In Vitro Diagnostics Market Size to be Worth $150.13 Billion by 2030 at CAGR 5.62% - Grand View Research, Inc.
SAN FRANCISCO, May 7, 2025 /PRNewswire/ -- The global in vitro diagnostics market size is expected to reach USD 150.13 billion in 2030 and is projected to grow at a CAGR of 5.62% from 2025 to 2030. driven by the increasing geriatric population, COVID-19 pandemic, and technological advancements in diagnostics that are supporting its adoption. Technological advancements in terms of portability, accuracy, and cost-effectiveness are projected to be one of the high-impact rendering drivers. Technological advancements were further accelerated by the launch of COVID-19 IVD diagnostics and enhanced the adoption of instruments and consumables for technologies, such as PCR. Competitors in the market are increasingly adopting agreement and partnership strategies to maintain a constant flow of business for manufacturers & diagnostics for users.
These agreements are also a result of the harsh price containment strategies for government laboratories, which lowers the price in government settings. For instance, in April 2021, the Italian subsidiary of Seegene, Inc. received a USD 108.25 million tenders for public procurement for the supply of extraction reagents, as well as 7.15 million SARS-CoV-2 diagnostic tests. However, it increases the multiparty nature and complexity of the supply chain. The high prevalence of cancer and Cardiovascular Diseases (CVDs) globally is anticipated to drive diagnostic innovation to facilitate early diagnosis and meet the constantly evolving needs of consumers. Novel technologies, such as plasmonic PCR, are anticipated to commercially enter the market during the forecast period, influencing the business of existing products adversely.
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In Vitro Diagnostics Market Report Highlights:
- The IVD market demonstrates a high degree of innovation, driven by advancements in molecular diagnostics, next-generation sequencing (NGS), and point-of-care testing.
- The distribution channels for in vitro diagnostics (IVD) market play a critical role in how products reach healthcare facilities, laboratories, and End Users, impacting market reach and operational efficiency
- The pricing of In vitro diagnostics (IVD) products varies significantly based on product type, complexity, and application.
- Reagents held the largest share of 65.54% of the in vitro diagnostics market in 2024, driven by significant R&D efforts from leading market players aiming to develop innovative biomarker kits
- North America dominated the in vitro diagnostics industry and accounted for a 47.43% share in 2024
Read full market research report on In Vitro Diagnostics (IVD) Market with TOC - In Vitro Diagnostics Market Size, Share & Trends Analysis Report By Product (Instruments, Reagents), By Test Location, By End Use (Hospitals, Laboratory), By Application, By Technology (Molecular Diagnostics), By Region, And Segment Forecasts, 2025 - 2030
In Vitro Diagnostics Market Segmentation
Grand View Research has segmented the global in vitro diagnostics market report based on products, technology, application, test location, end use, and region:
In Vitro Diagnostics Market - Product Outlook (Volume, Number of Instruments, in Thousands; Volume, Reagents, Number of Tests in Million; Revenue, USD Billion, 2018 - 2030)
- Instruments
- Reagents
- Others
In Vitro Diagnostics Market - Technology Outlook (Volume, Number of Instruments, in Thousands; Volume, Reagents, Number of Tests in Million; Revenue, USD Billion, 2018 - 2030)
- Immunoassay
- Instruments
- Reagents
- Others
- Hematology
- Instruments
- Reagents
- Others
- Clinical Chemistry
- Instruments
- Reagents
- Others
- Molecular Diagnostics
- Instruments
- Reagents
- Others
- Coagulation
- Instruments
- Reagents
- Others
- Microbiology
- Instruments
- Reagents
- Others
- Others
- Instruments
- Reagents
- Others
In Vitro Diagnostics Market - Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Infectious Diseases
- Diabetes
- Oncology
- Cardiology
- Nephrology
- Autoimmune Diseases
- Drug Testing
- Other applications
In Vitro Diagnostics Market - Test Location Outlook (Revenue, USD Billion, 2018 - 2030)
- Point of Care
- Home-care
- Others
In Vitro Diagnostics Market - End Use Outlook (Volume, Number of Instruments, in Thousands; Volume, Reagents, Number of Tests in Million; Revenue, USD Billion, 2018 - 2030)
- Hospitals
- Laboratory
- Home Care
- Others
In Vitro Diagnostics Market - Regional Outlook (Volume, Number of Instruments, in Thousands; Volume, Reagents, Number of Tests in Million; Revenue, USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Denmark
- Sweden
- Norway
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Thailand
- Latin America
- Brazil
- Argentina
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Kuwait
List of Key Players in the In Vitro Diagnostics (IVD) Market
- Abbott
- Bio-Rad Laboratories, Inc
- Siemens Healthineers AG
- BIOMÉRIEUX
- BD
- QIAGEN
- Quidel Corporation
- F. Hoffmann-La Roche Ltd.
- Danaher
- Quest Diagnostics Incorporated
- Agilent Technologies, Inc.
Check out more related studies published by Grand View Research:
- IVD In Cardiology And Neurology Market - The global IVD in cardiology and neurology market size is anticipated to reach USD 30.54 billion by 2030, registering a CAGR of 9.44% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is primarily driven by the increasing prevalence of cardiovascular and neurological disorders aided by the growing geriatric population.
- Infectious Disease In Vitro Diagnostics Market - The global infectious disease in vitro diagnostics market size is expected to reach USD 28.05 billion by 2030, registering a CAGR of 2.4% during the forecast period, according to a new report by Grand View Research, Inc. The rising prevalence of infectious diseases, such as tuberculosis & COVID-19, and technological advancements are projected to drive the product demand in the coming years.
- In Vitro Fertilization Market - The global in vitro fertilization market size is expected to reach USD 37.4 billion by 2030, with a CAGR of 5.54% from 2024 to 2030, based on a new report by Grand View Research, Inc. The market's growth can be attributed to the continuous efforts of the market players, an increase in the incidence of infertility due to lifestyle changes, and government initiatives to improve reimbursement policies.
- In Vitro Diagnostics Quality Control Market - The global in vitro diagnostics quality control market size is expected to reach USD 1.59 billion by 2030, registering a CAGR of 3.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The continually evolving technology-oriented changes in the diagnostics field and the growing requirement to ensure patient safety necessitate the execution of quality assurance programs in several medical domains including point-of-care devices and radiology.
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