Canada Dna Diagnostics Market Size & Outlook, 2023-2030

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dna diagnostics market will help companies and investors design strategic landscapes.

Pcr-based diagnostics was the largest segment with a revenue share of 49.88% in 2023. Horizon Databook has segmented the Canada dna diagnostics market based on pcr-based diagnostics, ngs dna diagnosis, in-situ hybridization diagnostics, microarrays-based diagnostics covering the revenue growth of each sub-segment from 2018 to 2030.

The market in Canada is expected to grow at a lucrative rate over the forecast period. It follows the U.S. in adopting diagnostic tests, as FDA-approved tests are permitted in the country. The presence of microbiology facilities in the country is expected to drive the DNA diagnostics market growth. For instance, the National Microbiology Laboratory (NML) in Canada is renowned for its exceptional level of scientific research worldwide.

Organizations collaborate with international and Canadian public health partners to prevent the spread of transmissible diseases. Laboratories’ primary functions include research, lab-based surveillance, and specialized services to identify diseases that other labs may not be able to detect or diagnose, among others. A group of local community representatives make up the Community Liaison Committee (CLC), which is a subsidiary body of the Canadian Science Centre for Human and Animal Health (CSCHAH).

Furthermore, the increasing focus on precision medicine, where treatments are tailored based on individual genetic profiles, is expected to gain traction among healthcare providers and patients alike. In addition, the rising prevalence of hereditary diseases and genetic disorders is prompting more Canadians to seek genetic testing, driving market demand. Collaboration between academic institutions and industry stakeholders plays a vital role in fostering innovation and expanding the market.