Healthcare Research Molecular Diagnostics Market Research Report | Page 3
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underdeveloped countries, rising awareness about early detection of diseases, and high
procedure volumes.
The PoC is expected to project a lucrative growth with a CAGR of more than 14%. The
growth of this segment can be attributed to the increasing demand of bedside patient
monitoring and innovative technological devices.
Regions are fragmented into North America, Latin America, Europe, Asia Pacific, and the
Middle East & Africa (MEA). America dominated the market with over 40% revenue share.
Asia Pacific is likely to exhibit a growth of around 12%CAGR in the coming years.
The key global players of the molecular diagnostics market include Siemens Healthcare
GmbH, Novartis AG (Grifols), F. Hoffmann-La Roche Limited, and Johnson & Johnson.
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