US In Vitro Diagnostics Market by Product & Service (Kits, Instruments), Technology (Immunoassay, Hematology, Glucose Monitoring), Specimen (Blood), Site of Testing, Application (Endocrinology, Cardiology, Infectious Diseases) - Forecast to 2031

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USD 57.18 BN
MARKET SIZE,2031
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CAGR 7.3%
(2025-2031)
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200
REPORT PAGES
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91
MARKET TABLES

OVERVIEW

US In Vitro Diagnostics Market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The US In Vitro Diagnostics market, valued at US$37.43 billion in 2025, stood at US$40.15 billion in 2026 and is projected to advance at a resilient CAGR of 7.3% from 2025 to 2031, culminating in a forecasted valuation of US$57.18 billion by the end of the period. This growth is primarily driven by the rising prevalence of chronic and infectious diseases, the increasing demand for early and accurate diagnostic testing, the widespread adoption of advanced molecular diagnostic technologies, the growth in point-of-care testing, and continuous innovations in diagnostic instruments and assays. Additionally, the aging population, the expansion of laboratory infrastructure, and regulatory support are further accelerating market expansion.

KEY TAKEAWAYS

  • By Product & Service
    By product & service, the reagents & kits segment is expected to register the highest CAGR of 7.9% during the forecast period.
  • By Technology
    By technology, the immunoassays segment accounted for the largest share of 33.5% in 2025.
  • By Specimen
    By specimen, the blood, serum, and plasma specimens segment is expected to dominate the market, growing at the highest CAGR of 7.9%.
  • By Site of Testing
    By site of testing, the point-of-care testing segment is projected to grow at the highest rate from 2026 to 2031.
  • By Application
    By application, the infectious diseases segment is expected to dominate the market in 2025.
  • By End User
    By end user, the clinical laboratories segment is expected to register the highest CAGR during the forecast period.
  • Competitive Landscape
    Danaher Corporation, F. Hoffmann-La Roche Ltd., and Abbott Laboratories were identified as the star players in the US IVD market, supported by their strong market presence and extensive product portfolios.
  • Competitive Landscape
    Devyser (Sweden) and Boster Biological Technology (US) have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas.

in vitro diagnostics market in US is experiencing steady expansion, driven by the increasing need for accurate, rapid, and high-throughput diagnostic testing to support early disease detection, personalized medicine, and effective patient management. Growing test volumes across hospitals & clinics, clinical laboratories, and point-of-care settings, together with rising adoption of molecular diagnostics and automated platforms, are strengthening market demand. Ongoing collaborations between diagnostic companies and healthcare providers, along with continuous investments in assay development and laboratory automation, are further reshaping the competitive landscape and supporting long-term market growth.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The US in vitro diagnostics market is expected to witness steady growth, supported by the rising burden of infectious diseases and the increasing need for accurate and timely diagnostic testing. Point-of-care molecular diagnostics represents an under-penetrated opportunity for several OEMs, creating scope for future expansion. Continuous innovation is driving the development of advanced diagnostic applications. Technologies such as next-generation sequencing (NGS) enable multi-gene testing, improve tumor profiling, and support personalized treatment selection. These advancements facilitate the detection of actionable mutations and rare genetic alterations, enhancing clinical decision-making. The ongoing shift toward molecular and genomic diagnostics is expected to reshape revenue distribution across the US IVD market over the next few years.

US In Vitro Diagnostics Market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Increasing geriatric population and subsequent rise in chronic diseases
  • Emergence of rapid PoC technologies and rising adoption of automated analyzers
RESTRAINTS
Impact
Level
  • Stringent regulatory requirements
  • High cost of diagnostic equipment
OPPORTUNITIES
Impact
Level
  • Introduction of disease-specific biomarkers and tests
  • Increasing significance of companion diagnostics
CHALLENGES
Impact
Level
  • Operational barriers
  • Data privacy and cybersecurity risks

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Increasing geriatric population and subsequent rise in chronic diseases

The expanding geriatric population in the US is significantly contributing to increased demand for in vitro diagnostic testing, as older adults have a higher prevalence of chronic conditions such as diabetes, cardiovascular diseases, cancer, and respiratory disorders. This trend is driving higher testing volumes for routine screening, disease monitoring, and early detection, thereby supporting sustained growth across hospitals & clinics, clinical laboratories, and other healthcare settings.

