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Global DNA Probe-Based Diagnostic Market - Growing Incidence of Cancer to Boost Growth | TechnavioThe global DNA probe-based diagnostic market is expected to grow at a CAGR of close to 11% from 2017-2021, according to a new market research report by Technavio. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171129005625/en/ 
Technavio has published a new market research report on the global DNA probe-based diagnostic market from 2017-2021. (Graphic: Business Wire) Global DNA probe-based diagnostic market segmentation by application and geography Technavio's report on the global DNA probe-based diagnostic market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by application, to include infectious diseases and cancer testing. The infectious disease segment dominated the market with more than 38% of the market share in 2016, owing to its ability to identify pathogenic microorganisms. Based on geography, the global DNA probe-based diagnostic market has been segmented into the Americas, EMEA, and APAC. As of 2016, over 47% of the market share was contributed by the Americas, due to the use of DNA probe-based diagnostics for diseases such as cancer. "In countries such as Mexico, Chile, Brazil, and Argentina, the need for molecular diagnostics is high because of the growing incidence and prevalence of cancer. The presence of effective public policies in Brazil to reduce high costs of molecular diagnostic tests is being backed by large vendors as they are setting up R&D facilities in the country," says Tasneem Ali, a lead analyst at Technavio for lab equipment research. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. DNA probe-based diagnostic market: competitive vendor landscape The global DNA probe-based diagnostic market is characterized by the presence of diversified international and regional local vendors. Regional vendors are finding it difficult to compete with key players who are internationally expanding their base in terms of quality, price, and market reach. International players are expected to grow by acquiring regional or local players. Fast-developing APAC countries such as India, China, Japan, Australia, and Singapore provide profitable opportunities for many international players to expand their presence in the market. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Other topics covered in the report: Market drivers:
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Get a sample copy of the global DNA probe-based diagnostic market report free of cost Access Technavio's continuously growing lab equipment research library and find expert analysis on hundreds of markets. About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: http://www.businesswire.com/news/home/20171129005625/en/ |
