Global Precision Diagnostics Market Size & Outlook
Global precision diagnostics market, 2018-2030 (US$M)
Related Markets
Global precision diagnostics market highlights
- The global precision diagnostics market generated a revenue of USD 15,597.6 million in 2023 and is expected to reach USD 50,270.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 18.4% by 2030.
- In terms of segment, genetic tests accounted for a revenue of USD 10,010.2 million in 2023.
- Direct to Consumer Tests is the most lucrative test type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 15,597.6 million |
| Market revenue in 2030 | USD 50,270.6 million |
| Growth rate | 18.4% (CAGR from 2024 to 2030) |
| Largest segment | Genetic tests |
| Fastest growing segment | Direct to Consumer Tests |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Tests, Direct to Consumer Tests, Esoteric Tests |
Other key industry trends
- In terms of revenue, the North America accounted for 48.0% of the global precision diagnostics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,274.9 million by 2030.
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Precision Diagnostics Market Scope
Precision Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 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 |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.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 |
Global precision 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 precision diagnostics market will help companies and investors design strategic landscapes.
Genetic tests was the largest segment with a revenue share of 64.18% in 2023. Horizon Databook has segmented the Global precision diagnostics market based on genetic tests, direct to consumer tests, esoteric tests covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Precision Diagnostics Test Type Outlook (Revenue, USD Million, 2018-2030)
- Genetic Tests
- Direct to Consumer Tests
- Esoteric Tests
- Others
- Global Precision Diagnostics Application Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Respiratory Diseases
- Skin Diseases
- CNS Disorders
- Immunology
- Genetic Diseases
- Others
- Global Precision Diagnostics End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinical Laboratories
- Others
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Target buyers of Global precision diagnostics market databook
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Our clientele includes a mix of precision 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 global-level data and insights on the Global precision diagnostics market , including forecasts for subscribers. This global databook contains high-level insights into Global precision diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global precision diagnostics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Precision diagnostics market size, 2023 (US$M)
Global precision diagnostics market share, by test type, 2023 & 2030 (%, US$M)
Precision diagnostics market: Opportunity assessment by country
Global precision diagnostics market, by region, 2023 (US$M)
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