Press release
Molecular Diagnostics in Infectious Disease Testing Market to Reach US$ 85 Billion by 2032, States Persistence Market Research
Molecular diagnostics has revolutionized the healthcare industry by enabling the detection and monitoring of infectious diseases with greater precision, speed, and sensitivity. It plays a vital role in identifying infectious agents through genetic material such as DNA or RNA in human fluids and tissues. As the demand for faster and more accurate diagnostic procedures surges globally, the molecular diagnostics in infectious disease testing market is poised for sustained growth. According to Persistence Market Research, the market was valued at US$ 53 billion in 2021 and is projected to reach US$ 85 billion by 2032, growing at a CAGR of 4.4% from 2022 to 2032.The increasing prevalence of infectious diseases such as HIV, hepatitis, tuberculosis, and COVID-19, coupled with rising awareness about early disease detection, are key drivers fueling market growth. Among the techniques, Polymerase Chain Reaction (PCR) dominates the market owing to its widespread adoption and technological improvements. Regionally, North America leads due to supportive healthcare policies, government funding, and robust infrastructure for advanced diagnostics.
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🔍 Key Highlights from the Report
PCR technology continues to dominate the market due to its high sensitivity and accuracy.
North America holds the largest market share, driven by strong regulatory frameworks and funding.
Rising prevalence of infectious diseases globally is boosting demand for rapid diagnostic solutions.
The elderly population's vulnerability to infectious diseases fuels testing volumes.
Emerging technologies like isothermal nucleic acid amplification and NGS are gaining traction.
Investments in point-of-care molecular diagnostics are accelerating product development.
📊 Market Segmentation
The market for molecular diagnostics in infectious disease testing is segmented based on product types, techniques, applications, and end users. In terms of product, the market comprises instruments and analyzers, assays and reagents, and software & services. Assays and reagents dominate due to their consumable nature and frequent use across various test procedures.
By technique, PCR leads the segment, contributing to over 90% of the share in 2021. It remains a cornerstone of molecular diagnostics due to its high throughput, speed, and cost-effectiveness. However, newer technologies like isothermal nucleic acid amplification and next-generation sequencing (NGS) are increasingly being adopted, especially in advanced labs and academic institutions.
Applications of molecular diagnostics span a wide range of infectious diseases, including HIV/AIDS, hepatitis B and C, tuberculosis, hospital-acquired infections, MRSA, and human papillomavirus. Among these, hepatitis and HIV testing are seeing significant growth due to ongoing screening efforts and public health initiatives.
End users include hospitals, private laboratories, clinics, academic research institutes, and other diagnostic centers. Hospitals and labs remain the primary contributors to market revenue, given their capability to handle high test volumes and complex diagnostic workflows.
🌍 Regional Insights
North America dominates the molecular diagnostics in infectious disease testing market, driven by extensive healthcare spending, government initiatives to curb infectious diseases, and advanced diagnostic infrastructure. The U.S. accounts for a large portion of this growth, supported by the adoption of precision medicine and regular screening protocols.
Asia-Pacific, particularly China, India, and Japan, is emerging as a high-growth region due to rising investments in healthcare infrastructure and increasing awareness of early diagnostics. Government-funded disease control programs are also boosting the adoption of molecular diagnostics across this region.
⚙️ Market Drivers
Technological advancement in diagnostic techniques is a key growth driver. High-throughput and automated testing platforms have reduced turnaround times and increased accuracy. Moreover, the integration of AI and machine learning into diagnostic systems is improving result interpretation.
The global rise in infectious diseases, including COVID-19 and drug-resistant infections, underscores the urgent need for accurate and scalable diagnostic solutions. The increasing incidence of hospital-acquired infections (HAIs) has further accelerated the demand for rapid diagnostic tools.
Demographic shifts, particularly the aging population, are also contributing significantly. Older adults are more prone to infections due to weakened immune systems, necessitating regular screening and diagnostics.
⛔ Market Restraints
Despite the promising outlook, the market faces several challenges. High costs associated with advanced diagnostic equipment and reagents remain a major barrier, particularly in low- and middle-income countries.
A lack of skilled professionals who can handle sophisticated diagnostic tools and interpret complex results is another constraint. Training programs and educational initiatives are essential to bridge this gap in the healthcare workforce.
Additionally, regulatory hurdles and varying standards across regions slow down product approvals and hinder seamless market expansion.
🚀 Market Opportunities
Emerging economies represent a vast untapped potential. With increasing healthcare spending and government-backed disease control programs, markets in South Asia, Africa, and Latin America are expected to grow rapidly.
The rising demand for decentralized, point-of-care molecular diagnostics presents significant opportunities. Compact, user-friendly testing devices are ideal for remote or resource-limited settings where traditional lab infrastructure may be absent.
Strategic partnerships, product innovation, and investments in R&D are paving the way for personalized diagnostics and precision medicine in infectious disease management.
❓ Frequently Asked Questions (FAQs)
How Big is the Molecular Diagnostics in Infectious Disease Testing Market?
What is the Projected Growth Rate of the Market from 2022 to 2032?
Who are the Key Players in the Global Market for Molecular Diagnostics?
What is the Market Forecast for 2032?
Which Region is Estimated to Dominate the Industry through the Forecast Period?
🏢 Company Insights
Key players in the molecular diagnostics in infectious disease testing market include:
Abbott Laboratories
Becton, Dickinson and Company
bioMérieux
Thermo Fisher Scientific Inc.
F. Hoffmann-La Roche Ltd
Siemens AG
Veridex, LLC
Luminex Corp.
GenMark Diagnostics, Inc.
Qiagen N.V.
Genomix Biotech
bioTheranostics
Recent Industry Developments:
In January 2021, QuantuMDx Group invested over US$ 10 million to expand production of its Q-POC diagnostic device for SARS-CoV-2, influenza A, and B.
Gen-Probe (now part of Hologic, Inc.) has advanced transcription-mediated amplification (TMA) technology to enhance detection of pathogens like Neisseria gonorrhoeae and Chlamydia trachomatis.
🔚 Conclusion
The molecular diagnostics in infectious disease testing market stands at a crucial juncture, shaped by scientific advancement, global health crises, and demographic shifts. While technological innovation continues to drive rapid development, challenges such as affordability and workforce shortages must be addressed. However, with growing investments, strategic collaborations, and global healthcare priorities shifting toward early and precise disease detection, the market's trajectory looks promising. Stakeholders equipped with insights from this report can capitalize on emerging opportunities and navigate evolving challenges effectively.
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About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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