Global Molecular Methods Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Reagents & consumables, Instruments, and Services.

By Technology;

Polymerase chain reaction (PCR), Immunoassay, Biosensors, Microarray, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn723038916 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Molecular Methods Market (USD Million), 2021 - 2031

In the year 2024, the Global Molecular Methods Market was valued at USD 2,408.81 million. The size of this market is expected to increase to USD 3,621.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The Global Molecular Methods Market represents a pivotal domain within the broader landscape of diagnostics and healthcare. It encompasses a diverse array of techniques and technologies aimed at analyzing biological molecules at the molecular level. This market is driven by a multitude of factors, including technological advancements, increasing prevalence of chronic diseases, and the growing demand for personalized medicine solutions.

Molecular methods offer unparalleled precision and sensitivity in disease detection, aiding clinicians in early diagnosis, prognosis, and therapeutic decision-making. These methods span various platforms, from polymerase chain reaction (PCR) and nucleic acid sequencing to microarrays and mass spectrometry. As a result, they find extensive applications across fields such as oncology, infectious diseases, genetic disorders, and pharmacogenomics.

One of the primary drivers propelling the growth of the Global Molecular Methods Market is the continuous influx of technological innovations. These innovations not only enhance the performance and accuracy of molecular assays but also facilitate their integration into routine clinical workflows. Moreover, the advent of next-generation sequencing (NGS) has revolutionized genomic analysis, enabling comprehensive profiling of genetic variations at unprecedented speed and cost-efficiency.

Another significant driver is the increasing prevalence of chronic and infectious diseases worldwide. The rising burden of diseases such as cancer, cardiovascular disorders, and infectious ailments necessitates more efficient and accurate diagnostic solutions, driving the adoption of molecular methods.

Furthermore, favorable government initiatives and policies aimed at promoting healthcare infrastructure development and research funding further bolster market growth. In addition, strategic collaborations between industry players and academic institutions facilitate technology transfer and knowledge exchange, fostering innovation and market expansion.

  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 Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Global Molecular Methods Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Prevalence
        2. Increasing Demand
        3. Rising Investments
        4. Expanding Applications
        5. Collaborative Research Efforts
      2. Restraints
        1. Regulatory Hurdles
        2. Limited Reimbursements
        3. Lack of Skilled Workforce
        4. Ethical Concerns Arising
        5. Standardization Challenges
      3. Opportunities
        1. Rising Healthcare Expenditure
        2. Precision Medicine Revolution
        3. Integration with AI
        4. Increasing R&D Investments
        5. Expansion 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 Methods Market, By Product Type, 2021 - 2031 (USD Million)
      1. Reagents & consumables
      2. Instruments
      3. Services
    2. Global Molecular Methods Market, By Technology, 2021 - 2031 (USD Million)
      1. Polymerase chain reaction (PCR)
      2. Immunoassay, Biosensors
      3. Microarray
      4. Others
    3. Global Molecular Methods 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. QIAGEN
      2. 3M
      3. Veredus Laboratories
      4. Neogen Corporation
      5. Thermo Fisher Scientific
      6. Bio-Rad Laboratories
      7. bioMérieux
      8. ArcherDX
      9. HiMedia Laboratories
  7. Analyst Views
  8. Future Outlook of the Market