Global In Vitro Diagnosis (IVD) Market Growth (Status and Outlook) 2025-2031

According to this study, the global In Vitro Diagnosis (IVD) market size will reach US$ million by 2031.

In Vitro Diagnosis (IVD), is also known as In Vitro Diagnostic. It refers to outside the human body, through the human body sample (blood, body fluids, tissues, etc.) to obtain clinical diagnostic information, and then determine the disease or body function of products and services.In vitro diagnostic products are mainly composed of diagnostic equipment (instruments) and diagnostic reagents.

The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.

LPI (LP Information)' newest research report, the “In Vitro Diagnosis (IVD) Industry Forecast” looks at past sales and reviews total world In Vitro Diagnosis (IVD) sales in 2024, providing a comprehensive analysis by region and market sector of projected In Vitro Diagnosis (IVD) sales for 2025 through 2031. With In Vitro Diagnosis (IVD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world In Vitro Diagnosis (IVD) industry.

This Insight Report provides a comprehensive analysis of the global In Vitro Diagnosis (IVD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on In Vitro Diagnosis (IVD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global In Vitro Diagnosis (IVD) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for In Vitro Diagnosis (IVD) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global In Vitro Diagnosis (IVD).

This report presents a comprehensive overview, market shares, and growth opportunities of In Vitro Diagnosis (IVD) market by product type, application, key players and key regions and countries.

Segmentation by Type:
by Product Type
by Diagnostic Method

Segmentation by Application:
Physical Examination
Chronic Disease Management
Heavy Disease Surveillance

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Roche
Abbott
Danaher
Siemens
Thermo Fisher Scientific
Sysmex
Biomerieux
Ortho Clinical Diagnostics
Becton Dickinson
Bio-Rad Laboratories
Hologic
Johnson and Johnson
Qiagen
Myriad Genetics
Wondfo
KHB
DAAN Gene
Leadman Biochemistry
Mindray
BioSino
Diasorin
Illumina
Industrial Scientific
Wantai Biological
RONGSHENG BIOTECH
Fosun Group
Hybribio Biotech
Kingmed Diagnostics
Edan Instruments
COMING Medical

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