Restraint: High cost of diagnostic equipment

The high capital investment required for advanced diagnostic platforms, including molecular analyzers, automation systems, and high-throughput instruments, remains a major barrier to adoption, particularly for small and mid-sized laboratories. Additional expenses related to maintenance, consumables, quality compliance, and skilled workforce further increase the overall cost burden, limiting timely technology upgrades and broader market penetration.

Opportunity: Introduction of disease-specific biomarkers and tests

The increasing availability of disease-specific biomarkers and companion diagnostics presents strong growth opportunities within the US IVD market. These advancements enhance early and accurate detection, support personalized treatment decisions, and improve disease stratification, especially in high-burden areas such as oncology, cardiology, and neurodegenerative disorders, thereby driving demand for advanced immunoassay, molecular, and other testing solutions.

Challenge: Operational barriers

Operational challenges, including complex regulatory approval processes, reimbursement variability, laboratory staffing shortages, and workflow integration issues, continue to impact market efficiency. Additionally, the need for continuous system validation, compliance documentation, and IT integration adds operational complexity, which can delay the implementation and scaling of advanced diagnostic technologies across healthcare facilities.

US In Vitro Diagnostics Market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Utilizes GeneXpert systems for fast, cartridge-based molecular testing in decentralized and point-of-care environments. Delivers rapid results with minimal hands-on time, provides an extensive infectious disease test menu, offers high analytical sensitivity, and supports testing in low-resource or near-patient settings.
Employs cobas 4800 and cobas 5800/6800/8800 molecular platforms for high-throughput viral load testing in centralized clinical laboratories. Ensures high analytical accuracy, automated large-volume workflows, reduced turnaround times, and regulatory-compliant performance for large-scale infectious disease testing.
Deploys Alinity m analyzers for automated molecular detection of HIV, HBV, and HCV in medium- to high-throughput diagnostic laboratories. Enables faster sample-to-result processing, minimizes manual intervention, delivers consistent assay performance, and improves overall laboratory workflow efficiency.
Applies the Atellica CI Analyzer for integrated clinical chemistry and immunoassay testing in hospital laboratory settings. Improves operational efficiency, shortens turnaround times, streamlines sample handling, and offers flexible scalability to support medium-throughput laboratories.
Utilizes Applied Biosystem’s real-time PCR systems and integrated molecular diagnostic workflows for infectious disease testing. Provides high analytical sensitivity, streamlined sample-to-result workflows, reliable test performance, and scalable throughput to support routine and large-volume diagnostic testing.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The ecosystem market map of the US in vitro diagnostics market comprises the elements present in this market and defines these elements by demonstrating the bodies involved. It includes products & services used in the field, technologies employed, specimens, testing sites, application areas, and end users. Manufacturers of diagnostic products include organizations involved in research, product development, optimization, and commercialization. Distributors comprise third-party channels and e-commerce platforms associated with organizations for the marketing and distribution of IVD products. Research and product development include in-house research facilities, contract research organizations, and contract development & manufacturing organizations that provide outsourced development and manufacturing services to manufacturers. End users adopt IVD products and services across various stages of diagnosis, and these end customers represent key stakeholders in the supply chain of the US IVD market.

US In Vitro Diagnostics Market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

US In Vitro Diagnostics Market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

US In Vitro Diagnostics Market, By Product & Service

In 2025, the reagents & kits segment represented the largest share of the US IVD market and is expected to maintain its leading position during the forecast period. This is primarily attributed to their continuous consumption across routine and specialized diagnostic workflows, including molecular diagnostics, immunoassays, and clinical chemistry. Increasing test volumes, growing laboratory automation, and expanded disease screening programs continue to drive consistent demand across hospitals and centralized laboratories.

