Global Molecular Methods Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Reagents & Consumables, Instruments, and Services

By Technology;

Polymerase Chain Reaction (PCR), Immunoassay, Biosensors, Microarray, and Others

By Application;

Clinical Diagnostics, Drug Development, Personalized Medicine, Genetic Testing, and Infectious Disease Testing

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn723038916 Published Date: May, 2025 Updated Date: June, 2025

Molecular Methods Market Overview

Molecular Methods Market (USD Million)

Molecular Methods Market was valued at USD 2,408.81 million in the year 2024. The size of this market is expected to increase to USD 3,621.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Global Molecular Methods Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 2,408.81 Million
Market Size (2031)USD 3,621.95 Million
Market ConcentrationMedium
Report Pages350
2,408.81
2024
3,621.95
2031

Major Players

  • QIAGEN
  • 3M
  • Veredus Laboratories
  • Neogen Corporation
  • Thermo Fisher Scientific
  • Bio-Rad Laboratories
  • bioMérieux
  • ArcherDX
  • HiMedia Laboratories

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Molecular Methods Market

Fragmented - Highly competitive market without dominant players


The Molecular Methods Market is experiencing robust growth, propelled by the increasing demand for precise diagnostic tools and advanced research methodologies. Molecular techniques have become indispensable in modern diagnostics and biological research, now constituting approximately 70% of specialized laboratory procedures. Their unparalleled sensitivity and specificity make them essential for detecting genetic, infectious, and oncological markers.

Technological Advancements Driving Market Expansion
Innovations in molecular diagnostics, including Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), and CRISPR technologies, are significantly contributing to market expansion. Currently, over 60% of diagnostic innovations are rooted in molecular methods, underscoring the sector's rapid evolution. These advancements not only enhance diagnostic accuracy but also reduce turnaround times, facilitating timely clinical decisions.

Integration into Personalized Medicine
The shift towards personalized medicine is a major catalyst for the molecular methods market. Approximately 55% of targeted therapies now rely on molecular profiling, enabling tailored treatment plans and improved patient outcomes. This trend signifies a move away from one-size-fits-all approaches towards individualized healthcare strategies.

Surge in Research and Development Investments
Investment in molecular research and development is at an all-time high, with more than 65% of biotech and pharmaceutical companies incorporating these methods into their core research activities. This focus is driving breakthroughs in genetic analysis, biomarker discovery, and therapeutic target identification, further fueling market growth.

Regulatory Support Enhancing Market Potential
Supportive regulatory frameworks and increased government funding for molecular research are creating a conducive environment for market expansion. Over 50% of clinical trials now include molecular testing as a critical component, reflecting the growing importance of these methods in contemporary healthcare. This regulatory backing is poised to sustain the market's upward trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Molecular Methods Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for precise disease diagnostics
        2. Increased adoption in infectious disease testing
        3. Advancements in PCR and sequencing technologies
        4. Expansion of personalized and genomic medicine
      2. Restraints
        1. High cost of molecular diagnostic platforms
        2. Complex sample preparation and workflow
        3. Need for skilled molecular biology professionals
        4. Regulatory hurdles for clinical implementation
      3. Opportunities
        1. Rising Healthcare Expenditure
        2. Precision Medicine Revolution
        3. Integration with AI
        4. Increasing R&D Investments
        5. Expansion in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Molecular Methods Market, By Product Type, 2021 - 2031 (USD Million)
      1. Reagents & consumables
      2. Instruments
      3. Services
    2. Molecular Methods Market, By Technology, 2021 - 2031 (USD Million)
      1. Polymerase chain reaction (PCR)
      2. Immunoassay, Biosensors
      3. Microarray
      4. Others
    3. Molecular Methods Market, By Application, 2021 - 2031 (USD Million)
      1. Clinical Diagnostics
      2. Drug Development
      3. Personalized Medicine
      4. Genetic Testing
      5. Infectious Disease Testing
    4. Molecular Methods Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa

        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. QIAGEN
      2. 3M
      3. Veredus Laboratories
      4. Neogen Corporation
      5. Thermo Fisher Scientific
      6. Bio-Rad Laboratories
      7. bioMérieux
      8. ArcherDX
      9. HiMedia Laboratories
  7. Analyst Views
  8. Future Outlook of the Market