Molecular Diagnostics Devices And Equipment Market

By Product;

Instruments, Reagents & Consumables and Software

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 Other Technologies

By Application;

Cancer, Pharmacogenomics, Genetic Testing, Infectious Disease, Prenatal and Other Applications

By End User;

Diagnostic Laboratories, Hospitals and Others

By Geography;

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

Molecular Diagnostics Devices And Equipment Market Overview

Molecular Diagnostics Devices And Equipment Market (USD Million)

Molecular Diagnostics Devices And Equipment Market was valued at USD 17,476.99 million in the year 2024. 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%.


Molecular Diagnostics Devices And Equipment Market

*Market size in USD million

CAGR 8.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.8 %
Market Size (2024)USD 17,476.99 Million
Market Size (2031)USD 31,540.52 Million
Market ConcentrationMedium
Report Pages324
17,476.99
2024
31,540.52
2031

Major Players

  • Roche Ltd
  • Hologic
  • QIAGEN
  • Abbott
  • Danaher Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Molecular Diagnostics Devices And Equipment Market

Fragmented - Highly competitive market without dominant players


The Molecular Diagnostics Devices and Equipment Market is expanding rapidly as healthcare increasingly depends on advanced tools for precision-based disease detection. Using methods like polymerase chain reaction (PCR), microarrays, and sequencing, molecular diagnostics deliver results with unmatched accuracy. These technologies enable faster diagnoses, personalized therapies, and improved patient outcomes, making them a critical element in the evolution of modern medical practices.

Growing Demand for Accurate Detection
The need for reliable and early diagnosis is one of the strongest growth drivers in this market. Research shows that over 55% of clinical decisions are now based on diagnostic test results, with molecular methods outperforming conventional techniques. By enabling detection at early stages, these devices help reduce treatment expenses, hospital admissions, and overall disease progression, reinforcing their value in healthcare systems.

Technological Advancements Powering Growth
Continuous innovation is transforming molecular diagnostics, with new devices offering automation, portability, and rapid analysis. Reports indicate that more than 60% of recently launched equipment includes features such as real-time detection, faster turnaround, and ease of use. These advancements support point-of-care testing, wider adoption, and greater accuracy, making diagnostics more accessible across clinical laboratories, hospitals, and research institutions.

Preventive Healthcare and Future Outlook
The shift toward preventive and predictive healthcare continues to drive strong market momentum. Data highlights that over 65% of healthcare providers are prioritizing molecular diagnostic solutions for monitoring genetic disorders, oncology markers, and infectious diseases. By enabling proactive care, early intervention, and enhanced patient monitoring, the market is positioned as a long-term growth driver that will play a central role in shaping the future of healthcare.

  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. 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. Molecular Diagnostics Devices And Equipment Market, By Product, 2021 - 2031 (USD Million)
      1. Instruments
      2. Reagents & Consumables
      3. Software
    2. 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. Other Technologies
    3. 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. Other Applications
    4. Molecular Diagnostics Devices And Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Diagnostic Laboratories
      2. Hospitals
      3. Others
    5. 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. F. Hoffmann-La Roche Ltd.
      2. Danaher Corporation
      3. Thermo Fisher Scientific Inc.
      4. Hologic Inc.
      5. QIAGEN N.V.
      6. Abbott Laboratories
      7. bioMérieux S.A.
      8. Siemens Healthineers AG
      9. Grifols S.A.
      10. Becton, Dickinson and Company (BD)
      11. Illumina Inc.
      12. Agilent Technologies Inc.
      13. Sysmex Corporation
      14. Biocartis N.V.
      15. Zhejiang Di’an Diagnostics Technology Co. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market