Report cover image

Europe In-Vitro Diagnostics (IVD) Market - Focused Insights 2024-2029

Publisher Arizton Advisory and Intelligence
Published Apr 23, 2024
Length 125 Pages
SKU # ARZ18719838

Description

Europe In-Vitro Diagnostics (IVD) Market - Focused Insights 2024-2029


Europe's in-vitro diagnostics (IVDs) market is expected to grow at a CAGR of 2.23% from 2023 to 2029.

MARKET DRIVERS

Growing Importance for Personalised Medicine: Personalised medicine is becoming increasingly important as scientists learn more about genetic makeup. The undeniable potential of digitization in healthcare is driven by this industry's capacity to recognize the worldwide demand for more advanced and personalized care. The new European Partnership for Personalised Medicine (EP PerMed) was officially launched in 2023. This will promote all areas and disciplines of precision medicine, facilitate innovation and transfer, and encourage its consolidation in health systems, allowing continuous improvement.

Increasing Adoption of Automation in Laboratories: Integrating automation into the IVD manufacturing process benefits IVD device designers and manufacturers. Automation allows for the inclusion of software-based calculation, calibration, and documentation, improving test efficiency, calibration schedules, regulatory compliance, and instrument/equipment traceability. These benefits lead to less labor, reduced errors (standardization) risk, and fewer calibration tests. Furthermore, automated volumetric measurements simplify production fabrication processes by giving manufacturers better control over manufacturing equipment and steps on the production line.

EUROPE IN-VITRO DIAGNOSTICS (IVDs) MARKET INSIGHTS
  • The reagents and consumables segment occupies a major market share of over 65% in the Europe in-vitro diagnostics (IVDs) market, owing to increasing focus on research in molecular biology and technological advancements in genomic sequencing. With the increasing adoption of in-vitro diagnostics solutions, the demand for reagents and consumables is increasing. Infectious diseases and pandemics such as COVID-19 significantly fuel the demand for reagents in diagnosis.
  • The hematology technology segment is growing significantly, with the fastest-growing CAGR during the forecast period. The growth of the hematology market is attributed to the increasing incidences of blood disorders and other diseases, rapid technological advances in hematology, and the emergence of high throughput hematology analyzers. As the demand for testing has surged in recent years, the laboratory's role in diagnosing and managing diseases has grown significantly.
  • The diabetic application segment showcases the highest growth rate in the Europe in-vitro diagnostics (IVDs) market. Rising health consciousness among the population and the demand for diabetes monitoring devices, coupled with the easy availability of advanced diabetes devices, are fostering market growth in this segment.
  • By end-user, the standard reference labs segment dominated the market share of the Europe in-vitro diagnostics (IVDs) market. In recent years, standard reference laboratories have rapidly expanded to offer numerous tests and deliver high market growth by adopting new technologies and product offerings, thus driving market growth.
REGIONAL ANALYSIS

Spain shows the highest growth rate, with a CAGR of 3% in Europe's in-vitro diagnostics (IVDs) market. The demand for IVD solutions has increased in the country due to the rising prevalence of chronic diseases associated with the aging population. In addition, awareness of early detection and diagnosis of various diseases, point-of-care IVD solutions, and advancing technologies in healthcare settings are significant factors contributing to market growth.

VENDOR LANDSCAPE

The Europe in-vitro diagnostics (IVDs) market report contains exclusive data on 89 vendors. The competition among market players in the IVD market is significantly high for products, solutions, reagents, consumables, and services in terms of pricing, product, and associated brand image, services, and associated quality, a new product launched and developed, customer services, and financing terms. The leading market players in the Europe IVD market are Abbott Laboratories, bioMerieux, Danaher, Hoffmann-La Roche, Bio-Rad Laboratories, Siemens Healthineers, Thermo Fisher Scientific, and Diasorin, which are competing with rapidly emerging market players. Vendors in the market are increasing their market share through inorganic growth.

