In a recently published market study on the global molecular diagnostics market, Transparency Market Research, Albany, NY, projects that the market will develop at a compound annual growth rate (CAGR) of 11.1% over the period from 2013 to 2019, attaining an overall value of $8.7 billion by the end of 2019.1

According to the study, key factors underlying the swelling market for molecular diagnostics include the rising prevalence of cancer, coupled with an increasing incidence of chronic diseases triggered by growth in the global geriatric population base.

The report analyzes the global molecular diagnostics market on the basis of both technology and application. A detailed study of regional markets for molecular diagnostics is also presented in the report.

Based on technology, PCR-based assays dominated the global molecular diagnostics market in 2012. However, the market for next-generation sequencing is currently reporting the fastest growth and is likely to capture market share from the former.

By application, infectious diseases represents the largest portion of the global molecular diagnostics market, with a market share of 60%. Within the infectious diseases segment, testing for healthcare-associated infections (HAIs) is exhibiting significant growth and is expected to expand at a CAGR of 15.1% over the forecast period. Testing for human papilloma virus (HPV) remains a strong growth area, and is projected to rise at a CAGR of 14.8% during the report period.

Regionally, sales in North America accounted for 42.68% of the global molecular diagnostics market in 2012. European sales accounted for nearly a third of global molecular diagnostics sales (29.79%) during the same period.

For further information, visit Transparency Market Research.


  1. Molecular diagnostics market (PCR, next-generation sequencing, microarray, infectious diseases, genetic disease, oncology testing, blood donor screening): global industry analysis, size, share, growth, trends, and forecast, 2013–2019. Albany, NY: Transparency Market Research, 2015.