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#Point of Care Molecular Diagnostics manufacturing Companies
insightslicelive · 2 years
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Point of Care Molecular Diagnostics Market is experiencing boost at an infinite speed By 2032 | Johnson and Johnson, Abbott Laboratories, F. Hoffmann-La Roche AG
Point of Care Molecular Diagnostics Market is experiencing boost at an infinite speed By 2032 | Johnson and Johnson, Abbott Laboratories, F. Hoffmann-La Roche AG
The research report studies the Global Point of Care Molecular Diagnostics market 2023-2032 using a robust research methodology to provide accurate and in-depth information about the industry. For a clearer understanding, it is structured into several chapters and sections to cover different aspects of the industry. The data analysts have used primary and secondary research to seek authentic…
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meridianbioscience · 10 days
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Meridian Bioscience: Pioneering Diagnostics and Molecular Innovations
Meridian Bioscience is a globally recognized company in the field of life sciences, specializing in the development and production of diagnostic solutions and molecular reagents. With over four decades of expertise, Meridian has consistently driven advancements in healthcare by offering cutting-edge technologies designed to improve the accuracy and speed of disease diagnosis.
A Comprehensive Approach to Diagnostics
Founded in 1977, Meridian Bioscience has expanded its focus to provide a wide range of diagnostic products aimed at tackling some of the most pressing healthcare challenges. The company serves multiple sectors within the healthcare and life sciences industries, with a significant emphasis on early detection of diseases and improving patient outcomes.
Meridian’s diagnostic products are used in the detection of a variety of diseases, including gastrointestinal, respiratory, and pediatric conditions. Their innovations in molecular diagnostics have played a pivotal role in enhancing the way healthcare professionals diagnose infectious diseases, including viral and bacterial infections. Their tools have been indispensable during public health crises, such as the COVID-19 pandemic, where accurate and rapid testing was essential.
Product Portfolio: Molecular Diagnostics and Immunoassay Reagents
Meridian Bioscience offers a diversified product portfolio that is divided into two core segments: Life Science and Diagnostics. Each division plays a vital role in meeting the growing needs of the healthcare sector.
Life Science Division
Meridian’s Life Science division focuses on molecular reagents that are essential for various forms of biological research and diagnostic development. These products are supplied to laboratories, pharmaceutical companies, and research organizations worldwide. The division is well known for producing high-quality antigens, antibodies, and other reagents used in molecular and immunoassay diagnostics.
One of the hallmark products in the Life Science division is the Lyo-Ready™ reagents, which are lyophilization-ready molecular reagents that are used to manufacture molecular diagnostic kits. The ability to produce ready-to-use molecular reagents significantly reduces preparation time for labs and makes the diagnostic process more efficient.
Meridian also specializes in offering Enzyme Systems, such as DNA polymerases and reverse transcriptases, which are integral to molecular testing techniques like PCR (Polymerase Chain Reaction). These enzyme systems are renowned for their accuracy and efficiency, enabling researchers and laboratories to deliver highly sensitive test results in a short time frame.
Diagnostics Division
In the Diagnostics division, Meridian focuses on developing robust diagnostic tests for infectious diseases, gastrointestinal diseases, and respiratory diseases. Their Immunoassay Reagents are used in rapid point-of-care tests, where speed and accuracy are paramount for clinicians.
One of their key diagnostic products is Illumigene®, a molecular amplification technology that has transformed the way infections like C. difficile and Group B Streptococcus are diagnosed. This technology ensures accurate results in minutes, helping healthcare providers make quick decisions that can significantly affect patient outcomes.
Meridian's Revogene® platform is another molecular diagnostic system that focuses on simplicity and speed. It allows for real-time polymerase chain reaction (PCR) testing with minimal preparation time, making it an ideal solution for hospitals and laboratories.
Expanding Focus on Emerging Threats
One of the standout features of Meridian Bioscience is its ability to respond to emerging healthcare challenges. The company has consistently innovated in response to global health crises, including the development of diagnostic tools during the Zika virus outbreak and, more recently, COVID-19. Their COVID-19 antigen and antibody test kits played an instrumental role in pandemic management by offering rapid and reliable testing solutions.
With the increased attention to antimicrobial resistance (AMR) and the need for early detection of resistant pathogens, Meridian has focused efforts on enhancing diagnostic capabilities for multi-drug-resistant organisms (MDROs). Their diagnostic tools allow healthcare providers to quickly identify antibiotic-resistant infections, thereby enabling appropriate treatment and reducing the spread of these dangerous pathogens.
Commitment to Quality and Compliance
Meridian Bioscience’s commitment to quality and regulatory compliance is evident across its operations. The company adheres to rigorous quality assurance protocols to ensure that all of its products meet or exceed industry standards. Meridian maintains certifications and regulatory approvals from major health organizations worldwide, including the U.S. FDA, European CE marking, and other global regulatory bodies.
Their focus on quality is complemented by an equally strong commitment to customer service. Meridian works closely with its clients—whether laboratories, healthcare providers, or research institutions—to offer solutions that are tailored to their specific needs.
Innovation in Environmental Testing
In addition to healthcare and molecular diagnostics, Meridian Bioscience also provides innovative solutions for the environmental testing sector. The Meridian BIOTECT™ product line offers environmental monitoring tools that detect and quantify biological contaminants. These products are used in various industries, including water treatment and food production, ensuring that safety standards are maintained.
Meridian’s expertise in both clinical and environmental testing underscores its comprehensive approach to diagnostics and public health.
Looking Ahead: The Future of Diagnostic Innovation
Meridian Bioscience’s mission has always been to improve patient outcomes by offering highly reliable and accessible diagnostic tools. As healthcare systems around the world continue to evolve, the demand for rapid, accurate diagnostics is only set to increase.
Looking ahead, Meridian is poised to play an even greater role in shaping the future of healthcare. With ongoing advancements in molecular diagnostics, the company is working on expanding its product offerings to tackle even more complex and challenging diseases. This includes the development of more point-of-care diagnostic tools that can be used in resource-limited settings, furthering their impact in global healthcare.
Moreover, with growing concerns about emerging infectious diseases and the global movement toward precision medicine, Meridian’s continued focus on innovation and adaptability ensures that it will remain at the forefront of diagnostics for years to come.
Conclusion
Meridian Bioscience is more than just a leader in diagnostics—it’s a company dedicated to improving global health outcomes through innovation and collaboration. Whether developing advanced molecular reagents or creating rapid diagnostic tools, Meridian plays an essential role in the detection and management of some of the world’s most pressing health challenges.
