Research Methodology – Molecular Diagnostics Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Molecular Diagnostics Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Molecular Diagnostics Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Number of Molecular Diagnostics Testing Laboratories
- Type and volume of Molecular Diagnostic Tests conducted annually
- Number of active players in the market
- Market penetration of key players
- Market value of Molecular Diagnostics Equipment and Reagents
- Investments in Research and Development activities
- Revenue from Molecular Diagnostic Tests
- Regulatory and reimbursement scenarios in various geographies
2 Key Market Indicators
- Incidence and prevalence of diseases requiring molecular diagnostics
- R&D Investment in Biotechnology Industry
- Government support and funding for Molecular Diagnostics
- Technological advancements in Molecular Diagnostics
- Commercialization of new Molecular Diagnostic Tests
- Number of patents in Molecular Diagnostics
- Market entry and expansion strategies of key players
3 Growth Trends
- Increasing demand for Personalized Medicine
- Rising adoption of Point-of-care (PoC) testing
- Shift towards next-generation sequencing techniques
- Increasing use of Biomarkers in Molecular Diagnostics
- Growth in the number of partnership and collaboration agreements
- Advancements in bioinformatics and data analysis techniques
- Emerging market opportunities in the developing countries
- Increasing trend of lab automation and integration of robotics
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Molecular Diagnostics Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Molecular Diagnostics Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights