Asia-Pacific Molecular Diagnostics Market : A Comprehensive Analysis by Meticulous Research

Asia-Pacific molecular diagnostics market is growing due to the rising healthcare expenditure, growing use of PoC diagnostics tests, technological advancements in molecular diagnostics, and increasing funding for R&D in molecular diagnostics. Furthermore, increasing focus on companion diagnostics to offer new growth potential is expected to offer immense growth opportunities for market expansion. However, stringent regulatory frameworks and the high cost of molecular diagnostics tests are expected to restrain the growth of this market to some extent. In addition, the lack of skilled professionals is a major challenge to the market’s growth.