US In Vitro Diagnostics Market, By Technology

The immunoassays segment retains a dominant role in the US IVD market due to its broad clinical applicability in infectious disease testing, endocrinology, oncology, and chronic disease management. High analytical sensitivity, rapid turnaround times, and seamless integration with automated high-throughput platforms have made immunoassays essential tools in clinical diagnostics.

US In Vitro Diagnostics Market, By Specimen

Blood, serum, and plasma specimens remained the most commonly utilized specimen types in the US IVD market in 2025, owing to their versatility and compatibility with a wide range of diagnostic modalities, including molecular diagnostics, immunoassays, and clinical chemistry testing. These specimen types are integral to the detection of infectious diseases, metabolic conditions, and oncology biomarkers.

US In Vitro Diagnostics Market, By Site of Testing

In 2025, the laboratory testing segment dominated the US IVD market, supported by mature laboratory infrastructure, advanced analytical capabilities, and strong demand for both routine and complex diagnostic services. Centralized laboratories continue to depend on automated analyzers, high-throughput systems, and integrated workflow solutions to ensure consistent accuracy and fast turnaround times. Growing test complexity, the rising burden of chronic diseases, and the need for standardized clinical decision support further reinforce the dominance of centralized laboratory testing.

US In Vitro Diagnostics Market, By Application

The infectious diseases segment dominated the US IVD market in 2025, driven by sustained global efforts for large-scale screening, diagnosis, and monitoring of viral and bacterial infections. High testing volumes for HIV, HBV, HCV, tuberculosis, and respiratory pathogens, combined with periodic outbreaks of emerging diseases, have accelerated the adoption of molecular diagnostics and immunoassays.

US In Vitro Diagnostics Market, By End User

Hospitals & clinics dominated the end-user segment of the US IVD market in 2025 due to high patient flows, comprehensive testing needs, and integration of advanced diagnostic platforms within routine clinical operations. These facilities rely heavily on molecular and immunoassay analyzers and rapid testing systems to support emergency care, inpatient diagnostics, and chronic disease management. Increasing automation and a focus on improving testing efficiency further strengthen the dominant position of hospitals & clinics within the US IVD market.

US In Vitro Diagnostics Market: COMPANY EVALUATION MATRIX

Danaher Corporation (US) (Star) is a leading player in the US in vitro diagnostics market, supported by its broad and integrated portfolio across clinical chemistry, immunoassays, molecular diagnostics, microbiology, and hematology platforms. Its extensive manufacturing, service, and distribution network across the US enables efficient system deployment, dependable technical support, and consistent reagent supply, strengthening its strong presence and sustained leadership in the market.

US In Vitro Diagnostics Market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2025 (Value) USD 37.43 Billion
Market Forecast in 2031 (Value) USD 57.18 Billion
Growth Rate CAGR of 7.3% from 2026–2031
Years Considered 2024–2031
Base Year 2024
Forecast Period 2026–2031
Units Considered Value (USD Million)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • By Product:
    • Reagents & Kits
    • Instruments
    • Data Management Software & Services
  • By Technology:
    • Immunoassays
    • Clinical Chemistry
    • Molecular Diagnostics
    • Glucose Monitoring
    • Hematology
    • Microbiology
    • Coagulation & Hemostasis
    • Blood Gas Analyzers
    • Urinalysis
    • Chromatography & Mass Spectrometry
  • By Specimen:
    • Blood
    • Serum
    • and Plasma Specimens
    • Saliva Specimens
    • Urine Specimens
    • Other Specimens
  • By Site of Testing:
    • Laboratory Tests
    • Point-of-care Tests
  • By Application:
    • Infectious Diseases
    • Oncology
    • Endocrinology
    • Cardiology
    • Blood Screening
    • Genetic Testing
    • Autoimmune Diseases
    • Allergy Diagnostics
    • Drug Monitoring & Testing
    • Bone & Mineral Disorders
    • Coagulation Testing
    • Blood Group Typing
    • Other Applications
  • By End User:
    • Hospitals & Clinics
    • Clinical Laboratories
    • Blood Banks
    • Home Care Settings
    • Pharmaceutical & Biotechnology Companies
    • Academic Institutes
    • Other End Users.

