France Molecular Diagnostics Market Size & Outlook
France molecular diagnostics market, 2018-2030 (US$M)
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France molecular diagnostics market highlights
- The France molecular diagnostics market generated a revenue of USD 2,070.4 million in 2023 and is expected to reach USD 713.6 million by 2030.
- The France market is expected to grow at a CAGR of -14.1% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Home Care is the most lucrative end use segment registering the fastest growth during the forecast period.
Molecular diagnostics market data book summary
| Market revenue in 2023 | USD 2,070.4 million |
| Market revenue in 2030 | USD 713.6 million |
| Growth rate | -14.1% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Home Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care |
| Key market players worldwide | Becton Dickinson & Co, BioMerieux SA, Bio-Rad Laboratories Inc, Abbott Laboratories, Agilent Technologies Inc, Danaher Corp, Hologic Inc, Illumina Inc, Grifols SA Ordinary Shares - Class A, Qiagen NV, Roche Holding AG, Siemens Healthineers AG ADR, Sysmex Corp |
Other key industry trends
- In terms of revenue, France accounted for 4.2% of the global molecular diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany molecular diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 90.5 million by 2030.
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Molecular Diagnostics Market Scope
Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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France molecular diagnostics market outlook
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 molecular diagnostics market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 46.85% in 2023. Horizon Databook has segmented the France molecular diagnostics market based on hospitals, outpatient facilities, home care covering the revenue growth of each sub-segment from 2018 to 2030.
This market is projected to exhibit a lucrative CAGR during the forecast period, owing to an increase in the prevalence of chronic diseases, technological advancements, and awareness about molecular diagnostics. In addition, France has one of the highest incidences of cancer globally. According to WHO, in 2020, around 467 thousand new cancer cases were diagnosed in France.
Cancer incidence is expected to increase to approximately 531 thousand by 2030, constituting one of the key factors driving market growth. Research activities pertaining to early diagnosis are increasing the demand for molecular diagnostics.
In addition, the presence of key manufacturers such as bioMerieux SA and the growth in strategic initiatives undertaken by them can make a positive impact on the market in France. Launching novel tests to combat the increasing incidence of infectious diseases is expected to boost the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the France molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into France molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France molecular diagnostics market size, by end use, 2018-2030 (US$M)
France Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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