Global Molecular Diagnostics Devices And Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Instruments, Reagents, and Consumables.

By Technology;

DNA(Deoxyribonucleic acid) Sequencing, Polymerase Chain Reaction, Isothermal Nucleic Acid Amplification Technology, Transcription Mediated Amplification (TMA), In Situ Hybridization, Microarrays, Mass Spectrometry, and Others.

By Application;

Cancer, Pharmacogenomics, Genetic Testing, Infectious Disease, Prenatal, Neurological Disease, and Cardiovascular Disease.

By End User;

Diagnostic Laboratories, Hospitals, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn512122257 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Molecular Diagnostics Devices And Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Molecular Diagnostics Devices And Equipment Market was valued at USD 17,476.99 million. The size of this market is expected to increase to USD 31,540.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.

The Global Molecular Diagnostics Devices and Equipment Market represents a crucial segment within the broader healthcare industry, offering advanced diagnostic tools and technologies that enable the detection and monitoring of various diseases at the molecular level. Molecular diagnostics involves the analysis of biological markers and genetic material (such as DNA and RNA) to assess a patient's health status, identify specific pathogens, and determine optimal treatment approaches. This market plays a pivotal role in personalized medicine, precision oncology, infectious disease management, and genetic testing, among other healthcare applications.

In recent years, there has been a remarkable surge in the adoption of molecular diagnostics devices and equipment worldwide. This growth can be attributed to several factors, including advancements in genomic research, technological innovations, and increasing demand for accurate and timely diagnostic solutions. Molecular diagnostic tests offer numerous advantages over traditional methods, such as faster turnaround times, higher sensitivity and specificity, and the ability to detect diseases at earlier stages, leading to improved patient outcomes.

The rising prevalence of chronic diseases, infectious diseases, and genetic disorders has further fueled the demand for molecular diagnostics devices and equipment. With the global burden of diseases continuing to escalate, there is a growing need for diagnostic tools that can provide precise and actionable information to clinicians, enabling them to make informed treatment decisions and tailor therapies to individual patients. Molecular diagnostics also play a critical role in infectious disease control, particularly in the context of emerging pathogens and antimicrobial resistance.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Molecular Diagnostics Devices And Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Prevalence of Chronic and Infectious Diseases
        3. Growing Emphasis on Personalized Medicine
      2. Restraints
        1. High Cost of Molecular Diagnostic Tests
        2. Regulatory Challenges and Reimbursement Issues
        3. Limited Awareness and Infrastructure
      3. Opportunities
        1. Expansion of Point-of-Care Testing
        2. Integration of Artificial Intelligence (AI) and Big Data Analytics
        3. Expanding Applications in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Molecular Diagnostics Devices And Equipment Market, By Product, 2021 - 2031 (USD Million)
      1. Instruments
      2. Reagents
      3. Consumables
    2. Global Molecular Diagnostics Devices And Equipment Market, By Technology, 2021 - 2031 (USD Million)
      1. DNA(Deoxyribonucleic acid) sequencing
      2. Polymerase chain reaction
      3. Isothermal Nucleic Acid Amplification Technology
      4. Transcription Mediated Amplification (TMA)
      5. In situ hybridization
      6. Microarrays
      7. Mass spectrometry
      8. Others
    3. Global Molecular Diagnostics Devices And Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Cancer
      2. Pharmacogenomics
      3. Genetic testing
      4. Infectious disease
      5. Prenatal
      6. Neurological disease
      7. Cardiovascular disease
    4. Global Molecular Diagnostics Devices And Equipment Market, By End User, 2021 - 2031 (USD Million)

      1. Diagnostic laboratories

      2. Hospitals

      3. Others

    5. Global Molecular Diagnostics Devices And Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Roche Ltd
      2. Hologic
      3. QIAGEN
      4. Abbott
      5. Danaher Corporation
  7. Analyst Views
  8. Future Outlook of the Market