information that the healthcare providers and patients need in order to make the right decisions. Molecular diagnostics help in detecting and measuring the presence of genetic material which are associated with a specific health condition....