WHAT IS IN IT FOR YOU: US In Vitro Diagnostics Market REPORT CONTENT GUIDE

US In Vitro Diagnostics Market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Product Analysis Product matrix, which provides a detailed comparison of the product portfolio of each company in the US in vitro diagnostics market Enables easy comparison of competitors’ offerings, helping identify gaps, overlaps, and opportunities for differentiation.
Company Information Additional five company profiles of players operating in the US in vitro diagnostics market Provides insights into competitors’ strategies, innovation focus, and partnerships, supporting strategic planning.
Geographic Analysis Additional country-level analysis of the US in vitro diagnostics market Guides market entry, localization, and targeted launch strategies by highlighting regional demand and opportunities.

RECENT DEVELOPMENTS

  • August 2025 : Thermo Fisher Scientific Inc.(US) opened a new, innovative Manufacturing Center of Excellence in Mebane, NC. The 375,000-square-foot, carbon-neutral facility is capable of producing a minimum of 40 million laboratory pipette tips each week.
  • March 2025 : Danaher (US) received 510(k) clearance for the DxC 500i Clinical Analyzer, an integrated clinical chemistry and immunoassay system.
  • February 2025 : Hologic, Inc. (US) received CE marking for its Affirm Contrast Biopsy Software, which integrates contrast-enhanced imaging with precise lesion targeting to improve workflow efficiency and expedite biopsy procedures.
  • November 2024 : F. Hoffmann-La Roche Ltd. (Switzerland) entered into a definitive merger agreement to acquire Poseida Therapeutics, Inc. (US), a publicly traded clinical-stage biopharmaceutical company specializing in donor-derived CAR-T cell therapies, thereby strengthening its cell & gene therapy portfolio.

 

Table of Contents

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TITLE
PAGE NO
1
INTRODUCTION
 
 
 
15
2
EXECUTIVE SUMMARY
 
 
 
 
3
PREMIUM INSIGHTS
 
 
 
 
4
MARKET OVERVIEW
Explains the evolving landscape through demand-side drivers, supply-side constraints, and opportunity hotspots.
 
 
 
 
 
4.1
INTRODUCTION
 
 
 
 
4.2
MARKET DYNAMICS
 
 
 
 
 
4.2.1
DRIVERS
 
 
 
 
4.2.2
RESTRAINTS
 
 
 
 
4.2.3
OPPORTUNITIES
 
 
 
 
4.2.4
CHALLENGES
 
 
 
4.3
UNMET NEEDS & WHITE SPACES
 
 
 
 
4.4
INTERCONNECTED MARKETS & CROSS-SECTOR OPPORTUNITIES
 
 
 
 
4.5
STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
 
 
 
5
INDUSTRY TRENDS
Outlines emerging trends, technology impact, and regulatory signals affecting growth trajectory and stakeholder decisions.
 
 
 
 
 
5.1
PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
5.2
MACROECONOMIC INDICATORS
 
 
 
 
 
5.2.1
INTRODUCTION
 
 
 
 
5.2.2
GDP TRENDS & FORECAST
 
 
 
 
5.2.3
TRENDS IN US IMMUNOASSAYS INDUSTRY
 
 
 
 
5.2.4
TRENDS IN US MOLECULAR DIAGNOSTICS INDUSTRY
 
 
 
5.3
SUPPLY CHAIN ANALYSIS
 
 
 
 
 
5.4
VALUE CHAIN ANALYSIS
 
 
 
 
 
5.5
ECOSYSTEM ANALYSIS
 
 
 
