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Some of the key companies functioning in the PCR & NGS based diagnostic testing market include
These industry leaders have been undergoing strategic developments to sustain the market competition and capture sizable revenue share in the testing industry.
Diagnostic centers accounted for over 36% of the PCR & NGS based diagnostic testing market share in 2020 and will observe growth due to the presence of latest technologies and apt medical infrastructure.
The industry revenue from consumable products had reached USD 18.8 billion in 2020 and will grow in the coming years owing to the increasing adoption of disposable products in the PCR and NGS based diagnostic testing.
The industry share of PCR & NGS based diagnostic testing was valued at USD 21.5 billion in 2020 and will expand with higher usage in the detection of viruses and other infectious diseases.
North America PCR & NGS based diagnostic testing market size is pegged to strike a 1.2% growth rate up to 2027 driven by the rising sales of consumables in the region.