U.S. Precision Diagnostics Market Size & Outlook
U.S. precision diagnostics market, 2018-2030 (US$M)
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U.S. precision diagnostics market highlights
- The U.S. precision diagnostics market generated a revenue of USD 6,895.4 million in 2023 and is expected to reach USD 21,467.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 17.6% from 2024 to 2030.
- In terms of segment, genetic tests was the largest revenue generating test type in 2023.
- Direct to Consumer Tests is the most lucrative test type segment registering the fastest growth during the forecast period.
Precision diagnostics market data book summary
| Market revenue in 2023 | USD 6,895.4 million |
| Market revenue in 2030 | USD 21,467.7 million |
| Growth rate | 17.6% (CAGR from 2023 to 2030) |
| Largest segment | Genetic tests |
| Fastest growing segment | Direct to Consumer Tests |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Tests, Direct to Consumer Tests, Esoteric Tests |
| Key market players worldwide | Abbott Laboratories, Roche Holding AG, Siemens Healthineers AG ADR, Thermo Fisher Scientific Inc, BioMerieux SA, Becton Dickinson & Co, Danaher Corp, Qiagen NV, Hologic Inc, Agilent Technologies Inc |
Other key industry trends
- In terms of revenue, U.S. accounted for 44.2% of the global precision diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. precision diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,312.9 million by 2030.
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Precision Diagnostics Market Scope
Precision Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. precision 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 precision diagnostics market will help companies and investors design strategic landscapes.
Genetic tests was the largest segment with a revenue share of 54.41% in 2023. Horizon Databook has segmented the U.S. precision diagnostics market based on genetic tests, direct to consumer tests, esoteric tests covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of U.S. precision diagnostics market databook
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Our clientele includes a mix of precision diagnostics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. precision diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into U.S. precision diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. precision diagnostics market size, by test type, 2018-2030 (US$M)
U.S. Precision Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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