Automation in the Molecular Diagnostics Market by Type (Amplification Automation, Analysis Automation, Extraction Automation), Automation Type (Modular Automation, Total Lab Automation), Product, Application, End-use - Global Forecast 2024-2030

Automation in the Molecular Diagnostics Market by Type (Amplification Automation, Analysis Automation, Extraction Automation), Automation Type (Modular Automation, Total Lab Automation), Product, Application, End-use - Global Forecast 2024-2030

The Automation in the Molecular Diagnostics Market size was estimated at USD 11.75 billion in 2023 and expected to reach USD 13.54 billion in 2024, at a CAGR 15.79% to reach USD 32.81 billion by 2030.

Automation in molecular diagnostics refers to the use of advanced technologies and machinery to perform complex laboratory tests that detect and measure the presence of genetic materials, including DNA and RNA, in a patient's sample, including blood, saliva, and tissue. Unlike traditional methods that require significant manual effort and time, automation streamlines these processes, making them faster, more accurate, and capable of handling a large volume of tests simultaneously. The rising focus on personalized healthcare and precision medicine necessitates more efficient and accurate diagnostics. Moreover, the increasing incidence of chronic diseases worldwide boosts the demand for automated molecular diagnostics. Various government programs and funding in healthcare infrastructure and research encourage the adoption of these technologies. However, the initial investment in automation technology can be prohibitive for smaller labs and institutions. Furthermore, continuous innovations in automation technology, such as high-throughput systems and AI integration, drive the market forward. Integrating AI and machine learning to enhance data analysis and interpretation in diagnostics poses significant opportunities for manufacturers.

Regional Insights

The United States and Canada are leading in the Americas region due to their advanced healthcare infrastructure, significant investment in research & development, and high healthcare expenditure per capita. The demand in these countries is accelerated by the need for quicker and more accurate diagnostic tests for a variety of diseases, including infectious diseases, cancer, and genetic disorders. There is a high emphasis on the integration of data management systems with diagnostic equipment to streamline workflows and improve patient outcomes. The European Union countries show a strong trend towards adopting automated molecular diagnostics, driven by the availability of healthcare funding, stringent regulatory standards, and a high degree of awareness about advanced diagnostic solutions. Initiatives such as the EU's Horizon 2020 have supported research and innovation in healthcare, including molecular diagnostics, leading to the development of new technologies and systems. The Middle East is experiencing growth in adopting advanced healthcare technologies due to substantial healthcare investments in countries including Saudi Arabia & UAE. The APAC region, encompassing countries including China, Japan, and India, has shown remarkable growth in the adoption of automated molecular diagnostics. The growth is primarily driven by rising healthcare expenditure and, awareness about early disease detection, and government initiatives towards healthcare improvement.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automation in the Molecular Diagnostics Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Rising focus on personalized healthcare and precision medicine
• Increasing incidence of chronic diseases across the globe
• Upsurge in the need for point of care diagnostics

Market Restraints

• High initial investment associated with automation technology

Market Opportunities

• Continuous innovations in automation technology including high-throughput systems and AI integration
• Government programs and funding in healthcare infrastructure and research

Market Challenges

• Stringent regulations associated with the approval process

Market Segmentation Analysis

• Type: Increasing significance of amplification automation in high-throughput settings
• Automation Type: Preferences for total lab automation owing to extensive automation processing
• End-use: Research institutions prefer highly customizable and scalable automation solutions

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automation in the Molecular Diagnostics Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automation in the Molecular Diagnostics Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Biocare Medical and Molecular Instruments Join Forces to Elevate Bioimaging Technologies

Biocare Medical, a company that manufactures automated instruments in the United States, has entered a strategic alliance with Molecular Instruments (MI), which is recognized for its revolutionary HCR imaging technology. This partnership is expected to redefine the standards in automated bioimaging by integrating MI's state-of-the-art HCR platform with Biocare Medical’s cutting-edge ONCORE Pro X instrument. The collaboration aims to push the boundaries of efficiency and precision in situ hybridization (ISH) and immunohistochemistry (IHC) applications, thereby accelerating research, drug development, and clinical diagnostics.

The Launch of BugCount Guardian by LuminUltra to Enhnace Industrial Microbial Monitoring

LuminUltra has recently unveiled its latest breakthrough, the BugCount Guardian. This innovative system represents the next generation of the company’s proprietary 2nd Generation ATP testing technology, acclaimed for its swift and accurate assessment of microbial activity across diverse applications. Unlike traditional methods that are labor-intensive and time-consuming, BugCount Guardian automates the entire process, from sample collection to analysis, offering real-time results and insights without human intervention.

Yourgene Health Unveils Revolutionary MagBench Technology for Enhanced Non-Invasive Prenatal Testing

Yourgene Health PLC has introduced the MagBench Automated DNA Extraction Instrument and Kit, a transformative solution for Sage customers in the Asia-Pacific and Middle East regions. Designed as a bench-top robotic workstation for cell-free DNA (cfDNA) extraction, MagBench is aligned with Yourgene’s Sage 32 NIPT Workflow, offering a seamless and efficient process from sample collection to reporting. It simplifies DNA extraction with its user-friendly touchscreen interface, built-in protocols, and compact design, facilitating a rapid, cost-effective, and reliable process.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automation in the Molecular Diagnostics Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automation in the Molecular Diagnostics Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Adaltis S.r.l., altona Diagnostics GmbH, AstraGene, Becton, Dickinson and Company, Biocartis, bioMérieux S.A., Danaher Corporation, ELITech Group, F. Hoffmann-La Roche Ltd., Hologic, Inc., MEGAROBO technologies Co., Ltd., Meridian Bioscience, Molecular Devices, LLC, Mylab Discovery Solutions, QIAGEN N.V., QuidelOrtho Corporation, Revvity, Inc., Sansure Biotech Inc., Scispot.io Inc., Seegene, Inc., Siemens Healthineers AG, Tecan Group Ltd., The Festo Group, and Vela Diagnostics.

Market Segmentation & Coverage

This research report categorizes the Automation in the Molecular Diagnostics Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Amplification Automation
• Analysis Automation
• Extraction Automation
• Post-analytical Automation
• Pre-analytical Automation
• Automation Type
• Modular Automation
• Total Lab Automation
• Product
• Equipment
• Services
• Software
• Application
• Blood Screening
• Genetic Testing
• Infectious Diseases
• Oncology
• End-use
• Clinical Laboratories
• Hospitals
• Research Institutions
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year