Molecular Methods Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)
By Technology;
Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Microarray Analysis, In Situ Hybridization (ISH) and Gene Editing Technologies (CRISPR/Cas9)By Application;
Clinical Diagnostics, Drug Development, Personalized Medicine, Genetic Testing and Infectious Disease TestingBy End User;
Hospitals & Diagnostic Laboratories, Academic & Research Institutions, Pharmaceutical & Biotechnology Companies, Contract Research Organizations (CROs) and OthersBy Product Type;
Reagents & Kits, Equipment & Instruments, Software & Bioinformatics Tools and ConsumablesBy Workflow Phase;
Sample Preparation, Amplification, Detection, Analysis and InterpretationBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Molecular Methods Market Overview
Molecular Methods Market (USD Million)
Molecular Methods Market was valued at USD 2,408.81 million in the year 2024. 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%.
Molecular Methods Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)
*Market size in USD million
CAGR 6.0 %
| Study Period | 2026 - 2032 |
|---|---|
| Base Year | 2025 |
| CAGR (%) | 6.0 % |
| Market Size (2025) | USD 2,408.81 Million |
| Market Size (2032) | USD 3,621.95 Million |
| Market Concentration | Medium |
| Report Pages | 350 |
Major Players
- QIAGEN
- 3M
- Veredus Laboratories
- Neogen Corporation
- Thermo Fisher Scientific
- Bio-Rad Laboratories
- bioMérieux
- ArcherDX
- HiMedia Laboratories
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Molecular Methods Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)
Fragmented - Highly competitive market without dominant players
The Molecular Methods Market is experiencing robust growth, propelled by the increasing demand for precise diagnostic tools and advanced research methodologies. Molecular techniques have become indispensable in modern diagnostics and biological research, now constituting approximately 70% of specialized laboratory procedures. Their unparalleled sensitivity and specificity make them essential for detecting genetic, infectious, and oncological markers.
Technological Advancements Driving Market Expansion
Innovations in molecular diagnostics, including Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), and CRISPR technologies, are significantly contributing to market expansion. Currently, over 60% of diagnostic innovations are rooted in molecular methods, underscoring the sector's rapid evolution. These advancements not only enhance diagnostic accuracy but also reduce turnaround times, facilitating timely clinical decisions.
Integration into Personalized Medicine
The shift towards personalized medicine is a major catalyst for the molecular methods market. Approximately 55% of targeted therapies now rely on molecular profiling, enabling tailored treatment plans and improved patient outcomes. This trend signifies a move away from one-size-fits-all approaches towards individualized healthcare strategies.
Surge in Research and Development Investments
Investment in molecular research and development is at an all-time high, with more than 65% of biotech and pharmaceutical companies incorporating these methods into their core research activities. This focus is driving breakthroughs in genetic analysis, biomarker discovery, and therapeutic target identification, further fueling market growth.
Regulatory Support Enhancing Market Potential
Supportive regulatory frameworks and increased government funding for molecular research are creating a conducive environment for market expansion. Over 50% of clinical trials now include molecular testing as a critical component, reflecting the growing importance of these methods in contemporary healthcare. This regulatory backing is poised to sustain the market's upward trajectory.
Molecular Diagnostics Market Key Takeaways
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North America is expected to hold the largest market share in 2024, driven by a high prevalence of chronic diseases, advanced healthcare infrastructure, and significant investments in research and development.
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The oncology application segment is anticipated to dominate the market, accounting due to the increasing incidence of cancer and the demand for personalized treatment approaches.
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Polymerase Chain Reaction (PCR) technology is projected to maintain its leadership in the market, owing to its widespread adoption, cost-effectiveness, and reliability in detecting a wide range of pathogens.
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Technological advancements, such as the integration of next-generation sequencing (NGS) and digital PCR, are enhancing the sensitivity and accuracy of molecular diagnostics, enabling early disease detection and personalized medicine.
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Key players in the market include Thermo Fisher Scientific, Roche Diagnostics, Abbott Laboratories, Siemens Healthineers, and bioMérieux, focusing on innovation and expanding their product portfolios to meet the growing demand.
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Challenges such as regulatory hurdles, high costs of advanced diagnostic tools, and data privacy concerns are influencing market dynamics and prompting the need for standardized protocols and affordable solutions.
