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Precision Diagnostics Market Analysis 2025: Comprehensive Overview & Emerging Opportunities

16 May, 2025

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.

What are the Historical Growth Trends in the Precision Diagnostics Market?

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%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Precision Diagnostics Industry?

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%.

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What are the Key Growth Drivers Fueling the Precision Diagnostics Market?

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

Global Market Segmentation: Identifying Major Precision Diagnostics Industry Segments

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

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What are the Emerging Trends Shaping the Future of the Precision Diagnostics Market?

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.

Who Are the Top Competitors & Leading Players in the Precision Diagnostics Market?

The major players in the precision diagnostics market are:

• Pfizer Inc

Regional Dominance: Which Area Leads the Global Precision Diagnostics Market?

North America was the largest region in the precision diagnostics market in 2024

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