With molecular diagnostics projected to grow to a $7.6 billion industry by 2017 (Kalorama) and surpass $8 billion by 2020 (Grand View Research), the field is seeing growing interest from both corporate giants and smaller specialized companies.
On the corporate side, the largest players include such familiar names as Roche, Qiagen, Becton Dickinson, and Abbott, as well as more recent arrivals such as Hologic, Grifols, and bioMérieux. Yet the past few years has also seen a growing number of smaller companies devoted to MDx by focusing on specific technologies or disease areas (especially cancer).
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