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Molecular Diagnostics Market

The global molecular diagnostics market is anticipated to grow significantly, increasing from USD 20.9 billion in 2024 to USD 35.4 billion by 2033, with a compound annual growth rate (CAGR) of 5.75% during the period from 2025 to 2033. This growth is driven by the rising demand for precise and rapid diagnostic solutions that enhance patient care and treatment outcomes. The increasing prevalence of infectious diseases, along with the growing focus on personalized medicine and genomics, is further propelling the market forward. Advances in technology, such as next-generation sequencing and PCR-based tests, are improving the accuracy and efficiency of molecular diagnostics, making them essential tools in clinical settings.

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