The latest market intelligence study on the Molecular Diagnostics Point of Care market brings in the best of both qualitative and quantitative assessment techniques to explore the market size, share, and status of the Molecular Diagnostics Point of Care market for the forecast period, 2020 – 2027. The Global Molecular Diagnostics Point of Care Market is projected to reach USD 4.84 billion in 2027. The main factors that are expected to strengthen high growth potential for POC MDx products are continuing research and development to miniaturize tests with molecular diagnostics that enable increased patient testing with higher precision and lower turnaround times.

Increasing demand in non-laboratory environments like pharmacy clinics, doctors, and home care tests, which are, by definition, portable and safe, would likely lead to lower demand on the market over the forecast period. The demand is expected to increase in CLIA tests. A number of large international bodies, including governments of developing countries, actively support and finance continuous research and development.

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The report also discusses key players involved in the market, such as Abbott Laboratories, Bayer Healthcare, Roche Diagnostics, Bio-Rad Laboratories, Danaher Corporation, BioMerieux, Dako, Abaxis Inc., OraSure Technologies Inc., and Nipro Diagnostics, others. as well as new entrants in the market. The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

Based on Type, the Naval Intelligence Surveillance and Reconnaissance Market is segmented into:

• PCR-based
• Genetic Sequencing-based
• Hybridization-based
• Microarray-based

 Based on Application, the Naval Intelligence Surveillance and Reconnaissance Market is segmented into:

• Infectious Diseases
• Oncology
• Hematology
• Prenatal Testing
• Endocrinology
• Others

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Key insights presented in the report:

• POC MDx research is used in the majority of consumer incomes for infectious diseases due to the existence of several big business companies with a wide product selection.
• Another factor accountable for the dominance of this section is the rising burden of infectious disease in developed and developing countries.
• The biggest business segment to produce sales is PCR-based POC studies. The widespread use of PCR-based technology for PCR products for molecular diagnosis and marketing has created plenty of incentives for the growth of the segment.
• North America was the largest region, contributing much of the world's revenue due to the existence of the highly technical, medical system, government, and private investments in RD to improve MDx POC tests.
• In May 2020, Becton Dickinson to extend the MDx diagnostic acquisition to the points of care
• The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.

The report also discusses key players involved in the market, such as Abbott Laboratories, Bayer Healthcare, Roche Diagnostics, Bio-Rad Laboratories, Danaher Corporation, BioMerieux, Dako, Abaxis Inc., OraSure Technologies Inc., and Nipro Diagnostics, others. as well as new entrants in the market. The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

Key Questions Answered in the Report:

• What will be the estimated growth rate of the Molecular Diagnostics Point of Care market by 2027?
• Who are the prominent distributors, vendors, and manufacturers of the market?
• What are the driving and restraining factors of the growth of the Molecular Diagnostics Point of Care market throughout the forecast period?
• What are the current and future market trends of the Molecular Diagnostics Point of Care market?
• What are the sales and price analysis of the product by types, applications, and regions?
• What are the expected opportunities for the companies and new entrants in the coming years?

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The report demonstrates the progress and advancement achieved by the global Molecular Diagnostics Point of Care market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.

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