Asia Pacific Molecular Diagnostics Market

Asia Pacific Molecular Diagnostics Market Size

The size of the Asia Pacific molecular diagnostics market was valued at USD 3.28 billion in 2024. This market is expected to grow at a CAGR of 9.78% from 2025 to 2033 and be worth USD 7.60 billion by 2033 from USD 3.60 billion in 2025.

MARKET DRIVERS

The market is primarily driven by factors such as an increase in the prevalence of cancers in APAC, growth in the biomarkers identification market, and rising acceptance of personalized medicine and companion diagnostics. In the APAC region, China has witnessed a spike in the aging population. It is expected to increase the molecular diagnostic market. In recent periods, an increase in chronic conditions such as diabetes, cancer, and heart disease across the APAC region is anticipated to augment the molecular diagnostics market. Government initiatives to make the precision medicine approach a standard practice and growing awareness among the people in this region about molecular diagnostics are projected to propel the market growth.

MARKET RESTRAINTS

The market growth is restricted by challenging factors such as a lack of professionals for molecular diagnostic procedures and stringent regulatory requirements for new molecular diagnostic techniques, to hinder the Asia Pacific oncology molecular diagnostic market growth. The knowledge of molecular diagnostics technologies is essential for carrying out molecular diagnostic tests, which is considered one of the challenging market growth factors. Rapid mutation of microbes and the rising outbreak of epidemics further restricted the market growth.

COUNTRY LEVEL ANALYSIS

The Asia Pacific molecular diagnostic market recorded a substantial market share in 2024, and it is expected to hold the largest market share during the forecast period. The market size is estimated to reach USD 712.05 million by 2027 and grow at a CAGR of 12.6% during the forecast period.

In APAC, the Australian market is projected to hold the leading market share during the forecast period and was worth USD 91.26 million in 2020. It is projected to reach USD 175.55 million by 2027. The Australian market growth is attributed to the increase in the incidence of cancer. Moreover, with the accelerating demand for faster cancer diagnosis, the Australian market is estimated to contribute its share to the APAC region.

China accounted for the largest market share of the molecular diagnostic market over the forecast period and is anticipated to continue its stake in the coming years. In the APAC region, a spike in China's aging population is more likely to expand the molecular diagnostic market's growth. China is involved in launching innovative devices and technologies for multiple therapeutic areas to create market growth.

India has been showing a significant spike in the molecular diagnostic market over the forecast period. Increasing government initiatives in India and rising molecular diagnostic procedures proliferate due to the rising demand to accelerate the market growth.

Japan is more likely to raise its market growth of the molecular diagnostic market during the forecast period. Japan announced its launch of a new product, in-vitro diagnostics. Increasing infectious diseases and the adoption of innovative personalized medicines are projected to influence market growth.

KEY MARKET PLAYERS

Abbott Laboratories, Agilent Technologies, Becton, Dickinson and Company, Biomérieux SA, Danaher Corporation, Diasorin, Grifols, Hologic, Illumina, Qiagen, Roche Diagnostics, Siemens Healthineers, and Thermo Fisher Scientific are some of the companies playing a prominent role in the APAC molecular diagnostics market.

MARKET SEGMENTATION

This Asia Pacific molecular diagnostics market research report is segmented and sub-segmented into the following categories.

By Products and Services

• Reagents and kits
• Instruments
• Software and service

By Technology

• Polymerase Chain Reaction (PCR)
• Isothermal Nucleic Acid Amplification Technology (INAAT)3.
• DNA Sequencing and NGS
• DNA Microarrays
• In Situ Hybridization
• Other Technologies

By End-User

• Hospital and Academic Laboratories
• Reference Laboratories
• Other End-Users

By Country

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest Of APAC