Molecular Methods Market Recent Develpoments
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In 2024, Bruker completed the acquisition of ELITechGroup, integrating its molecular diagnostics systems and assays into Bruker’s expanding portfolio in life sciences and infection diagnostics.
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In 2025, QuidelOrtho announced the acquisition of LEX Diagnostics to enhance its presence in the point-of-care molecular diagnostics market through the adoption of ultra-fast multiplex PCR technology.
Molecular Methods Market Segment Analysis
In this report, the Molecular Methods Market has been segmented by Technology, Application, End User, Product Type, Workflow Phase and Geography.
Molecular Methods Market, Segmentation by Technology
The Molecular Methods Market is primarily segmented by key technologies that enable various molecular testing techniques. These include Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Microarray Analysis, In Situ Hybridization (ISH), and Gene Editing Technologies (CRISPR/Cas9). Each of these technologies plays a pivotal role in enhancing the accuracy, efficiency, and scale of molecular diagnostics and research. The demand for these technologies is expected to grow due to advancements in personalized medicine, drug development, and clinical diagnostics.
- Polymerase Chain Reaction (PCR)
PCR is a cornerstone technology in molecular diagnostics, enabling amplification of DNA or RNA sequences. The market for PCR technology is projected to grow significantly due to its use in clinical diagnostics, particularly in infectious disease testing and genetic testing.
- Next-Generation Sequencing (NGS)
NGS is revolutionizing genomic research and diagnostics by enabling the sequencing of entire genomes at a fraction of the cost and time. NGS technology is expected to see strong growth driven by its applications in personalized medicine and drug development.
- Microarray Analysis
Microarray analysis allows for the detection of gene expression and genetic variations across a large number of genes simultaneously. This technology is key in drug development and genetic testing, with a growing demand for high-throughput analysis capabilities.
- In Situ Hybridization (ISH)
ISH technology enables the visualization of specific nucleic acid sequences within tissues, offering key insights in oncology and genetics. It is widely used in research settings, particularly in oncology and neuroscience.
- Gene Editing Technologies (CRISPR/Cas9)
CRISPR/Cas9 is a revolutionary gene-editing technology with applications across genomics, disease research, and therapeutic development. This technology is expected to continue driving growth in the molecular methods market due to its potential in personalized medicine and genetic therapy.
Molecular Methods Market, Segmentation by Application
The Applications of molecular methods span a wide range of uses, from clinical diagnostics to research applications. Major segments include Clinical Diagnostics, Drug Development, Personalized Medicine, Genetic Testing, and Infectious Disease Testing. The rapid advancements in these applications are expected to drive substantial market growth, particularly in clinical and research settings.
- Clinical Diagnostics
Clinical diagnostics remains one of the largest applications for molecular methods, with technologies such as PCR and NGS playing a crucial role in detecting diseases at early stages. The growing demand for accurate diagnostics drives the market in this segment.
- Drug Development
Molecular methods are instrumental in drug discovery and development by helping identify biomarkers and genetic factors associated with diseases. This segment is poised to expand due to the increasing adoption of genomic data in pharmaceutical research.
- Personalized Medicine
The shift towards personalized medicine, where treatments are tailored to individuals based on their genetic makeup, is a key driver of growth in molecular methods. Technologies such as NGS and CRISPR are integral in this evolving field.
- Genetic Testing
Genetic testing has grown rapidly in recent years, driven by advances in gene editing and sequencing technologies. This segment is expected to expand with increased adoption of genetic screening for inherited conditions, cancer risk, and ancestry analysis.
- Infectious Disease Testing
Infectious disease testing is a rapidly growing application, particularly highlighted by the COVID-19 pandemic. PCR and other molecular methods continue to dominate this space, providing accurate, fast, and scalable diagnostic solutions.
Molecular Methods Market, Segmentation by End User
The End Users of molecular methods include a variety of organizations that rely on these technologies for research, diagnostics, and development. Key segments are Hospitals & Diagnostic Laboratories, Academic & Research Institutions, Pharmaceutical & Biotechnology Companies, Contract Research Organizations (CROs), and others like forensic and environmental testing labs.
- Hospitals & Diagnostic Laboratories
This segment represents a major demand for molecular methods, particularly for clinical diagnostics. The need for accurate and rapid diagnostic tools is driving growth, especially in infectious disease testing.
