Molecular Diagnostics Global Market Report 2022

Molecular Diagnostics Global Market Report 2022 – By Technology (Polymerase Chain Reaction (PCR), DNA Sequencing, and Next-Generation Sequencing), By Product (Instruments, Reagents and Consumables, Software and Services), By Application (Oncology, Pharmacogenomics, Infectious Diseases, Genetic Testing, Neurological Disease, Cardiovascular Disease, Microbiology, and Other Applications), By End-User (Hospitals, Laboratories, and Other End-Users (Blood Banks, Home Health Agencies, and Nursing Homes) – Market Size, Trends, And Global Forecast 2022-2026

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Molecular Diagnostics Global Market Report 2022

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The molecular diagnostics market consists of sales of molecular diagnostics services and related products by entities (organizations, sole traders, partnership) that are utilised to direct patient management, from diagnosis to treatment, especially in the treatment of congenital anomalies, infectious diseases, and cancer. Molecular diagnostic is a term used to describe a class of techniques that are used to examine biological markers in the genetic code (genome) of an organism and to determine how its cells express their genes as proteins.

The main types of products in molecular diagnostics are instruments, reagents, consumables, software, and services. Instruments refer to a measuring device for determining the present value of a quantity under observation. The technologies include polymerase chain reaction (PCR), DNA sequencing, and next-generation sequencing, and these are used in oncology, pharmacogenomics, infectious diseases, genetic testing, neurological disease, cardiovascular disease, microbiology, and other applications. The various end-users are hospitals, laboratories, and other end-users (blood banks, home health agencies, and nursing homes).

The global molecular diagnostics market size is expected to grow from $49.49 billion in 2021 to $49.64 billion in 2022 at a compound annual growth rate (CAGR) of 0.3%. The global molecular diagnostics market size is expected to decline to $47.78 billion in 2026 at a compound annual growth rate (CAGR) of -1.0%.

The rising prevalence of infectious diseases and cancers of different forms drives the molecular diagnostics market. To determine whether mutations to a gene or chromosome may raise a person's chance of acquiring cancer or other disorders, molecular testing is employed. The increasing prevalence of infectious diseases and various types of cancer creates a demand for new diagnostic procedures, including fast and specific molecular diagnostic tests. For instance, in 2020, according to the National Cancer Institute, a US-based government agency, an estimated 1,806,590 new cases of cancer would be diagnosed in the United States and 606,520 people would die from the disease. Therefore, the increasing prevalence of cancer is driving the growth of the molecular diagnostic market.

The advances in genomics and proteomics are a key trend gaining popularity in the molecular diagnostics market. Polymerase chain reaction (PCR) is a recent development in genomics and helps in discovering new approaches to molecular diagnosis for disease diagnosis and pathogenesis of diseases. This enables better monitoring and a fast diagnosis and major organizations are investing to have a competitive edge. Following the trend, $600 million to support the COVID-19 vaccine and therapy clinical trials led by the private sector and for Canadian bio-manufacturing opportunities. This announcement was part of the $1 billion Plan to Mobilize Science. The growing research in proteomics and genomics will help develop more advanced molecular diagnostic techniques in the forecast period.

In April 2021, Hologic, a US-based women’s health technology company, acquired Mobidiag Oy for an undisclosed amount. The acquisition would accelerate the global growth of Mobidiag’s molecular diagnostic test platforms, which offer ease of use, multiplex capability, and rapid turnaround time. Mobidiag Oy is a Finland-based company that develops and provides molecular diagnostics for infectious diseases and antibiotic resistance.

The major players in the molecular diagnostics market are Becton, BioMérieux SA, Danaher Corporation, Grifols, Hologic Inc., Novartis AG, QIAGEN, Siemens Healthcare GmbH, Abbott, and Dickinson and Company.

