How big is the diagnostic testing market | Size & Trends Worldwide 2025

Q: What is the market size of the diagnostic testing market in 2025 and 2031?

The diagnostic testing market was expected to be valued at approximately USD 75.8 billion in 2024 and is anticipated to exceed USD 129.6 billion by 2031.

Q: What is the CAGR of the diagnostic testing market between 2025 and 2031?

The diagnostic testing market is anticipated to grow at a CAGR of 8.0% during the forecast period.

Q: What are the key trends in the diagnostic testing market?

Key trends include rising use of AI in diagnostics, demand for home-based and point-of-care testing, and advancements in non-invasive and multi-target tests.

Q: What are the main drivers of the diagnostic testing market?

The diagnostic testing market is driven by early detection needs, rising chronic disease cases, technological advancements, and aging global population.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6073

Publication Date: Jul 2025

What is the diagnostic testing Market Size?

According to 6Wresearch internal database and industry insights, the diagnostic testing market was valued at USD 75.8 billion in 2024 and is anticipated to exceed USD 129.6 billion by 2031, registering a steady at a CAGR of 8.0% during the forecast period.

This market is witnessing substantial expansion due to the increasing prevalence of chronic and infectious diseases, advancements in diagnostic technologies, and the growing emphasis on early disease detection. Additionally, rising healthcare awareness, expanding geriatric population, and the integration of AI and automation in diagnostics are further driving market growth globally.

Major Growth Factors of the Diagnostic Testing Market

Increasing demand for early disease detection
Rising incidence of chronic and infectious diseases
Technological advancements in diagnostic tools
Growing aging population
Expanding point-of-care diagnostics
Integration of artificial intelligence in diagnostic systems
Increased healthcare expenditure in emerging economies
Rising preference for personalized medicine

Diagnostic Testing Market Trends

The diagnostic testing market is witnessing a rapid transformation with the integration of automation and AI to enhance accuracy and efficiency. There is a growing demand for non-invasive testing, home-based diagnostics, and point-of-care solutions. The focus on early and preventive diagnostics is shifting product innovation toward more rapid, cost-effective, and accessible testing kits and platforms.

Emerging Developments in the Diagnostic Testing Market

Diagnostic testing market is emerging with strategic collaborations between tech companies and healthcare firms to launch AI-driven diagnostic platforms. Innovations such as multi-analyte blood testing, digital pathology, and genomic diagnostics are gaining traction. Regulatory approvals and public-private partnerships are also accelerating the development of advanced testing infrastructure.