- Academic & Research Institutions
Academic and research institutions are significant users of molecular methods, leveraging technologies for genomics research, drug discovery, and biotechnology innovations.
- Pharmaceutical & Biotechnology Companies
Pharmaceutical and biotechnology companies utilize molecular methods to enhance drug development, target identification, and clinical trials, contributing to the market's expansion.
- Contract Research Organizations (CROs)
CROs offer outsourced research services to pharmaceutical companies, using molecular methods for a wide range of drug development and testing applications.
- Others
This segment includes a diverse group of end users, including forensic laboratories and environmental testing labs, which use molecular methods for DNA analysis and environmental pathogen detection.
Molecular Methods Market, Segmentation by Product Type
The Product Types within the molecular methods market include Reagents & Kits, Equipment & Instruments, Software & Bioinformatics Tools, and Consumables. These products form the backbone of molecular diagnostics and research, with each product category playing a unique role in driving efficiency and accuracy in testing and analysis.
- Reagents & Kits
Reagents and kits are essential components for performing molecular tests. The market for reagents & kits is expected to see strong growth due to increasing demand in diagnostics and research, with a focus on providing standardized, high-quality testing solutions.
- Equipment & Instruments
Equipment and instruments, such as PCR machines and sequencers, are pivotal to the molecular methods market. Growth in this segment is driven by technological advancements that enhance speed, efficiency, and accuracy in diagnostics.
- Software & Bioinformatics Tools
Bioinformatics tools and software are essential for managing and interpreting the large data sets generated by molecular testing. The integration of AI and machine learning into these tools is set to drive future growth in this segment.
- Consumables
Consumables, including reagents and specialized consumables used in tests, continue to play a significant role in the molecular methods market. Their demand is expected to rise in line with increasing testing volumes and the adoption of new molecular technologies.
Molecular Methods Market, Segmentation by Workflow Phase
The Workflow Phases in the molecular methods market are critical to the success of any molecular test. These phases include Sample Preparation, Amplification, Detection, Analysis, and Interpretation. Efficient and accurate progression through each phase is vital to obtaining reliable results in diagnostics and research applications.
- Sample Preparation
Sample preparation is the foundational phase, where samples are collected, processed, and prepared for analysis. The demand for automated systems in this phase is expected to grow, improving throughput and consistency.
- Amplification
Amplification, such as PCR, allows for the replication of specific nucleic acid sequences. This phase is central to many molecular testing processes, and ongoing innovations are enhancing its sensitivity and speed.
- Detection
Detection refers to identifying specific markers or pathogens within the sample. Advancements in detection technologies, particularly through NGS and PCR, are accelerating growth in this segment.
- Analysis
Analysis involves processing the data to identify meaningful patterns. Bioinformatics tools and software continue to drive improvements in data analysis, enabling faster and more accurate results.
- Interpretation
Interpretation is the final phase, where results are translated into actionable insights. AI and machine learning are increasingly being integrated into this phase to assist in decision-making and increase accuracy.
Molecular Methods Market, Segmentation by Geography
The Molecular Methods Market is geographically segmented into regions such as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Each region has its own unique market dynamics, driven by local demand, regulatory frameworks, and technological adoption.
Regions and Countries Analyzed in this Report
North America continues to lead the molecular methods market, with strong growth driven by advancements in healthcare infrastructure, research, and diagnostics. The region is expected to see steady growth due to increasing adoption of molecular testing in clinical diagnostics and drug development.
EuropeEurope is poised for significant growth, supported by ongoing investments in research, regulatory frameworks, and the integration of molecular methods into healthcare. Increased demand for personalized medicine and genetic testing is expected to propel the market.
Asia PacificAsia Pacific is the fastest-growing region in the molecular methods market, driven by improving healthcare access, rapid technological adoption, and a growing focus on genomics research. Countries like China and India are emerging as key players in this segment.
Middle East & AfricaThe Middle East and Africa are witnessing steady growth in the adoption of molecular technologies, particularly in diagnostics and research. However, the region's growth is hindered by economic and infrastructural challenges.
Latin AmericaLatin America is expanding as a key market for molecular methods, driven by rising healthcare demand and investments in diagnostic infrastructure. The region's growth is supported by both public and private sector initiatives to improve medical research and disease diagnostics.
