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Molecular Diagnostics Market Size and Share

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Projected to grow at a CAGR of almost 9% from 2016 to 2024, the molecular diagnostics market is expected to witness significant growth over the forecast period owing to rapid surge of infectious diseases.
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Molecular Diagnostics Market Share, Size, Analysis, Growth,
Trends and Forecasts, 2016 to 2024 | Hexa Research
" Projected to grow at a CAGR of almost 9% from
2016 to 2024, the molecular diagnostics market is
expected to witness significant growth over the
forecast period owing to rapid surge of infectious
diseases. "
The Molecular Diagnostics Market was valued at over USD 6.40 billion in 2015. It is likely to grow at a CAGR
of around 9% during the forecast period (2016-2024).
Increasing prevalence of infectious diseases, cancer, genetic disorders, and other contagious disease are
likely to drive the molecular diagnostics industry. Hospital acquired infections and other communica ble
infections are expected to boost market growth in the coming eight years. Moreover prenatal genetic testing
is also expected to increase the adoption of this diagnostics.
Unhealthy lifestyle can further contribute to large number of people getting afflicted with chronic ailments
like cardiovascular disorders and diabetes. This with further propel market growth in the coming years.
Molecular diagnostics market is divided into products, technologies, applications, test location, and regions.
On the basis of products, the market is split into instruments, reagents, and others. Reagents segment held
the largest share in 2015 with revenues exceeding USD 3.5 billion. It is expected to grow at a CAGR surpasing
12%. Instruments segment is expected to show a significant growth in the coming years.
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Technologies consist of polymerase chain reaction (PCR), in-situ hybridization, chips and microarrays, mass
spectrometery, DNA sequencing, transportation mediated amplification, and others. PCR held the largest
market share of over USD 2.5 billion in 2015. Growth of this segment can be attributed to its high
incorporation among the researchers and healthcare professionals. DNA sequencing is likely to show a
growth of about 16% CAGR in the coming years.
Applications encompass oncology, pharmacogenomics, infectious diseases, genetic testing, neurological
diseases, cardiovascular diseases, and others. Infectious diseases segment was the largest application holding
market share exceeding 45% in 2015.
Oncology segment is anticipated to show a CAGR of about 13% till 2024. Rising awareness among people
regarding early cancer diagnosis is the key aspect propelling market growth of the segment.
Test location comprises of point of care (PoC), self test or over the counter (OTC), a nd central laboratories.
Central laboratories dominated the market with over 60% shares in 2015. The growth of the central
laboratories can be attributed to their large prominence in underdeveloped countries, rising awareness about
early detection of diseases, and high procedure volumes.
The PoC is expected to project a lucrative growth with a CAGR of more than 14%. The growth of this segment
can be attributed to the increasing demand of bedside patient monitoring and innovative technological
devices.
Regions are fragmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa
(MEA). America dominated the market with over 40% revenue share. Asia Pacific is likely to exhibit a growth
of around 12%CAGR in the coming years.
The key global players of the molecular diagnostics market include Siemens Healthcare GmbH, Novartis AG
(Grifols), F. Hoffmann-La Roche Limited, and Johnson & Johnson.
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Table of Content of Molecular Diagnostics Market
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast
1.1.3 Industry insights and validation
1.2 List of Data Sources
Chapter 2 Executive Summary
2.1 Molecular diagnostics industry 3600 perspective, 2016 - 2024
Chapter 3 Molecular Diagnostics Industry Insights
3.1 Market segmentation
3.2 Industry size, forecast and growth expectations, 2016 - 2024
3.3 Industry dynamics
3.3.1 Growth drivers
3.3.1.1 Technological advancements
3.3.1.2 Growing POC demand
3.3.1.3 Increasing geriatric population
3.3.1.4 Considerable R&D initiatives
3.3.1.5 Upward trend in disease prevalence
3.3.2 Industry pitfalls and challenges
3.3.2.1 Unclear regulatory landscape
3.3.2.2 Cost concerns
3.4 Key growth opportunities
3.4.1 Regional opportunities
3.4.2 Disease type opportunities
3.5 Porter’s analysis
3.6 PESTEL analysis
3.7 Company market share analysis, 2016
3.7.1 Key product landscape
3.7.2 Competitive landscape
Chapter 4 Molecular Diagnostics Infectious Disease Insights
4.1 Molecular diagnostics market share by infectious disease, 2016 & 2024
4.2 Flu
4.2.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.2.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.3 RSV (Respiratory Syncytial Virus)
4.3.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.3.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.4 Tuberculosis
4.4.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.4.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
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4.5 Meningitis
4.5.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.5.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.6 Chlamydia
4.6.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.6.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.7 Gonorrhea
4.7.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.7.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.8 HIV
4.8.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.8.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.9 Hepatitis C
4.9.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.9.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.10 Hepatitis B
4.10.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.10.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.11 HPV
4.11.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.11.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.12 STD
4.12.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.12.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.13 Dengue
4.13.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.13.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.14 H. pylori
4.14.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.14.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.15 TORCH
4.15.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.15.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
4.16 Others
4.16.1 Market estimates and forecast, 2016 - 2024 (USD Million)
4.16.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
Chapter 5 Molecular Diagnostics Technology Insights
5.1 Molecular diagnostics market share by technology, 2016 & 2024
