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DNA Probe-based Diagnostics Market Research Report By Product Type (Nucleic Acid Probes, Molecular Beacons, Scorpion Primers, TaqMan Probes, Hybridization Probes), By Application (Infectious Diseases, Oncology, Genetic Disorders, Cardiovascular Diseases, Neurological Disorders), By End User (Hospitals, Diagnostic Laboratories, Academic and Research Institutes, Forensic Laboratories, Pharmaceutical and Biotechnology Companies), By Detection Method (Fluorescence Microscopy, Spectrophotometry, Chemiluminescence, Electrochemiluminescence, Next-


ID: MRFR/HC/25497-HCR | 111 Pages | Author: Rahul Gotadki| December 2024

DNA Probe-based Diagnostics Market Overview


As per MRFR analysis, the DNA Probe-based Diagnostics Market Size was estimated at 2.48 (USD Billion) in 2023. The DNA Probe-based Diagnostics Market Industry is expected to grow from 2.67 (USD Billion) in 2024 to 4.38 (USD Billion) by 2032. The Market CAGR (growth rate) is expected to be around 5.67% during the forecast period (2024 - 2032).


Key DNA Probe-based Diagnostics Market Trends Highlighted


The DNA probe-based diagnostics market is experiencing significant growth due to technological advancements and increasing demand for personalized medicine. Recent trends in the market include the adoption of multiplex assays, automation, and the integration of artificial intelligence. These advancements enhance accuracy, efficiency, and the ability to detect multiple genetic markers simultaneously.


Key market drivers include the rising prevalence of chronic diseases, genetic disorders, and infectious agents. Personalized medicine and the availability of targeted therapies further fuel market demand. Opportunities exist in the development of novel probes, companion diagnostics, and point-of-care devices. The market is also witnessing partnerships and collaborations between industry players to enhance research and development capabilities.


  DNA Probe-based Diagnostics Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


DNA Probe-based Diagnostics Market Drivers


Advancements in Biotechnology and Genomics


The most relevant driving force of the DNA probe-based diagnostics market is the rapid development of biotechnology and genomics. The new generation sequencing technologies represent a breakthrough in the realm of molecular screening owing to their superior precision and rates of operation. Nowadays, a single DNA test can simultaneously sequence millions of unique parts of the genome.


This advancement facilitated the creation of novel diagnostics tools that allow detecting and identifying a wide range of diseases, including but not limited to, cancer, infectious illnesses, congenital abnormalities, and many more. It is expected that the growing level of accessibility of the mentioned technologies will become the major factor influencing the expansion of the Diagnostics Market.


Rising Prevalence of Chronic Diseases


The increasing prevalence of chronic diseases, such as cancer and cardiovascular diseases, is another major factor driving the growth of the DNA Probe-based Diagnostics Market. Chronic diseases are often associated with genetic predispositions and require accurate and early diagnosis for effective management. DNA probe-based diagnostics offer a powerful tool for identifying individuals at risk of developing these diseases, enabling timely intervention and preventive measures.


The ability of DNA probe-based tests to detect genetic mutations and variations associated with chronic diseases has made them invaluable in precision medicine approaches, tailoring treatment plans to individual genetic profiles.


Government Initiatives and Funding


Government initiatives and funding impact on the development of DNA probe-based diagnostics market are to the highest extent. Governments of many countries are interested in improving early disease diagnostics and the development of personalized medicine, providing funds for research of DNA probe-based diagnostic technologies. The increase in funding for genomic research and precision medicine over the past few years has created positive conditions for the development and commercialization of DNA probe-based diagnostic tests.


DNA Probe-based Diagnostics Market Segment Insights


DNA Probe-based Diagnostics Market Product Type Insights


The DNA probe-based diagnostics market is segmented by product type into nucleic acid probes, molecular beacons, scorpion primers, TaqMan probes, and hybridization probes. The nucleic acid probes segment held the largest segment of the market in 2023, and it is anticipated to continue to dominate the market over the forecast period. This is owing to the increasing demand for nucleic acid probes in several applications, including gene expression analysis, genotyping, and DNA sequencing. The molecular beacons segment is projected to grow at the highest CAGR over the forecast period.


This is due to an increase in the use of molecular beacons in multiplex assays and point-of-care diagnostics. The scorpion primers segment is also expected to grow at a substantial rate over the forecast period. This is because of an increase in the use of scorpion primers in genotyping and gene expression analysis.


The TaqMan probes segment is expected to grow at a steady rate over the forecast period. This is because of the growing use of TaqMan probes in quantitative PCR and real-time PCR assays. The Hybridization Probes segment is anticipated to grow at a medium rate over the forecast period. This is because of an increase in the use of hybridization probes in FISH and CISH assays. This is due to the growing demand of DNA probe-based diagnostics in various applications, including disease diagnosis, genetic testing, and forensic analysis.


