Press release -
Molecular Diagnostics Global Industry Growth and Research Share 2014
Over the years, medical science has made unprecedented progress in almost every sphere of human anatomy. In the pursuit, pathological sciences, in particular, have brought forth advancements that rendered the possibility of deploying certain tests that are performed on patient samples, including blood and tissues, in order to detect the presence of concerning physiological/pathological state, or concerning congenital abnormality. Essentially, In-vitro Diagnostics (IVD) have earned the title of ‘silent champion’ of the healthcare industry since this segment influences more than half of the decision-making in the overall healthcare industry.
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Under
this umbrella, the fastest growing segment, i.e. molecular diagnostics,
involves performing analysis at the molecular level, and thereby
measurement of DNA, RNA, proteins or metabolites to detect genotypes,
mutations or biochemical changes, or to test for specific states of
health or disease. Such diagnostic methods are capable of detecting
viruses, bacteria, and parasites at a fast pace with greater sensitivity
and specificity and thus, have been receiving greater inclination from
physicians and affiliates.
The molecular diagnostics procedures
for infectious diseases including CT/NG, HPV; encompasses four major
disciplines: Virology, Bacteriology, Genetics and Blood Screening. Due
to certain underlying factors, the oncology segment of the market is
poised to undergo noteworthy expansion in the near future and thereby
driving the molecular diagnostics market on the holistic basis. As of
now, the global molecular diagnostics market is characterized by growth
in large value mergers and acquisitions, personalized treatment in the
field of oncology and reimbursement trend.
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The report presents
thorough analysis of the global molecular diagnostics market and its
various segments and also provides detailed information pertaining to
its superset market, i.e. the diagnostics and the IVD industry. It
further discusses the various trends, growth drivers and challenges
faced by the industry. In addition to the market contention prevalent in
the global molecular diagnostics market, major industry players
including Roche Holdings, Novartis, Hologic and Qiagen are profiled
herein.
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By
combining SPSS Inc.’s data integration and analysis capabilities with
our relevant findings, we have projected the future growth of the
industry. We employed various significant variables that have an impact
on this industry and created regression models with SPSS Base to
determine the future direction of the industry. Before deploying the
regression model, the relationship between several independent or
predictor variables and the dependent variable was analyzed using
standard SPSS output.
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