Corporate Banner
Satellite Banner
Molecular & Clinical Diagnostics
Scientific Community
 
Become a Member | Sign in
Home>News>This Article
  News
Return

$7.8 Billion Molecular Diagnostics Market Positioned for Significant Growth

Published: Wednesday, July 10, 2013
Last Updated: Wednesday, July 10, 2013
Bookmark and Share
New analysis sizes the MDx market, analyzes key market drivers, and provides detailed forecasts through 2015 across major sectors.

G2 Intelligence announces the release of U.S. Molecular Diagnostic and Genomic Testing 2013-2015: Laboratory Industry Analysis, Trends, and Forecasts, a new resource for stakeholders in MDx testing. In conjunction with the release of the study, G2 currently gauges the MDx market at $7.8 billion in 2013.

“Like other health care sectors, molecular diagnostics is experiencing disruptive forces that are redefining the very core of care, delivery, and reimbursement models,” according to L. Eleanor Herriman, M.D. M.B.A., Managing Director of G2 Intelligence Advisory Services, and one of the report’s analysts. “These forces are largely driven by the reactions of health care payers and policy makers to the national health care cost crisis, and the shift to a value-based system. MDx is uniquely positioned to play a central role in value-based health care, but must first navigate some challenging regulatory and payer issues.”

U.S. Molecular Diagnostic and Genomic Testing clarifies the market with:

•    Market sizing and growth forecasts through 2015 across seven MDx sectors:
o    Hematology-Oncology (Hem-Onc)
o    Pharmacogenomics (PGx)
o    Women’s Health
o    General Infectious
o    Inherited
o    Transplant
o    Blood Screening

•    Analysis of key market drivers and inhibitors

•    Platform usage by test type including:

o    Abbott, ABI, Access, Autogenomics, BD (Becton, Dickinson and Company), Bio Rad Biocare, Cepheid, Dako, Focus, GenMark, Gen-Probe, Leica, Luminex Qiagen, Roche, Ventana and more

•    Menu availability and in-house vs. send out analysis, by test including:

o    Adenovirus, ALK, BCL-2, BCR/ABL, BK Virus, Bordetella, BRAF, C-Diff, Chlamydia/Gonorrhea, C-KIT, CMV Cytomegalovirus, Cystic Fibrosis, EBV (Epstein-Barr), EGFR, Enterovirus, FLT3, Group A Strep, Group B Strep,HBV Viral Load, HCV Viral Load and Genotyping, HER-2, Herpes (HSV), HIV Viral Load and Genotyping, HPV, HPV Genotyping, HPV non-cervical, Influenza A/B, JAK-2, KI-67, KRAS, MRSA or SA, Norovirus, Respiratory Virus, Trich, Tuberculosis, VRE, VZV (Varicella Zoster)

•    How and why Pharmacogenomics is poised to grow

•    Next Generation Sequencing challenges and solutions

•    And much more...

“Where there is volatility, there is opportunity,” says Jennifer Musumeci, MS, and Associate Director of G2’s Advisory Services. “While there is significant variability in growth rates within MDx sectors, the overall market will expand in 2013, despite the bumpy road in the short term. It’s essential for labs, IVD manufacturers, health care payers and providers to find out where they stand, and where these game-changing diagnostics are headed. This new report fills that void with a wealth of valuable data.”


Further Information

Join For Free

Access to this exclusive content is for Technology Networks Premium members only.

Join Technology Networks Premium for free access to:

  • Exclusive articles
  • Presentations from international conferences
  • Over 2,900+ scientific posters on ePosters
  • More than 4,200+ scientific videos on LabTube
  • 35 community eNewsletters


Sign In



Forgotten your details? Click Here
If you are not a member you can join here

*Please note: By logging into TechnologyNetworks.com you agree to accept the use of cookies. To find out more about the cookies we use and how to delete them, see our privacy policy.


Scientific News
‘Smelling’ Prostate Cancer
A research team from the University of Liverpool and the University of the West of England (UWE Bristol) has reached an important milestone towards creating a urine diagnostic test for prostate cancer that could mean that invasive diagnostic procedures that men currently undergo eventually become a thing of the past.
Criminal Justice Alcohol Program Linked to Decreased Mortality
Institute has announced that in the criminal justice alcohol program deaths dropped by 4.2 percent over six years.
Charting Kidney Cancer Metabolism
Changes in cell metabolism are increasingly recognized as an important way tumors develop and progress, yet these changes are hard to measure and interpret. A new tool designed by MSK scientists allows users to identify metabolic changes in kidney cancer tumors that may one day be targets for therapy.
Individuals' Medical Histories Predicted by their Noncoding Genomes
Researchers have found that analyzing mutations in regions of the genome that control genes can predict medical conditions such as hypertension, narcolepsy and heart problems.
'Molecular Movie' Opens Door to New Cancer Treatments
An international team of scientists led by the University of Liverpool has produced a 'structural movie' revealing the step-by-step creation of an important naturally occurring chemical in the body that plays a role in some cancers.
Advancing Synthetic Biology
Living systems rely on a dizzying variety of chemical reactions essential to development and survival. Most of these involve a specialized class of protein molecules — the enzymes.
Preparing for Potential Zika Outbreaks
Experts at the European Society of Clinical Microbiology and Infectious Diseases (ESCMID) are developing tools to monitor the spread of the Zika virus and are conducting research to gather more solid data to better assess the risks associated with the infection.
What do Banana Peels and Human Skin Have in Common?
Human skin and banana peels have something in common: they produce the same enzyme when attacked. By studying fruit, researchers have come up with an accurate method for diagnosing the stages of this form of skin cancer.
Biomarker for Recurring HPV-Linked Oropharyngeal Cancers
A look-back analysis of HPV infection antibodies in patients treated for oropharyngeal (mouth and throat) cancers linked to HPV infection suggests at least one of the antibodies could be useful in identifying those at risk for a recurrence of the cancer, say scientists at the Johns Hopkins University.
Counting Cancer-busting Oxygen Molecules
Researchers from the Centre for Nanoscale BioPhotonics (CNBP), an Australian Research Centre of Excellence, have shown that nanoparticles used in combination with X-rays, are a viable method for killing cancer cells deep within the living body.
Skyscraper Banner

Skyscraper Banner
Go to LabTube
Go to eposters
 
Access to the latest scientific news
Exclusive articles
Upload and share your posters on ePosters
Latest presentations and webinars
View a library of 1,800+ scientific and medical posters
2,900+ scientific and medical posters
A library of 2,500+ scientific videos on LabTube
4,200+ scientific videos
Close
Premium CrownJOIN TECHNOLOGY NETWORKS PREMIUM FOR FREE!