  DNA Probe-based Diagnostics Market Product Type


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


DNA Probe-based Diagnostics Market Application Insights


The application segment of the DNA probe-based diagnostics market is expected to witness significant growth in the coming years. Infectious diseases, oncology, genetic disorders, cardiovascular diseases, and neurological disorders are the key application areas driving the market growth.


Infectious diseases accounted for the largest share of the market in 2023, with a valuation of USD 1.21 billion. The growing prevalence of infectious diseases, coupled with the increasing demand for accurate and rapid diagnostic tests, are major factors contributing to the growth of this segment.


Oncology is another major application area, with a market value of USD 0.87 billion in 2023. The rising incidence of cancer and the need for personalized treatment plans are propelling the demand for DNA Probe-based diagnostics in this segment. Genetic disorders, cardiovascular diseases, and neurological disorders are also expected to contribute to the market growth, with increasing awareness and advancements in diagnostic techniques.


DNA Probe-based Diagnostics Market End User Insights


The DNA probe-based diagnostics market is segmented by end user, including hospitals, diagnostic laboratories, academic and research institutes, forensic laboratories, and pharmaceutical and biotechnology companies.


Hospitals accounted for the largest share of the market in 2023, due to the increasing number of patients requiring diagnostic testing and the growing adoption of molecular diagnostics. Diagnostic laboratories are also a major end user, as they offer a wide range of molecular diagnostic services to patients and healthcare providers.


Academic and research institutes are also significant end users, as they conduct research on new diagnostic methods and technologies. Forensic laboratories use DNA probe-based diagnostics for identification and analysis of DNA samples in criminal investigations.


Pharmaceutical and biotechnology companies use DNA probe-based diagnostics for research and development of new drugs and therapies. The DNA Probe-based Diagnostics Market is expected to grow significantly in the coming years, driven by the increasing prevalence of genetic diseases, the growing demand for personalized medicine, and the technological advancements in the field of molecular diagnostics.


DNA Probe-based Diagnostics Market Detection Method Insights


The detection method is a key segment of the market, which includes various techniques used in DNA probe-based diagnostics. Fluorescence microscopy is a widely used detection method that utilizes fluorescent dyes or probes to visualize DNA targets.


Spectrophotometry, on the other hand, measures the absorbance or transmittance of light through a sample to quantify DNA concentrations. Chemiluminescence and Electrochemiluminescence are other detection methods that generate light signals through chemical reactions, offering high sensitivity and specificity.


Next-generation sequencing (NGS) is a powerful detection method that enables the sequencing of large DNA fragments, providing comprehensive genetic information. This technological advancement has significantly impacted the field of DNA probe-based diagnostics, allowing for the identification and characterization of genetic variations associated with diseases. The market growth of DNA probe-based diagnostics is driven by increasing demand for personalized medicine, advancements in molecular biology techniques, and rising prevalence of genetic disorders.


DNA Probe-based Diagnostics Market Regional Insights


The DNA probe-based diagnostics market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023 and is expected to continue to dominate the market throughout the forecast period.


The growth of the North American market is attributed to the increasing prevalence of chronic diseases, the rising adoption of personalized medicine, and the presence of many market players. Europe is the second largest market for DNA Probe-based Diagnostics and is expected to grow at a significant rate during the forecast period.


The growth of the European market is attributed to the increasing adoption of molecular diagnostics, the rising awareness of personalized medicine, and the presence of many market players. APAC is the third largest market for DNA probe-based diagnostics and is expected to grow at the fastest rate during the forecast period. The growth of the APAC market is attributed to the increasing prevalence of chronic diseases, the rising adoption of personalized medicine, and the presence of many market players.


South America and MEA are expected to grow at a moderate rate during the forecast period. The growth of these markets is attributed to the increasing prevalence of chronic diseases, the rising adoption of personalized medicine, and the presence of several market players.


DNA Probe-based Diagnostics Market Regional


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


DNA Probe-based Diagnostics Market Key Players and Competitive Insights


In addition to these strategies, several major players in the industry have been focusing on expanding their presence in the DNA probe-based diagnostics market. This has been structured through partnerships, acquisitions, and new product launches. Key participants are spending a significant amount on research and development in creating a better product portfolio that would cater better to the needs of consumers.


It is expected that the DNA probe-based diagnostics market will be highly competitive with the major players’ focus on expansion through innovation and strategic alliances. By understanding and implementing these strategies, companies can expand their infrastructure and generate sales.


Leading DNA players are investing heavily in adopting advanced technologies such as artificial intelligence, machine learning, and automation in their solutions. Overall, while the impact of such trends is expected to influence the market on a short-term basis, over the long-term period, innovation, automation, artificial intelligence, and machine learning are expected to drive DNA probe-based diagnostics market growth.


Roche is the dominant players present in the DNA Probe-based Diagnostics Market due to a wide array of solutions that addresses most of the diseases and its presence being in developed and emerging countries. The company is known for its unique products and is mainly concerned with the innovations and developments taking place in the DNA Probe-based Diagnostics Market.


