1 / 6

PCR & NGS based diagnostic testing market trends research and projections for 20

The PCR & NGS based diagnostic testing market trends are analysis from recent past with an eye on coming years in this report that also offers projections for PCR & NGS based diagnostic testing industry targeted at helping in business decisions.

Kiransable07
Download Presentation

PCR & NGS based diagnostic testing market trends research and projections for 20

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. PCR & NGS Based Diagnostic Testing Market Trends Research And Projections For 2021- 2027 • A research study conducted by Global Market Insights, Inc., suggests that PCR & NGS based diagnostic testing market is likely to exceed the $26.5 billion mark by 2027, in terms of revenue. Growing prevalence of infectious and chronic diseases across the globe has spurred the demand for efficient and faster diagnostic solutions such as PCR & NGS based diagnostic test kits. • With recent worldwide outbreak of COVID-19, demand for PCR & NGS based diagnostic testing has been increasing around the globe. The course of the coronavirus infection is known to be more acute in elderly population due to their reduced immunity and body reserves. This population base is at significantly higher risk of suffering from severe disease after infection from SARS-COV-2 leading to a high mortality rate. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. According to the World Health Organization statistics, around 95% of the individuals who died during 2020 COVID pandemic were aged 60 years or above. In fact, it has been estimated that the proportion of geriatric population will almost double from 12% to 22% over the span of 2015 to 2050. This is expected to impel the product demand further. • The overall PCR & NGS based diagnostic testing systems are segmented into equipment, consumables and labware. Out of these, labware that include glassware and other small equipment, is witnessing a heightened demand for use in the back end of diagnostic testing process. This is majorly due to the increasing testing volumes all over the world. In addition, with rising number of diagnostic and research labs across the globe, demand for labware is further increasing. Considering the impelling demand, labware segment is estimated to record a CAGR of around 3% through 2027. • PCR & NGS based diagnostic tests are in huge demand across hospitals, clinics, ambulatory setting and diagnostic centers. Ambulatory settings, which include small outpatient facilities with basic diagnostic services are however, registering higher adoption rate. They comprise of makeshift diagnostic facilities that are temporarily setup during the events like the COVID-19 crisis. Demand across these settings increased significantly during the pandemic and initiatives undertaken by the government authorities during this event. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/5057 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • Speaking of the regional outlook, India has emerged as a major consumer of PCR & NGS based diagnostic testing kits. According to the report, PCR & NGS based diagnostic testing industry in India accounted for over USD 2.7 billion in 2020. This can be credited to increased adoption of diagnostic tests driven by rising cases of infectious diseases in the country. In addition, larger impact of COVID-19 has instigated the demand for RT-PCR tests in in the country. Rising product demand coupled with increasing investments by major players towards distribution of their products in Asian countries is also favoring the regional growth. • Competitive Analysis • The key players operating in the global PCR & NGS based diagnostic testing market are Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Eppendorf AG, Fluotics, Hamilton Company, Illumina, Inc., Integra LifeScience Holdings Corporation, MGI Tech Co., Ltd, Mascon, Inc., QiagenInc, Roche Diagnostics, Thermo Fisher Scientific, Thomas Sxcientific (The Carlyle Group), and VWR International (Avantor, Inc.). Request for Customization @ https://www.gminsights.com/roc/5057 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On PCR & NGS Based Diagnostic Testing Market @ https://www.gminsights.com/industry-analysis/pcr-ngs-based-diagnostic-testing-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/5057 Request for customization: https://www.gminsights.com/roc/5057 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

More Related