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healthcarehubhh · 2 months
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Biotechnology Reagents and Kits Market will grow at highest pace owing to increasing R&D activities in biopharmaceutical companies
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Biotechnology reagents and kits are used for several diagnostic and research applications including isolation, purification, and analysis of DNA and RNA. Some key products in this market include cell and tissue culture reagents, chromatography reagents, electrophoresis reagents, immunohistochemistry reagents, nucleic acid extraction and purification reagents, PCR reagents, flow cytometry reagents, electrophoresis reagents, and separation and filtration reagents. Growing funding for biotechnology research along with rising prevalence of chronic diseases has increased the demand for biotechnology reagents and kits. Advancements in biologics and personalized medicine require reagents and kits for molecular analysis of patient samples which has fueled market growth.
The Global Biotechnology Reagents and Kits Market is estimated to be valued at US$ 718.8 Mn in 2024 and is expected to exhibit a CAGR of 23% over the forecast period 2023 to 2030.
Key Takeaways Key players operating in the Biotechnology Reagents and Kits are Medtronic Plc, Hill-Rom Holdings, Inc. (Welch Allyn), iRythm Technologies, Inc., AliveCor, Inc., Vivalnk, Inc., Cardiac Insight Inc., VitalConnect, LifeSignals, Inc., Lâ€TMoreal Group, Dexcom, Inc., GENTAG, Inc., Abbott Laboratories, Koninklijke Philips N.V. and other prominent players. These players are focusing on new product development and launches to expand their product portfolio. For instance, in 2022 Medtronic Plc launched Clara Smart Pancreas System which uses RTSM technology to automatically suspend insulin delivery. The demand for biotechnology reagents and kits is growing owing to increasing demand of personalized medicine, genomics applications and cell and gene therapy research. Pharmacogenomics, companion diagnostics and molecular biomarkers are driving the need for reagents and assays utilized in the discovery, development and commercialization of personalized medicine. Growing R&D spending on developing new biologics and rising application of big data analytics in drug development is also fueling market growth. Technological advancements are expanding application of biotechnology reagents and kits in new areas. For example, next generation sequencing techniques have enabled large-scale sequencing of genomes which requires reagents for sample preparation and library preparation steps. Rapid diagnostics technologies are allowing point-of-care application of reagents for fast detection of infectious diseases. Automated instruments with integrated reagent kits are increasing efficiency and reproducibility of experiments in core labs. Market trends: 1. Growing preference for personalized medicine/ precision medicine. Biomarker discovery and validation requires biomarker detection assays which is propelling demand for immunohistochemistry, PCR and other reagents. 2. Increasing focus on contract research and contract manufacturing. CROs and CMOs require a continuous supply of biotechnology reagents and kits for conducting research and manufacturing activities on behalf of biopharma companies. Market Opportunities: 1. Emerging markets in Asia Pacific offer high growth potential. Countries like China, India and South Korea are witnessing increasing biotech research and bulk drug production which will drive the need for reagents in coming years. 2. Cell and gene therapy is a major area of focus. Reagents are essential for quality control testing, process development and scalable manufacturing of cell and gene therapies. This represents a lucrative opportunity for leading reagents players.
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marketinsight1234 · 5 months
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Sepsis Diagnostics Market: Forthcoming Trends and Share Analysis by 2030
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Sepsis Diagnostics Market Size Was Valued at USD 694.23 Million in 2022 and is Projected to Reach USD 1155.87 Million by 2030, Growing at a CAGR of 6.58% From 2023-2030.
The sepsis diagnostics market has been gaining momentum in recent years due to increasing awareness about the condition and advancements in diagnostic technologies. Sepsis, a life-threatening condition triggered by the body's extreme response to an infection, requires rapid and accurate diagnosis for timely intervention and treatment. Sepsis is a major global health concern, with a high incidence rate across all age groups. The growing number of cases, particularly in hospital settings and among immunocompromised individuals, is fueling the demand for effective diagnostic tools.  Advances in diagnostic techniques, such as biomarker assays, molecular diagnostics, and point-of-care testing, have significantly improved the accuracy and speed of sepsis diagnosis. These technologies enable healthcare providers to quickly identify septic patients and initiate appropriate treatment.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarketresearch.com/request/16747
Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Leading players involved in the Sepsis Diagnostics Market include:
Luminex (US), T2 Biosystems (US), Danaher Corporation (US), Dickinson and Company (US), Thermo Fisher Scientific (US), Bruker Corporation (US), Axis-Shield Diagnostics (UK), EKF Diagnostics (UK), AstraZeneca (UK), Seegene Inc. (South Korea) 
If You Have Any Query Sepsis Diagnostics Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/16747
Segmentation of Sepsis Diagnostics Market:
By Technology
Blood Culture
Immunoassays
Molecular Diagnostics
Flow Cytometry
Microfluidics
Biomarkers
By Product
Blood Culture Media
Assays & Reagents
Instruments
Software
By Method
Automated Diagnostics
Conventional Diagnostics
By Pathogen
Bacterial Sepsis
Fungal Sepsis
Viral Sepsis
By Test Type
Laboratory Tests
Point-of-Care Tests
By End Users
Hospitals and specialty clinics
Pathology & Reference Laboratories
Research Laboratories & Academic Institutes
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Sepsis Diagnostics Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Sepsis Diagnostics Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Acquire This Reports: -
https://introspectivemarketresearch.com/inquiry/16747
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1049
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marketdevelopment · 6 months
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Sepsis Diagnostics Market: Forthcoming Trends and Share Analysis by 2030
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Sepsis Diagnostics Market Size Was Valued at USD 694.23 Million in 2022 and is Projected to Reach USD 1155.87 Million by 2030, Growing at a CAGR of 6.58% From 2023-2030.
Sepsis diagnostics refers to the methods and processes used by healthcare professionals to identify and confirm the presence of sepsis, a potentially life-threatening condition triggered by the body's overwhelming response to an infection. Diagnosis typically involves a combination of clinical assessments, such as vital signs monitoring, laboratory tests and sometimes imaging studies, aimed at recognizing specific signs of infection spreading throughout the body.