REPORT HIGHLIGHTS

SEGMENTATION & FORECAST
  • Products & Services
  • Reagents and Consumables
  • Instruments/Analyzers & Software
  • Services
  • Technology
  • Immuno and Clinical Chemistry
  • Molecular Diagnostics
  • Hematology
  • Microbiology and Cytology
  • Others
  • Application
  • Infectious Diseases
  • Diabetes
  • Cardiology
  • Oncology
  • Autoimmune Diseases
  • Nephrology
  • Drug Testing
  • Others
  • End-Users
  • Standard Reference labs
  • Hospital Affiliated Labs
  • Individuals
  • Clinics
  • Others
  • Region
  • Germany
  • France
  • Russia
  • Spain
  • Italy
  • U.K.
VENDORS LIST

Key Vendors
  • Abbott Laboratories
  • bioMerieux
  • Danaher
  • Hoffmann-LaRoche
  • Bio-Rad Laboratories
  • Siemens Healthineers
  • Thermo Fisher Scientific
  • Diasorin
Other Prominent Vendors
  • Qiagen
  • Quest Diagnostics
  • Atomo Diagnostics
  • Sysmex Corp
  • Myriad Genetics
  • Arkray Inc
  • Agilent Technologies
  • BD
  • Illumina
  • Mindray
  • Revvity
  • Grifols
  • Hologic
  • Amoy Diagnostics
  • Altona Diagnostics
  • Sentinel Diagnostics
  • Epigenomics
  • Seegene
  • Medtronic
  • Exact Sciences
  • Ascensia Diabetes Care
  • Werfen
  • EKF Diagnostics
  • Alpha Laboratories
  • QuidelOrtho
  • Accelerate Diagnostics
  • Tosoh
  • Menarini Diagnostics
  • Horiba
  • LifeScan
  • AccuBiotech
  • Agappe Diagnostics
  • AgaMatrix
  • B&E Biotechnology
  • bioLytical Laboratories
  • Bag Diagnostics
  • Biocept
  • Biosynex
  • Biocartis
  • Biomerica
  • Boule Diagnostics
  • Balio Diagnostics
  • Cupid
  • Caredx
  • Contec Medical Systems
  • Chembio Diagnostics
  • CellaVision
  • Dialab
  • Dexcom
  • Diagon
  • Diatron
  • Dirui
  • Drucker Diagnostics
  • EDAN Instruments
  • ELITechGroup
  • Trinity Biotech
  • Erba Diagnostics
  • Genrui Biotech
  • BTNX
  • Linear Chemicals
  • INTEC
  • J. Mitra & Co.
  • Maccura Biotechnology
  • Medsource ozone Biomedicals
  • Trividia Health
  • Meril Life Sciences
  • MP Biomedicals
  • NIHON KOHDEN
  • Norma
  • NOWDiagnostics
  • Trivitron Healthcare
  • OPKO Health
  • OraSure Technologies
  • Perkin Elmer
  • Prestige Diagnostics
  • Sekisui Diagnostics
  • SFRI
  • Shenzhen Dymind Biotechnology
  • Shenzhen Landwind Medical
  • Sinocare
  • Spinreact

