Global Molecular Microbiology Market is Set for a Positive Growth Forecast at CAGR of 10.2% till 2023

Bharat Book Bureau Provides the Trending Market Research Report on “Global Molecular Microbiology Market, Forecast to 2023” under Life Sciences category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Molecular diagnostics is a collection of techniques used to analyze biological markers in the genome and proteome—the individual's genetic code and how their cells express their genes as proteins—by applying molecular biology to medical testing.

Mainly because of their relative simplicity, ease of manipulation and growth in vitro, and importance in medicine, bacteria were instrumental in the development of molecular biology.

Scope of the Report:
- This report focuses on the Molecular Microbiology in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- Molecular diagnostics are highly effective in diagnosing infectious diseases and performing preventive cancer screening thus helping healthcare professionals to prescribe accurate therapeutic interventions in the early stages of diseases. Increasing prevalence of hospital acquired infections and other communicable infections are anticipated to drive the sector expansion over the forecast period.

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The classification of molecular microbiology includes quantitative PCR detection diagnostic kits, pathogenic microorganisms’ diagnostic kits and other. The proportion of pathogenic microorganisms’ diagnostic kits in 2016 is about 45.8%. PCR was the largest segment in terms of revenue generation, Moreover, the growing availability of diseases-specific; real time PCR kits are further estimated to boost the growth.

Molecular Microbiology is application for human and veterinary. The most of Molecular Microbiology is used for human, and the market share in 2016 is about 92.5%.

The worldwide market for Molecular Microbiology is expected to grow at a CAGR of roughly 10.2% over the next five years, will reach 8290 million US$ in 2023, from 4630 million US$ in 2017.

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