The sepsis diagnostics market encompasses a broad array of tools, technologies, and methodologies used in healthcare settings to identify and manage sepsis, a critical condition stemming from the body's response to infections. The market for these diagnostic tools has been witnessing steady growth owing to several factors. These include an increasing incidence of sepsis cases globally, advancements in diagnostic technologies offering quicker and more accurate results, and a growing emphasis on early detection and intervention to improve patient outcomes
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarketresearch.com/request/16747
Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports 
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 
Leading players involved in the Sepsis Diagnostics Market include:
Luminex (US), T2 Biosystems (US), Danaher Corporation (US), Dickinson and Company (US), Thermo Fisher Scientific (US), Bruker Corporation (US), Axis-Shield Diagnostics (UK), EKF Diagnostics (UK), AstraZeneca (UK), Seegene Inc. (South Korea) 
If You Have Any Query Sepsis Diagnostics Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/16747
Segmentation of Sepsis Diagnostics Market:
By Technology
Blood Culture
Immunoassays
Molecular Diagnostics
Flow Cytometry
Microfluidics
Biomarkers
By Product
Blood Culture Media
Assays & Reagents
Instruments
Software
By Method
Automated Diagnostics
Conventional Diagnostics
By Pathogen
Bacterial Sepsis
Fungal Sepsis
Viral Sepsis
By Test Type
Laboratory Tests
Point-of-Care Tests
By End Users
Hospitals and specialty clinics
Pathology & Reference Laboratories
Research Laboratories & Academic Institutes
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Sepsis Diagnostics Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Sepsis Diagnostics Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Acquire This Reports: -
https://introspectivemarketresearch.com/inquiry/16747
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1049
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creative-news-alert · 8 months
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DNA Extraction Kits Market is Estimated to Witness High Growth Owing to Increasing Demand for Nucleic Acid-Based Molecular Tests
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DNA extraction kits are essential tools used to isolate and purify DNA from a variety of biological samples in life science research and clinical diagnostics. DNA extraction kits can purify DNA from peripheral blood, tissue, cells, plasma, serum, saliva, stool, and other biological samples. Purified DNA is then utilized in various downstream applications including PCR, DNA sequencing, molecular testing, and synthetic biology. Common uses of DNA extraction kits in clinical applications include cancer diagnostics, forensic testing, prenatal testing, infectious disease testing, genetic testing, and personalized medicine. The global DNA extraction kits market is estimated to be valued at US$1.2 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights. Market Dynamics Increasing demand for nucleic acid-based molecular diagnostic tests is expected to drive growth of the DNA extraction kits market size over the forecast period. Molecular diagnostic testing is gaining immense popularity over traditional diagnostics due to its accuracy, high sensitivity, and specificity. Growing prevalence of cancer and infectious diseases is propelling demand for rapid and accurate molecular testing which require purified DNA obtained from extraction kits. According to WHO, cancer burden is expected to grow to 27.5 million new cancer cases and 16.3 million cancer deaths by 2040. Technological advancements in extraction methods allowing purification of DNA even from complex biological samples is another factor fueling the DNA extraction kits market growth. Automated liquid handling workstations integrated with magnetic bead-based DNA extraction techniques have simplified workflow and increased throughput of purification process. SWOT Analysis Strength: DNA extraction kits provide an easy and efficient way to isolate and purify DNA from various biological samples like blood, saliva, and tissues. These kits use optimized procedures and reagents to reliably extract high yields of pure DNA. They minimize hands-on time and produce consistent results. Some kits are automated and high-throughput, allowing labs to extract DNA from large numbers of samples simultaneously in an easy and standardized manner. Weakness: DNA extraction kits rely on consumables like columns, plates and reagents that need regular replenishment, increasing long-term costs. Additionally, automation requires larger initial investments. The quality of extracted DNA can vary between kits depending on their purification chemistry and protocols. Opportunity: Growth in genomic researchareas like precision medicine, cancer research and genetic testing is driving increased demand for DNA extraction. Rising focus on pharmacogenomics and companion diagnostics also presents commercialization opportunities. Point-of-care extraction devices and portable battery-operated systems allow decentralized testing and expand the addressable market. Threats: Competition from in-house extraction methods developed by research institutes poses a challenge. Stringent regulatory approvals for diagnostic-grade kits increase barriers. Intellectual property disputes between manufacturers also affect commercialization strategies. Key Takeaways The global DNA extraction kits market is expected to witness high growth over the forecast period driven by increasing genomics funding and expanding application areas.
The market is dominated by North America currently due to extensive R&D spending and presence of leading life science companies. Asia Pacific is poised to be the fastest growing regional market due to growing genomics research in countries like China and India as well as increasing healthcare investments. Key players operating in the DNA extraction kits market are Qiagen N.V., Thermo Fisher Scientific, Hoffmann-La Roche AG, Merck KGaA, Agilent Technologies, Bio-Rad Laboratories Inc., Illumina, Inc., Promega Corporation, LGC Ltd., and Takara Bio, Inc. Companies are focused on portfolio expansion through new product launches. For example, in 2021 Thermo Fisher launched the MagMAX Cellular RNA Isolation Kit designed for high-throughput extraction of total RNA from cultured cells.
Get more insights on this topic: https://www.newswirestats.com/dna-extraction-kits-market-size-and-outlook/ Explore more information, Please visit:https://masstamilan.in/savoring-life-the-essential-role-and-health-benefits-of-spices-in-everyday-cuisine/
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market-spy · 8 months
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Global Veterinary Infectious Disease Diagnostics Market Size, Growth, Forecast: Zooming in on Animal Health
The global veterinary infectious disease diagnostics market is booming, projected to balloon from $1.8 billion in 2021 to a whopping $3.88 billion by 2030, a healthy CAGR of 8.9%. This surge reflects a growing focus on animal health as well as technological advancements offering faster, more accurate diagnoses. Let's delve deeper into this exciting market.
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Key Drivers Boosting Market Growth:
Rising Concern for Animal Health: Increased awareness about animal well-being and zoonotic diseases fuels investments in preventive measures and early disease detection.
Prevalence of Infectious Diseases: Factors like globalization, climate change, and evolving pathogens contribute to the spread of infectious diseases in animals, necessitating robust diagnostic tools.
Technological Advancements: Cutting-edge diagnostics like point-of-care testing and molecular assays provide rapid, precise results, enabling swift treatment decisions.
Growing Pet Ownership: The surge in pet ownership, particularly in developed countries, drives demand for advanced veterinary care and diagnostics.
Market Segmentation: Two Main Players:
Food-producing animals: This dominant segment, encompassing livestock and poultry, faces the burden of ensuring food safety and preventing animal-borne diseases.
Companion animals: The rapid growth of this segment is fueled by rising pet ownership and increased spending on their health.
Beyond the Segments: End-use Matters:
Veterinary hospitals: These primary care facilities remain the largest users of diagnostic tools, catering to a diverse range of animals.
Reference laboratories: Offering specialized expertise and advanced technologies, these labs are increasingly sought for complex testing needs.
In-house/point-of-care laboratories: Portable and user-friendly POCT devices are gaining traction for on-site,rapid diagnoses in clinics.
Regional Variations:
North America: Currently dominates the market due to a developed veterinary infrastructure and high awareness of animal health.
Asia Pacific: This region boasts the fastest growth potential, fueled by a rising middle class, increasing pet ownership, and government initiatives to improve animal healthcare.
Challenges to Overcome:
High Cost of Advanced Diagnostics: Access to cutting-edge technologies might be limited for smaller clinics or resource-constrained regions.
Limited Awareness and Access in Developing Regions: Infrastructure gaps and lack of trained personnel can hinder market penetration in certain areas.
