According to the latest report by Renub Research, titled "China Molecular Diagnostics Market & Volume Forecast, by Application [Oncology Testing, Infectious Disease Testing, and Genetic Disease Testing]" China is one of the largest clinical laboratory markets in the Asia-Pacific region and one of the fastest-growing molecular diagnostics markets. The China Molecular Diagnostics Market is forecasted to expand significantly in the future, owing to the increase in the geriatric population & the growing prevalence of chronic diseases such as diabetes, cancer, and CVD diagnosed and monitored with medical devices. According to a 2017 United Nations survey, China is on the brink of an elderly population crisis, with the elderly population projected to hit 25% by 2030. China Molecular Diagnostics Market is forecasted to be US$ 6.3 Billion by 2026.
Molecular diagnostic tests that find specific DNA or RNA sequences may or may not be related to a disease (such as single nucleotide polymorphisms (
