U.S. Diagnostics Market Review 2020-2024 and Outlook to 2030 - Technological Advancements Lower Costs of Molecular Diagnostics, Reshape U.S. Healthcare Landscape
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 25 2025
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Source: Yahoo Finance
Market Growth and Opportunities: The U.S. diagnostics market is projected to grow from USD 35.66 billion in 2024 to USD 59.73 billion by 2030, driven by advancements in technology for early disease detection, user-friendly home diagnostics, and enhanced domestic manufacturing capabilities.
Challenges and Trends: While the rising demand for molecular diagnostics presents opportunities, affordability remains a challenge; additionally, the development of easy-to-use diagnostic devices is transforming healthcare delivery by promoting preventive care and patient engagement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
