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DNA Diagnostics Market Set to Reach USD 21.2 Billion by 2029, Driven by Technological Advances and Growing Demand | MarketsandMarkets™
Illumina Inc. leads the DNA diagnostics market, leveraging its expertise in sequencing and array-based solutions for genetic analysis. The company's integrated systems, consumables, and informatics platforms support comprehensive genetic analysis and are pivotal in maintaining its market dominance. Illumina's substantial investment in R&D ensures continuous innovation, reinforcing its position as a leader in genomics.
Danaher Corporation holds a significant share in the DNA diagnostics market, offering molecular-based analytical instruments, reagents, and software through its Diagnostics segment. The company's expansive global network supports its diverse product offerings, positioning Danaher as a key player in the industry's competitive landscape.
F. Hoffmann-La Roche Ltd. is a prominent player in the DNA diagnostics market, renowned for its diagnostic products in areas like HPV, hepatitis, and HIV. The company's commitment to innovation and quality, particularly through its Diagnostics Division, underscores its role in advancing DNA diagnostics and setting industry benchmarks.
In the DNA diagnostics market, offerings are segmented into reagents & kits, instruments, and services & software. Reagents & kits dominated the market in 2023 due to their recurring demand compared to instruments. Technology segments include PCR, microarrays, sequencing technology, and others, with PCR leading in 2023 due to its widespread adoption in genomics and advancements like qPCR.
The market is segmented by specimen (blood, serum, plasma; urine; and others), with blood, serum, and plasma holding the largest share in 2023, driven by advancements in diagnostic technologies and increased prevalence of infectious diseases. Application-wise, infectious disease diagnostics held the largest market share in 2023, supported by the development of advanced assays and rising disease incidences.
End users in the DNA diagnostics market include diagnostic laboratories, hospitals and clinics, and others, with diagnostic laboratories leading in 2023 due to higher test volumes and strengthened healthcare infrastructures. Geographically, North America led the market in 2023, followed by Europe and the Asia Pacific , driven by factors such as prevalence of infectious diseases, increased healthcare spending, and advanced healthcare systems in these regions.
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View original content: https://www.prnewswire.co.uk/news-releases/dna-diagnostics-market-set-to-reach-usd-21-2-billion-by-2029--driven-by-technological-advances-and-growing-demand--marketsandmarkets-302190611.html