Market Trends Shaping the Future:
Point-of-care testing: POCT devices will continue to revolutionize diagnostics with their rapid results and convenience.
Digitalization and Telemedicine: Remote consultations and online diagnostic tools will bring efficiency and expand access to veterinary care.
Personalized Medicine: Tailored treatment plans based on individual animal needs are gaining traction,requiring advanced diagnostics. For more information: https://www.skyquestt.com/report/veterinary-infectious-disease-diagnostics-market
The Takeaway:
The global veterinary infectious disease diagnostics market is brimming with promising opportunities for manufacturers, innovators, and service providers. By addressing challenges, embracing technological advancements, and catering to regional needs, this market can significantly contribute to improved animal health and well-being worldwide.
Additional Insights:
This report offers a comprehensive overview of the market, including detailed segment analysis, regional insights, key trends, and challenges.
It provides valuable information for stakeholders in the veterinary industry, including animal health companies,diagnostic labs, and veterinary professionals.
The report also identifies potential growth areas and investment opportunities in this ever-evolving market.
About Us:
SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.
Contact Us-
SkyQuest Technology Consulting Pvt. Ltd.
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 617–230–0741
Website: https://www.skyquestt.com
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love-sahil · 9 months
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Point of Care Molecular Diagnostics Market Partnering Deals of Key Players 2023 - 2028
The Insight Partners proudly announces the release of the latest market research on “Global Point of Care Molecular Diagnostics Market | Size, Share, Statistics, and Forecast” . This trailblazer market research aims to present unparalleled insights into the Point of Care Molecular Diagnostics market. This report presents the current market scenario and attempts to forecast future market size, share, and opportunities for businesses.
This analysis is our commitment to deliver strategic business insights to companies willing to strive in competitive dynamic market space. The Insight Partners covered all dynamics of the Point of Care Molecular Diagnostics market including key trends, challenges, and several opportunities that businesses might have in the future.
Global Point of Care Molecular Diagnostics Market Outlook
This chapter covers several variables that affect business. Future expectations for the Point of Care Molecular Diagnostics market are combined with the economies of scale delineated by market size, growth rate, and compound annual growth rate. To examine demand drivers and constraints before other market actors, this chapter is even more crucial. Companies may better manage their goods and place themselves in the market gap by understanding market trends.
Analysis of the business environment based on several models is provided in this section. Businesses must streamline their success and income streams to be competitive in the Point of Care Molecular Diagnostics industry. Businesses may map the economic, environmental, and legal issues and update their unique selling propositions.
Business Impact of Covid-19
Travel restrictions during COVID-19 led to a decline in sales and supply chain metrics resulted in budget cuts. Many manufacturers had to put projects on hold and companies struggled to recover their fixed costs in the absence of revenue streams. Dealing with sharp decline and managing supply-demand equilibrium Point of Care Molecular Diagnostics market players responded to the new normal. Through this section, Insight Partners attempts to present an analysis of the impact of Covid-19 on business operations.
Market Segmentation
Based on Product & Services of Point of Care Molecular Diagnostics Market Research report:
Assays and Kits
Instruments
and Services and Software
Based on Technology of Point of Care Molecular Diagnostics Market Research report:
PCR
Isothermal Nucleic Acid Amplification Technology (INAAT)
and Other Technologies
Based on Application of Point of Care Molecular Diagnostics Market Research report:
Infectious Diseases
Oncology
Hematology
Prenatal Testing
Endocrinology
and Other Applications
Based on End User of Point of Care Molecular Diagnostics Market Research report:
Hospitals and Clinics
Diagnostic Laboratories
Research and Academic Institutes
and Others
Based on Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of Latin America)
The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
Rest of the World…
Competitive Landscape
This section of the report offers an overview of key Point of Care Molecular Diagnostics market players- bioM?rieux SA, F. Hoffmann-La Roche Ltd., Danaher Corporation, Enzo Biochem, Inc., Abbott, binx health, Inc., Meridian BioScience, Inc., Biocartis, Quidel Corporation, Bio-Rad Laboratories, Inc.. This chapter further covers details on their strategic approach and market share. Learning about the competition matrix is highly recommended for new entrants in the Point of Care Molecular Diagnostics market, they can strategize success with details on market benchmarks.
Summary:
Market Size & Forecast by Revenue | Forecast Year
Market Dynamics – Market trends, growth drivers, restraints, and investment opportunities
Market Segmentation – Segments based on types, end-users, applications, and key regions
Competitive Landscape – Key market players and their strategies
Strategic Recommendations The Insight Partners presents actionable insights to empower businesses in making informed decisions based on industry evidence. These lucrative suggestions intend to offer our clients a competitive edge over their competitors.
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marketsizereports · 10 months
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Key Players in the POC Analyzers Market: A Company Spotlight
The Point-of-Care (POC) Analyzers Market is vibrant, with several key players contributing to the development and advancement of portable diagnostic solutions.
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Buy the Full Report for Detailed Segments Insights into the POC Analyzers Market, Download a Free Report Sample
This company spotlight highlights some of the prominent players in this dynamic market:
Abbott Laboratories:
Abbott is a global healthcare company with a diverse portfolio, including a range of POC analyzers. Their offerings cover areas such as blood glucose monitoring, cardiac markers, infectious diseases, and molecular diagnostics. Abbott aims to provide rapid and accurate diagnostic solutions to improve patient outcomes.
Roche Diagnostics:
Roche Diagnostics, a division of the Swiss multinational Roche Group, is a leading player in the POC analyzers market. Their portfolio includes devices for testing blood gases, electrolytes, cardiac markers, and coagulation parameters. Roche focuses on delivering reliable and efficient solutions for decentralized testing.
Siemens Healthineers:
Siemens Healthineers is a global medical technology company known for its innovative diagnostic solutions. In the POC analyzers market, Siemens offers devices for testing blood gases, cardiac markers, and infectious diseases. Their emphasis on connectivity and data management contributes to streamlined healthcare workflows.
Danaher Corporation (Beckman Coulter):
Beckman Coulter, a subsidiary of Danaher Corporation, is a key player in the POC diagnostics space. Their POC analyzers cover a wide range of parameters, including chemistry, hematology, and immunoassays. Beckman Coulter focuses on delivering solutions that enhance clinical decision-making.
Sysmex Corporation:
Sysmex, a Japanese multinational corporation, is a prominent player in the global in-vitro diagnostics market. In the POC analyzers segment, Sysmex offers solutions for hematology testing, contributing to rapid and accurate blood analysis in various healthcare settings.
Quidel Corporation:
Quidel Corporation specializes in diagnostic testing solutions, including a range of POC analyzers. Their portfolio covers tests for infectious diseases, cardiac markers, and women's health. Quidel aims to provide rapid and accurate results to facilitate timely clinical decisions.
