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The United States diagnostics market size is anticipated to grow at a CAGR of 5.17% during the forecast period of 2024-2032 driven by the rising awareness among people about healthy lifestyle.
When a disease or condition is checked or analyzed by a healthcare professional, it is generally termed as diagnosing the condition, where diagnostics refers to the processes that are used to conclude the outcome on that analysis. With the help of diagnostic tests several diseases and medical conditions are detected and treated with the right treatment approach when diagnosed.
By detecting a disease on time, it becomes easy to treat it on time as it helps in knowing details about the disease like how fatal or normal a condition is and what are the measure that a patient can take to prevent it in future.
There are several key trends justifying the growth of the market, including the increasing involvement of advanced technologies in the diagnostics field, such as risk analysis and pattern recognition, among others. The increasing demand for point-of-care testing POCT has also been driving the market growth.
Additionally, the development of easy-to-use diagnostics devices is also acting as a trend and has been aiding the United States diagnostics market expansion. Due to the increasing and advancing use of technologies like polymerase chain reaction (PCR), next-generation sequencing (NGS), and personalized diagnostic testing, the market is expected to witness significant growth. The increasing integration of smart technologies such as artificial intelligence (AI) and machine learning (ML) in the diagnostic field of healthcare is expected to revolutionize the market.
The arrival of Digital pathology (DP) in the market is a great action and is significantly aiding the United States diagnostics market development. Digital pathology offers several benefits and has an extended scope of applications. These benefits include easy sharing features with which sharing of slides worldwide is just as simple as sending documents with smartphone.
Market Breakup by Product Type
Market Breakup by Technique
Market Breakup by Usage
Market Breakup by Applications
Market Breakup by End User
United States is the largest diagnostics market globally owing to factors like the rising awareness among people about healthy lifestyle and taking their healthcare serious. The increasing geriatric population, along with multiple diseases in this age, are also a major driver for the United States diagnostics market growth.
Additionally, being the largest market across the globe, the high development rate with advanced technologies to improve the quality and performance of the diagnostic methods and equipment is also a major driver for the market. The increasing emphasis on consuming personalized medicines that involves tailoring medical treatments in accordance to the individual patients' unique characteristics, has significantly increased the demand for advanced diagnostic tests. Molecular diagnostics and genetic testing are critical components of personalized medicine that makes the existence of targeted therapies and precise treatment decisions possible and reliable.
Due to the high healthcare expenditure per capita, driven by factors such as increased healthcare access, insurance coverage, and a focus on quality healthcare delivery, the demand for diagnostics services is on a rise. This is directly linked to healthcare expenditure because accurate and timely diagnosis is fundamental to effective healthcare delivery and cost management.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Technique |
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| Breakup by Usage |
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| Breakup by Applications |
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| Companies Covered |
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United States Diagnostics Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is anticipated to grow at a CAGR of 5.17% during the forecast period of 2024-2032.
The key drivers for the market growth include the rising prevalence of various disorders and ailments, along with the rising awareness among people about healthy lifestyle.
The different product types in the market are reagents, instruments, software, and services.
The different techniques in the market are immunodiagnostics, clinical techniques, molecular diagnostics, and tissue diagnostics, among others.
It finds wide application in infectious diseases, cancer, and sexually transmitted diseases.
The different end users in the market include hospitals, public labs, diagnostic centers, point-of-care testing centers, private or commercial laboratories, among others.
The increasing demand for point-of-care testing POCT is among the major trends in the market.
Key players involved in the market are Abbott Laboratories, Inc., Danaher Corporation, Thermo Fisher Scientific, Inc., Johnson & Johnson, Ortho-Clinical Diagnostics, Inc., Becton, Dickinson, and Company, Bio-Rad Laboratories, Inc., Roche Diagnostics Corporation, Inc., Biomerieux Inc., and Siemens Medical Solutions USA.
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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