The Global Viral Molecular Diagnostics Market size reached a valuation of USD 10 billion in 2018 and is expected to reach USD 19.8 billion by 2026, recording a CAGR of over 9% through the forecast years. The viral molecular diagnostics market is a sub-market of the molecular diagnostics market and is expected to grow at significant rate during the forecast period. This report on the viral molecular diagnostics market sheds light on factors such as the size, share, demand, growth, gross profits, earnings, and revenue to evaluate the rise of the industry in the future. It assesses the data gathered from the past years 2016 and 2017 to give an extensive view of the trends and predicts the possible rise of the viral molecular diagnostics industry during the years 2019 to 2026 while considering 2018 as the base year.
Top Companies Profiled in the Report Include
· Abbott Laboratories Inc.
· Affymetrix Inc.
· Auto Genomics Inc.
· Becton Dickinson and Company
· bioMérieux SA
· Hoffmann-La Roche Ltd.
· Illumina Inc.
· Meridian Bioscience Inc.
· Qiagen NV
· Thermo Fisher Scientific Corporation
· Bio-Rad Laboratories
· Olympus Corporation T.
· Gen-Probe, Inc.
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The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness. Companies operating in the industry have invested heavily in clinical trials and research studies to develop medications to cater to the growing unmet clinical demand on a global level. Implementation of cutting-edge technology in healthcare sector and increasing investment in research and development have contributed significantly to revenue growth of the market in the recent past. In addition, availability of favorable health insurance and reimbursement policies have also positively impacted the healthcare sector with more and more individuals opting to get treatment at hospital and clinical facilities. Rapid development of novel drugs and pharmaceuticals, increasing incidence of lifestyle and chronic diseases, establishment of state-of-the-art healthcare facilities, and rising availability of over-the-counter medications have significantly contributed to the revenue growth of the market.
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The report has gather vital information about recent mergers and acquisitions, joint ventures, collaborations, partnerships, brand promotions, RD activities, and government and corporate deals, among others through extensive primary and secondary research. The report also offers detailed analysis of each competitor along with their financial standing, global market position, product portfolio, manufacturing and production capacity, and business expansion plans.
The report offers a comprehensive overview of the regional bifurcation of the market with respect to market share, market size, revenue growth, import/export, production and consumption patterns, macro and micro economic growth factors, regulatory framework, investment and funding opportunities, and presence of key players in each region including North America, Asia Pacific, Latin America, Europe, and Middle East Africa. The report offers a country-wise analysis to further discuss the revenue growth and lucrative growth opportunities for the Viral Molecular Diagnostics market in these key regions.
Country-wise regional analysis covers:
· North America
· Asia Pacific
· Latin America
· Middle East Africa
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Additionally, the report consists a detailed analysis of the segmentation of the Viral Molecular Diagnostics market based on product types and end-use/application offered in the Viral Molecular Diagnostics market.
Market segment by Virus Type:
· Hepatitis B Virus (HBV)
· Hepatitis C Virus (HCV)
· Human Immunodeficiency Virus (HIV)
· Human Papillomavirus (HPV)
Market segment by Application:
· Infectious Diseases
· Blood Screening
Market segment by End-User:
· Academic Institutions
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