Growing Prevalence of Genetic Disorders and Growth Driven by Hospitals & Diagnostic Labs, Global Molecular Diagnostics Market is projected to Touch $20 Billion by 2024 - Market Report (2017-2024) by Industry Experts, Inc.
Industry Experts, Inc. published the new market research report " Global Molecular Diagnostics Market – Technologies, Products, Applications and End-Use Sectors ". Analysts at Industry Experts reveal that the reagents & consumables market is largest amongst the molecular diagnostics product types in 2018 estimated at US$7.1 billion. Emergence of novel next generation sequencing technologies, extensive use of next generation sequencing technologies in clinical diagnostics, application of sequencing technologies in cancer to detect mutations are some of the factors fueling the growth of sequencing technologies usage in the molecular diagnostics field. Growing prevalence of genetic disorders, rising demand for personalized medicine etc., are some of the factors attributed to the fastest growth nature of molecular diagnostics applications in Genetic testing. The market for Molecular Diagnostics applications analyzed in this study includes Infectious Diseases, Oncology, ...