Overview:
In vitro diagnostics are instruments, systems or reagents designed for the disease diagnosis or other conditions, which includes determining health status for curing, alleviating, preventing or treating. In vitro diagnostics products are used for collecting, processing as well as analyzing samples gathered from human body. Moreover, these products are utilized to take and examine biological samples like saliva, tissue or blood and these samples are obtained from throat, nose, fingertip or a vein.
Global in-vitro diagnostics market is estimated to be valued at $76,621.8 million in 2022 and is expected to exhibit a CAGR of 5.3 % during the forecast period (2022-2030).
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Market Drivers:
Major market players are focusing on adopting various growth strategies such as acquisition, which is expected to fuel growth of the global in vitro diagnostics market over the forecast period. For instance, in July 2022, ELITechGroup acquired GONOTECH GmbH and obtained direct presence in the German market.
Impact of COVID-19:
The outbreak of coronavirus in China affected more than 100 countries across the globe. It affected global economies and financial health of several companies in various industries including healthcare sector. Due to the lockdown restrictions, supply chains of healthcare industry were disrupted in many regions and the COVID-19 pandemic significantly affected the private healthcare sector. However, as the pandemic situation is returning to normal across several regions, the market is likely to regain growth in the coming future.
Regional Analysis:
North America among regions is anticipated to witness significant growth in the global in vitro diagnostics market over the forecast period. This growth can be attributed to growing technological development and rise in healthcare expenditure across the region.
Key Takeaways:
The global in vitro diagnostics market is estimated to show a CAGR of 5.3% over the forecast period and this is owing to rising awareness among patients regarding health, well-established healthcare systems, rise in expenditure on healthcare and launch of new advanced treatments.
Molecular diagnostic segment among Technology is anticipated to witness substantial growth in the global in vitro diagnostics market over the forecast period, owing to its use in assessing molecular levels by detecting as it includes techniques like DNA microarray analysis, nucleic acid amplification and mass spectrometry.
Key Players:
Key players functioning in the global in vitro diagnostics market are Mizuho Medy Co., Ltd., Siemens Healthineers, Miraca Holdings Inc., Sysmex Corporation, Medical & Biological Laboratories Co., Ltd., Bio-Rad Laboratories, Nittobo Medical Co., Ltd., bioMérieux S.A., Arkray, Inc., Becton Dickinson, and Company, QIAGEN N.V., Danaher Corporation, F. Hoffmann-la Roche Ltd, and Abbott Laboratories.
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Key Developments:
April 2022: bioMérieux, signed an agreement of acquiring Specific Diagnostics, who develops rapid antimicrobial susceptibility (AST) testing system.
January 2022: Streck, a leading laboratory products manufacturer received clearance from the U.S. Food and Drug Administration (FDA), for its MDx-Chex for BCID2 for use in in vitro diagnostics.
October 2021: Bio-Rad Laboratories, Inc. introduced the CFX Opus 384 Dx System and CFX Opus 96 Dx System, which are registered for IVD use in Canada and Singapore with the regulatory authorities.
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◘ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging In-Vitro Diagnostics Market
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◘ Leading company profiles reveal details of key In-Vitro Diagnostics Market players emerging five operations and financial performance
◘ Add weight to presentations and pitches by understanding the future growth prospects of the emerging In-Vitro Diagnostics Market with five year historical forecasts
◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of In-Vitro Diagnostics Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of In-Vitro Diagnostics Market are also given.
𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @
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Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Recent Developments
- Acquisitions and Partnerships Scenario
- Technology Overview
- PEST Analysis
- Market Dynamics
- Global In-Vitro Diagnostics Market- Impact of Coronavirus (Covid-19) Pandemic
- Overall Impact
- Impact on Supply and Demand
- COVID-19 Impact on the market
- Global In-Vitro Diagnostics Market, By Product Type, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Instruments
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Reagents & Kits
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Blocking Buffers
- Proteins
- Secondary Antibodies
- Substrates
- Others
- Overview
- Global In-Vitro Diagnostics Market, By Technology, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Immunoassay
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Clinical Chemistry
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Molecular Diagnostics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Microbiology
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Hematology
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Coagulation & Hemostasis
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Urinalysis
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global In-Vitro Diagnostics Market, By Application, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Hospital
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Pathology Laboratories
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Point-of-Care Diagnostics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Research Institutes
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global In-Vitro Diagnostics Market, By Region, 2017 – 2030, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2018–2030
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017 – 2030, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Siemens Healthineers
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Sysmex Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Bio-Rad Laboratories
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- bioMérieux S.A.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Becton Dickinson, and Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Danaher Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Abbott Laboratories
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- F. Hoffmann-la Roche Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- QIAGEN N.V.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Arkray, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Nittobo Medical Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Medical & Biological Laboratories Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Miraca Holdings Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Mizuho Medy Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Siemens Healthineers
- Section
- Research Methodology
- About Us
About Coherent Market Insights
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