Learn Details of the Advances in Molecular Diagnostics Market Forecast and Segments, 2016-2026

Molecular diagnostics is a method of analyzing and identifying the biological markers in the genome and proteome in order to identify gene expression by applying molecular biology. Molecular diagnostics are used to diagnose disease and risk involved. Molecular Diagnostics helps to decide the therapies are suitable for individual patients. The new advanced technologies has qualified the instruments in providing accurate results. This ability of the diagnostic tool resulted in increased rate of acceptance of the molecular diagnostics. The concept of personalized medicine has emerged out of molecular diagnostics.

Molecular Diagnostics Market: Drivers & Restraints

The factors driving molecular diagnostic market are increase in demand for care facilities, favorable regulatory policies which aims at promoting the care diagnosis, acceptance of personalized medicine, development in biomarkers, advancements in proteomics, increasing awareness of the diagnostic procedures. However rising cost of molecular diagnostics, obligation of skilled labors to handle the complexity of instruments are the factors restraining the growth of molecular diagnostics market.

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Molecular Diagnostics Market: Segmentation

Molecular diagnostic market is classified on the basis of product, technology, application, end use and geography.

Based on product, the global molecular diagnostic market is segmented into the following:

• Instruments

• Reagents

• Others (service and software)

Based on technology, the global molecular diagnostic market is segmented into the following:

• DNA sequencing

• Polymerase chain reaction

• Isothermal Nucleic Acid Amplification Technology

• Transcription Mediated Amplification (TMA)

• In situ hybridization

• Sequencing

• Microarrays

• Mass spectrometry

• DNA sequencing

• Others (southern blotting, northern blotting,...