The Precision Diagnostics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the Precision Diagnostics Global Market Report 2024 has experienced substantial growth. It is projected to increase from $98.14 billion in 2024 to $111.16 billion in 2025, with a compound annual growth rate (CAGR) of 13.3%.
The Precision Diagnostics Global Market is projected to reach a value of $192.06 billion in 2029, growing at a compound annual growth rate (CAGR) of 14.7%.
Download Your Free Sample of the 2025 Precision Diagnostics Market Report and Uncover Key Trends Now!The key drivers in the precision diagnostics market are:
• Expansion of liquid biopsy applications
• Integration of artificial intelligence (AI) in diagnostics
• Increasing demand for companion diagnostics
• Growth in point-of-care testing and population health management initiatives
The precision diagnostics market covered in this report is segmented –
1) By Type: Genetic Tests, Esoteric tests, Other Types
2) By Technology: Next Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), In Situ Hybridization (ISH), Mass Spectrometry, Immunohistochemistry (IHC), Other Technologies
3) By Application: Oncology, Infectious Diseases, Cardiovascular, Neurology, Genetic Disorders, Other Applications
4) By End-User: Hospitals And Clinics, Diagnostic Laboratories, Research Institutes, Pharmaceutical And Biotechnology Companies, Other End-Users
The key trends in the precision diagnostics market are:
• Expansion of liquid biopsy applications is a rising trend in precision diagnostics.
• Integration of artificial intelligence is shaping the market's future.
• The increasing demand for companion diagnostics and growth of point-of-care testing are major trends.
• Rise in digital pathology and partnerships in research and development are key emerging trends.
The major players in the precision diagnostics market are:
• Pfizer Inc
North America was the largest region in the precision diagnostics market in 2024