5.2 PCR (Polymerase Chain Reaction) technology
5.2.1 Market estimates and forecast, 2016 - 2024 (USD Million)
5.2.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
5.2.3 Real time PCR
5.2.3.1 Market estimates and forecast, 2016 - 2024 (USD Million)
5.2.3.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
5.2.4 DNA/RNA Purification
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5.2.4.1 Market estimates and forecast, 2016 - 2024 (USD Million)
5.2.4.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
5.3 Others
5.3.1 Market estimates and forecast, 2016 - 2024 (USD Million)
5.3.2 Market estimates and forecast by region, 2016 - 2024 (USD Million)
Chapter 6 Molecular Diagnostics Regional Insights
6.1 Molecular diagnostics market share, by region, 2016 & 2024
6.2 North America
6.2.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.2.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.2.3 U.S.
6.2.3.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.2.3.1 Market estimates by technology, 2016 - 2024 (USD Million)
6.2.4 Canada
6.2.4.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.2.4.1 Market estimates by technology, 2016 - 2024 (USD Million)
6.3 Europe
6.3.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.3 Germany
6.3.3.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.3.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.4 UK
6.3.4.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.4.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.5 France
6.3.5.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.5.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.6 Spain
6.3.6.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.6.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.7 Portugal
6.3.7.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.7.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.8 Italy
6.3.8.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.8.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.9 Russia
6.3.9.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.9.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.10 Denmark
6.3.10.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.10.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.11 Norway
6.3.11.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
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6.3.11.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.12 Sweden
6.3.12.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.12.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.3.13 Israel
6.3.13.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.3.13.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4 Asia Pacific
6.4.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.3 Japan
6.4.3.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.3.1 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.4 China
6.4.4.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.4.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.5 India
6.4.5.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.5.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.6 Sri Lanka
6.4.6.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.6.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.7 Malaysia
6.4.7.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.7.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.8 Pakistan
6.4.8.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.8.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.9 Philippines
6.4.9.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.9.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.10 South Korea
6.4.10.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.10.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.11 Australia
6.4.11.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.11.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.12 New Zealand
6.4.12.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.12.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.13 Vietnam
6.4.13.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.13.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.4.14 Thailand
6.4.14.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.4.14.2 Market estimates by technology, 2016 - 2024 (USD Million)
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6.5 Latin America
6.5.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.5.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.5.3 Mexico
6.5.3.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.5.3.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.5.4 Brazil
6.5.4.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.5.4.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.5.5 Argentina
6.5.5.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.5.5.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.5.6 Colombia
6.5.6.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.5.6.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.5.7 Chile
6.5.7.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.5.7.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.5.8 Peru
6.5.8.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.5.8.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.6 Africa
6.6.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.6.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.6.3 South Africa
6.6.3.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.6.3.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.6.4 Nigeria
6.6.4.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.6.4.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.6.5 Morocco
6.6.5.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.6.5.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.6.6 Egypt
6.6.6.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.6.6.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.7 Middle East
6.7.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.7.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.7.3 Saudi Arabia
6.7.3.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.7.3.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.7.4 UAE
6.7.4.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.7.4.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.7.5 Jordan
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6.7.5.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.7.5.2 Market estimates by technology, 2016 - 2024 (USD Million)
6.7.6 Qatar
6.7.6.1 Market estimates by infectious disease, 2016 - 2024 (USD Million)
6.7.6.2 Market estimates by technology, 2016 - 2024 (USD Million)
Chapter 7 Competitive Insights
7.1 Abbott Laboratories
7.2 Alere Inc.
7.3 Bayer Healthcare
7.4 Becton Dickinson
7.5 bioMerieux
7.6 Bio-Rad Laboratories
7.7 Cepheid
7.8 Dako
7.9 Danaher Corporation
7.10 Hologic (Gen Probe)
7.11 Johnson & Johnson
7.12 Novartis (Grifols)
7.13 Qiagen N.V.
7.14 Roche Diagnostics
7.15 Siemens Healthcare
7.16 Sysmex Corporation
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