Dna Diagnostic Market Is Anticipated To Grow At A Cagr Of 9%-12% During 2020-2026

By Author: Lucintel LLC
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The global DNA diagnostic market is projected to grow at a CAGR of 9%-12% during 2020-2026. The growth of DNA diagnostic market is driven by continuous product modifications, increased preference for efficient diagnostic platforms, and increased research & development activities.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the DNA diagnostic market by product (instruments, reagents, and service & software), technology (microarray based, PCR based, in-situ hybridization, and NGS DNA diagnosis), application (pre-natal DNA carrier screening, pre-implantation diagnosis, newborn genetic screening, infectious disease diagnostics, oncology diagnostics & histopathology, identity diagnostics & forensics, and pharmacogenomics diagnostic testing & drug metabolism/P450 effects), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the DNA diagnostic market?
Q.4 What are some changing ...
... demands of customers in the DNA diagnostic market?
Q.5 What are the new developments in the DNA diagnostic market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this DNA diagnostic area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this DNA diagnostic market?
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Market Segmentation:
Based on product, the DNA diagnostic market is segmented into instruments, reagents, and service & software. The instruments segment accounted for the largest share of the market in 2020 due to improved healthcare facilities, availability of user-friendly instruments, their competitive cost structure, reliability, and size.
North America is expected to be the largest region over the forecast period due to the presence of sophisticated healthcare infrastructure, strong government initiatives, proactive funding for DNA testing research, and high prevalence of chronic diseases in the region.
Key Players in the DNA diagnostic market are GE Healthcare, Abbott Laboratories, Agilent Technologies, Beckman Coulter, Bio-Rad Laboratories, Thermo Fisher Scientific, Illumina, Cephide, Hologic, Transgenomic, Siemens Healthcare, Roche Diagnostics, and Qiagen.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/dna-diagnostic-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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