The molecular diagnostics market is growing, though projections on how fast and how far vary depending on who is studying the field. Grand View Research in October projected a near-tripling of the market to $17.9 billion in 2024, from $6.45 billion in 2015.
That’s just slightly lower than the $6.54 billion market size estimated for molecular diagnostics last year by MarketsAndMarkets, which foresees the field climbing to $10.12 billion by 2021. A third company, Global Market Insights, sees a slightly smaller market of $10.03 billion by 2023.
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