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In Vitro Diagnostics Market Size, Share, Trends, 2025 Growth and Forecast 2034

12-05-2024 10:41 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

In Vitro Diagnostics Market

In Vitro Diagnostics Market

In 2024, the in vitro diagnostics market was estimated to be worth USD 80.02 billion. With a compound annual growth rate (CAGR) of 6.7% from 2025 to 2034, the market is expected to increase from USD 85.21 billion in 2025 to USD 152.62 billion.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
Tests that identify illnesses, infections, and other conditions outside of the body, usually in a laboratory setting, are known as in vitro diagnostics, or IVDs. "In vitro" is derived from the Latin phrase "in glass." In contrast to IVDs, in vivo diagnostics include imaging tests like positron emission tomography, magnetic resonance imaging, and ultrasound scanning that are carried out directly on a patient. IVDs may consist of instruments, reagents, or other systems. They are employed in the diagnosis, treatment, and monitoring of medical conditions. Pregnancy tests, COVID-19 tests, HIV tests, and cancer diagnostics are a few types of IVD products.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/in-vitro-diagnostics-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฆ๐จ๐ญ๐จ๐ซ๐ฌ:
โ€ข The need for early and accurate disease detection is driving the strong growth of the IVD market.
โ€ข One major factor propelling the in vitro diagnostics market is the growing aging population, particularly in developed countries.
โ€ข Point-of-care testing's incorporation into clinical practice promotes innovation. It increases diagnostic capabilities, propelling market expansion as global healthcare systems adopt these advanced tools more frequently in order to satisfy the rising demand for quicker and more accurate diagnostics.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:
The in vitro diagnostics market will continue to grow as a result of major market players making significant investments in R&D to broaden their product lines. Some of the major participants in the market are:
โ€ข Abbott
โ€ข Agilent Technologies, Inc.
โ€ข Becton, Dickinson and Company
โ€ข bioMรฉrieux SA
โ€ข Bio-Rad Laboratories, Inc.
โ€ข Charles River Laboratories
โ€ข Danaher Corporation
โ€ข F. Hoffmann-La Roche Ltd.
โ€ข Qiagen

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/in-vitro-diagnostics-market/request-for-discount-pricing

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โ€ข North America
โ€ข Europe
โ€ข Asia Pacific
โ€ข Latin America
โ€ข Middle East & Africa

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
โ€ข The market is primarily segmented based on product and service outlook, technology, specimen, application, end user, and region.
โ€ข Immunoassays, clinical chemistry, molecular diagnostics, hematology, microbiology, coagulation & hemostasis, urinalysis, chromatography & mass spectrometry, and other technologies are included in the technology segment of the IVD market.
โ€ข Due to its widespread use and preference over alternative diagnostic techniques, the immunoassays segment held the largest share of the market.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/in-vitro-diagnostics-market/inquire-before-buying

๐ˆ๐ง ๐•๐ข๐ญ๐ซ๐จ ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โ€ข The immunoassays segment leads the IVD market due to its high adoption, reliability, and accuracy, with methods like ELISA and lateral flow assays offering rapid, efficient results with minimal sample preparation.
โ€ข The infectious diseases segment dominates the IVD market due to the increasing global prevalence of diseases such as HIV, hepatitis, and multi-drug-resistant pathogens, driving demand for advanced diagnostic tools.
โ€ข North America dominated the in vitro diagnostics market and continued its dominance over the forecast period due to high chronic disease incidence, a strong market presence, and innovation in diagnostic testing.
โ€ข The global key market players include Abbott; Agilent Technologies, Inc.; Becton; Dickinson and Company; bioMรฉrieux SA; Bio-Rad Laboratories, Inc.; Charles River Laboratories; Danaher Corporation; F. Hoffmann-La Roche Ltd.; and others

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
Idiopathic Pulmonary Fibrosis Treatment Market
https://www.polarismarketresearch.com/industry-analysis/idiopathic-pulmonary-fibrosis-treatment-market

Diagnostic Services Market
https://www.polarismarketresearch.com/industry-analysis/diagnostic-services-market

Natamycin Market
https://www.polarismarketresearch.com/industry-analysis/natamycin-market

Orthopedic Devices Market
https://www.polarismarketresearch.com/industry-analysis/orthopedic-devices-market

Multiphoton Microscopy Market
https://www.polarismarketresearch.com/industry-analysis/multiphoton-microscopy-market

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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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