 
 
5.6
PRICING ANALYSIS
 
 
 
 
 
 
5.6.1
AVERAGE SELLING PRICE TREND OF IN VITRO DIAGNOSTIC PRODUCTS, BY TYPE, 2024–2026
 
 
 
 
5.6.2
AVERAGE SELLING PRICE TREND OF INSTRUMENTS, BY KEY PLAYER, 2024–2026
 
 
 
 
5.6.3
AVERAGE SELLING PRICE TREND OF REAGENTS & KITS, BY KEY PLAYER, 2024–2026
 
 
 
 
5.6.4
AVERAGE SELLING PRICE TREND OF MOLECULAR DIAGNOSTIC PRODUCTS, BY KEY PLAYER, 2024–2026
 
 
 
5.7
TRADE ANALYSIS
 
 
 
 
 
 
5.7.1
IMPORT SCENARIO
 
 
 
 
5.7.2
EXPORT SCENARIO
 
 
 
5.8
KEY CONFERENCES & EVENTS, 2026–2027
 
 
 
 
5.9
TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
 
 
 
 
5.10
INVESTMENT & FUNDING SCENARIO
 
 
 
 
 
5.11
IMPACT OF 2025 US TARIFFS ON US IN VITRO DIAGNOSTICS MARKET
 
 
 
 
 
 
5.11.1
INTRODUCTION
 
 
 
 
5.11.2
KEY TARIFF RATES
 
 
 
 
5.11.3
PRICE IMPACT ANALYSIS
 
 
 
 
5.11.4
IMPACT ON END USERS
 
 
6
TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS
 
 
 
 
 
6.1
KEY EMERGING TECHNOLOGIES
 
 
 
 
6.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
6.3
TECHNOLOGY/PRODUCT ROADMAP
 
 
 
 
6.4
PATENT ANALYSIS
 
 
 
 
 
6.5
FUTURE APPLICATIONS
 
 
 
 
6.6
IMPACT OF AI/GEN AI ON US IN VITRO DIAGNOSTICS MARKET
 
 
 
 
 
 
6.6.1
TOP USE CASES & MARKET POTENTIAL
 
 
 
 
6.6.2
BEST PRACTICES IN US IN VITRO DIAGNOSTICS MARKET
 
 
 
 
6.6.3
CASE STUDIES OF AI IMPLEMENTATION IN US IN VITRO DIAGNOSTICS MARKET
 
 
 
 
6.6.4
INTERCONNECTED ADJACENT ECOSYSTEMS & IMPACT ON MARKET PLAYERS
 
 
 
 
6.6.5
CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN US IN VITRO DIAGNOSTICS MARKET
 
 
 
6.7
SUCCESS STORIES & REAL-WORLD APPLICATIONS
 
 
 
7
SUSTAINABILITY & REGULATORY LANDSCAPE
 
 
 
 
 
7.1
REGIONAL REGULATIONS & COMPLIANCE
 
 
 
 
 
7.1.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
7.1.2
INDUSTRY STANDARDS
 
 
 
7.2
SUSTAINABILITY INITIATIVES
 
 
 
 
 
7.2.1
ENVIRONMENTAL IMPACT AND ECO-FRIENDLY INITIATIVES IN US IN VITRO DIAGNOSTICS MARKET
 
 
 
7.3
SUSTAINABILITY IMPACT & REGULATORY POLICY INITIATIVES
 
 
 
 
7.4
CERTIFICATIONS, LABELING, AND ECO-STANDARDS
 
 
 
8
CUSTOMER LANDSCAPE & BUYER BEHAVIOR
 
 
 
 
 
8.1
DECISION-MAKING PROCESS
 
 
 
 
8.2
BUYER STAKEHOLDERS & BUYING EVALUATION CRITERIA
 
 
 
 
8.3
ADOPTION BARRIERS & INTERNAL CHALLENGES
 
 
 
