What is Viral Molecular Diagnostics?
Viral molecular diagnostics are the processes used to analyze how individual’s cells express their genes as protein. There are various molecular techniques such as met-generation sequencing, DNA sequencing, Polymerase Chain Reaction (PCR) microarrays, and others. These techniques are used to analyze and monitor various diseases, risk associated with diseases, and others factors in order to determine which therapies would work better.
The market study is broken down by Type (Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), Human Immunodeficiency Virus (HIV) and Human Papillomavirus (HPV)), by Application (Infectious Diseases, Genetics, Blood Screening, Microbiology and Others) and major geographies with country level break-up. and may see market size of USD17.6 Billion by 2027.
Analysts at AMA Research estimates that Players from American will contribute to the maximum growth of Global Viral Molecular Diagnostics market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboraories (United States), Bio-Rad Laboratories (United States), Becton Dickinson (United States), Roche Holding AG (Switzerland), Gen-Probe (United States), Qiagen (Germany), Olympus (Japan) and Thermo Fisher Scientific (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Affymetrix, Inc. (United States), Auto Genomics Inc (United States), Beckman Coulter (United States), BioMérieux SA (France), Meridian Bioscience, Inc (United States) and Sanofi (France).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Viral Molecular Diagnostics market by Type, Application and Region.
On the basis of geography, the market of Viral Molecular Diagnostics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Viral Molecular Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology Type, the sub-segment i.e. Polymerase Chain Reaction (PCR) will boost the Viral Molecular Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Growing Use of Viral Molecular Diagnostics in Detection of target
- Genes of Interest
Market Drivers
- Rise in Demand for Advanced Molecular Tests
- Growing Outbreak of Viral Infection Diseases
Opportunities
- Technological Advancement in Molecular Diagnostics
- Development of Low-cost Viral Molecular Diagnostics Techniques
Restraints
- High Cost of Viral Molecular Diagnostics
- Lack of Skilled Personnel to Diagnose Viral Molecular
Challenges
- Advent of Cost-effective Alternative Microfluidic Technology
Key Target Audience
Viral Molecular Diagnostics Service Providers, End-user Industries, Market Research and Consulting Firms, Government Bodies and Research Institutes, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.