Molecular Diagnostics Market Worth $25.59 billion by 2029
Meticulous Research ® —a leading market research company, published a research report titled ‘ Molecular Diagnostics Market by Product (Reagents & Kits, Systems, Software), Test Type (Lab, PoC), Technology (PCR, ISH, INAAT, Sequencing, Microarray), Application (Infectious Diseases, Oncology), End User (Hospital, Diagnostic Lab) - Global Forecast to 2029”. According to this latest publication from Meticulous Research ® , the molecular diagnostics market is projected to reach $25.59 billion by 2029, at a CAGR of 9.8% from 2022 to 2029. Technological advancements in molecular diagnostics, the increasing use of PoC diagnostic tests, the increase in focus and funding for R&D of diagnostic products, and the rising geriatric population and increasing prevalence of target diseases are the factors contributing to the growth of this market. Additionally, growth opportunities in emerging countries and developments in companion diagnostics are expected to offer significa...