Global In Vitro Diagnostics (IVD) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Instruments, Reagents, and Others.

By Usability;

Disposable IVD Devices, and Reusable IVD Devices.

By Application;

Infectious Diseases, Diabetes, Cancer, Cardiology, Autoimmune Diseases, Nephrology, Drug Testing, HIV/AIDS, and Others.

By End User;

Hospitals, Diagnostic Laboratories, Ambulatory Care Centers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn137278440 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global In Vitro Diagnostics (IVD) Market (USD Million), 2021 - 2031

In the year 2024, the Global In Vitro Diagnostics (IVD) Market was valued at USD 39,702.09 million. The size of this market is expected to increase to USD 53,596.25 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The Global In Vitro Diagnostics (IVD) Market encompasses a vast array of medical devices and diagnostic tests used to analyze biological samples outside the human body. These tests play a pivotal role in disease diagnosis, monitoring, and management across various medical specialties, from oncology and infectious diseases to cardiology and endocrinology. With the increasing burden of chronic and infectious diseases worldwide, coupled with advancements in diagnostic technologies and personalized medicine approaches, the IVD market is experiencing steady growth and innovation.

Global In Vitro Diagnostics (IVD) Market include the growing prevalence of chronic and infectious diseases, aging populations, and rising healthcare expenditure. Chronic conditions such as diabetes, cardiovascular diseases, and cancer represent significant public health challenges globally, necessitating accurate and timely diagnostic solutions for effective disease management. Furthermore, infectious disease outbreaks such as the COVID-19 pandemic underscore the critical role of IVD tests in epidemic preparedness and response, driving investments in diagnostic infrastructure and technology development.

The Global In Vitro Diagnostics (IVD) Market is characterized by rapid technological advancements, expanding the scope and capabilities of diagnostic tests. Innovations in areas such as molecular diagnostics, point-of-care testing, and digital health solutions are revolutionizing the landscape of disease diagnosis and patient care. Molecular diagnostics, in particular, enables the detection of genetic and molecular biomarkers associated with diseases, facilitating personalized treatment strategies and targeted therapies. Similarly, point-of-care testing devices offer rapid and convenient diagnostic results at the patient's bedside or in remote settings, enhancing accessibility and timely intervention. Moreover, the integration of digital technologies such as artificial intelligence (AI) and mobile health (mHealth) applications enhances data analysis, interpretation, and connectivity, driving efficiency and interoperability in diagnostic workflows.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Usability
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global In Vitro Diagnostics (IVD) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Technological Advancements in Diagnostic Technologies
        3. Increasing Prevalence of Chronic and Infectious Diseases
        4. Rising Demand for Point-of-Care Testing
      2. Restraints
        1. Stringent Regulatory Requirements
        2. Reimbursement Challenges
        3. High Cost of Diagnostic Tests
        4. Limited Access to Healthcare Facilities
      3. Opportunities
        1. Technological Innovations such as Digital Pathology and Next-Generation Sequencing
        2. Growing Demand for Companion Diagnostics in Precision Medicine
        3. Increasing Adoption of Lab Automation and Robotics
        4. Expansion of Personalized Medicine Approaches
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global In Vitro Diagnostics (IVD) Market, By Product Type, 2021 - 2031 (USD Million)
      1. Instruments
      2. Reagents
      3. Others
    2. Global In Vitro Diagnostics (IVD) Market, By Usability, 2021 - 2031 (USD Million)
      1. Disposable IVD Devices
      2. Reusable IVD Devices
    3. Global In Vitro Diagnostics (IVD) Market, By Application, 2021 - 2031 (USD Million)
      1. Infectious Diseases
      2. Diabetes
      3. Cancer
      4. Cardiology
      5. Autoimmune Diseases
      6. Nephrology
      7. Drug Testing
      8. HIV/AIDS
      9. Others
    4. Global In Vitro Diagnostics (IVD) Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Laboratories
      3. Ambulatory Care Centers
      4. Others
    5. Global In Vitro Diagnostics (IVD) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Roche AG
      2. Danaher Corporation
      3. Abbott Laboratories, Becton
      4. Dickinson and Company
      5. Biomrieux S.A
      6. Bio-Rad Laboratories
      7. Qiagen N.V
      8. Arkray
      9. Sysmex Corporation
      10. Siemens AG
  7. Analyst Views
  8. Future Outlook of the Market