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(I-SoftwareNews.Com, August 27, 2018 ) Industry Outlook and Trend Analysis
The High-Resolution Melting Analysis Market was worth USD 234.6 million in 2014 and is expected to reach approximately USD 310.13 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.15% during the forecast period. Expanding investment in Research & Development, increasing uses of this technology in epigenetics, and mutation scanning are a portion of the components pushing the market development. Advantages, for example, no usage of tests, prevention of post-PCR sample contamination, closed tube system, and high exactness of melting profile analysis are driving the HRM analysis market development. The market progression reflects that different players working in this space contend, in light of product specifications, for example, software & instrument capabilities, reagents, and prices. The technology used to fabricate, sample processing capacity, and quality of the product are the key factors anticipated that would affect the usage rates of these products.
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Product Outlook and Trend Analysis
High Resolution Melting (HRM) reagents developed as one of the high potential product portions of HRM investigation market in 2014. This section is expected to grow at significant CAGR over the forecast period. Cost-effectiveness and expanding research with respect to growth, HIV, and other hereditary disorders by academic researchers and universities are among the key factors that can be credited for the portion's high share.
End User Outlook and Trend Analysis
Academic research ruled the general market as far as income offer of 77.01% in 2014 inferable from the developing interest for basic and effective atomic diagnostics and technological progressions from the customary genotyping by the usage of labelled probes for high-resolution melt analysis procedure. Additionally, rising interest for quick and intense genotype analysis of bigger examples for enormous scale genotyping ventures is foreseen to emphatically strengthen the interest for high resolution melting (HRM) analysis market over the conjecture time frame.
Application Outlook and Trend Analysis
Based on application the market is segmented into Microbial Species Identification, Epigenetics/ Methylation Profiling and drug-resistant, Detection of Acquired Mutations/Mutation Scanning/SNP Typing and Zygosity testing.
Regional Outlook and Trend Analysis
North America represented the biggest share of the overall industry of 41.6% in 2014. Major factors ascribing to its high income share are high interest in research and development, existence of high quality healthcare infrastructure, accessibility of enhanced reimbursement alternatives, and advancements in technology. Moreover, high awareness about various diagnostic tools accessible and related advantages are the key powers affecting general HRM examination market development.
Competitive Insights
The leading players in the market are Qiagen, Idaho Technology, Bio-Rad Laboratories, Premier Biosoft, Thermo Fisher Scientific, Kapa Biosystems Inc and Roche Molecular Systems Inc. HRM analysis market is oligopolistic in nature and has few organizations representing highest share. The producers of HRM analysis devices confront furious rivalry and are focused on upgrading their client pool through both organic and inorganic development.
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The High-Resolution Melting Analysis Market is segmented as follows-
By Product:
Reagents
Instruments
Software
By End User:
Clinical Diagnostics
Academic Researcher
By Application:
Microbial Species Identification
Epigenetics/ Methylation Profiling and drug-resistant
Detection of Acquired Mutations/Mutation Scanning/SNP Typing
Zygosity testing
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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