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Molecular Diagnostics Market to Reach USD 33.2 Billion by 2035, Driven by Personalized Medicine and Growing Demand for At-Home Testing
Molecular Diagnostics Market to Reach USD 33.2 Billion by 2035, Driven by Personalized Medicine and Growing Demand for At-Home Tes
Molecular Diagnostics Market projected to grow at a CAGR of 6.6% during the forecast period of 2025 to 2035
MarketGenics, a leading name in healthcare research, announced a series of milestones in the rapidly growing Molecular Diagnostics Market globally.
The market insights highlight cutting-edge innovation, affordability, and accessibility, signaling a transformative shift toward personalized and preventative healthcare.
Get the Detailed Industry Analysis (including the Table of Contents, List of Figures, and List of Tables) - from the Molecular Diagnostics Market Research Report: https://marketgenics.co/press-releases/molecular-diagnostics-market-21235
Recent Strategic Partnership - May 2025: Danaher Corporation announced a partnership with AstraZeneca to develop AI-powered precision diagnostic tools through its new Centers for Enabling Precision Medicine, integrating research, development, and commercialization under one roof.
Digital Pathology Expansion - June 2025: Roche Diagnostics expanded its navify Digital Pathology platform with over 20 AI-based algorithms, aimed at improving cancer diagnosis and supporting personalized treatments worldwide.
At-Home Testing Push - Early 2025: Cue Health launched expanded molecular COVID-19 and flu home-testing kits, highlighting the rising trend of accessible, non-invasive testing solutions.
To know more about the Molecular Diagnostics Market - Download our Sample Report: https://marketgenics.co/download-report-sample/molecular-diagnostics-market-21235
Molecular Diagnostics Market Forecast 2035
According to the report, the global molecular diagnostics market is expected to grow from USD 16.5 Billion in 2025 to USD 33.2 Billion in 2035, registering a CAGR of 6.6% during the forecast period.
The growth is driven by:
Increasing focus on personalized medicine and precision diagnostics.
Rising demand for at-home and point-of-care molecular testing.
Technological advancements such as liquid biopsy and next-generation sequencing (NGS).
Greater healthcare accessibility in emerging markets.
For instance, Guardant Health's liquid biopsy portfolio gained significant traction in early colorectal cancer detection in 2025, signaling a growing shift toward non-invasive cancer diagnostics.
Key Driver, Restraint, and Growth Opportunity Shaping the Global Molecular Diagnostics Market
Drivers - Precision Medicine and Accessibility Fueling Market Growth
The market's growth is anchored by three core drivers:
Shift toward precision medicine: Personalized care is becoming mainstream, with molecular diagnostics enabling early detection and customized treatment plans, especially in cancer, infectious diseases, and genetic disorders.
Cost-effectiveness: Advances in manufacturing and streamlined production have made molecular testing more affordable, increasing adoption in low- and middle-income countries.
Provider and patient acceptance: Clinicians and patients now prefer less invasive, rapid tests, reducing delays in diagnosis and enabling better treatment outcomes.
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Restraints - High Costs and Regulatory Challenges
Developing and manufacturing advanced molecular diagnostic tests remains expensive, restricting smaller companies from entering the market.
Regulatory hurdles, such as extensive clinical validation requirements, slow down the approval process for new tests.
Clinical adoption may be delayed as healthcare professionals remain cautious about replacing well-established traditional tests with newer technologies.
Opportunities - Personalized, Affordable, and Long-Term Care
Rising global demand for affordable precision diagnostics is creating opportunities for companies offering innovative, user-friendly testing kits.
A shift away from one-size-fits-all treatments toward targeted, long-term care plans opens new revenue streams for molecular diagnostics.
Governments and hospitals are investing heavily in preventive healthcare, expanding access to advanced diagnostic solutions worldwide.
Key Trend: Growth of Rapid and At-Home Testing
The molecular diagnostics market is witnessing strong growth in at-home testing kits and point-of-care solutions, driven by demand for quick, accurate, and non-invasive diagnostics.
PCR-based and next-generation sequencing tests are increasingly being integrated with digital health platforms to enable real-time reporting and monitoring.
Government initiatives are further supporting the deployment of low-cost testing options in underserved communities.
Get a preview of our Molecular Diagnostics Market Playbook - your guide to GTM strategy, competitive intelligence, supplier dynamics, and Consumer Behavior Analysis: https://marketgenics.co/playbook/molecular-diagnostics-market-21235
Expansion of Global Molecular Diagnostics Market
"Reagents & Kits Driving Market Dominance"
The Reagents & Kits segment accounts for ~63% market share, making it the largest category in 2025.
These products are essential for diagnostic techniques such as PCR, real-time PCR, and NGS used in detecting cancer, genetic disorders, and infectious diseases.
Demand for customized and automated reagent kits is expected to rise as personalized medicine and routine screening programs expand globally.
Regional Analysis of Global Molecular Diagnostics Market
North America - Market Leader
North America dominates the global molecular diagnostics market, driven by regulatory clarity, robust innovation, and strong healthcare demand.
The U.S. FDA has approved 71+ molecular diagnostic products by late 2024, creating a favorable environment for rapid commercialization.
The region is expected to account for ~41% of the global market by 2025.
Europe - Rising Government Support
European countries are expanding access through public healthcare initiatives and subsidies, accelerating the adoption of advanced molecular diagnostic tools.
Asia Pacific - High-Growth Region
Growth is fueled by increased healthcare spending, rising disease prevalence, and rapid infrastructure development.
The region is emerging as a key target for affordable diagnostic solutions and home-testing kits.
Recent Developments
May 2025: Danaher and AstraZeneca launch Centers for Enabling Precision Medicine, combining AI-driven diagnostics with advanced pathology research.
June 2025: Roche integrates 20 new AI algorithms into its navify platform, revolutionizing cancer detection and personalized treatment options.
Early 2025: Cue Health expands its at-home molecular COVID-19 and flu testing kits, meeting growing consumer demand for home-based diagnostics.
Prominent Players in the Molecular Diagnostics Market
Key players operating in the global molecular diagnostics market include:
Roche Diagnostics, Abbott Laboratories, Thermo Fisher Scientific Inc., Danaher Corporation (Cepheid), Qiagen N.V., Illumina Inc., Hologic Inc., Agilent Technologies, Bio-Rad Laboratories, Exact Sciences Corporation, Myriad Genetics, Natera Inc., Siemens Healthineers, Sysmex Corporation, Oxford Nanopore Technologies, and Other Key Players.
The market is moderately consolidated, with Tier 1 companies like Roche, Thermo Fisher, Abbott, and Danaher holding significant global market share, while Tier 2 and Tier 3 players focus on niche segments and regional markets.
About Us
MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.
We support clients across strategy development, product innovation, healthcare infrastructure, and digital transformation.
Contact:
Mr. Debashish Roy
MarketGenics India Pvt. Ltd.
800 N King Street, Suite 304 #4208, Wilmington, DE 19801, United States
USA: +1 (302) 303-2617
Email: sales@marketgenics.co
Website: https://marketgenics.co
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