 
8.4
UNMET NEEDS FROM VARIOUS END-USE INDUSTRIES
 
 
 
 
8.5
MARKET PROFITABILITY
 
 
 
9
US IN VITRO DIAGNOSTICS MARKET, BY PRODUCT & SERVICE (MARKET SIZE & FORECAST TO 2031 – IN VALUE, USD MILLION)
 
 
 
 
 
9.1
INTRODUCTION
 
 
 
 
9.2
REAGENTS & KITS
 
 
 
 
9.3
INSTRUMENTS
 
 
 
 
9.4
DATA MANAGEMENT SOFTWARE & SERVICES
 
 
 
10
US IN VITRO DIAGNOSTICS MARKET, BY TECHNOLOGY (MARKET SIZE & FORECAST TO 2031 – IN VALUE, USD MILLION)
 
 
 
 
 
10.1
INTRODUCTION
 
 
 
 
10.2
IMMUNOASSAYS
 
 
 
 
 
10.2.1
ENZYME-LINKED IMMUNOSORBENT ASSAYS (ELISA)
 
 
 
 
10.2.2
CHEMILUMINESCENCE IMMUNOASSAYS
 
 
 
 
10.2.3
IMMUNOFLOURESCENCE ASSAYS
 
 
 
 
10.2.4
RAPID TESTS
 
 
 
 
10.2.5
ENZYME-LINKED IMMUNOSPOT ASSAYS (ELISPOT)
 
 
 
 
10.2.6
WESTERN BLOTTING
 
 
 
 
10.2.7
OTHER IMMUNOASSAY TECHNOLOGIES
 
 
 
10.3
CLINICAL CHEMISTRY
 
 
 
 
 
10.3.1
BASIC METABOLIC PANELS
 
 
 
 
10.3.2
LIVER PANELS
 
 
 
 
10.3.3
RENAL PROFILES
 
 
 
 
10.3.4
LIPID PROFILES
 
 
 
 
10.3.5
THYROID FUNCTION PROFILES
 
 
 
 
10.3.6
ELECTROLYTE PANELS
 
 
 
 
10.3.7
SPECIALTY CHEMICAL TESTS
 
 
 
10.4
MOLECULAR DIAGNOSTICS
 
 
 
 
 
10.4.1
POLYMERASE CHAIN REACTION
 
 
 
 
10.4.2
ISOTHERMAL NUCLEIC ACID AMPLIFICATION TECHNOLOGY
 
 
 
 
10.4.3
DNA SEQUENCING & NEXT-GENERATION SEQUENCING
 
 
 
 
10.4.4
IN SITU HYBRIDIZATION
 
 
 
 
10.4.5
DNA MICROARRAYS
 
 
 
 
10.4.6
OTHER MOLECULAR DIAGNOSTICS TECHNOLOGIES
 
 
 
10.5
GLUCOSE MONITORING
 
 
 
 
10.6
HEMATOLOGY
 
 
 
 
10.7
MICROBIOLOGY
 
 
 
 
10.8
COAGULATION & HEMOSTASIS
 
 
 
 
10.9
BLOOD GAS ANALYZERS
 
 
 
 
10.10
URINALYSIS
 
 
 
 
10.11
CHROMATOGRAPHY & MASS SPECTROMETRY
 
 
 
11
US IN VITRO DIAGNOSTICS MARKET, BY SPECIMEN (MARKET SIZE & FORECAST TO 2031 – IN VALUE, USD MILLION)
 
 
 
 
 
11.1
INTRODUCTION
 
 
 
 
11.2
BLOOD, SERUM, AND PLASMA SPECIMENS
 
 
 
 
11.3
SALIVA SPECIMENS
 
 
 
 
11.4
URINE SPECIMENS
 
 
 
 
11.5
OTHER SPECIMENS
 
 
 
12
US IN VITRO DIAGNOSTICS MARKET, BY SITE OF TESTING (MARKET SIZE & FORECAST TO 2031 – IN VALUE, USD MILLION)
 
 
 
