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 Sample;

Blood, Urine, Saliva, Tissue, and Others

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 & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn137278440 Published Date: May, 2025 Updated Date: June, 2025

Introduction

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

In Vitro Diagnostics (IVD) Market was valued at USD 39,702.09 million in the year 2024. 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%.


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

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 39,702.09 Million
Market Size (2031)USD 53,596.25 Million
Market ConcentrationHigh
Report Pages375
39,702.09
2024
53,596.25
2031

Major Players

  • Roche AG
  • Danaher Corporation
  • Abbott Laboratories, Becton
  • Dickinson and Company
  • Biomrieux S.A
  • Bio-Rad Laboratories
  • Qiagen N.V
  • Arkray
  • Sysmex Corporation
  • Siemens AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global In Vitro Diagnostics (IVD) Market

Fragmented - Highly competitive market without dominant players


The In Vitro Diagnostics (IVD) Market is witnessing robust growth, largely fueled by the increasing emphasis on early disease detection and personalized medicine. With over 65% of medical decisions now based on IVD testing, the demand for precise and rapid diagnostic solutions is on the rise. This surge is driven by heightened awareness around preventive healthcare, which has led to broader adoption in both clinical and home care settings.

Technological Breakthroughs in Diagnostic Tools
Recent advancements in molecular diagnostics, point-of-care testing, and next-generation sequencing have redefined the IVD landscape. Approximately 40% of new IVD solutions now integrate these cutting-edge technologies, enhancing diagnostic accuracy and expanding their clinical applications. This shift is empowering healthcare providers with faster, more reliable test results.

Rising Use in Chronic Disease Management
Chronic diseases, which account for around 70% of healthcare expenditures, are driving the demand for IVD solutions. These diagnostic tools are pivotal in the early detection, ongoing monitoring, and personalized management of long-term conditions like diabetes, cardiovascular diseases, and cancer, making them critical in modern healthcare.

Personalized Medicine and Precision Diagnostics
The move toward personalized medicine is another key factor boosting the IVD market. Nearly 50% of emerging IVD innovations are focused on companion diagnostics, which enable tailored treatment strategies based on a patient’s genetic profile. This personalized approach is transforming treatment protocols, enhancing patient outcomes, and improving healthcare efficiency.

Supportive Policies and Reimbursement Advancements
Favorable regulatory frameworks and comprehensive reimbursement policies are further accelerating the adoption of IVD technologies. Currently, over 60% of diagnostic tests are covered under health insurance plans, reducing financial barriers and expanding patient access to these critical diagnostic tools.

  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 Sample
    4. Market Snapshot, By Application
    5. Market Snapshot, By End User
    6. 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 Sample, 2021 - 2031 (USD Million)
      1. Blood
      2. Urine
      3. Saliva
      4. Tissue
      5. Others
    4. 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
    5. Global In Vitro Diagnostics (IVD) Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Laboratories
      3. Ambulatory Care Centers
      4. Others
    6. 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