Molecular Methods Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Molecular Methods Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing demand for precise disease diagnostics
- Increased adoption in infectious disease testing
- Advancements in PCR and sequencing technologies
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Expansion of personalized and genomic medicine - The global shift toward personalized and genomic medicine is significantly accelerating the demand for advanced molecular methods. As healthcare evolves to provide more tailored treatment plans, molecular diagnostics are at the forefront of identifying genetic variations, predicting disease risks, and supporting targeted therapies. This movement toward precision care relies on technologies that can deliver fast, accurate, and patient-specific insights at the molecular level.
Widespread adoption of genomic tools, biomarker-based testing, and next-generation sequencing has transformed diagnostic practices across areas like oncology, cardiology, and rare diseases. These approaches not only enable early detection but also allow real-time monitoring of disease progression and therapy response. As clinicians embrace molecular insights to improve outcomes, these tools are becoming foundational in modern medicine.
Strong backing from both government and private sectors has further fueled this transformation. National genomics initiatives, research grants, and strategic partnerships are helping integrate molecular diagnostics into mainstream healthcare. These efforts are enhancing accessibility while stimulating innovation and reducing costs across the value chain.
As awareness grows and patients increasingly demand personalized healthcare solutions, molecular methods are positioned to expand rapidly. Their ability to offer tailored diagnostics and improve treatment accuracy makes them indispensable in delivering high-quality, future-ready care.
Restraints:
- High cost of molecular diagnostic platforms
- Complex sample preparation and workflow
- Need for skilled molecular biology professionals
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Regulatory hurdles for clinical implementation - Regulatory complexity continues to pose a significant challenge for the clinical integration of molecular technologies. The approval process for these diagnostics often involves extensive validation, compliance testing, and time-consuming documentation, all of which can delay product rollout and discourage innovation. These hurdles are particularly daunting for smaller players aiming to enter the market with novel molecular assays.
The intricate nature of many molecular platforms, especially those involving multiplex gene panels or AI-enhanced analysis, makes standardization difficult. Regulatory bodies demand clear proof of analytical validity and clinical performance, which can be hard to generate consistently across diverse testing conditions. This creates bottlenecks for bringing new diagnostics to market efficiently.
Differences in regional regulations add further complexity. While some countries are modernizing frameworks to accommodate molecular tools, others still rely on rigid or outdated approval processes. This inconsistency prevents uniform global adoption and hinders the full commercial potential of innovative technologies.
To support progress, industry leaders and policymakers are calling for adaptive regulatory models that prioritize both safety and innovation. By fostering collaboration and aligning approval processes with evolving technology standards, the industry can reduce delays and make molecular diagnostics more accessible worldwide.
Opportunities:
- Rising Healthcare Expenditure
- Precision Medicine Revolution
- Integration with AI
- Increasing R&D Investments
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Expansion in Emerging Markets - The increasing development of healthcare systems in emerging economies offers significant growth potential for molecular methods. Many countries across Asia, Latin America, and Africa are enhancing their diagnostic infrastructure to meet rising public health demands. As chronic diseases and infectious outbreaks surge, the need for accurate and timely diagnostics has never been greater.
Government initiatives, donor-backed programs, and cross-border partnerships are laying the foundation for wider adoption of molecular diagnostics. With funding support and capacity-building programs, laboratories in these regions are becoming equipped to perform high-precision molecular testing, particularly for conditions like tuberculosis, HIV, cancer, and genetic disorders.
Emerging markets also benefit from the adaptability of newer molecular platforms, many of which are designed for point-of-care use and low-resource settings. Their portability, speed, and cost-efficiency make them ideal for decentralizing care and reaching underserved populations. As infrastructure improves, so does the opportunity to scale these technologies more broadly.
Manufacturers and developers stand to gain by offering localized, affordable, and easy-to-deploy solutions. The growing demand for efficient, high-impact diagnostic tools ensures that emerging markets will remain a key area of expansion for the global molecular methods industry.
Molecular Methods Market Competitive Landscape Analysis
Molecular Methods Market is witnessing substantial growth driven by strategic collaboration and innovative partnerships among key players. Mergers and acquisitions are enhancing market positioning, while technological advancements in molecular diagnostics are expected to boost adoption by 10%, creating a robust future outlook for the industry.
