|[March 31, 2014]
Research and Markets: Roche, Hologic, Qiagen, Becton Dickinson and Abbott Estimated to Have Earned 60% of Revenues in the 5.5 Billion Molecular Diagnostics Market in 2013
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/h7699f/the_worldwide)
has announced the addition of the "The
Worldwide Market for Molecular Diagnostics - 6-Month Update"
report to their offering.
Molecular diagnostics is becoming a dominant platform in clinical
medicine and represents one of the fastest-growing segments of the
Many molecular tests are CE Marked and FDA-cleared and many more are in
development. However many more unique tests have been launched as test
services, especially for cancer management and infectious disease
The report provides breakout of key market segments for molecular
diagnostic markets i world regions, including developed nations and
It is expected that top-tier companies will continue to dominate due to
their global reach and multi-segment participation. Further, as IVD
markets in N. America and Europe offer little growth opportunities for
the vast number of tests, the top tier has invested in molecular and
personalized medicine testing and also has reinforced international
connections. The report notes that while the names of the players
dominating molecular testing have not changed extensively in recent
years, their revenue growth rates have. High growth has shifted to
innovators, while leaders are seeing flatter revenues.
The report indicates that IVD veterans Becton Dickinson, Gen-Probe (now
part of Hologic), Abbott Diagnostics and Siemens (News - Alert) Healthcare hold their
own in a highly competitive environment, while newcomers Meridian
Biosciences and GenMark have made gains with user-friendly infectious
disease tests. Meanwhile Pharma specialist Novartis has bailed out of
the blood screening business to concentrate on other business units.
- Becton Dickinson
For more information visit http://www.researchandmarkets.com/research/h7699f/the_worldwide
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