2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

How Are Key Drivers Contributing to the Growth and Expansion of the DNA Diagnostics Market?

Growth in the DNA diagnostics market is anticipated to be spurred by the escalating occurrence of genetic disorders. Genetic disorders, referring to health issues resulting from one or more genomic irregularities, are on the rise due to enhanced diagnostic abilities, expanded genetic examinations, environmental impacts, and endogamy within communities. All these factors have contributed towards a better comprehension and discovery of such genetic conditions. DNA diagnostics help in accurately identifying these disorders by analyzing genetic matter, thus aiding early detection, tailored treatment, and smart family planning decisions. As mentioned by the World Health Organization (WHO) in February 2023, a United Nations-led agency based out of Switzerland and focused on global public health, around 240,000 infants worldwide die within 28 days of birth every year due to congenital diseases. Moreover, congenital disorders claim approximately 170,000 children aged between 1 month and 5 years. Consequently, the increasing frequency of genetic disorders is fueling the expansion of the DNA diagnostics market.

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#What is the Anticipated CAGR of theDNA Diagnostics Market, and What Factors Will Drive It?

The size of the DNA diagnostics market has been expanding rapidly in the past few years. It is projected to escalate from $23.1 billion in 2024 to $25.67 billion in 2025, with a compound annual growth rate (CAGR) of 11.1%. The historic period’s expansion can be credited to the escalating demand for personalized medication, the widespread use of genetic testing and molecular diagnostics in clinical settings, increasing biomedical research, a rising count of cancer patients, and the heightened utilization of diagnostic tests.

The market for DNA diagnostics is forecasted to experience rapid expansion in the coming years, ending in a projected value of $38.64 billion in 2029, which equates to a compound annual growth rate (CAGR) of 10.8%. This anticipated surge during the prediction period is largely due to factors such as the increasing incidence of cancer, the rising demand for unified diagnostic tests, the augmenting prevalence of genetic disorders, an elevated emphasis on biomarker discovery, rare diseases and orphan drugs, and the expansion of telemedicine and remote testing. Prevailing trends for the forecast period entail the assimilation of microbiome analysis, the incorporation of blockchain technology, the amalgamation of wide-ranging omics data, non-invasive testing, multi-omics assimilation, the emergence of portable and point-of-care DNA diagnostic instruments, and the introduction of next-generation sequencing (NGS).

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What New Market Trends Are Reshaping the DNA Diagnostics Market and Its Opportunities?

Key players in the DNA diagnostics market are directing their efforts towards the innovation of novel products like liquid biopsy tests that can facilitate early detection of diverse cancer types. Liquid biopsy is a minimally invasive diagnostic tool that identifies and examines biomarkers such as circulating tumor cells (CTCs), cell-free DNA (cfDNA), or exosomes, which are expelled into the bloodstream from tumors or other cells. For example, Laboratory Corporation, an American healthcare diagnostics firm, in May 2023, introduced a novel liquid biopsy test named LabCorp Plasma Focus. The test is designed to pinpoint targeted treatments for patients battling advanced or metastatic solid tumors. By utilizing genetic sequencing to assess circulating cell-free DNA (cfDNA) released by the tumor cells, the test enables oncologists to customize and enhance patient care via targeted therapy plans.

Who Are the Leading Market Players Fueling Growth in the DNA Diagnostics Market Trend?

Major companies operating in the DNA diagnostics market are F. Hoffmann-La Roche Ltd., Bayer AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Becton, Dickinson and Company, Laboratory Corporation, Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies, Illumina Inc., PerkinElmer Inc., bioMérieux SA, Beckman Coulter Inc., Sysmex Corporation, Bio-Rad Laboratories Inc., QIAGEN N.V., Natera Inc., Myriad Genetics Inc., BGI Genomics Co. Ltd., Cepheid, NeoGenomics Laboratories Inc., 23andMe Holding Co, Ambry Genetics Corporation, Biocartis SA, CENTOGENE N.V., Veritas Genetics

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How is the Global DNA Diagnostics Market Segemented?

The DNA diagnostics market covered in this report is segmented –

1) By Product Type: Instruments, Reagents, Software And Services

2) By Technology: Polymerase Chain Reaction, Microarray, In-situ Hybridization, Sequencing Technology, Mass Spectrometry

3) By Application: Oncology, Infectious Diseases Treatment, Myogenic Disorder Treatment, Clinical Diagnostic Confirmation, Prenatal, Pre-Implantation, Other Applications

4) By End User: Point Of Care, Diagnostic Centers, Self-Testing Or Over-The-Counter (OTC)

Subsegments

1) By Instruments: DNA Analyzers, PCR Machines (Polymerase Chain Reaction), Sequencers (Next-Generation Sequencing, Sanger Sequencing), Electrophoresis Systems, Gene Expression Analyzers, Microarray Systems, Flow Cytometers, Spectrophotometers

2) By Reagents: PCR Reagents, DNA Extraction Kits, Sequencing Reagents, Antibodies For DNADetection, Fluorescent Dyes And Probes, Chemicals For Nucleic Acid Purification, Buffer Solutions For DNA Analysis, Hybridization And Amplification Kits

3) By Software: DNA Data Analysis Software, Bioinformatics Platforms, Genomics Software For Sequencing Data, Laboratory Information Management Systems (LIMS), Data Visualization Tools, Genetic Variant Analysis Software, Genome Mapping Software

4) By Services: Genetic Testing Services, DNA Sequencing Services, Bioinformatics Consulting And Analysis, Clinical Diagnostic Services, Genetic Counseling Services, Custom DNA Diagnostics Services, Research And Development Services

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Which Geographics are Influencing the Growth of the DNA Diagnostics Market?

North America was the largest region in the DNA diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the DNA diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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