North America was the largest region in the molecular diagnostics market in 2021. The regions covered in the global molecular diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the molecular diagnostics market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The global molecular diagnostics market is segmented -

1) By Technology: Polymerase Chain Reaction (PCR), DNA Sequencing, and Next-Generation Sequencing

2) By Product: Instruments, Reagents and Consumables, Software and Services

3) By Application: Oncology, Pharmacogenomics, Infectious Diseases, Genetic Testing, Neurological Disease, Cardiovascular Disease, Microbiology, and Others

4) By End-User: Hospitals, Laboratories, and Others (Blood Banks, Home Health Agencies, and Nursing Homes)

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1. Executive Summary

2. Molecular Diagnostics Market Characteristics

3. Molecular Diagnostics Market Size And Growth

3.1. Global Molecular Diagnostics Historic Market, 2016-2021, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Molecular Diagnostics Forecast Market, 2021-2026F, 2031F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Molecular Diagnostics Market Segmentation

4.1. Global Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Polymerase Chain Reaction (PCR)

DNA Sequencing

Next-Generation Sequencing

4.2. Global Molecular Diagnostics Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Instruments

Reagents and Consumables

Software & Services

4.3. Global Molecular Diagnostics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Oncology

Pharmacogenomics

Infectious Diseases

Genetic Testing

Neurological Disease

Cardiovascular Disease

Microbiology

Others

4.4. Global Molecular Diagnostics Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Hospitals

Laboratories

Others (Blood Banks, Home Health Agencies, and Nursing Homes)

5. Molecular Diagnostics Market Regional And Country Analysis

5.1. Global Molecular Diagnostics Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

5.2. Global Molecular Diagnostics Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

6. Asia-Pacific Molecular Diagnostics Market

6.1. Asia-Pacific Molecular Diagnostics Market Overview

6.2. Asia-Pacific Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

7. China Molecular Diagnostics Market

7.1. China Molecular Diagnostics Market Overview

7.2. China Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

8. India Molecular Diagnostics Market

8.1. India Molecular Diagnostics Market Overview

8.2. India Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. Japan Molecular Diagnostics Market

9.1. Japan Molecular Diagnostics Market Overview

9.2. Japan Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

10. Australia Molecular Diagnostics Market

10.1. Australia Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Indonesia Molecular Diagnostics Market

11.1. Indonesia Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. South Korea Molecular Diagnostics Market

12.1. South Korea Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Western Europe Molecular Diagnostics Market

13.1. Western Europe Molecular Diagnostics Market Overview

13.2. Western Europe Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. UK Molecular Diagnostics Market

14.1. UK Molecular Diagnostics Market Overview

14.2. UK Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Germany Molecular Diagnostics Market

15.1. Germany Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. France Molecular Diagnostics Market

16.3. France Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Eastern Europe Molecular Diagnostics Market

17.1. Eastern Europe Molecular Diagnostics Market Overview

17.2. Eastern Europe Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. Russia Molecular Diagnostics Market

18.1. Russia Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. North America Molecular Diagnostics Market

19.1. North America Molecular Diagnostics Market Overview

19.2. North America Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. USA Molecular Diagnostics Market

20.1. USA Molecular Diagnostics Market Overview

20.2. USA Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. South America Molecular Diagnostics Market

21.1. South America Molecular Diagnostics Market Overview

21.2. South America Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. Brazil Molecular Diagnostics Market

22.1. Brazil Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. Middle East Molecular Diagnostics Market

23.1. Middle East Molecular Diagnostics Market Overview

23.2. Middle East Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Africa Molecular Diagnostics Market

24.1. Africa Molecular Diagnostics Market Overview

24.2. Africa Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Molecular Diagnostics Market Competitive Landscape And Company Profiles

25.1. Molecular Diagnostics Market Competitive Landscape

25.2. Molecular Diagnostics Market Company Profiles

25.2.1. Becton

25.2.1.1. Overview

25.2.1.2. Products and Services

25.2.1.3. Strategy

25.2.1.4. Financial Performance

25.2.2. BioMérieux SA.

25.2.2.1. Overview

25.2.2.2. Products and Services

25.2.2.3. Strategy

25.2.2.4. Financial Performance

25.2.3. Danaher Corporation

25.2.3.1. Overview

25.2.3.2. Products and Services

25.2.3.3. Strategy

25.2.3.4. Financial Performance

25.2.4. Grifols

25.2.4.1. Overview

25.2.4.2. Products and Services

25.2.4.3. Strategy

25.2.4.4. Financial Performance

25.2.5. Hologic Inc.

25.2.5.1. Overview

25.2.5.2. Products and Services

25.2.5.3. Strategy

25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Molecular Diagnostics Market