Nova Biomedical:
Nova Biomedical is a U.S.-based company known for its commitment to POC testing solutions. They offer analyzers for blood gas, electrolyte, and critical care testing. Nova Biomedical focuses on delivering high-performance POC analyzers for use in various healthcare settings.
Alere Inc. (Now part of Abbott):
Alere, acquired by Abbott, was a major player in POC diagnostics before the acquisition. Their portfolio included rapid tests and analyzers for infectious diseases, cardiac markers, and women's health. The integration with Abbott has strengthened the company's position in the POC market.
BioMérieux SA:
BioMérieux, a French multinational company, is a key player in the field of in-vitro diagnostics. In the POC analyzers market, BioMérieux focuses on solutions for infectious disease testing, including molecular diagnostics and immunoassays.
PTS Diagnostics:
PTS Diagnostics specializes in developing and manufacturing POC diagnostic products. Their portfolio includes analyzers for lipid panels, diabetes management, and cardiovascular risk assessment. PTS Diagnostics aims to provide cost-effective and user-friendly solutions for decentralized testing.
It's important to note that the POC analyzers market is dynamic, and the landscape may have evolved since my last knowledge update. Additionally, new players may have entered the market, and strategic partnerships or acquisitions may have occurred. For the latest information, it's advisable to refer to recent reports, company announcements, and industry publications.
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techninja · 1 year
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Micro Injection Molding Mastery: Pioneering the Future of Medical Device Manufacturing
Micro Injection Molding Medical Devices Market: Precision in Healthcare
In the ever-evolving landscape of healthcare, precision and miniaturization have become the key drivers of innovation. Micro injection molding has emerged as a critical technology, enabling the production of intricate medical devices that can transform patient care. This burgeoning field, the Micro Injection Molding Medical Devices Market, is poised for significant growth and innovation in the coming years.
What is Micro Injection Molding?
Micro injection molding is a specialized manufacturing process that creates extremely small and precise plastic components with high repeatability. It has found a special place in the production of medical devices, thanks to its ability to create intricate and complex geometries. This technology allows manufacturers to produce components that would be challenging or impossible to achieve through traditional molding methods.
Key Drivers of Growth
1. Miniaturization: The healthcare industry's increasing focus on minimally invasive procedures and wearable devices has driven the demand for smaller, more intricate medical components. Micro injection molding is perfectly suited to meet this need.
2. Advancements in Material Science: The development of new biocompatible and biodegradable materials has opened up new possibilities for medical device design and manufacturing. Micro injection molding facilitates the use of these materials in a precise manner.
3. Cost Efficiency: The scalability and cost-effectiveness of micro injection molding make it an attractive choice for manufacturers. It reduces material wastage, lowers production costs, and enables quicker time-to-market.
4. Customization: The ability to create custom, patient-specific medical devices is a key driver in the market. Micro injection molding allows for the production of personalized components, such as hearing aids, dental implants, and orthodontic devices.
Applications in the Medical Field
Micro injection molding has found applications in various medical fields, including:
1. Diagnostics: The production of tiny, high-precision components for diagnostic devices, such as microfluidic chips, is made possible by micro injection molding. These devices play a crucial role in point-of-care testing and molecular diagnostics.
2. Surgical Instruments: Miniaturized surgical instruments and components, such as clips, connectors, and catheters, benefit from the precision of micro injection molding. These instruments enable less invasive procedures, reducing patient discomfort and recovery time.
3. Drug Delivery: Devices for drug delivery, such as insulin pens and inhalers, are becoming increasingly sophisticated. Micro injection molding allows for the creation of intricate parts that ensure accurate dosing and patient comfort.
4. Implantable Devices: From orthopedic implants to dental prosthetics, the medical field relies on micro injection molding to create customized, biocompatible components that enhance patient outcomes.
Challenges and Opportunities
While the Micro Injection Molding Medical Devices Market shows immense promise, it is not without its challenges. Regulatory compliance, quality control, and the need for highly specialized machinery are all factors that must be considered. However, these challenges also present opportunities for companies that can provide innovative solutions, ensuring the safety and efficacy of medical devices.
Geographical Trends
The micro injection molding medical devices market is not confined to a single region. It is a global market with strong footholds in North America, Europe, and the Asia-Pacific region. The Asia-Pacific market is particularly dynamic, with rising healthcare infrastructure, favorable investment conditions, and a growing demand for medical devices.
Conclusion
The Micro Injection Molding Medical Devices Market is set to play a pivotal role in the healthcare industry's future. The ability to create highly precise, miniaturized components will continue to drive innovation, improving patient outcomes, and expanding the scope of what is possible in medical technology. As the industry evolves and technology advances, it is crucial for manufacturers to stay on the cutting edge of micro injection molding to meet the ever-growing demand for small, complex, and custom medical devices. With the right blend of innovation, regulation, and quality control, this market has the potential to revolutionize healthcare as we know it.
Few Other Promising Reports in Medical Devices Industry
Surgical Sutures Market
Knee Replacement Market
Knee Surgeries and Arthroplasty Pain Management Therapeutics Market
Robotic-assisted Surgery Systems Market
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rohans18 · 1 year
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Achondrogenesis Market Growth, Segments, Demand and Forecast to 2028
Global Achondrogenesis Market, By Type (Type IA, Type IB, Type II),  Diagnosis (Physical Examination, Molecular Genetic Testing,  Biochemical Testing), Treatment (Supportive Therapy and Palliative Care),  End-Users (Clinics, Hospitals, Diagnostic Centers, Research and Academic Institutions, Others), Distribution Channel (Direct Tenders, Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The consistent Achondrogenesis market report analyzes many points that help businesses to solve the toughest questions in less time. The major topics of this business report are global growth trends, market share by manufacturers, market size by type, market size by application, production by region, consumption by region, company profiles, market forecast, value chain and sales channels analysis, opportunities & challenges, threat and affecting factors. The report gives market definition in the form of market driving factors and market restraints which helps estimating the demand of particular product depending on several aspects. Achondrogenesis market survey report studies the global market status and forecast, categorizes the global market size, market value & market volume by key players, type, application, and region.
Key Players
The major players covered in the Achondrogenesis market are Cook, Thermo Fisher Scientific, CooperSurgical, Inc., Illumina, Inc, Siemens, FUJIFILM Holdings Corporation, Koninklijke Philips N.V., Stryker, TOSHIBA CORPORATION, Invivoscribe, Inc., Abbott, INVITROGEN CORPORATION, F. Hoffmann La Roche Limited, Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., Illumina, Inc., Natera Inc., Abbott, Cepheid, ELITech Group, Autogenomics,   Sequenom, GeneDx, Inc., 23andMe, Inc., Ambry Genetics, Invitae Corporation, Pathway Genomics, Progenity, Inc., OmeCare among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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One of the principal objectives of a high-ranking Achondrogenesis industry report is to analyze and study the global sales, value, status, and forecast. The market report also analyzes the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. The report assists to define, describe and forecast the market by type, application and region. It estimates the region that is foretold to create the most number of opportunities in the global Achondrogenesis market. This market research report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. An insightful Achondrogenesis market report assists clients to stay ahead of the time and competition.
