Molecular Diagnostics Market 2022: Size, Share, Drivers, Restraints, Analysis and Forecast-2027
Molecular Diagnostics Market The market for molecular diagnostics is set to reach US$16.32 billion by 2025. As per Global Market, the global market is anticipated to witness growth owing to the factors such as technological advancements in molecular diagnostics as well as the increasing prevalence of hospital-acquired infections. However, the market will face challenges and restraints due to the stringency of molecular diagnostics regulations and the restrictive nature of the regulatory framework during the forecast period. The global molecular diagnostics market , during the forecast period, will register growth at a CAGR of 8.57%. The detection of numerous diseases in the market is set to play a key role in determining the growth potential during 2016 to 2025 years. Analysts have also studied the molecular diagnostics industry to understand potential threats and challenges the molecular diagnostics industry companies could face. Although the molecular diagnostics industry is pois