The North America Molecular Diagnostics Market is expected to grow from US$ 8,056.48 million in 2022 to US$ 20,740.38 million by 2030. It is estimated to grow at a CAGR of 12.5% from 2022 to 2030.
Rising Demand for Point-of-Care Testing and Advancements in Product Development Drive North America Molecular Diagnostics Market
Point-of-care testing (POCT) is a rapidly advancing field in medicine, offering a wide range of diagnostic solutions—from blood glucose monitoring to viscoelastic coagulation assays. By eliminating the need for sample transportation and preparation, POCT enables faster clinical decision-making, improving patient outcomes. The growing adoption of these tests by both patients and healthcare providers is transforming diagnostics, therapeutics, and patient monitoring.
The convenience of at-home medical care has further accelerated POCT demand, particularly during the COVID-19 pandemic, where home-based testing reduced infection risks by minimizing visits to healthcare facilities. This trend continues to bolster the molecular diagnostics market, as POCT solutions become integral to modern healthcare.
North America Molecular Diagnostics Market Overview
The North America Molecular Diagnostics Market is segmented into the US, Canada, and Mexico. Key growth drivers include:
- Adoption of advanced diagnostic technologies
- Increased R&D investments
- Presence of major healthcare companies
- Expanding applications of molecular diagnostics
In 2022, the US dominated the market, holding the largest share due to its robust healthcare infrastructure and high demand for innovative diagnostic solutions.
North America Molecular Diagnostics Market Segmentation
The North America molecular diagnostics market is categorized by disease area, technology, product & services, end user, and country.
North America Molecular Diagnostics Market By Disease Area
- Infectious Diseases (Largest market share in 2022)
- Oncology
- Genetic Testing
- Cardiac Diseases
- Immune System Disorders
- Others
North America Molecular Diagnostics Market By Technology
- Polymerase Chain Reaction (PCR) (Largest market share in 2022)
- RT-PCR
- qPCR
- Multiplex PCR
- Others
- In Situ Hybridization
- Isothermal Nucleic Acid Amplification Technology (INAAT)
- DNA Sequencing & Next-Generation Sequencing (NGS)
- DNA Microarrays
- Others
North America Molecular Diagnostics Market By Product & Services
- Assays & Kits (Largest market share in 2022)
- Instruments
- Services & Software
By End User
- Diagnostic Laboratories (Largest market share in 2022)
- Hospitals & Clinics
- Research & Academic Institutes
- Others
By Country
- US (Market leader in 2022)
- Canada
- Mexico
Key Market Players
Leading companies shaping the North America molecular diagnostics market include:
- Abbott Laboratories
- Agilent Technologies Inc.
- Thermo Fisher Scientific Inc.
- F. Hoffmann-La Roche Ltd
- Qiagen NV
- bioMérieux SA
- Illumina Inc.
- Danaher
- Siemens Healthineers AG
- Novartis AG
- TBG Diagnostics Limited
With continuous advancements in molecular diagnostics and the increasing shift toward point-of-care solutions, the North American market is poised for sustained growth, driven by innovation and rising healthcare demands.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