Key questions answered in the report:
Which product segment will grab a lion’s share?
Which regional market will emerge as a frontrunner in coming years?
Which application segment will grow at a robust rate?
Report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Achondrogenesis Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Table Of Content
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03:  Global Market
Part 04: Global Market Sizing
Part 05: Global Market Segmentation By Product
Part 06: Five Forces Analysis
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
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anyawinget · 1 year
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Biosensors Market Latest Advancements, Analysis, and Business Outlook 2022-2030
“The market crossed the US$ 24.86 billion mark in 2022 and is expected to hit US$ 45.48 billion by 2030, recording a CAGR of 7.8% during the forecast period.”
This report is the market consists of a detailed description and analysis based on the various types of products available in a wide range of end-user summaries on other markets “Biosensors Market”, it has introduced a new report titled. This report includes an analysis of the impact of the COVID-19 pandemic. The report offers a complete and analytical look at various companies striving to achieve high market shares in the Biosensors Market. This report includes various drivers as well as factors impeding the growth of this market during the forecast period. The report presents the market opportunities and a tangible impact on the key players dominating the market.
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Biosensors includes Market Analysis Report Top Companies:
Abbott
Bio-Rad Laboratories
Nova Biomedical Corp.
Pinnacle Technologies Inc.
Koninklijke Philips N.V.
Dexcom, Inc.
TDK Corporation
Zimmer & Peacock AS
Medtronic
Molecular Devices, LLC
Biosensors Market Split by Product Type and Applications:
This report segments the Biosensors Market on the basis of Types are:
Sensor Patch
Embedded Device
On the basis of Application, the Biosensors Market is segmented into:
Point-of-care
Home diagnostics
Research labs
Security and biodefense
Others
Key Features of the Report and Biosensors Market Highlights:
-Comprehensive assessment of all opportunities and risks in the regional market.
-Biosensors market recent innovations and major events.
-Detailed study of business strategies for growth of the Biosensors market-leading players.
-Conclusive study about the growth plot of the Biosensors market for forthcoming years.
-In-depth understanding of the Biosensors market -particular drivers, constraints, and major micro-Markets.
-Favorable impression inside vital technological and market latest trends striking the Biosensors
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Biosensors Market Research Report:
Chapter 1: Industry Overview
Chapter 2: Biosensors Market International and Regional Market Analysis
Chapter 3: Environment Analysis of market.
Chapter 4: Analysis of Revenue by Classifications.
Chapter 5: Analysis of Revenue by Regions and Applications.
Chapter 6: Analysis of Biosensors Market Revenue Market Status.
Chapter 7: Analysis of Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis of market.
Chapter 9: ……………………. Continue to TOC
Finally, the report presents market information in the most comprehensive manner. The report structure has been maintained to provide maximum business value. It provides critical insight into market dynamics and enables strategic decision-making for established market participants and those willing to enter the market.
Customization of the Report: This report can be customized as per your needs for additional data for up to 3 companies or countries or 40 analyst hours.
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adityarana1687-blog · 2 years
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Molecular Diagnostics Market Expected To Achieve Lucrative Growth By 2030
The global molecular diagnostics market size is expected to reach USD 31.9 billion by 2030, and is expected to decline at a CAGR of -1.6% from 2022 to 2030, according to a recent study by Grand View Research, Inc. The contraction in the market will be due to the decline in demand for molecular testing for COVID-19. However, factors such as the rising geriatric population and increasing demand for technologies such as NGS is expected to drive market growth.
Molecular diagnostics plays an important role in infectious disease testing as they can yield effective and fast results. Hence, the increasing prevalence of hospital-acquired infections & infectious diseases is projected to drive the market over the forecast period. Increasing incidence and awareness regarding genetic disorders is further anticipated to accelerate market growth. The miniaturization of three basic molecular assays-nanobiotechnology, biochips, and microfluidics are expected to increase the accuracy and specificity of diagnostic outcomes, and hence, increase the demand for molecular diagnostic products. These improvements are expected to enhance the availability of PoC molecular diagnostic tests to yield quick and effective test results.
Companies are expanding their product portfolios with the acquisition of smaller companies. For instance, in March 2021, Hologic announced the acquisition of Diagenode-a molecular diagnostic company with a wide range of PCR instruments, facilitating the detection of over 30 bacteria-for USD 159 million. Similarly, in April 2021, F. Hoffmann-La Roche Ltd. acquired GenMark Diagnostics, Inc. at a price of USD 24.05 per share in cash, and it holds around 82.89% of total shares of GenMark Diagnostics. GenMark Diagnostics, Inc. has proprietary technologies, such as eSensor XT-8 and ePlex, which can be utilized in developing tests for infectious diseases, including bloodstream infections.
Key players are enhancing their range of testing options for real-time PCR instruments by increasing R&D activities for the development of kits that target emerging diseases or by entering into agreements with other kit manufacturing companies. These include the introduction of Cobas HPV test assay in Cobas 4800 by Roche Diagnostics. The introduction of tuberculosis testing Xpert assay on GeneXpert platform by Cepheid is an example of such advancement. Such advances are anticipated to drive the global molecular diagnostics market.
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Molecular Diagnostics Market Report Highlights
Reagents dominated the overall market majorly driven by the high usage rate of reagents due to the COVID-19 pandemic
PCR technology accounted for a revenue share of 64.6% in 2021. The increased use of PCR for the diagnosis of COVID-19 and other infectious diseases is one of the major reasons for its dominance
Self-testing or OTC segment is anticipated to be the fastest-growing segment, over the forecast period, as it facilitates early diagnosis and constant patient monitoring. The launch of COVID-19 molecular self-tests is also expected to boost the growth of this segment.
North America commanded the highest revenue share in 2021, driven by a high disease prevalence, proactive government measures, high testing rate for COVID-19, technological advancements, and improvements in healthcare infrastructure.
