Investment banks updating ilmn stock price forecast advise cautious optimism. The biotech capital markets show resilience, and Illumina’s healthy balance sheet with over $1.5B in cash reserves provides flexibility for R&D scaling in 2024– According to a report by Mordor Intelligence, the clinical diagnostics market has a size of $88.79 billion as of 2025. It is expected to grow at a compound annual growth rate (CAGR) of 5.48% between 2025 and 2030, reaching $115.94 billion at the end of the forecast period. While North America is the largest market in the domain at present, Asia-Pacific takes the lead as the fastest growing. Be the first to know the most important updates across all our datasets -> Macro headwinds like inflation and interest rates factor into the ilmn stock price forecast, but sector-specific catalysts — such as reduced supply chain bottlenecks — could counterbalance downside risks.