 
 
12.1
INTRODUCTION
 
 
 
 
12.2
LABORATORY TESTS
 
 
 
 
12.3
POINT-OF-CARE TESTS
 
 
 
13
US IN VITRO DIAGNOSTICS MARKET, BY APPLICATION (MARKET SIZE & FORECAST TO 2031 – IN VALUE, USD MILLION)
 
 
 
 
 
13.1
INTRODUCTION
 
 
 
 
13.2
INFECTIOUS DISEASES
 
 
 
 
13.3
ONCOLOGY
 
 
 
 
13.4
ENDOCRINOLOGY
 
 
 
 
13.5
CARDIOLOGY
 
 
 
 
13.6
BLOOD SCREENING
 
 
 
 
13.7
GENETIC TESTING
 
 
 
 
13.8
AUTOIMMUNE DISEASES
 
 
 
 
13.9
ALLERGY DIAGNOSTICS
 
 
 
 
13.10
DRUG MONITORING & TESTING
 
 
 
 
13.11
BONE & MINERAL DISORDERS
 
 
 
 
13.12
COAGULATION TESTING
 
 
 
 
13.13
BLOOD GROUP TYPING
 
 
 
 
13.14
OTHER APPLICATIONS
 
 
 
14
US IN VITRO DIAGNOSTICS MARKET, BY END USER (MARKET SIZE & FORECAST TO 2031 – IN VALUE, USD MILLION)
 
 
 
 
 
14.1
INTRODUCTION
 
 
 
 
14.2
HOSPITALS & CLINICS
 
 
 
 
14.3
CLINICAL LABORATORIES
 
 
 
 
 
14.3.1
LARGE REFERENCE LABORATORIES
 
 
 
 
14.3.2
SMALL & MEDIUM-SIZED LABORATORIES
 
 
 
14.4
BLOOD BANKS
 
 
 
 
14.5
HOME CARE SETTINGS
 
 
 
 
14.6
PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES
 
 
 
 
14.7
ACADEMIC INSTITUTES
 
 
 
 
14.8
OTHER END USERS
 
 
 
15
COMPETITIVE LANDSCAPE
 
 
 
 
 
15.1
OVERVIEW
 
 
 
 
15.2
KEY PLAYER STRATEGIES/RIGHT TO WIN
 
 
 
 
15.3
REVENUE ANALYSIS
 
 
 
 
 
15.4
US MARKET SHARE ANALYSIS,
 
 
 
 
 
15.5
BRAND COMPARISON
 
 
 
 
 
 
15.5.1
DANAHER CORPORATION (INSTRUMENT)
 
 
 
 
15.5.2
F. HOFFMANN-LA ROCHE LTD. (INSTRUMENT)
 
 
 
 
15.5.3
ABBOTT (INSTRUMENT)
 
 
 
15.6
COMPANY EVALUATION MATRIX: KEY PLAYERS,
 
 
 
 
 
 
15.6.1
STARS
 
 
 
 
15.6.2
EMERGING LEADERS
 
 
 
 
15.6.3
PERVASIVE PLAYERS
 
 
 
 
15.6.4
PARTICIPANTS
 
 
 
 
15.6.5
COMPANY FOOTPRINT: KEY PLAYERS,
 
 
 
 
 
15.6.5.1
COMPANY FOOTPRINT
 
 
 
 
15.6.5.2
PRODUCT & SERVICE FOOTPRINT
 
 
 
 
15.6.5.3
TECHNOLOGY FOOTPRINT
 
 
 
 
15.6.5.4
SPECIMEN FOOTPRINT
 
 
 
 
15.6.5.5
END-USER FOOTPRINT
 
 
15.7
COMPANY EVALUATION MATRIX: STARTUPS/SMES,
 
 
 
 
 
 
15.7.1
PROGRESSIVE COMPANIES
 
 
 
 
15.7.2
RESPONSIVE COMPANIES
 
 
 
