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* ***Molecular Diagnostics:*** This segment uses molecular biology techniques to detect and analyze DNA and RNA. It is used for diagnosing infectious diseases, genetic disorders, and cancer. The growing use of molecular diagnostics in precision medicine is a key driver. The increasing demand for rapid and accurate testing of infectious diseases, such as COVID-19 and tuberculosis, is also significant. The development of advanced molecular diagnostic platforms, such as PCR and next-generation sequencing, is expanding its applications. Moreover, the growing interest in genetic testing for inherited diseases and personalized treatments is boosting market growth.