Roche is spending money on research and development to enhance the accuracy and efficiency of the products it manufactures along with its product portfolio. Additionally, it is focused on implementing a different approach and decision-making process that has made it cater to the needs of end users, thereby making it a customers’ preference.


Key Companies in the DNA Probe-based Diagnostics Market Include



  • Hoffmann-La Roche Ltd

  • Hologic, Inc.

  • Sysmex Corporation

  • EKF Diagnostics Holdings plc

  • Enzo Biochem, Inc.

  • Becton, Dickinson and Company

  • QIAGEN

  • BioMérieux

  • BioRad Laboratories, Inc.

  • Merck KGaA

  • Agilent Technologies, Inc.

  • Danaher Corporation

  • Abbott

  • Siemens Healthineers

  • Illumina, Inc.


DNA Probe-based Diagnostics Market Developments


The DNA Probe-based Diagnostics Market is projected to reach USD 7.4 billion by 2032, exhibiting a CAGR of 10.17% during the forecast period (2024-2032). The market growth can be attributed to the rising prevalence of infectious diseases, increasing adoption of personalized medicine, and technological advancements in molecular diagnostics. Key players in the market include Abbott Laboratories, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd, and Thermo Fisher Scientific, among others.


Recent news developments include the launch of new products, such as BD's BD MAX System for the detection of sexually transmitted infections, and Cepheid's GeneXpert Infinity-80 System for rapid molecular diagnostics. Additionally, collaborations and partnerships between market players are expected to drive innovation and market expansion. For instance, in 2023, QIAGEN and Invivoscribe Technologies collaborated to develop and commercialize a next-generation sequencing (NGS)-based test for hematologic malignancies.


DNA Probe-based Diagnostics Market Segmentation Insights


DNA Probe-based Diagnostics Market Product Type Outlook



  • Nucleic Acid Probes

  • Molecular Beacons

  • Scorpion Primers

  • TaqMan Probes

  • Hybridization Probes


DNA Probe-based Diagnostics Market Application Outlook



  • Infectious Diseases

  • Oncology

  • Genetic Disorders

  • Cardiovascular Diseases

  • Neurological Disorders


DNA Probe-based Diagnostics Market End User Outlook



  • Hospitals

  • Diagnostic Laboratories

  • Academic and Research Institutes

  • Forensic Laboratories

  • Pharmaceutical and Biotechnology Companies


DNA Probe-based Diagnostics Market Detection Method Outlook



  • Fluorescence Microscopy

  • Spectrophotometry

  • Chemiluminescence

  • Electrochemiluminescence

  • Next-Generation Sequencing (NGS)


DNA Probe-based Diagnostics Market Regional Outlook



  • North America

  • Europe

  • South America

  • Asia Pacific

  • Middle East and Africa

Report Attribute/Metric Details
Market Size 2023 2.48 (USD Billion)
Market Size 2024 2.67 (USD Billion)
Market Size 2032 4.38 (USD Billion)
Compound Annual Growth Rate (CAGR) 5.67% (2024-2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2019-2023
Market Forecast Units USD Billion
Key Companies Profiled F. HoffmannLa Roche Ltd, Hologic, Inc., Sysmex Corporation, EKF Diagnostics Holdings plc, Enzo Biochem, Inc., Becton, Dickinson and Company, QIAGEN, BioMérieux, BioRad Laboratories, Inc., Merck KGaA, Agilent Technologies, Inc., Danaher Corporation, Abbott, Siemens Healthineers, Illumina, Inc.
Segments Covered Product Type, Application, End User, Detection Method, Region
Key Market Opportunities 1.       Expanding Applications in Infectious Disease Testing 2.       Growing Demand for Personalized Medicine 3.       Technological Advancements in Probe Design 4.       Increasing Prevalence of Genetic Disorders 5.       Rising Focus on Point of Care Diagnostics
Key Market Dynamics 1.       Technological Advancements 2.       Increasing Prevalence of Infectious Diseases 3.       Growing Emphasis on Personalized Medicine 4.       Rising Healthcare Expenditure 5.       Expanding Applications
Countries Covered North America, Europe, APAC, South America, MEA
 

Frequently Asked Questions (FAQ) :

The DNA probe-based diagnostics market is expected to reach a valuation of 4.38 billion USD by 2032, with a CAGR of 5.67% from 2024 to 2032.

North America is expected to hold the largest market share, followed by Europe and Asia-Pacific.

Major applications include infectious disease diagnostics, genetic testing, and cancer diagnostics.

Key competitors include Abbott Laboratories, Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd., bioMérieux SA, and QIAGEN.

Factors driving growth include increasing prevalence of infectious diseases, rising demand for personalized medicine, and technological advancements.

Challenges include regulatory hurdles, high costs, and lack of skilled professionals.

Opportunities for growth include emerging markets, advancements in molecular diagnostics, and increasing healthcare expenditure.

The DNA probe-based diagnostics market is expected to register a CAGR of 5.67% from 2024 to 2032.

The base year is 2023 and the end year is 2032.

The DNA probe-based diagnostics market was valued at 2.48 billion USD in 2023.

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