Press release
Molecular Diagnostics Market Set for 6.4% CAGR Growth through 2032
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):https://www.persistencemarketresearch.com/samples/2784
Key Growth Drivers
1. Increasing Burden of Infectious & Chronic Diseases
Growing cases of cancer, genetic disorders, respiratory infections, and emerging viral diseases are significantly boosting the adoption of molecular diagnostic tools. Their ability to deliver quick, accurate, and sensitive detection is strengthening their role in modern healthcare.
2. Technological Advancements in Testing Platforms
Innovation in PCR technologies, next-generation sequencing (NGS), and nucleic acid amplification tests (NAAT) has revolutionized clinical diagnostics. Automation, faster turnaround times, and high-throughput capabilities continue to make molecular testing more accessible and reliable.
3. Rising Shift Toward Precision & Personalized Medicine
Molecular diagnostics are essential for companion diagnostics, helping clinicians match patients with targeted therapies. As precision medicine becomes more widely adopted, the demand for molecular-level insights is growing sharply.
4. Supportive Regulatory & Reimbursement Environment
Improved regulatory pathways and expanding reimbursement for advanced diagnostics in major markets are accelerating adoption across hospitals, diagnostic labs, and research centers.
For More Information:
https://www.persistencemarketresearch.com/market-research/molecular-diagnostics-market.asp
Regional Insights
North America remains the leading market due to strong investment in R&D, high diagnostic awareness, and widespread adoption of advanced technologies.
Asia Pacific is projected to be the fastest-growing region, driven by expanding healthcare infrastructure, rising patient volume, and increasing government spending on diagnostic capabilities.
Europe continues to benefit from strong research funding and growing penetration of automated molecular testing platforms.
Market Segmentation Highlights
The reagents segment-comprising enzymes, primers, probes, nucleotides, and buffers-is expected to contribute the largest share of market revenue. Continuous usage in testing workflows and high replacement demand position reagents as a vital growth driver.
Point-of-care molecular diagnostics are also witnessing rapid traction, particularly in emerging economies with limited access to centralized laboratory facilities.
Challenges Impacting Market Growth
Despite strong momentum, the market faces several barriers:
High cost of advanced testing platforms, limiting accessibility in low-income regions
Lack of standardized protocols across laboratories
Longer regulatory timelines for new test approvals
Need for trained professionals to perform complex molecular assays
Future Opportunities
With the growing emphasis on early disease detection and personalized care, molecular diagnostics will continue to play a central role. Companies in the sector can unlock growth by:
Developing cost-effective, portable molecular testing systems
Expanding their presence in high-growth emerging markets
Enhancing R&D in oncology, infectious disease testing, and genetic screening
Forming collaborations to improve global access to advanced diagnostics
Global Molecular Diagnostics Market Segmentation
By Product Type:
Instruments
Polymerase Chain Reaction (PCR) Systems
Hybridization (In-Situ Hybridization & Fish) Systems
DNA Sequencing and Next-Generation Sequencing Platforms
Microarrays
Reagent
Antibodies
DNA Template
DNA Polymerase
Oligonucleotide Primers
Deoxyribonucleotide Triphosphate (dNTPs)
Buffer
Assay Kits
Consumables
By Disease Area:
Infectious Disease
Diabetes
Cardiology
Oncology
Nephrology
Autoimmune Disease
Dermatology
Wound Care
Others
By End-use:
Hospitals & Clinics
Diagnostics Laboratories
Academic and Research Institutes
Biopharmaceutical Companies
By Region:
North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa
Request a Customization: https://www.persistencemarketresearch.com/request-customization/2784
Key Companies Profiled in the Report
Becton, Dickinson and Company
Bio-Rad Laboratories In
Merck KgaA
Thermo Fisher Scientific Inc
Agilent Technologies, Inc.
F. Hoffman - La Roche Ltd.
Illumina, Inc.
Qiagen N.V.
Hologic Inc.
Siemens Healthineers AG
Seegene, Inc.
DiaSorin S.p.A
Grifols, S.A.
bioMérieux
QuidelOrtho Corporation
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.
