Molecular Diagnostics Market worth $30.74 billion by 2030
The global Molecular Diagnostics Market , valued at US$18.29 billion in 2024, stood at US$19.48 billion in 2025 and is projected to advance at a resilient CAGR of 9.6% from 2025 to 2030, culminating in a forecasted valuation of US$30.74 billion by the end of the period. Increased government funding in precision medicine and genomics has boosted the adoption of molecular diagnostic kits and instruments. Furthermore, the rising prevalence of infectious diseases and cancer is playing a significant role in driving market expansion. Additionally, the growing number of hospitals in developed and emerging regions, driven by an increasing patient population, is further fueling the demand for accurate molecular testing. Moreover, recent technological advancements, particularly in portability and rapid turnaround times, have made it easier for smaller healthcare facilities to incorporate molecular-based testing into their workflows. Download PDF Broc...