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High-Resolution Melting Analysis Market is expected to Increase from $277.88 million by 2018 to $331.63 million by 2023

11-26-2018 08:10 AM CET | Health & Medicine

Press release from: Market Data Forecast

High-Resolution Melting Analysis Market is expected

High-Resolution Melting Analysis Market Overview
High-Resolution Melting Analysis is a technique of molecular biology used for the detection of mutations, polymorphisms and epigenetic differences in double-stranded DNA samples. During the process of High-Resolution Melting, 00the amplified region, termed as amplicon is precisely heated at about 50 ˚C to 95 ˚C. Between this temperature, the amplicon reaches its melting point and the two strands of DNA are separated or melt apart from each other. The splitting of these strands is noted and compared with that of a normal person. Abnormalities are identified in these DNA strands by this comparison which yields the presence of mutations and other differences.

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The growth of the Global High Resolution Melting Analysis Market is mainly driven by the benefits that HRM offers over its counterparts like genotyping, which are its higher efficiency, high accuracy, and smaller cycle times. Other driving factors of the market include the rising frequency of infectious diseases and genetic ailments, improving healthcare infrastructure, rising public-private investments in the genomics sector and the upsurge in the count of an elderly populace. High Resolution Melting Analysis Market growth has been compounded by the recent significant developments in next generation sequencing and big data analytics. Low awareness, technological discrepancies and the low penetration of High Resolution Melting Analysis technology are among the constraints of market growth.

High-Resolution Melting Analysis Market Forecast Report (2018-2023)
Global High-Resolution Melting Analysis Market was worth USD 277.88 Million in 2018 and is projected to be growing at a CAGR of 3.6%, to touch USD 331.63 Million by 2023.

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High-Resolution Melting Analysis Market Segmentation
The Global High Resolution Melting Analysis Market is segmented based on Product and Service, Application, End User, and geography. Based on Product and Service, the market is divided into Instruments, Reagents and Consumables, Software and Services. Based on Application, the High Resolution Melting Analysis Market is segmented into Mutation Discovery, SNP Genotyping, Species Identification, Pathogen Identification, Epigenetics, and Other Applications. Based on the End User, the market is categorized into Pharmaceutical and Biotechnology Companies, Research Laboratories and Academic Institutes, Hospitals and Diagnostic Centers and others.

The market has been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America leads the High Resolution Melting Analysis market in 2018, with the U.S. accounting for a major share. North America’s lead is justified by the presence of high-end technology, being a developed market combined with the growing incidence of genetic abnormalities. Europe comes in second in terms of market share owing to the rising awareness and establishment of HRM procedures. However, Asia-Pacific is estimated to grow at the highest CAGR during the forecast period because of the presence of exponentially greater population numbers.

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Major Players:
The major companies dominating this market for its products and services are
• Thermo Fisher Scientific Inc. (U.S.),
• F. Hofmann-La Roche Ltd. (Switzerland),
• Bio-Rad Laboratories (U.S.),
• QIAGEN N.V. (Netherlands).
• Agilent Technologies Inc. (U.S.),
• bioMérieux S.A. (France),
• Illumina, Inc. (U.S.),
• Meridian Bioscience, Inc. (U.S.),
• Novacyt (France),
• Azura Genomics (U.S.),
• Canon Biomedical (U.S.),
• PREMIER Biosoft (U.S.)

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About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
Tel: +1-888-702-9626
Website: www.marketdataforecast.com

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