Point-of-care diagnostic tests provide a relatively shorter turnaround time, reduce the need for complex and time-intensive sample preparation steps, and offer accurate results quickly. Increasing prevalence of infectious diseases, outbreak of highly infectious diseases caused by pathogenic microorganisms, and rising need for point of care testing solutions are some key factors expected to drive market revenue growth over the forecast period. Point-of-care molecular diagnostics enable technologies and laboratories to carry out these tests outside the settings of microbiology laboratories owing to availability of streamlined sample-to-answer assays that require minimal processing and reduced hands-on time. Molecular Diagnostics Point of Care Market: Drivers Continuing R&D, potential marketing and implementation, and the use of POC MDx products, consumer growth, penetration levels, and income flow for these products will help to grow and broaden the consumer. A significant number of marketing campaigns and new drug development cycles are projected to take place over the next decade to support the projected high growth rate in molecular diagnostics. In the past decade, the healthcare segment has concentrated on the improvement of two main aspects of molecular diagnostics: prevention and early detection, rather than finding a cure, strengthening the portable testing capabilities.Ĭonsequently, it has been found that, in this concerted effort towards diagnostic capabilities and enhancing PoC testing, a broad revenue stream is slowly being targeted. These are innovations that can enhance the present molecular diagnostic system to make the process more reliable and rapid. The use of selective analysis of mutations using comparatively more compact sequence analysis tools, in order to diagnose 'single-gene' ailment and extremely concurrent next-gen testing, enables multi-gene simultaneous testing and can be used for direct clinical trial sequences. Furthermore, increasing knowledge of molecular processes and the advancement of DNA sequencing and study in both rare and common disorders is another aspect that is expected to improve POC molecular diagnostics. In the first case, this will help administer medication without waiting for final tests. POC Molecular testing helps doctors to increase the quality of care by integrating quick diagnosis and treatment decisions at the patient's first visit in lieu of hours and days. Another driving force of the industry is the very short duration of high-quality test performance. ![]() Such contemporary techniques allow for an impressive improvement in molecular diagnosis. More accurate and faster research methods and tests are expected to drive market growth during molecular testing. The global molecular diagnostics point of care market is estimated to grow at a CAGR of 10.6% from USD 2.04 billion in 2019 to USD 4.84 billion in 2027.
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