Molecular diagnostics market growth
The global market in molecular diagnostics is expected to reach $9.5 billion by 2022, experiencing year on year steady growth.
Early diagnosis will be a prevailing field in medical sciences, with molecular diagnostics playing a large part, particularly in oncology, which is expecting CAGR of 12% over the timeframe.
The Asia-Pacific region in particular is likely to experience CAGR of around 12%, making it a potentially lucrative market to extend into. This expected high growth is due to increased healthcare infrastructure.