The key factors bolstering the market growth are growing awareness and rising molecular diagnosis, improving diagnosis rate in developing regions, advancement in technology and shift from curative healthcare to preventive healthcare across the globe.

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North America held the largest share in the global nucleic acid testing market in 2017 owing to the well-developed healthcare system, high disposable income, and favorable reimbursement policies. However, the fastest growth rate is expected to be exhibited by Asia-Pacific during the forecast period owing to increasing adoption of preventive diagnosis care, surging demand for blood transfusion, and government initiatives to implement nucleic acid testing in the public health services.

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Various notable players operating in the market include, Abbott Laboratories, Agilent Technologies, Danaher Corporation, Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd., Illumina, Inc., Thermo Fisher Scientific Inc., Qiagen, Merck KGaA, Becton, Dickinson and Company, among others.

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The global nucleic acid testing market has been segmented on the basis of product type, end use and key geographies. Based on the product type, the market comprises of polymerase chain reaction (PCR), transcription-mediated amplification (TMA), ligase chain reaction (LCR), and whole genome sequencing. The end use areas include hospitals, pathology laboratories, research institutes and clinics.

Key questions answered in this research report:
• At what pace is nucleic acid testing market growing, globally? What will be the growth trend in future?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints over the coming years?
• What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the nucleic acid testing market?
• What are the various application areas and how they are poised to grow?

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