Market Structure and Concentration
The market demonstrates moderate concentration, with leading companies controlling around 70% of total market share. Smaller players are leveraging innovative strategies and collaborative initiatives to strengthen presence. Mergers and strategic alliances facilitate regional expansion, supporting sustained growth across clinical, research, and pharmaceutical applications.
Brand and Channel Strategies
Key players focus on robust brand strategies and diversified channels to enhance market visibility. Strategic partnerships with distributors and healthcare institutions improve reach, while innovation-driven marketing and product differentiation foster growth and enable long-term expansion across multiple molecular diagnostics segments.
Innovation Drivers and Technological Advancements
Technological advancements in sequencing, PCR, and high-throughput molecular assays are critical innovation drivers. Strategic collaboration and investment in research enhance product capabilities, fueling growth by 9% and supporting the expansion of molecular methods in diagnostics, therapeutics, and genomic research applications.
Regional Momentum and Expansion
Regions such as North America and Europe lead expansion trends, with growth reaching 11% and 9% respectively. Strategic partnerships and mergers strengthen local presence, while adoption of advanced technologies enhances penetration in clinical laboratories, research institutes, and biopharmaceutical sectors, sustaining regional momentum.
Future Outlook
The future outlook for the molecular methods market remains optimistic, with projected growth of 12% supported by continuous innovation and strategic collaboration. Companies are expected to focus on technological advancements and mergers to drive expansion, ensuring stronger market share and long-term strength.
Key players in Molecular Methods Market include:
- Thermo Fisher Scientific, Inc.
- QIAGEN
- Bio-Rad Laboratories, Inc.
- bioMérieux
- NEOGEN Corporation
- Eurofins Scientific
- SGS SA
- The 3M Company
- Veredus Laboratories
- HiMedia Laboratories
- ArcherDX, Inc.
- F. Hoffmann-La Roche Ltd.
- Beckman Coulter, Inc.
- PerkinElmer, Inc.
- Agilent Technologies, Inc.
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By End-User
- Market Snapshot, By Product Type
- Market Snapshot, By Workflow Phase
- Market Snapshot, By Region
- Molecular Methods Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Growing demand for precise disease diagnostics
- Increased adoption in infectious disease testing
- Advancements in PCR and sequencing technologies
- Expansion of personalized and genomic medicine
- Restraints
- High cost of molecular diagnostic platforms
- Complex sample preparation and workflow
- Need for skilled molecular biology professionals
- Regulatory hurdles for clinical implementation
- Opportunities
- Rising Healthcare Expenditure
- Precision Medicine Revolution
- Integration with AI
- Increasing R&D Investments
- Expansion in Emerging Markets
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Molecular Methods Market, By Technology, 2021 - 2031 (USD Million)
- Polymerase Chain Reaction (PCR)
- Next-Generation Sequencing (NGS)
- Microarray Analysis
- In Situ Hybridization (ISH)
- Gene Editing Technologies (CRISPR/Cas9)
- Molecular Methods Market, By Application, 2021 - 2031 (USD Million)
- Clinical Diagnostics
- Drug Development
- Personalized Medicine
- Genetic Testing
- Infectious Disease Testing
- Molecular Methods Market, By End User, 2021 - 2031 (USD Million)
- Hospitals & Diagnostic Laboratories
- Academic & Research Institutions
- Pharmaceutical & Biotechnology Companies
- Contract Research Organizations (CROs)
- Others
- Molecular Methods Market, By Product Type, 2021 - 2031 (USD Million)
- Reagents & Kits
- Equipment & Instruments
- Software & Bioinformatics Tools
- Consumables
- Molecular Methods Market, By Workflow Phase, 2021 - 2031 (USD Million)
- Sample Preparation
- Amplification
- Detection
- Analysis
- Interpretation
- Molecular Methods Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
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Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Molecular Methods Market, By Technology, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Thermo Fisher Scientific, Inc.
- QIAGEN
- Bio-Rad Laboratories, Inc.
- bioMérieux
- NEOGEN Corporation
- Eurofins Scientific
- SGS SA
- The 3M Company
- Veredus Laboratories
- HiMedia Laboratories
- ArcherDX, Inc.
- F. Hoffmann-La Roche Ltd.
- Beckman Coulter, Inc.
- PerkinElmer, Inc.
- Agilent Technologies, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market