27. Molecular Diagnostics Market Trends And Strategies

28. Molecular Diagnostics Market Future Outlook and Potential Analysis

29. Appendix

29.1. Abbreviations

29.2. Currencies

29.3. Research Inquiries

29.4. The Business Research Company

29.5. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2016-2021, $ Billion

Table 2: Global Forecast Market Growth, 2016-2021, 2026F, 2031F, $ Billion

Table 3: Global Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 4: Global Molecular Diagnostics Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 5: Global Molecular Diagnostics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 6: Global Molecular Diagnostics Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 7: Global Molecular Diagnostics Market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 8: Global Molecular Diagnostics Market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 9: Asia-Pacific, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 10: China, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 11: India, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 12: Japan, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 13: Australia, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 14: Indonesia, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 15: South Korea, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 16: Western Europe, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 17: UK, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 18: Germany, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 19: France, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 20: Eastern Europe, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 21: Russia, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 22: North America, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 23: USA, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 24: South America, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 25: Brazil, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 26: Middle East, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 27: Africa, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Table 28: Becton Financial Performance

Table 29: BioMérieux SA. Financial Performance

Table 30: Danaher Corporation Financial Performance

Table 31: Grifols Financial Performance

Table 32: Hologic Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2016-2021, $ Billion

Figure 2: Global Forecast Market Growth, 2016-2021, 2026F, 2031F, $ Billion

Figure 3: Global Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 4: Global Molecular Diagnostics Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 5: Global Molecular Diagnostics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 6: Global Molecular Diagnostics Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 7: Global Molecular Diagnostics Market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 8: Global Molecular Diagnostics Market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 9: Asia-Pacific, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 10: China, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 11: India, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 12: Japan, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 13: Australia, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 14: Indonesia, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 15: South Korea, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 16: Western Europe, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 17: UK, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 18: Germany, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 19: France, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 20: Eastern Europe, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 21: Russia, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 22: North America, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 23: USA, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 24: South America, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 25: Brazil, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 26: Middle East, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 27: Africa, Molecular Diagnostics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

Figure 28: Becton Financial Performance

Figure 29: BioMérieux SA. Financial Performance

Figure 30: Danaher Corporation Financial Performance

Figure 31: Grifols Financial Performance

Figure 32: Hologic Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the molecular diagnostics market?

The molecular diagnostics market consists of sales of molecular diagnostics services and related products. Molecular diagnostics is a term used to describe a class of techniques that are used to examine biological markers in the genetic code (genome) of an organism and to determine how their cells express their genes as proteins. request a sample here

How will the molecular diagnostics market drivers and restraints affect molecular diagnostics market dynamics? What forces will shape the molecular diagnostics industry going forward?

The molecular diagnostics market growth is aided by global prevalence of infectious diseases and cancers of different forms. However, some molecular diagnostics market restraints include complex regulatory frameworks request a sample here

What is the forecast market size of the molecular diagnostics market?

The molecular diagnostics market forecast is expected to reach $12.09 billion in 2023 at a compound annual growth rate of 8.82%. request a sample here

How is the molecular diagnostics market segmented?

The global molecular diagnostics market is segmented:
1) By Technology: Polymerase Chain Rreaction (PCR), DNA Sequencing, Next-Generation Sequencing
2) By Product: Instruments, Reagents and Consumables, Software & Services
3) By Application: Oncology, Pharmacogenomics, Infectious Diseases, Genetic Testing, Neurological Disease, Cardiovascular Disease, Microbiology, Others
4) By End-User: Hospitals, Laboratories, Others (Blood Banks, Home Health Agencies, and Nursing Homes) request a sample here

Which region has largest share, and what is the market size and growth by geography according to the molecular diagnostics global market report?

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Who are the key players of the global molecular diagnostics market?

Top competitors in the molecular diagnostics market are Becton, BioMérieux SA., Danaher Corporation, Grifols, Hologic Inc., Novartis AG, QIAGEN, Siemens Healthcare GmbH, Abbott, Dickinson and Company, Hoffmann-La Roche Ltd., BD, Bio-Rad Laboratories, John request a sample here.

What are the key trends in the global molecular diagnostics market?

Major trends influencing the molecular diagnostics market include advances in genomics and proteomics request a sample here.

What are the major opportunities in the molecular diagnostics market and the approaches companies can take to take advantage of them?

For detail on the future and current opportunities in the global molecular diagnostics market, request a sample here.

How does the molecular diagnostics market relate to the overall economy and other similar markets?

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