Automated Molecular Assay Market was valued at USD 33.94 Bn in 2022, and it is expected to reach USD 56.23 Bn by 2029, exhibiting a CAGR of 7.48 % during the forecast period 2023-2029.
Automated Molecular Assay Market Overview:
Extensive Automated Molecular Assay Market analysis is carried out by attentively monitoring important product positioning and the market framework’s top competitors. Key competitors are profiled and their tactics are extensively examined to grasp the competitive perspective of the global Automated Molecular Assay market.
Market Scope:
This research on the Automated Molecular Assay industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Automated Molecular Assay utilizing internal and external private information, as well as relevant patent and regulatory sources.
Automated Molecular Assay Market Dynamics:
Automation shortens the hands-on period, improves the quality and output of the results, and allows less skilled staff to carry out sophisticated analytical procedures. The global market for molecular assays is being driven by advances in molecular diagnostic testing and instrument automation. The use of molecular tests in therapeutic monitoring is being driven by advancements in automated molecular assays with lower handling errors.
By altering the landscape of individualized care, new advancements in pathogen and microRNA identification are assisting in the market’s ongoing growth. The global market is growing as automated molecular assays with increased efficacy become more widely used. For the worldwide market, NGS technology and life science innovations provide attractive potential.
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Automated Molecular Assay Market Segmentation:
The research divides the market for automated molecular assays into various divisions. To forecast the revenues and examine the market shares of each segment during the forecast period, data was analyzed by technique, testing type, application, end-user, and region.
The Polymerase Chain Reaction (PCR), Enzyme-Linked Immuno-Sorbent Assay (ELISA), Microarrays, Lab-on-Chip Assays, Gene Expression Profiling Assays, and Other Biochemical Assays categories make up the Technique section of the Global Automated Molecular Assay Market. By 2029, the Polymerase Chain Reaction (PCR) market share is anticipated to reach from its dominance in 2022. The two main methods used by international healthcare systems to test people for Covid-19 at the moment are polymerase chain reaction (PCR) and antibody testing.
Key Players:
A team of research professionals updates and amends our data regularly to reflect the most recent trends and facts. To fulfill the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff uses proprietary data sources as well as a range of additional approaches. The key players in the Automated Molecular Assay business are…
1.F. Hoffmann-La Roche Ltd
2.Luminex Corporation
3.Molecular Devices LLC
4.Becton, Dickinson and Company
5.Siemens Healthcare GmbH
6.Tecan Trading AG
7.Agilent Technologies Inc.
8.Thermo Fisher Scientific Inc.
9.Invivoscribe
10.Myriad Genetics Inc.
11.Hologic Inc.
12.bioMérieux SA
13.Abbott Laboratories
14.QIAGEN
15.Danaher Corporation
16.Illumina Inc.
17.Roche Holding AG
18.Enigma Diagnostics Ltd.
19.Bio-Rad Laboratories, Inc.
20.Cepheid, Inc.
21.PerkinElmer Inc.
22.AutoGenomics
23.ELITech Group.
Regional Analysis:
The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.
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COVID-19 Impact Analysis on Automated Molecular Assay Market:
The spread of the COVID-19 pandemic has had a wide-ranging influence on people’s lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market’s initial and future projections.
Key Questions Answered in the Automated Molecular Assay Market Report are:
- What will be the CAGR of the Automated Molecular Assay market during the forecast period?
- Which segment emerged as the leading segment in the Automated Molecular Assay market?
- Which are the prominent players in the Automated Molecular Assay market?
- What will be the Automated Molecular Assay market size by 2027?
- Which company held the largest share in the Automated Molecular Assay market?
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