In-Vitro Diagnostics (IVD) Market 2025-2029
The in-vitro diagnostics (IVD) market is forecasted to grow by USD 28.8 billion during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the in-vitro diagnostics (IVD) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing geriatric population, chronic and infectious diseases, demand for personalized medicine, and new product launches.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data. For further information on this report, please visit - https://www.technavio.com/report/report/in-vitro-diagnostics-market-industry-analysis
Technavio's in-vitro diagnostics (IVD) market is segmented as below:
By Product Type
- Reagents and kits
- Instruments
- Others
By Technology
- Immunoassay
- Molecular diagnostics
- Clinical chemistry
- Hematology
- Others
By Application
- Oncology
- Cardiology
- Autoimmune diseases
- Neurology
- Others
By End-user
- Hospitals and clinics
- Research institutes
- Diagnostics laboratories
- Others
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the global adoption of advanced treatment solutions as one of the prime reasons driving the in-vitro diagnostics (IVD) market growth during the next few years. Also, innovations in digital in-vitro diagnostics sector and increasing focus on point-of-care molecular diagnostics will lead to sizable demand in the market.
The report on the in-vitro diagnostics (IVD) market covers the following areas:
- In-Vitro Diagnostics (IVD) Market sizing
- In-Vitro Diagnostics (IVD) Market forecast
- In-Vitro Diagnostics (IVD) Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading in-vitro diagnostics (IVD) market vendors that include Abbott Laboratories, Agilent Technologies Inc., ARKRAY Inc., Becton Dickinson and Co., BGI Genomics Co. Ltd., Bio RAD Laboratories Inc., BioMerieux SA, Charles River Laboratories International Inc., Danaher Corp., DiaSorin SpA, F. Hoffmann La Roche Ltd., Grifols SA, Illumina Inc., Merck KGaA, QIAGEN N.V., Quest Diagnostics Inc., QuidelOrtho Corp., Siemens Healthineers AG, Sysmex Corp., and Thermo Fisher Scientific Inc.. Also, the in-vitro diagnostics (IVD) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.