Product Code: ETC6185522 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The molecular method market in Australia involves the use of DNA, RNA, and protein-based assays for disease detection, forensic analysis, and research applications. Growth in biotechnology and pharmaceutical R&D, coupled with the rise in infectious disease diagnostics, is accelerating adoption. PCR, sequencing, and microarray technologies are widely used, with emphasis on accuracy and high-throughput capabilities.
In the molecular method market, Australia is seeing rapid advancements spurred by the growing need for accurate and rapid diagnostic techniques in clinical and research settings. The widespread application of PCR, next-generation sequencing (NGS), and digital PCR in pathogen detection, genetic screening, and oncology is driving innovation. The COVID-19 pandemic has permanently shifted focus towards scalable, automated, and point-of-care-compatible molecular testing platforms, with increased funding in biotechnology and molecular labs fueling market expansion.
The molecular method market in Australia encounters difficulty in standardizing protocols across laboratories, which affects data reliability and comparability. Another concern is the high cost of reagents and equipment, which restricts accessibility for smaller research institutions and diagnostic labs. Moreover, the requirement for highly skilled personnel and continuous training increases operational costs. Delays in regulatory approval for newer molecular techniques also slow down the introduction of innovative diagnostic tools into the healthcare system.
With the increasing emphasis on genomics and personalized medicine, the molecular method market offers a wide array of investment opportunities, particularly in PCR, NGS, and CRISPR technologies. Investors can focus on companies developing next-generation diagnostic tools for detecting infectious diseases, genetic disorders, and cancer markers. The increasing adoption of molecular diagnostics in hospitals and clinics presents growth potential for companies providing automation, digital PCR platforms, and point-of-care molecular testing solutions. Investment opportunities also exist in the emerging field of liquid biopsy and companion diagnostics, which are gaining significant traction in oncology.
The molecular method market is governed by stringent diagnostic test regulation under the TGA, where laboratory-developed tests (LDTs) and in-vitro diagnostic (IVD) devices must meet rigorous validation standards. The introduction of the IVDR-style reforms in Australia has added to the regulatory complexity. While the goal is to harmonize safety and efficacy standards, the result is often increased costs and longer approval timelines. These policies impact smaller laboratories and startups the most, due to limited resources for compliance.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Molecular Method Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Molecular Method Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Molecular Method Market - Industry Life Cycle |
3.4 Australia Molecular Method Market - Porter's Five Forces |
3.5 Australia Molecular Method Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Molecular Method Market Revenues & Volume Share, By Method, 2021 & 2031F |
3.7 Australia Molecular Method Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Australia Molecular Method Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Molecular Method Market Trends |
6 Australia Molecular Method Market, By Types |
6.1 Australia Molecular Method Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Molecular Method Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Molecular Method Market Revenues & Volume, By Instruments, 2021- 2031F |
6.1.4 Australia Molecular Method Market Revenues & Volume, By Reagents & Consumables, 2021- 2031F |
6.1.5 Australia Molecular Method Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Australia Molecular Method Market, By Method |
6.2.1 Overview and Analysis |
6.2.2 Australia Molecular Method Market Revenues & Volume, By Polymerase Chain Reaction, 2021- 2031F |
6.2.3 Australia Molecular Method Market Revenues & Volume, By Immunoassays, 2021- 2031F |
6.2.4 Australia Molecular Method Market Revenues & Volume, By Biosensors, 2021- 2031F |
6.2.5 Australia Molecular Method Market Revenues & Volume, By Microarrays, 2021- 2031F |
6.2.6 Australia Molecular Method Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Molecular Method Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Australia Molecular Method Market Revenues & Volume, By Pharmaceutical & Biotechnology Industries, 2021- 2031F |
6.3.3 Australia Molecular Method Market Revenues & Volume, By Diagnostic Centers, 2021- 2031F |
6.3.4 Australia Molecular Method Market Revenues & Volume, By Academic & Research Institutes, 2021- 2031F |
6.3.5 Australia Molecular Method Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Molecular Method Market Import-Export Trade Statistics |
7.1 Australia Molecular Method Market Export to Major Countries |
7.2 Australia Molecular Method Market Imports from Major Countries |
8 Australia Molecular Method Market Key Performance Indicators |
9 Australia Molecular Method Market - Opportunity Assessment |
9.1 Australia Molecular Method Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Molecular Method Market Opportunity Assessment, By Method, 2021 & 2031F |
9.3 Australia Molecular Method Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Australia Molecular Method Market - Competitive Landscape |
10.1 Australia Molecular Method Market Revenue Share, By Companies, 2024 |
10.2 Australia Molecular Method Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |