Asia Pacific Molecular Diagnostics Market Size & Outlook
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Asia Pacific molecular diagnostics market highlights
- The Asia Pacific molecular diagnostics market generated a revenue of USD 6,335.7 million in 2024.
- The market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2024.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 6,335.7 million |
| Market revenue in 2030 | USD 8,841.1 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.6% of the global molecular diagnostics market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,718.7 million by 2030.
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Molecular Diagnostics Market Scope
Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| F. Hoffmann-La Roche Ltd. | View profile | - | - | - |
| Sysmex Corp | View profile | 10448 | 1-5-1 Wakinohara-Kaigandori, Chuo-ku, Hyogo Prefecture, Kobe, Japan, 6510073 | http://www.sysmex.co.jp |
| Hologic Inc | View profile | 6990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | http://www.hologic.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| BioMerieux SA | View profile | 13982 | Marcy l’Etoile, Lyon, France, 69280 | http://www.biomerieux.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Asia Pacific molecular diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to molecular diagnostics market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 69.79% in 2024. Horizon Databook has segmented the Asia Pacific molecular diagnostics market based on instruments, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is anticipated to be the fastest-growing market for molecular diagnostics due to the high burden of TB and drug-resistant TB in the SEA Region. According to the WHO Global TB Report 2023, the WHO South-East Asia (SEA) Region, which was home to approximately one-fourth of the global population, carries a significant burden of tuberculosis (TB), accounted for over 45% of the annual TB incidence.
Six countries in the SEA Region—Democratic People's Republic of Korea, Bangladesh, India, Indonesia, Myanmar, and Thailand—are among the global high-burden TB nations. For MDR-/RR-TB, Nepal has replaced Thailand as the high-burden country in the region.
Molecular diagnostic technologies enable clinicians to detect diseases at early stages, enhance prenatal screening for fetal abnormalities, and facilitate personalized medicine by understanding individual genetic profiles and drug responses.
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Target buyers of Asia Pacific molecular diagnostics market databook
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Our clientele includes a mix of molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific molecular diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific molecular diagnostics market size, by country, 2018-2030 (US$M)
Asia Pacific Molecular Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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