Friday, August 15, 2025

Some notes - Diagnostics

  •  Roche has revenue of ~USD 70 billion, mainly from pharma and 30% through diagnostics. (USD 15.7 billion). Diagnostics include molecular diagnostics, tissue d, diabetes care, professional lab solutions
  • It is the largest player thus in dianostics space which is a USD 85 billion market size.  (estimated to reach 147 billion in 10 years). 
    • Some estimates say 108 billion curren
    • Broader testing market is USD 203 billion
    • Instruments account for the highest portion
    • Overall market growth limited - but India outpaces market significantly.
  • Diagnostics space implies tools, tech and services that detect monitor and manage diseases.
"The diagnostics value chain spans instrument manufacturers, reagent suppliers, lab service providers (institutional and ambulatory), and point-of-care or at-home testing services. Automated platforms and LDTs (laboratory-developed tests) are key components, offering flexibility and innovation under specific regulatory regimes."


CompanyPeriodDiagnostics Segment Revenue
Quest DiagnosticsQ1 2025$2.589 billion (diagnostics only)
Full Year 2024~$9.9 billion (overall, incl. diagnostics)
QiagenQ2 2025Diagnostics +11% growth; no figure given
Full Year 2024$1.978 billion (total revenue)
RocheFull Year 2024~CHF 18.7 billion (~US $20 billion+)
AbbottFull Year 2024$9.34 billion (diagnostics)
Q2 2025$2.28 billion (diagnostics)
Siemens HealthineersFull Year 2024€4.42 billion (diagnostics)
Q3 2025~4% decline in diagnostics sales

 

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