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In Vitro Diagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Feb 21, 2023
Length 147 Pages
SKU # IMRC17808593

Description

In Vitro Diagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global in vitro diagnostics market size reached US$ 104.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 150.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.

In vitro diagnostics (IVD) are tests carried out on blood or tissue samples taken from the human body. They are used to monitor the overall health of patients for curing, treating and preventing diseases. They help reduce hospital stays as IVD can produce instant results of samples for better diagnostic decisions. They allow multiple tests at the same time for screening for the presence of drugs in patients. In addition, they assist healthcare professionals in recording data of patients in the form of a photocopy and scanned images.

In Vitro Diagnostics Market Trends:
At present, there is a rise in the demand for IVD devices for immunodiagnostics, tissue and molecular diagnostics, and hematology across the globe. This, along with the burgeoning healthcare industry, represents one of the key factors propelling the market. Besides this, the rising prevalence of chronic diseases, such as tuberculosis (TB), cancer, heart disease, stroke, diabetes, and arthritis, are contributing to the growth of the market. In addition, the development of automated IVD systems for laboratories and hospitals to provide efficient, accurate, and error-free diagnoses are offering lucrative growth opportunities to industry investors. Moreover, key market players are investing in research and development (R&D) to introduce IVD products with molecular diagnostic capabilities for delivering effective and accurate results. They are also focusing on launching tests for home-based testing, which is positively influencing the market. Apart from this, there is an increase in the geriatric population around the world. This, coupled with technological advancements in IVD devices, such as portability, accuracy, and cost-effectiveness, is offering a positive market outlook. Additionally, the rising awareness among the masses about the benefits of IVD systems is bolstering the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global in vitro diagnostics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on test type, product, usability, application and end user.

Breakup by Test Type:

Clinical Chemistry
Molecular Diagnostics
Immunodiagnostics
Hematology
Others

Breakup by Product:

Reagents and Kits
Instruments

Breakup by Usability:

Disposable IVD Devices
Reusable IVD Devices

Breakup by Application:

Infectious Disease
Diabetes
Cancer/Oncology
Cardiology
Autoimmune Disease
Nephrology
Others

Breakup by End User:

Hospitals Laboratories
Clinical Laboratories
Point-of-care Testing Centers
Academic Institutes
Patients
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Agilent Technologies Inc., Biomerieux SA, Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd, Fujifilm Holdings Corporation, Illumina Inc., Qiagen N.V, Quest Diagnostics, Shimadzu Corporation, Siemens Healthcare GmbH and Sysmex Corporation.

Key Questions Answered in This Report

1. What was the size of the global in vitro diagnostics market in 2022?
2. What is the expected growth rate of the global in vitro diagnostics market during 2023-2028?
3. What are the key factors driving the global in vitro diagnostics market?
4. What has been the impact of COVID-19 on the global in vitro diagnostics market?
5. What is the breakup of the global in vitro diagnostics market based on the test type?
6. What is the breakup of the global in vitro diagnostics market based on the product?
7. What is the breakup of the global in vitro diagnostics market based on application?
8. What are the key regions in the global in vitro diagnostics market?
9. Who are the key players/companies in the global in vitro diagnostics market?

Table of Contents

147 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global In Vitro Diagnostics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Test Type
6.1 Clinical Chemistry
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Molecular Diagnostics
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Immunodiagnostics
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Hematology
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Product
7.1 Reagents and Kits
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Instruments
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Usability
8.1 Disposable IVD Devices
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Reusable IVD Devices
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Infectious Disease
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Diabetes
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Cancer/Oncology
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Cardiology
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Autoimmune Disease
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Nephrology
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by End User
10.1 Hospitals Laboratories
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Clinical Laboratories
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Point-of-care Testing Centers
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Academic Institutes
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Patients
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Abbott Laboratories
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Agilent Technologies Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Biomerieux SA
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Bio-Rad Laboratories Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 F. Hoffmann-La Roche Ltd
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 SWOT Analysis
16.3.6 Fujifilm Holdings Corporation
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Illumina Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Qiagen NV
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Quest Diagnostics
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Shimadzu Corporation
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Siemens Healthcare GmbH
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 Sysmex Corporation
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis

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