Press release
IVD Contract Manufacturing Services Market Hits New High | Major Giants Jabil, Flex, Invetech, Meridian Bioscience, Sysmex
HTF MI just released the Global IVD Contract Manufacturing Services Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.Major Giants in IVD Contract Manufacturing Services Market are:
Jabil Inc., Flex Ltd., Invetech, Thermo Fisher Scientific, Bio-Rad Laboratories, Meridian Bioscience, Phillips-Medisize, Nova Biomedical, Abbott Laboratories, West Pharmaceutical Services, Savyon Diagnostics, CCL Industries, SEKISUI Diagnostics, Tecan Group, Eurofins Scientific, Sysmex Corporation, Greiner Bio-One, Precision Medical Products, SeraCare Life Sciences, Randox Laboratories
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HTF Market Intelligence projects that the global IVD Contract Manufacturing Services market will expand at a CAGR of 8.5% from 2025 to 2032, from USD 10.5 Billion in 2025 to USD 20.9 Billion by 2032.
Our Report Covers the Following Important Topics:
By Type:
Reagent Manufacturing, Instrument Manufacturing, Assembly Services, Packaging Services, Quality Control Services
By Application:
Clinical Diagnostics, Point-of-Care Testing, Molecular Diagnostics, Immunoassays, Hematology
The IVD contract manufacturing services market involves third-party companies producing diagnostic instruments, reagents, and consumables for in-vitro diagnostic companies. This outsourcing model allows IVD firms to focus on innovation while leveraging the manufacturing expertise of contract partners. Growth is driven by the increasing prevalence of chronic and infectious diseases, advancements in testing technologies, and rising demand for rapid and personalized diagnostics. The market benefits from automation, robotics, and enhanced quality control measures that improve production efficiency. However, it faces challenges from stringent regulatory standards and supply chain dependencies. With expanding diagnostic use in home healthcare and developing regions, the sector is poised for steady growth, offering opportunities for specialized services and strategic partnerships.
Dominating Region:
North America
Fastest-Growing Region:
Asia-Pacific
Market Trends:
• Rising demand for personalized diagnostics is shaping manufacturing service offerings. Automation and robotics adoption is improving production efficiency and scalability. Strategic collaborations between IVD companies and contract manufacturers are expanding capabilities.
Market Drivers:
• Increasing outsourcing by IVD companies to reduce operational costs and focus on R&D is a primary growth driver. Growing prevalence of chronic and infectious diseases is fueling demand for diagnostic tests. Technological advancements in manufacturing processes are enabling faster and more cost-effective production.
Market Challenges:
• Stringent regulatory requirements can slow down manufacturing timelines. Dependence on third-party suppliers poses supply chain risks. Price pressures from competition can reduce profit margins for manufacturers.
Market Opportunities:
• Expanding diagnostic testing in emerging markets creates significant new business opportunities. Development of novel rapid tests opens avenues for specialized manufacturing services. Growing home-based testing trends increase demand for portable diagnostic devices.
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of IVD Contract Manufacturing Services market segments by Types: Reagent Manufacturing, Instrument Manufacturing, Assembly Services, Packaging Services, Quality Control Services
Detailed analysis of IVD Contract Manufacturing Services market segments by Applications: Clinical Diagnostics, Point-of-Care Testing, Molecular Diagnostics, Immunoassays, Hematology
Global IVD Contract Manufacturing Services Market -Regional Analysis
• North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia, and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc.) & Rest
• Oceania: Australia & New Zealand
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IVD Contract Manufacturing Services Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
Five forces analysis-the threat of new entrants, the threat of substitutes, the threat of competition, and the bargaining power of suppliers and buyers-are carried out to better understand market circumstances.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global IVD Contract Manufacturing Services Market:
Chapter 01 - IVD Contract Manufacturing Services Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global IVD Contract Manufacturing Services Market - Pricing Analysis
Chapter 05 - Global IVD Contract Manufacturing Services Market Background or History
Chapter 06 - Global IVD Contract Manufacturing Services Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide IVD Contract Manufacturing Services Market
Chapter 08 - Global IVD Contract Manufacturing Services Market Structure & worth Analysis
Chapter 09 - Global IVD Contract Manufacturing Services Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - IVD Contract Manufacturing Services Market Research Method IVD Contract Manufacturing Services
Thank you for reading this post. You may also obtain report versions by area, such as North America, LATAM, Europe, Japan, Australia, or Southeast Asia, or by chapter.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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