Molecular Diagnostics Market Segmentation
For this report, Grand View Research has segmented the global molecular diagnostics market based on product, test location, technology, application, and region:
Product Outlook (Revenue, USD Million, 2017 - 2030)
Instruments
Reagents
Others
Test Location Outlook (Revenue, USD Million, 2017 - 2030)
Point-of-Care
Self-test or Over the Counter
Central Laboratories
Technology Outlook (Revenue, USD Million, 2017 - 2030)
Polymerase chain reaction (PCR)
PCR, by Type
Multiplex PCR
Other PCR
PCR, by Product
Instruments
Reagents
Others
In Situ Hybridization (ISH)
Instruments
Reagents
Others
Isothermal Nucleic Acid Amplification Technology (INAAT)
Instruments
Reagents
Others
Chips and Microarrays
Instruments
Reagents
Others
Mass Spectrometry
Instruments
Reagents
Others
Sequencing
Instruments
Reagents
Others
Transcription Mediated Amplification (TMA)
Instruments
Reagents
Others
Others
Instruments
Reagents
Others
Application Outlook (Revenue, USD Million, 2017 - 2030)
Oncology
Breast Cancer
Prostate Cancer
Colorectal Cancer
Cervical Cancer
Kidney Cancer
Liver Cancer
Blood Cancer
Lung Cancer
Other Cancer
Pharmacogenomics
Infectious Diseases
Methicillin-resistant Staphylococcus Aureus (MRSA)
Clostridium Difficile
Vancomycin-resistant Enterococci (VRE)
Carbapenem-resistant Bacteria
Flu
Respiratory Syncytial Virus (RSV)
Candida
Tuberculosis and Drug-resistant TBA
Meningitis
Gastrointestinal Panel Testing
Chlamydia
Gonorrhea
HIV
Hepatitis C
Hepatitis B
Other Infectious Disease
Genetic Testing
Newborn Screening
Predictive and Presymptomatic Testing
Other Genetic Testing
Neurological Disease
Cardiovascular Disease
Microbiology
Others
Regional Outlook (Revenue, USD Million, 2017 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Belgium
Switzerland
Netherlands
Poland
Austria
Greece
Sweden
Turkey
Finland
Asia Pacific
Japan
China
India
Sri Lanka
Malaysia
Australia
New Zealand
Thailand
Vietnam
Singapore
Latin America
Brazil
Mexico
Chile
Peru
Colombia
Argentina
Middle East & Africa
South Africa
Saudi Arabia
Jordan
UAE
Qatar
Nigeria
Egypt
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Near-Patient Molecular Solutions Market Size, Share, Trends, Industry Analysis : Research Methodology By Forecast To 2022 to 2032
Throughout the projected period, the near-patient molecular solutions market is anticipated to grow at an impressive CAGR of 8%. By 2033, the market is expected to be worth US$ 7.56 billion, up from US$ 3.5 billion in 2023, according to FMI.
Point of care testing has extensive application base that includes, oncology, hematology, endocrinology, prenatal testing and near patient testing in infectious disease management. Most substantial progress have taken place in the fields of oncology point of care molecular tests and infectious diseases.Rapid flu testing is a leading application for point of care platforms.
Near-Patient Molecular Solutions Market: Drivers and Restraints
Factors, such as the increasing incidences of diseases such as cardiac diseases and diabetes in developing countries, increase in the usage of home-based point of care devices, and advancement in technology with demand for development of faster and easy to use devices are energizing the point of care diagnostic market.
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Rising demand for home healthcare facility and the increment in population of elderly patients with multiple chronic conditions is expected to drive point of care diagnostics market over the forecast period. In light of the many factors increasing the demand for point of care diagnosis, manufacturing companies are pushing the envelope to make point of care devices faster, easier, and more reliable. Shortage of skilled-staff, especially in the field of diagnostics, are expected to restrain the market growth for point of care diagnostic.
Near-Patient Molecular Solutions Market: Overview
Although the market of near patient diagnostic is less, but it is expected to grow over forecast period according to new healthcare analysis. It has been observed that near patient molecular solutions have witnessed higher penetration in medical system market though they facilitate better antimicrobial treatment.
Point of care products for diagnosis of tuberculosis (TB), human immunodeficiency virus (HIV), hepatitis, malaria and other infectious diseases are supposed to achieve substantial growth in emerging markets. Manycompanies are developing molecular diagnostic platforms and assays that are designed to for near-patient. The initial focus of most of the medical devices companies is on infectious disease testing.
Near-Patient Molecular Solutions Market: Regional Overview
Region wise, the global near patient molecular solution market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominated the global market for near patient molecular solution due to good reimbursement policies for diagnostic procedures and number of clinical studies investigating the efficiency.
After North America this market is followed by Europe due to increase demand for near patient testing growth over. Asia Pacific region is expected to perceive a significantly faster growth over the forecast period due to a lower availability of hi-tech central laboratory testing facilities.Increasing number of local players providing near patient testing in countries such as China is expected to boost the market growth in APEJ region.
Near-Patient Molecular Solutions Market: Key Players
Some of the key players in the market of near patient molecular solution are Abbott Laboratories, Inc. Roche Diagnostics Limited, Siemens AG, Beckman Coulter, Inc., Becton, Dickinson and Company, Johnson & Johnson, Alere Inc., PTS Diagnostics and Nova Biomedical. Other prominent player in near patient molecular solution market are Bayer Healthcare, BioMerieux, Bio-Rad Laboratories, Cepheid, Danaher Corporation.
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The report covers exhaustive analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
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healthcare-domain · 2 years
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Sepsis Diagnostics Market Growth Drivers & Opportunities | MarketsandMarkets
The demand for sepsis diagnostic products is expected to grow mainly due to factors such as the increasing public-private funding for sepsis diagnostic research activities, the growing burden of infectious diseases, the rising number of sepsis incidences, and growing government initiatives for creating sepsis awareness.
Sepsis is a very difficult condition to diagnose and the risk of mortality increases by 7.6% with a delay of even 1 minute in antibiotic administration in septic shock patients with hypertension. Thus, increasing the need for the rapid diagnosis of sepsis to reduce the delay of antibiotic therapy among patients with sepsis. Many sepsis diagnostic manufacturers are expanding their product offering in point of care technology rapidly detecting the sepsis, reducing the overall turnaround time of diagnosis.
The BACTEC Plus, BacT/Alert, and BACTEC FX blood culturing instruments manufactured by BD Company (US) is an automated microbial detection system offering a rapid diagnosis of sepsis in the turnaround time of three hours.
According to the new market research report "Sepsis Diagnostics Market by Technology (Microbiology, PCR, Sequencing, Biomarkers), Product (Reagents, Assay, Instruments, Software), Test Type (Lab, POC), Pathogen (Bacterial, Viral, Fungal), End User (Hospital, Pathology Lab) - Global Forecast to 2026", published by MarketsandMarkets™, the global market is expected to reach USD 771 million by 2026 from USD 503 million in 2021, at a CAGR of 8.9% from 2021 to 2026.
