![]() This allows for the detection of smaller amounts of genetic material, which can lead to earlier diagnosis and treatment of diseases. Development of new and more sensitive molecular diagnostic tests: New molecular diagnostic tests are constantly being developed, which offer increased sensitivity and specificity.As the prevalence of these diseases continues to grow, the demand for molecular diagnostics is also expected to grow. Increasing prevalence of chronic diseases: Molecular diagnostics can be used to detect and diagnose a wide range of chronic diseases, including cancer, heart disease, and HIV/AIDS.Some of the key drivers and opportunities for the molecular diagnostics market: If You Want To Know The Business Opportunity/Market Value, Purchase The Premium Insight BD launched the Verigene IVD System, a point-of-care molecular diagnostics platform that can detect a variety of infectious diseases.QIAGEN launched the Qiaseq Infinite M55 instrument, a high-throughput sequencer that can process up to 500 samples per day.This acquisition will help Roche expand its molecular diagnostics portfolio. Roche acquired GenMark Diagnostics for $1.8 billion.The molecular diagnostics market is highly competitive, with numerous players operating on a global scale. The increasing adoption of molecular diagnostics in developing countries.The growing demand for personalized medicine, which uses genetic information to tailor treatments to individual patients.The development of new and more sensitive molecular diagnostic tests.The increasing prevalence of chronic diseases, such as cancer, heart disease, and HIV/AIDS.This growth is being driven by a number of factors, including: The molecular diagnostics market is expected to grow significantly in the coming years. Stay Ahead with Market Intelligence Get Free Sample ![]() Molecular diagnostics can be used to detect diseases at an earlier stage, when they are more treatable, and to monitor the effectiveness of treatments. ![]() This technology can be used to identify specific genes, proteins, or other biological markers that are associated with a particular disease. Molecular diagnostics is a rapidly growing field that uses biological molecules to detect and diagnose diseases. ![]()
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