Table of Contents

125 Pages
CHAPTER – 1: In-Vitro Diagnostics Market Overview
Executive Summary
Key Findings
CHAPTER – 2: In-Vitro Diagnostics Market
Europe: Projected Revenue of In-Vitro Diagnostics Market (2020-2029; $Billions)
CHAPTER – 3: In-Vitro Diagnostics Market Segmentation Data
Europe: Projected Revenue by Products & Services (2020-2029; $Billions)
Reagents and Consumables
Instruments/Analyzers & Software
Services
Europe: Projected Revenue by Technology (2020-2029; $Billions)
Immuno and Clinical Chemistry
Molecular Diagnostics
Hematology
Microbiology and Cytology
Others
Europe: Projected Revenue by Application (2020-2029; $Billions)
Infectious Diseases
Diabetes
Cardiology
Oncology
Autoimmune Diseases
Nephrology
Drug Testing
Others
Europe: Projected Revenue by End-Users (2020-2029; $Billions)
Standard Reference Labs
Hospital Affiliated Labs
Individuals
Clinics
Others
CHAPTER – 4: Key Countries Overview
Projected Revenue of In-Vitro Diagnostics Market in Germany
Projected Revenue of In-Vitro Diagnostics Market in France
Projected Revenue of In-Vitro Diagnostics Market in Russia
Projected Revenue of In-Vitro Diagnostics Market in Spain
Projected Revenue of In-Vitro Diagnostics Market in Italy
Projected Revenue of In-Vitro Diagnostics Market in the UK
CHAPTER – 5: In-Vitro Diagnostics Market Prospects & Opportunities
In-Vitro Diagnostics Market Opportunities & Trends
In-Vitro Diagnostics Market Drivers
In-Vitro Diagnostics Constraints
CHAPTER – 6: In-Vitro Diagnostics Industry Overview
In-Vitro Diagnostics Market - Competitive Landscape
In-Vitro Diagnostics Market – Key Vendor Profiles
In-Vitro Diagnostics Market - Other Prominent Vendors
In-Vitro Diagnostics Market - Key Strategic Recommendations
CHAPTER – 7: Appendix
Research Methodology
Abbreviations
About Arizton
LIST OF EXHIBITS
Exhibit 1: Projected Revenue of In-vitro Diagnostics in Europe (2020-2029; $ Bn)
Exhibit 2: Market Size & Forecast – Reagents and Consumables (2020-2029; $ Bn)
Exhibit 3: Market Size & Forecast – Instruments/Analyzers & Software (2020-2029; $ Bn)
Exhibit 4: Market Size & Forecast – Services (2020-2029; $ Bn)
Exhibit 5: Market Size & Forecast – Immuno and Clinical Chemistry (2020-2029; $ Bn)
Exhibit 6: Market Size & Forecast – Molecular Diagnostics (2020-2029; $ Bn)
Exhibit 7: Market Size & Forecast – Hematology (2020-2029; $ Bn)
Exhibit 8: Market Size & Forecast – Microbiology and Cytology (2020-2029; $ Bn)
Exhibit 9: Market Size & Forecast – Other (2020-2029; $ Bn)
Exhibit 10: Market Size & Forecast – Infectious Diseases (2020-2029; $ Bn)
Exhibit 11: Market Size & Forecast – Diabetes (2020-2029; $ Bn)
Exhibit 12: Market Size & Forecast – Cardiology (2020-2029; $ Bn)
Exhibit 13: Market Size & Forecast – Oncology (2020-2029; $ Bn)
Exhibit 14: Market Size & Forecast – Autoimmune Diseases (2020-2029; $ Bn)
Exhibit 15: Market Size & Forecast – Nephrology (2020-2029; $ Bn)
Exhibit 16: Market Size & Forecast – Drug Testing (2020-2029; $ Bn)
Exhibit 17: Market Size & Forecast – Others (2020-2029; $ Bn)
Exhibit 18: Market Size & Forecast – Standard Reference Labs (2020-2029; $ Bn)
Exhibit 19: Market Size & Forecast – Hospital-Affiliated Labs (2020-2029; $ Bn)
Exhibit 20: Market Size & Forecast – Individuals (2020-2029; $ Bn)
Exhibit 21: Market Size & Forecast – Clinics (2020-2029; $ Bn)
Exhibit 22: Market Size & Forecast – Others (2020-2029; $ Bn)
Exhibit 23: Market Size & Forecast – Germany (2020-2029; $ Bn)
Exhibit 24: Market Size & Forecast – France (2020-2029; $ Bn)
Exhibit 25: Market Size & Forecast – Russia (2020-2029; $ Bn)
Exhibit 26: Market Size & Forecast – Spain (2020-2029; $ Bn)
Exhibit 27: Market Size & Forecast – Italy (2020-2029; $ Bn)
Exhibit 28: Market Size & Forecast – UK (2020-2029; $ Bn)
LIST OF TABLES
Table 1: Key Market Trends in In-vitro Diagnostics Market
Table 2: Key Market Enablers in In-vitro Diagnostics Market
Table 3: Key Market Constraints in In-vitro Diagnostics Market
Table 4: Strategic Recommendations in In-vitro Diagnostics Market

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us