Browse in-depth TOC on "Sepsis Diagnostics Market" 201 – Tables 47 – Figures 236 – Pages
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The demand for sepsis diagnostic products is expected to grow mainly due to factors such as the rising prevalence of sepsis across the globe. Factors such as the increasing geriatric population, a growing number of surgical procedures, a high incidence of hospital-acquired infections, and the commercialization and availability of a wide variety of approved sepsis diagnostic devices are expected to drive market growth.
The COVID-19 pandemic had a positive effect on the sales of diagnostics products for sepsis. The global spread of covid-19 and the emerging cases of sepsis among covid-19 patients are likely to increase the demand for rapid diagnosis, accelerating the utilization of instruments, reagents, assay kits for detection of sepsis. Lockdowns resulting from the pandemic caused people to delay undergoing health checkups, affecting the number of tests performed and reagent sales.
The shortage of skilled professionals is a major concern worldwide; only 50% of patients with severe sepsis transported by the EMS system have a paramedic. The lack of trained paramedics affects each phase of patient caremdash;sepsis awareness, screening patients for the presence of sepsis, and making an appropriate.
The current COVID-19 pandemic has highlighted the risk faced by older adults, who are more susceptible to complications, including acute respiratory distress syndrome, usually due to pneumonia, which increases the risk of developing sepsis. Thus, increasing the need for early diagnosis of sepsis among patients with covid-19 infections.
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Based on technology, the biomarkers segment is expected to register the highest growth rate during the forecast period
Based on technology, the global sepsis diagnostics market is segmented into microbiology, molecular diagnostics, immunoassay, flow cytometry, microfluidics, and biomarkers. The biomarkers segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to various advantages offered by this technique in the diagnosis of sepsis and the growing need for early disease diagnosis.
North America accounted for the largest share of the sepsis diagnostics market
Geographically, the sepsis diagnostic market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to account for the largest share of the market. This can be attributed to the growing prevalence of sepsis, increasing incidence of hospital-acquired infections, fast adoption of high-end sepsis diagnostics devices, and rising government support for sepsis-related research.
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researchvishal · 2 years
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Molecular Diagnostics Market Will Generate Booming Growth Opportunities to 2032
The globalmolecular diagnostics marketis expected to see a CAGR of 18% for forecast period (2022-2032)
As per Future Market Insights’ latest industry analysis, as per a recent market analysis by Future Market Insights (FMI), global molecular diagnostics market is anticipated to showcase an opulent growth opportunity over the projection period by exhibiting a CAGR of 18% from 2022 to 2032. At present, the market is valued at around US$ 14802.156 Million in 2022 and is anticipated to reach a high of US$ 59882.97671 Million by the year 2032. According to Future Market Insights' historical analysis, the global molecular diagnostics market exhibited a CAGR of 15%.
An inevitable surge in the demand formolecular diagnosticshas been witnessed over the past few years and the market is expected to accelerate at a steady pace attributed to its heavy usage within the process of manufacturing a wide range of specialty products like advanced polymers, sealants, additives, specialty paints, pigments, coatings, and more.
A substantial upsurge has been observed in the demand for the molecular diagnostics market in recent years. The global market is expected to progress at a healthy pace attributed to the rising prevalence of infectious diseases and several variants of cancer worldwide. Furthermore, the rising awareness and acceptance of personalized medical doses and increasing biomarker identification are anticipated to help the market development over the assessment period.
Key Takeaways
The demand for molecular diagnostics is anticipated to surge over the forecast period attributing to the increasing adoption of molecular diagnostics in emerging markets, therefore offering lucrative growth opportunities for the molecular diagnostics market.
In addition to that, several factors including increasing demand for reagents, rising adoption of point-of-care testing, and advancement in Research and Development activities in the biotechnology and pharmaceutical industry, are expected to propel the market development over the forecast period.
The global market is further to have a great positive impact owing to the growing number of patients suffering from infectious diseases and lethal cancers among other diseases that require molecular analysis for diagnosis purposes and for early commencement of the treatment.
In addition to that, the advancements in healthcare infrastructure and expansion of new technologies in medicine have helped to cater to the growing patient pool and are predicted to further the market growth of molecular diagnostics.
The molecular diagnostics market is witnessing the emergence of various new market players offering advanced diagnostic solutions with faster, better, and cost-efficient molecular diagnostics. The emergence of such companies is predicted to bolster the progress of the molecular diagnostics market over the forecast period. The strategic measures taken by these companies are predicted to strengthen their foothold and result in market expansion in various untapped regions.
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 Competitive Landscape
The prominent market players are proliferating in the forum and concentrating on introducing new products and constantly focusing on improving their product offerings in order to cater to the changing consumer needs efficiently while simultaneously restraining their competitiveness globally.
Keen attention is paid by the key market players to the maintenance and quality of products and innovation. Such prominent market players are also focusing on diversifying their range of manufacturing by indulging in mergers and acquisitions and adopting organic growth strategies for a strong foothold in the global market.
Some of the key companies in the market are:
ABBOTT LABORATORIES
Agilent Technologies Inc.
BECTON DICKINSON AND COMPANY
BIOMERIEUX SA
DANAHER CORPORATION
F. HOFFMAN LA-ROCHE LTD.
GRIFOLS S.A.
HOLOGIC INC.
QIAGEN INC.
SIEMENS AG (SIEMENS HEALTHINEERS)
More Insights into the Molecular Diagnostics Market
North America is expected to witness excellent growth over the forecast period attributed to the favorable reimbursement scenario in this region which is expected to fuel growth in the market. Furthermore, the surging healthcare expenditure in the North American region is anticipated to bolster growth in the North American molecular diagnostics market.
Europe is another market showcasing lucrative growth opportunities in the molecular diagnostics market. The growth is attributed to the rising prevalence of infectious diseases and cancer in the region which is aiding the growth of molecular diagnostics in the European regions.
In addition to that, European regional growth can also be ascribed to the surging use of POC diagnostic tests, and increased awareness of the early diagnosis of diseases in emerging countries is yet another factor to drive the market growth in the region.
Key Segments in The Molecular Diagnostics Market
By Product and Service:
Reagents and Kits
Instruments
Service and Software
By Technology:
Polymerase Chain Reaction (PCR)
Isothermal Nucleic Acid Amplification Technology (INNAT)
DNA Sequencing and Next-Generation Sequencing (NGS)
In Situ Hybridization (ISH)
DNA Microarrays
Others
By Application:
Infectious Disease Diagnostics
Oncology Testing
Genetic Testing
Others
By End User:
Diagnostic Laboratories
Hospitals and Clinics
Others
By Region:
North America
Latin America
Asia Pacific
MEA
Europe
Increased healthcare infrastructure, expansion of domestic companies, and inflating disposable incomes of the populace are some of the factors aiding the market expansion in the region. Furthermore, expanding geriatric population and rising incidences of infectious diseases, and higher adoption of molecular diagnostics in the Asia Pacific region is likely to boost further growth of the market through 2032.
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