
North America Molecular Diagnostics Market
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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.

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.
| Key Takeaway | Details |
|---|---|
| Market Size & Growth | |
| Base Year | 2024 |
| Market Size in 2024 | USD 11.4 Billion |
| Market Size in 2025 | USD 11.8 Billion |
| Forecast Period 2025 - 2034 CAGR | 4.2% |
| Market Size in 2034 | USD 17.2 Billion |
| Key Market Trends | |
| Drivers | Impact |
| Rising prevalence of infectious diseases | Boosts demand for rapid and accurate molecular tests, drives innovation, and investment. |
| Technological advancements in molecular diagnostics kits and instruments | Enables faster, more precise diagnostics through innovations such as Next Generation Sequencing (NGS), PCR automation, and AI-based analysis. Strengthens North Americas leadership in biotech innovation. |
| Expansion of point of care and home-based testing across North America | Facilitates decentralized testing, reducing the burden on hospitals. Increases accessibility for rural and elderly populations, improving early detection and treatment outcomes. |
| Increasing geriatric population base | Older adults require frequent monitoring for chronic and infectious diseases. This demographic shift boosts demand for molecular diagnostics in long-term care and outpatient settings. |
| Pitfalls & Challenges | Impact |
| High cost of molecular diagnostic tests | Limits widespread adoption, especially among uninsured or underinsured populations. It poses challenges for healthcare providers in cost-sensitive environments. |
| Stringent regulatory scenario | Slows down product approvals and market entry. It increases R&D and compliance costs, potentially discouraging smaller innovators. |
| Opportunities: | Impact |
| Integration with telehealth and remote diagnostics | Enhances patient engagement and access to care. Supports remote sample collection, cloud-based result sharing, and AI-driven decision support, making diagnostics more efficient and scalable. |
| Market Leaders (2024) | |
| Market Leaders |
18% market share |
| Top Players |
collective market share 51% |
| Competitive Edge |
|
| Regional Insights | |
| Largest Market | U.S. |
| Fastest Growing Market | Canada |
| Future outlook |
|

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.
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.
Market, By Product Type
Market, By Technology
Market, By Application
Market, By End Use
The above information is provided for the following countries:
Key players include Abbott Laboratories, Agilent Technologies, Becton, Dickinson, and Company, Biocartis, Biomerieux, Bio-Rad Laboratories, Danaher Corporation, F. Hoffmann-La Roche, Hologic, Illumina, and Qiagen.
Trends include point-of-care and home testing, miniaturization, automation, connectivity, and platforms like Abbotts ID NOW.
The U.S. leads with a 91.1% market share in 2024, led by the prevalence of infectious diseases and demand for advanced diagnostic tools.
The hospitals and clinics segment is anticipated to grow from USD 5.3 billion in 2024 to USD 7.9 billion by 2034.
The hybridization segment was valued at USD 1.2 billion in 2024, with a projected CAGR of 4% through 2034.
The reagents and kits segment generated approximately USD 8.2 billion in 2024 and is set to cross USD 12.3 billion by 2034.
The market size is projected to reach USD 11.8 billion in 2025.
The market is poised to reach USD 17.2 billion by 2034, fueled by innovations in molecular diagnostics and an increasing geriatric population.
The market size was USD 11.4 billion in 2024, with a CAGR of 4.2% expected through 2034. The market growth is driven by rising disease prevalence, technological advancements.