Contact Us:
Persistence Market Research
Second Floor, 150 Fleet Street,
London, EC4A 2DQ, United Kingdom
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Molecular Diagnostics Market Set for 6.4% CAGR Growth through 2032 here
News-ID: 4274569 • Views: …
More Releases from Persistence Market Research
Biomaterials Market to Hit US$ 470 Bn by 2032, Growing at a Robust 14.5% CAGR
The global biomaterials market is undergoing exceptional growth, driven by rapid advancements in medical technology, increasing demand for implantable devices, and the expanding role of regenerative medicine. Biomaterials-ranging from natural polymers to advanced synthetic materials-are now integral to modern healthcare, supporting applications in orthopedics, cardiovascular care, wound healing, dentistry, and tissue engineering. Their ability to restore or enhance biological functions has positioned biomaterials as a cornerstone of next-generation medical innovations.
Get…
Electric Golf Cart Market Outlook 2032: Key Players Include Yamaha, Club Car, E- …
The electric golf cart market is entering a transformative decade, shaped by sustainability goals, tourism expansion, and rapid advancements in battery performance. According to Persistence Market Research, the electric golf cart market is projected to reach US$2.6 billion in 2025 and further grow to US$4.1 billion by 2032, registering a healthy CAGR of 6.7% between 2025 and 2032. As clean mobility continues to influence both recreational and commercial sectors, electric…
Bicycle Sharing Market Outlook 2032: Key Players Include Lime, Meituan Bike, Cit …
The bicycle sharing market is entering a phase of rapid transformation as urban mobility continues to evolve toward cleaner, smarter, and more efficient transportation alternatives. According to Persistence Market Research, the global bicycle sharing market is expected to be valued at US$ 10.1 billion in 2025, with projections indicating an expansion to US$ 20.1 billion by 2032, growing at a CAGR of 10.3% during the forecast period. This impressive growth…
Low VOC Paints and Coatings Market Set to Grow from US$ 28.3 Billion in 2025 to …
The global low VOC paints and coatings market is entering a significant stage of expansion fueled by rising environmental awareness, strict regulatory guidelines, and an increasing shift toward sustainable building materials. Modern consumers, manufacturers, and construction firms are focusing on healthier indoor environments, improved air quality, and reduced exposure to harmful chemicals. This has accelerated the adoption of low VOC paints and coatings across residential, commercial, and industrial applications.
Get a…
More Releases for Molecular
Molecular Breeding Market Report 2024 - Molecular Breeding Market Size, Share An …
"The Business Research Company recently released a comprehensive report on the Global Molecular Breeding Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The molecular breeding market size…
Molecular Quality Controls: Ensuring Precision and Reliability in Molecular Diag …
Introduction
Molecular quality controls (MQCs) play a critical role in molecular diagnostics, helping laboratories and healthcare providers ensure the accuracy, reliability, and consistency of diagnostic tests. These quality controls are essential in detecting and monitoring infectious diseases, genetic disorders, cancer biomarkers, and other molecular targets. By providing standards that verify the performance of diagnostic assays, MQCs help reduce errors, minimize false results, and maintain compliance with regulatory standards. As the demand…
Molecular Diagnostic Platform Market Advancing Molecular Diagnostics with Innova …
Global Molecular Diagnostic Platform Market Overview:
The Molecular Diagnostic Platform market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Molecular Diagnostic Platform market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Molecular Modeling Market - Visualizing the unseen: Molecular modeling for grou …
Newark, New Castle, USA: The "Molecular Modeling Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Molecular Modeling Market: https://www.growthplusreports.com/report/molecular-modeling-market/8615
This latest report researches the industry structure, sales, revenue,…
Molecular Diagnostics Market - Empowering healthcare through molecular precision …
Newark, New Castle, USA: The "Molecular Diagnostics Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Molecular Diagnostics Market: https://www.growthplusreports.com/report/molecular-diagnostics-market/7674
This latest report researches the industry structure, sales, revenue,…
Molecular Imaging Device Market scenario for 2022 | Trivitron Healthcare, Molecu …
The Molecular Imaging Device market report anticipate the market growth and recent developments in market competition which helps players to strategies and analysis the position in Molecular Imaging Device market. It also indicates the risk factors, advancements, market drivers, revenue, business scenario, growth potential, market scope, new trends, and historical data of Molecular Imaging Device market. With this futuristic approach researchers also provides a close study of market forecast, overview…
