We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress hp
Sign In
Advertise with Us
PURITAN MEDICAL

Download Mobile App




Molecular Diagnostics Market Worth Nearly USD 7 Billion

By LabMedica International staff writers
Posted on 21 Feb 2017
The size of the molecular diagnostic testing market has reached USD 6.7 billion and is being driven by the growing threat of infectious disease and cancer, as well as the development of new products. More...
These are the latest findings of Kalorama Information, an independent medical market research firm.

The main technologies for clinical molecular diagnostics comprise nucleic acid amplification tests (NAATs) based on real-time PCR (qPCR) and other amplification-detection protocols; direct nucleic acid probe tests such as in situ hybridization (ISH) and its fluorescent ISH (FISH); next-generation sequencing (NGS); amplification followed by probe-based hybridization on arrays (or microarrays); and other related methods.

According to Kalorama, nucleic acid amplification tests and sequencing-based tests will be the future of the molecular diagnostics market. Meanwhile, qPCR and next-generation sequencing will be the preferred choice for cancer testing and prenatal screening due to their superior sensitivity and non-invasive sampling. Competitive displacement is expected in cytogenetics, new cancer tests and blood culture tests, though in situ hybridization will retain application markets in cancer testing with a share of 47% of the total molecular diagnostics market for cancer in 2021.

Over the next five years, infectious disease is expected to account for 60% of the global molecular diagnostics. Time to results for real-time PCR and isothermal amplification remain vital for various infectious disease testing applications, such as respiratory testing, hospital-acquired infections, bloodstream infections, and molecular point-of-care tests.

The molecular infectious disease diagnostics segment is defined by test decentralization with the introduction of NAAT platforms, which can be operated in hospital laboratories, and near-patient points of care, such as physician office labs and outpatient clinics. Larger clinical laboratories find integrated design from sample preparation to results analysis and user friendly features equally appealing as it frees up personnel.

Players in the molecular infectious disease diagnostics segment have been focusing on expanding the menu on integrated analyzers. However, their market share and client retention will depend on the ability to perform all routine infectious disease tests on a single platform.


New
Gold Member
Blood Gas Analyzer
Stat Profile pHOx
3-Part Differential Hematology Analyzer
Swelab Alfa Plus Sampler
New
Clostridium Difficile Toxin A+B Combo Card Test
CerTest Clostridium Difficile Toxin A+B
New
Pan-Cancer Panel
TruSight Oncology 500
Read the full article by registering today, it's FREE! It's Free!
Register now for FREE to LabMedica.com and get access to news and events that shape the world of Clinical Laboratory Medicine.
  • Free digital version edition of LabMedica International sent by email on regular basis
  • Free print version of LabMedica International magazine (available only outside USA and Canada).
  • Free and unlimited access to back issues of LabMedica International in digital format
  • Free LabMedica International Newsletter sent every week containing the latest news
  • Free breaking news sent via email
  • Free access to Events Calendar
  • Free access to LinkXpress new product services
  • REGISTRATION IS FREE AND EASY!
Click here to Register








DIASOURCE (A Biovendor Company)

Channels

Molecular Diagnostics

view channel
Image: The RNA-seq based diagnostic test for pediatric leukemia ensures better outcomes for children with this common cancer (Photo courtesy of Qlucore)

RNA-Seq Based Diagnostic Test Enhances Diagnostic Accuracy of Pediatric Leukemia

A new unique test is set to reshape the way Acute Lymphoblastic Leukemia (BCP-ALL) samples can be analyzed. Qlucore (Lund, Sweden) has launched the first CE-marked RNA-seq based diagnostic test for pediatric... Read more

Hematology

view channel
Image: CitoCBC is the world first cartridge-based CBC to be granted CLIA Waived status by FDA (Photo courtesy of CytoChip)

Disposable Cartridge-Based Test Delivers Rapid and Accurate CBC Results

Complete Blood Count (CBC) is one of the most commonly ordered lab tests, crucial for diagnosing diseases, monitoring therapies, and conducting routine health screenings. However, more than 90% of physician... Read more

Immunology

view channel
Image: A simple blood test could replace surgical biopsies for early detecion of heart transplant rejection (Photo courtesy of Shutterstock)

Blood Test Detects Organ Rejection in Heart Transplant Patients

Following a heart transplant, patients are required to undergo surgical biopsies so that physicians can assess the possibility of organ rejection. Rejection happens when the recipient’s immune system identifies... Read more
Copyright © 2000-2025 Globetech Media. All rights reserved.