Europe Molecular Diagnostics market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.5% in the forecast period of 2021 to 2028 and is expected to reach USD 13,637.22 million by 2028. Increase in prevalence of infectious diseases and cancer is expected to boost the growth of the molecular diagnostics market.

Insights covered in the wide ranging EUROPE MOLECULAR DIAGNOSTICS market report enable the buyer of the report to achieve a telescopic view of the competitive landscape and plan the business strategies accordingly to thrive in the market. An expert team, in coordination with project managers, presents the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. What is more, global EUROPE MOLECULAR DIAGNOSTICS market report underlines various strategies that are used by top market players in the EUROPE MOLECULAR DIAGNOSTICS industry. Market research reports are very influential in many ways to grow business.

Besides, EUROPE MOLECULAR DIAGNOSTICS marketing research report assists in planning by providing accurate and state-of-the-art information about the consumer’s demands, their buying preferences, attitudes and their changing tastes about the specific product. The report deals with several markets internationally including Asia, North America, South America, and Africa in accord with the client’s needs. To acquire knowledge about the current and future market status, global, local and regional level is considered in this report which offers business insights at the extensive marketplace. The EUROPE MOLECULAR DIAGNOSTICS business report also illustrates the CAGR values for the historic year 2018, the base year 2019, and the forecast for the year 2020-2027.

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Europe Molecular Diagnostics Market Scope and Size

The molecular diagnostics market is segmented based on the products, technology, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

·         On the basis of technology, the molecular diagnostics market is segmented into mass spectrometry (MS), capillary electrophoresis, next generation sequencing (NGS), chips and microarray, polymerase chain reaction (PCR)-based methods, cytogenetics, in situ hybridization (ISH or FISH), molecular imaging and others. In 2021, the polymerase chain reaction (PCR)-based methods segment is expected to dominate the molecular diagnostics market due to increased demand for PCR kits to diagnose COVID-19 and curb the pandemic.

·         On the basis of products, the molecular diagnostics market is segmented into reagents & kits, instruments and services & softwares. In 2021, the instruments segment is expected to dominate the molecular diagnostics market due to the rise in demand for advanced technology to diagnose diseases such as infectious diseases, cancer and others.

Some of the key questions answered in this report:

• How has the Europe Molecular Diagnostics Market performed so far and how will it perform in the coming years?

• What has been the impact of COVID-19 on the Europe Molecular Diagnostics Market?

• What are the key regional markets?

• What is the breakup of the market based on the procedure?

• What is the breakup of the market based on the injury location?

• What is the breakup of the market based on the end user?

• What are the various stages in the value chain of the industry?

• What are the key driving factors and challenges in the industry?

• What is the structure of the Europe Molecular Diagnostics Market and who are the key players?

• What is the degree of competition in the industry?

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 Market Analysis and Insights:

Molecular diagnosis identifies or diagnoses diseases such as infectious diseases, genetic diseases, cardiovascular diseases, neurological diseases, and others by studying molecules such as DNA, RNA, protein in a tissue or a fluid. Different technologies such as PCR, mass spectrometry, -generation sequencing, cytogenetics, in situ hybridization, molecular imaging and others are used to diagnose different diseases.

Rising demand for molecular diagnostic tools to diagnose COVID-19 is expected to boost the growth of the molecular diagnostics market. High cost of instrumentation is expected to act as a major restraint for the growth of the molecular diagnostics market. 

Europe Molecular Diagnostics Market Share Analysis

The molecular diagnostics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve.

Key major players operating in the Europe Molecular Diagnostics market are

Abbott, Siemens Healthcare GmbH, Thermo Fisher Scientific Inc., BD, bioMérieux SA, Cepheid, Hologic, Inc., Myriad Genetics, Inc., QIAGEN, Agilent Technologies, Inc., Quidel Corporation, Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., Illumina, Inc., IMMUCOR, Luminex Corporation, Meridian Bioscience, F Hoffmann-La Roche Ltd and GenMark Diagnostics, Inc. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

MAJOR TOC OF THE REPORT

• Chapter One: Introduction

• Chapter Two: Market Segmentation

• Chapter Three: Market Overview

• Chapter Four: Executive Summary

• Chapter Five: Premium Insights

• Chapter Six: Europe Molecular Diagnostics Market Share by Product & Procedure type

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