Press release
Over $87 Billion, In Vitro Diagnostic Market - 2024, leading players are Roche Diagnostics, Danaher, Abbott, Siemens Healthcare, Thermo Fisher Scientific Inc., Sysmex, bioMérieux S.A., Becton, Dickinson, Bio-Rad Laboratories, DiaSorin, Qiagen N.V., Agile
According to this latest publication from Meticulous Research®, the global In Vitro Diagnostics / IVD market is expected to grow at a CAGR of 5.7% from 2018 to 2024 to reach $87.21 billion. The growth of this market will be driven by factors such as rising geriatric population and subsequent growth in the prevalence of chronic and infectious diseases, increasing adoption of fully automated instruments by diagnostic laboratories, and growing popularity of personalized medicine.Browse in depth research: https://www.meticulousresearch.com/product/ivd-market/
On the basis of product type, reagents and kits commanded the largest share in the global In Vitro Diagnostics/IVD market. They are also expected to witness a rapid growth during the forecast period mainly due to incessant product launches, number of on-going research activities, and growing prevalence of various acute as well as chronic infectious diseases.
On the basis of technique, immunoassays commanded the largest share mainly due to their greater adoption attributed to advantages such as inherent specificity, high throughput, high sensitivity, low cost, and rising demand for immunoassay-based tests.
Based on application, infectious disease segment commanded the largest share with large volume of IVD tests performed for infectious diseases, high incidence of various infectious diseases, and incessant technological advancements in the tests used for the detection of such diseases.
On the basis of end user, hospital laboratories commanded the largest share primarily due to high volume of diagnostic tests being performed in the hospitals and high incidence of hospital-acquired infections.
Geographically, Asia-Pacific will be the fastest growing regional market due to improving healthcare infrastructure; growing accessibility to healthcare services; increasing incidence of infectious and non-communicable diseases with aging population; growing income levels and insurance penetration; and rising number of hospitals and clinics. However, North America commanded the largest share of the global IVD market, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Major players operating in the global IVD market are Roche Diagnostics, Danaher Corporation, Abbott Laboratories, Siemens Healthcare, Thermo Fisher Scientific Inc., Sysmex Corporation, bioMérieux S.A., Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., DiaSorin S.p.A., Qiagen N.V., and Agilent Technologies, Inc., among others
Sample Report Available Here: https://www.meticulousresearch.com/request-sample-report/?cp_id=4858
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Contact us :
Khushal
Email: khushal@meticulousresearch.com
Contact: +1-646-781-8004
Office No-202, 2nd Floor, Pushpak Business Hub, Wakad, Pune-411057
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Over $87 Billion, In Vitro Diagnostic Market - 2024, leading players are Roche Diagnostics, Danaher, Abbott, Siemens Healthcare, Thermo Fisher Scientific Inc., Sysmex, bioMérieux S.A., Becton, Dickinson, Bio-Rad Laboratories, DiaSorin, Qiagen N.V., Agile here
News-ID: 1576712 • Views: …
More Releases from Meticulous Research
Protein Bar Market Growth Trends, Consumer Preferences, and Future Opportunities …
The Evolution of the Protein Bar Market: From Sports Nutrition to Everyday Wellness
The global protein bar market has transformed dramatically over the last decade, evolving from a niche sports nutrition category into a mainstream health and wellness segment. Valued at USD 5.86 billion in 2025, the market is projected to reach USD 12.84 billion by 2036, reflecting strong consumer demand for convenient, protein-rich snack options. As lifestyles become increasingly busy…
TPU Market Size to Reach $5.3 Billion by 2032 | Industry Growth Report
Introduction
The thermoplastic polyurethane (TPU) market is on a steady growth trajectory, projected to reach $5.3 billion by 2032, expanding at a CAGR of 7.3% during the forecast period. In terms of volume, consumption is expected to hit 1,519 kilotons by 2032. This growth is largely influenced by increasing applications across industries such as automotive, footwear, and industrial manufacturing. At the same time, the shift toward environmentally sustainable materials is creating…
Global Active Speaker Market - Competitive Scenario & Key Insights (2025-2035)
Global Active Speaker Market Overview
The global active speaker market is experiencing steady expansion, supported by rapid technological advancements and changing consumer preferences. The market was valued at USD 12.8 billion in 2024 and is projected to grow from USD 13.8 billion in 2025 to USD 29.1 billion by 2035, reflecting a CAGR of 7.6% during the forecast period. This growth is largely driven by the increasing demand for wireless and…
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth.
Download free…
More Releases for IVD
Transformative Trends Impacting the Cancer In Vitro Diagnostics (IVD) Market Lan …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Cancer In Vitro Diagnostics (IVD) Market Size By 2025?
The market size for cancer in vitro diagnostics (IVD) has seen significant growth in the past few years. The market value, which is expected to be $13.36 billion in 2024, is projected to increase to $14.32…
In Vitro Diagnostics (IVD) Market
With the watchful use of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis, this market report has been structured. While preparing this In Vitro Diagnostics (IVD) Market research report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.
Every possible effort has been taken while researching and analysing…
Companion Animal IVD Market - Guiding the Path to Optimal Health: Empowering Vet …
Newark, New Castle, USA - new report, titled Companion Animal IVD Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Companion Animal IVD market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Companion Animal IVD market. The report offers an overview of…
IVD Market 2021 | Detailed Report
The IVD market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The IVD report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The IVD research report also provides insights of different regions that are contributing market growth.…
Liquid Biopsy IVD Market 2021 | Detailed Report
According to Market Study Report, Liquid Biopsy IVD Market provides a comprehensive analysis of the Liquid Biopsy IVD Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC, Tables and Figures) of Liquid Biopsy IVD Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4623688
The report provides a…
Asia IVD Market
According to a new report published by Allied Market Research, the Asia Pacific In-vitro diagnostics market was valued at $12.9 billion in 2015, and is expected to reach $19.0 billion registering a CAGR of 5.6% during 2016 to 2022. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.
Download Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/1256
The Asia-Pacific IVD market is…
