Press release
DNA Diagnostics Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
DNA Diagnostics Market Size
What Is the Projected Growth of the DNA Diagnostics Market?
The DNA diagnostics market is expected to grow from $23.1 billion in 2024 to $25.67 billion in 2025, at a CAGR of 11.1%. The demand for personalized medicine, increased genetic testing and molecular diagnostics, rising cancer cases, and greater use of diagnostic tests are key growth drivers.
The DNA diagnostics market is projected to grow significantly, reaching $38.64 billion by 2029, at a CAGR of 10.8%. Growth is driven by the prevalence of cancers, genetic disorders, biomarker discovery, rare diseases, and telemedicine. Trends include microbiome analysis, blockchain integration, multi-omics data, non-invasive testing, portable diagnostic devices, and next-gen sequencing (NGS).
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What Are the Different DNA Diagnostics Market Segments?
The DNA diagnostics market covered in this report is segmented -
1) By Product Type: Instruments, Reagents, Software And Services
2) By Technology: Polymerase Chain Reaction, Microarray, In-situ Hybridization, Sequencing Technology, Mass Spectrometry
3) By Application: Oncology, Infectious Diseases Treatment, Myogenic Disorder Treatment, Clinical Diagnostic Confirmation, Prenatal, Pre-Implantation, Other Applications
4) By End User: Point Of Care, Diagnostic Centers, Self-Testing Or Over-The-Counter (OTC)
Subsegments
1) By Instruments: DNA Analyzers, PCR Machines (Polymerase Chain Reaction), Sequencers (Next-Generation Sequencing, Sanger Sequencing), Electrophoresis Systems, Gene Expression Analyzers, Microarray Systems, Flow Cytometers, Spectrophotometers
2) By Reagents: PCR Reagents, DNA Extraction Kits, Sequencing Reagents, Antibodies For DNADetection, Fluorescent Dyes And Probes, Chemicals For Nucleic Acid Purification, Buffer Solutions For DNA Analysis, Hybridization And Amplification Kits
3) By Software: DNA Data Analysis Software, Bioinformatics Platforms, Genomics Software For Sequencing Data, Laboratory Information Management Systems (LIMS), Data Visualization Tools, Genetic Variant Analysis Software, Genome Mapping Software
4) By Services: Genetic Testing Services, DNA Sequencing Services, Bioinformatics Consulting And Analysis, Clinical Diagnostic Services, Genetic Counseling Services, Custom DNA Diagnostics Services, Research And Development Services
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What Are the Primary Drivers Shaping the DNA Diagnostics Market?
The DNA diagnostics market is growing as genetic disorders become more prevalent due to advanced diagnostics and environmental influences. DNA diagnostics help detect these conditions early for better treatment and planning. The World Health Organization reported in February 2023 that congenital diseases result in about 240,000 newborn deaths annually, with another 170,000 deaths occurring between one month and five years. This prevalence is accelerating the DNA diagnostics market.
Which Companies Are Leading in the DNA Diagnostics Market?
Major companies operating in the DNA diagnostics market are F. Hoffmann-La Roche Ltd., Bayer AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Becton, inson and Company, Laboratory Corporation, Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies, Illumina Inc., PerkinElmer Inc., bioMérieux SA, Beckman Coulter Inc., Sysmex Corporation, Bio-Rad Laboratories Inc., QIAGEN N.V., Natera Inc., Myriad Genetics Inc., BGI Genomics Co. Ltd., Cepheid, NeoGenomics Laboratories Inc., 23andMe Holding Co, Ambry Genetics Corporation, Biocartis SA, CENTOGENE N.V., Veritas Genetics
What Are the Major Trends Shaping the DNA Diagnostics Market?
Companies in the DNA diagnostics market are focusing on innovative products like liquid biopsy tests to detect cancers early. Liquid biopsy is a non-invasive test that analyzes biomarkers in the bloodstream. For example, in May 2023, Laboratory Corporation, a US-based healare company, launched the LabCorp Plasma Focus liquid biopsy test. This test identifies targeted therapies for patients with advanced solid tumors, using genetic sequencing to evaluate cell-free DNA from tumors.
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What Are the Top Revenue-Generating Geographies in the DNA Diagnostics Market?
North America was the largest region in the DNA diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the DNA diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the DNA Diagnostics Market?
2. What is the CAGR expected in the DNA Diagnostics Market?
3. What Are the Key Innovations Transforming the DNA Diagnostics Industry?
4. Which Region Is Leading the DNA Diagnostics Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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