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(Medical-NewsWire.com, March 30, 2016 ) Among the various products, the instrument segment leads the market, due to improved healthcare facilities, and its inexpensive cost structure. However, the services and software segment is expected to grow with the fastest rate during the forecast period. Among the various technologies, the PCR segment accounted for the largest share in the global market of DNA diagnostics, due to its frequent usage in diagnostic procedures, such as sample separation, isolation, and preparation of the DNA sample. And among the various applications, the oncology segment dominated the market of DNA diagnostic, due to increasing prevalence of chronic diseases and growing geriatric population.
Explore more about “DNA Diagnostics Market” at: https://www.psmarketresearch.com/market-analysis/dna-diagnostics-market
The unexplored market in the DNA diagnostics industry of the developing economies is creating abundant growth opportunities for the global market. The product launches, and collaborations and partnerships are some of the major trends witnessed in the global market. DNA diagnosis technique helps healthcare professionals to identify various chronic and infectious diseases, such as cancer, hepatitis, tuberculosis and human immunodeficiency virus (HIV) accurately and cost effectively.
Some of the factors driving the growth of the global DNA diagnostics market are growing prevalence of chronic and infectious diseases, increasing adoption of personalized medicine, improving healthcare infrastructure in developing countries, and growing geriatric population. In addition, the increasing research and development in the field of biotechnology, increasing healthcare expenditure, and increasing demand for prenatal screening and new born testing are also fueling the growth of the global market. However, the high cost involved in research and development, strict regulatory requirement and lack of reimbursement policies are some of the factors, restraining the growth of the global DNA diagnostics market.
Geographically, North America is expected to dominate the global market during the forecast period, due to increasing prevalence of chronic and infectious diseases, and increasing adoption of DNA diagnostics technology. In addition, the refined healthcare infrastructure, and strong government initiatives and funding for DNA testing are also fueling the growth of the North American market. Asia-Pacific is expected to be the fastest growing region during the forecast period, due to increasing healthcare expenditure, and large pool of undiagnosed patients in the region. In addition, the Asia-Pacific market is growing due to increasing awareness about healthcare and improving healthcare infrastructure in the emerging countries, such as India and China.
Some of the companies operating in the global DNA diagnostics market are Sysmex Corporation, Abbott Laboratories, F. Hoffmann-La Roche Ltd., Bayer Diagnostic, Illumina Inc., Gen-Probe Inc., Cephide Inc., Johnson and Johnson, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., and Novartis AG.
Global DNA Diagnostics Market Segmentation
By Product Type
Instruments
Reagents
Software and Services
By Technology
Polymerase Chain Reaction (PCR)
In situ Hybridization
Microarrays
Mass Spectrometry
Sequencing Technology
Others
By Application
Oncology
Infectious Disease Testing
Myogenic Disorder Diagnosis
Clinical Diagnosis Confirmation
Pre-implantation Diagnosis
Prenatal Diagnosis
Others
By End User
Point of Care
Central Laboratories or Diagnostic Centers
Self-testing
By Geography
North America
o U.S.
o Canada
Europe
o Germany
o U.K.
o France
Asia-Pacific
o Japan
o China
o India
Rest of the World
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