North America Molecular Diagnostics Market Size & Share 2025 - 2034
Market Size by Product Type, by Technology, by Application, by End Use, Growth Forecast.
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Market Size by Product Type, by Technology, by Application, by End Use, Growth Forecast.
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Starting at: $1,950
Base Year: 2024
Companies Profiled: 15
Tables & Figures: 74
Countries Covered: 2
Pages: 95
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North America Molecular Diagnostics Market
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North America Molecular Diagnostics Market Size
The North America molecular diagnostics market size was valued at USD 11.4 billion in 2024. The market is projected to grow from USD 11.8 billion in 2025 to USD 17.2 billion by 2034, expanding at a CAGR of 4.2%, according to the latest report published by Global Market Insights Inc.
North America Molecular Diagnostics Market Key Takeaways
Market Size & Growth
Regional Dominance
Key Market Drivers
Challenges
Opportunity
Key Players
This steady growth is stimulated by various factors such as the rising prevalence of diseases, technological advancements in the molecular diagnostics market, the expansion of point of care testing and home-based testing across North America, and the increasing geriatric population base. Major companies in the industry include Abbott Laboratories, F. Hoffmann-La Roche, Danaher Corporation, Hologic, and Thermo Fisher Scientific.
The market increased from USD 9.7 billion in 2021 to USD 11.1 billion in 2023. The increasing burden of infectious diseases is a major catalyst for the growth of the molecular diagnostic market in the region, as pathogens evolve and spread more rapidly due to globalization and climate change, where traditional diagnostic methods often fall short in speedy diagnosis. Molecular diagnostics, which include techniques such as PCR and next-generation sequencing, offer rapid, sensitive, and timely detection.
For instance, according to the data from the Centers for Disease Control and Prevention (CDC), tuberculosis cases increased in the U.S., with 10,347 new TB cases reported in 2024, representing an 8% increase from the previous year. This upward trend underscores the need for technologically advanced molecular diagnostic tools such as the Xpert MTB/RIF test. This test not only detects the presence of Mycobacterium tuberculosis but also identifies drug resistance simultaneously from patient samples. Thus, the rising prevalence of diseases such as TB, along with emerging threats such as drug resistance, is increasing the adoption of molecular diagnostics, further accelerating the market growth in the region.
Moreover, the rapidly growing elderly population in North America is a major factor accelerating the demand for molecular diagnostics. Individuals aged 65 and older are more likely to suffer from infectious diseases, which require frequent testing. For instance, according to the Population Reference Bureau, the number of U.S. individuals aged 65 and older is expected to rise from 58 million in 2022 to 82 million by 2050, marking a 47% increase. Thus, as the elderly population expands, so does the need for reliable molecular diagnostics solutions, fostering market growth.
Molecular diagnostics refers to a diagnostic method that examines biological markers in the genome and proteome, including RNA, DNA, and proteins, to identify and monitor various diseases. This technique is widely utilized for diagnosing genetic disorders, infectious diseases, and cancer due to its high effectiveness and precision.
North America Molecular Diagnostics Market Trends
North America Molecular Diagnostics Market Analysis
The North America molecular diagnostics market was valued at USD 9.7 billion in 2021. The market size reached USD 11.1 billion in 2023, from USD 10.8 billion in 2022.
Based on the product type, the market is segmented into instruments, and reagents and kits. The reagents and kits segment led this market in 2024. This segment was valued at USD 8.2 billion in 2024 and is projected to reach USD 12.3 billion by 2034, growing at a CAGR of 4.1%. In comparison, the instruments segment was valued at USD 3.2 billion in 2024 and is projected to reach USD 4.9 billion by 2034, growing at a CAGR of 4.4%.
Based on technology, the North America molecular diagnostics market is segmented into polymerase chain reaction (PCR), hybridization, sequencing, isothermal nucleic acid amplification technology (INAAT), microarrays, and other technologies. The polymerase chain reaction (PCR) segment accounted for the highest market share of 70.4% in 2024. In comparison, the hybridization segment, valued at USD 1.2 billion in 2024, is expected to grow to USD 1.7 billion by 2034, with a CAGR of 4%.
Based on application, the North America molecular diagnostics market is segmented into infectious disease diagnostics, genetic disease testing, oncology testing, and other applications. The infectious disease diagnostics segment is further bifurcated into COVID-19, flu, respiratory syncytial virus (RSV), tuberculosis, CT/NG, HIV, hepatitis C, hepatitis B, and other infectious disease diagnostics. The infectious disease diagnostics segment accounted for the highest market share of 71.8% in 2024.
Based on end use, North America molecular diagnostics market is segmented into hospitals and clinics, diagnostic laboratories, and other end users. The hospitals and clinics segment was valued at USD 5.3 billion in 2024 and is projected to reach USD 7.9 billion by 2034.
The U.S. dominated the North America molecular diagnostics market, with the highest market share of 91.1% in 2024.
Canada molecular diagnostics market was valued at USD 851.1 million and USD 953.7 million in 2021 and 2022, respectively. In 2024 the market size reached USD 1,018.5 million from USD 984.8 million in 2023.
North America Molecular Diagnostics Market Share
North America Molecular Diagnostics Market Companies
Few of the prominent players operating in the North America molecular diagnostics industry include:
F. Hoffmann-La Roche holds an 8% share of the North American molecular diagnostics market, supported by a strong regional presence and a well-integrated supply chain. Its extensive network of service centers and logistics partners ensures reliable delivery and accessibility of its molecular diagnostic solutions, including the widely used cobas Liat System.
Siemens Healthineers is a key contributor to the molecular diagnostics sector. Its VERSANT kPCR molecular system facilitates high-throughput real-time PCR testing, making it especially valuable for diagnosing infectious diseases.
Bio-Rad Laboratories stands out in the molecular diagnostics field for its advanced PCR technologies and genomic analysis capabilities. Its flagship QX Continuum ddPCR System delivers accurate, high-throughput droplet digital PCR testing, supporting critical applications in oncology, infectious disease detection, and genetic research.
18% market share
collective market share 51%
North America Molecular Diagnostics Industry News:
The North America molecular diagnostics market research report includes in-depth coverage of the industry with estimates and forecasts in terms of revenue in USD Million and from 2021 - 2034 for the following segments:
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Market, By Product Type
Market, By Technology
Market, By Application
Market, By End Use
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