Learn about the global molecular diagnostics devices and equipment market through The Business Research Company, which provides information on molecular diagnostics devices and equipment market size, molecular diagnostics devices and equipment market drivers and restraints, molecular diagnostics devices and equipment market players, the COVID-19 impact on the molecular diagnostics devices and equipment market, and more.

The global molecular diagnostics devices and equipment market size is expected to grow from $24.19 billion in 2021 to $27.91 billion in 2022 at a compound annual growth rate (CAGR) of 15.3%. The global molecular diagnostics devices market is expected to grow to $46.87 billion in 2026 at a CAGR of 13.8%.

The growth in the molecular diagnostic devices and equipment market is attributed to factors such as the rapid rise in various bacterial and viral epidemics.

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The molecular diagnostics devices (or) equipment market consists of sales of molecular diagnostics devices and related services. Molecular diagnostics devices are used to diagnose infectious diseases and perform screening by detecting specific sequences in DNA or RNA at the molecular level. It helps doctors to prescribe more accurate therapeutic interventions in the early stages of a disease.

Global Molecular Diagnostics Devices And Equipment Market Segments Include:

By Product: Instruments, Reagents, Consumables

By End-User: Diagnostic Laboratories, Hospitals, Others (Nursing Home, Blood Banks, Point of Care)

By Technology: DNA (Deoxyribonucleic Acid Sequencing), Polymerase Chain Reaction, Isothermal Nucleic Acid Amplification Technology, Transcription Mediated Amplification (TMA), In Situ Hybridization, Microarrays, Mass Spectrometry, Others (Southern Blotting, Northern Blotting, Electrophoresis)

By Application: Cancer, Pharmacogenomics, Genetic Testing, Infectious Disease, Prenatal, Neurological Disease, Cardiovascular Disease

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the molecular diagnostics devices and equipment market in 2021.

The major players in the molecular diagnostic industry are focusing on developing automated solutions for devices and equipment used for molecular diagnostic processes. Automation of the process will help to enhance the productivity and consistency of the whole diagnostic process. Computerization of the diagnostic process gives reliable and efficient test results that manual testing by various experts does not. The major players of the industry are using nanotechnology-based Oral Fluid Nano Sensor Test (OFNASET).

TBRC’s molecular diagnostics devices and equipment market report covers:

Major Market Players: Roche Ltd, Hologic, QIAGEN, Abbott, Danaher Corporation, Bio-Rad Laboratories, Siemens Healthcare, Becton Dickinson and Company, Cepheid Inc, and bioMerieux S.A.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Molecular Diagnostics Devices And Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides molecular diagnostics devices and equipment market overviews, analyzes and forecasts market size, share, molecular diagnostics devices and equipment market players, molecular diagnostics devices and equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s molecular diagnostics devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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