BIS Research - Emerging Technology Market Intelligence

Molecular Diagnostics Market – Revolutionizing the Healthcare Industry

Mar 7, 2019 4:34:01 AM / by BIS Research posted in Molecular Diagnostics Industry, molecular diagnostics market forecast, Molecular Diagnostics market growth, MDx Industry, Healthcare & Medical, MDx Demand MDx Report, MDx Products Market, Molecular Diagnostics Forecast MDx Market, Molecular Diagnostics Industry Analysis, Molecular Diagnostics Market, Molecular Diagnostics Market Size, Molecular Diagnostics Report, Molecular Diagnostics Trends


With advancements in the precision medicine era, the healthcare industry has witnessed a paradigm shift toward more precise forms of diagnostics. The precision medicine model refers to customization of medical treatment in accordance with the specific characteristics of the individual patient. Precision medicine is a patient-centric treatment approach and has facilitated the elimination of uncertainty in the trial-and-error method of medications, eventually reducing unnecessary healthcare expenditure. Molecular diagnostics, an important tool in the precision medicine model, has played a significant role in revolutionizing the precision medicine industry with the incorporation of highly advanced technologies and several applications such as companion diagnostics, liquid biopsy, and non-invasive prenatal testing.

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