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The molecular diagnostics market size is forecast to increase by USD 7.92 billion, at a CAGR of 5.84% between 2023 and 2028. The industry's growth is influenced by factors such as the rising prevalence of age-related diseases, global acceptance of innovative treatment options, and strong demand from emerging markets. This field focuses on analyzing DNA, RNA, and other molecules to detect disorders, infectious diseases, and cancer. Additionally, molecular diagnostics are essential for identifying, assessing, and monitoring conditions like age-related illnesses and cancer, as they offer personalized insights into an individual's genetic predispositions, symptoms, disease progression, and response to treatments. The intersection of molecular diagnostics and synthetic biology is becoming increasingly significant, as advancements in synthetic biology improve the precision and efficiency of molecular diagnostics techniques, resulting in more accurate disease detection and tailored treatment options. The market has seen growth driven by these advancements and the heightened interest in personalized healthcare.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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