 
15.7.3
DYNAMIC COMPANIES
 
 
 
 
15.7.4
STARTING BLOCKS
 
 
 
 
15.7.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES,
 
 
 
 
 
15.7.5.1
DETAILED LIST OF KEY STARTUPS/SMES
 
 
 
 
15.7.5.2
COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
15.8
COMPANY VALUATION & FINANCIAL METRICS
 
 
 
 
15.9
COMPETITIVE SCENARIO
 
 
 
 
 
15.9.1
PRODUCT LAUNCHES
 
 
 
 
15.9.2
DEALS
 
 
 
 
15.9.3
EXPANSIONS
 
 
16
COMPANY PROFILES
 
 
 
 
 
16.1
KEY PLAYERS
 
 
 
 
 
16.1.1
DANAHER CORPORATION (US)
 
 
 
 
16.1.2
F. HOFFMANN-LA ROCHE LTD. (SWITZERLAND)
 
 
 
 
16.1.3
ABBOTT (US)
 
 
 
 
16.1.4
SIEMENS HEALTHINEERS AG (GERMANY)
 
 
 
 
16.1.5
THERMO FISHER SCIENTIFIC INC. (US)
 
 
 
 
16.1.6
ILLUMINA, INC. (US)
 
 
 
 
16.1.7
HOLOGIC, INC. (US)
 
 
 
 
16.1.8
BIO-RAD LABORATORIES, INC. (US)
 
 
 
 
16.1.9
BIOMÉRIEUX (FRANCE)
 
 
 
 
16.1.10
SYSMEX CORPORATION (JAPAN)
 
 
 
 
16.1.11
REVVITY (US)
 
 
 
 
16.1.12
BECTON, DICKINSON AND COMPANY (US)
 
 
 
 
16.1.13
AGILENT TECHNOLOGIES, INC. (US)
 
 
 
 
16.1.14
QIAGEN (GERMANY)
 
 
 
 
16.1.15
DIASORIN S.P.A. (ITALY)
 
 
 
 
16.1.16
GRIFOLS, S.A. (SPAIN)
 
 
 
 
16.1.17
WERFEN (SPAIN)
 
 
 
 
16.1.18
QUIDELORTHO CORPORATION (US)
 
 
 
16.2
OTHER PLAYERS
 
 
 
 
 
16.2.1
DEVYSER (SWEDEN)
 
 
 
 
16.2.2
BIOSYNEX (FRANCE)
 
 
 
 
16.2.3
SURMODICS, INC. (US)
 
 
 
 
16.2.4
MENARINI SILICON BIOSYSTEMS (ITALY)
 
 
 
 
16.2.5
SPEEDX PTY. LTD. (AUSTRALIA)
 
 
 
 
16.2.6
ACCELERATE DIAGNOSTICS, INC. (US)
 
 
 
 
16.2.7
MERCK KGAA (GERMANY)
 
 
 
 
16.2.8
CARIS LIFE SCIENCES (US)
 
 
 
 
16.2.9
EPITOPE DIAGNOSTICS, INC. (US)
 
 
 
 
16.2.10
BOSTER BIOLOGICAL TECHNOLOGY (US)
 
 
 
 
16.2.11
ENZO BIOCHEM, INC. (US)
 
 
 
 
16.2.12
GENETIC SIGNATURES (AUSTRALIA)
 
 
 
 
16.2.13
TRIVITRON HEALTHCARE (INDIA)
 
 
 
 
16.2.14
MDXHEALTH SA (BELGIUM)
 
 
 
 
16.2.15
CREATIVE DIAGNOSTICS (US)
 
 
 
 
16.2.16
INBIOS INTERNATIONAL, INC. (US)
 
 
 
 
16.2.17
MACCURA BIOTECHNOLOGY, CO., LTD. (CHINA)
 
 
 
 
16.2.18
LUYE LIFE SCIENCES GROUP (CHINA)
 
 
 
 
16.2.19
ARKRAY, INC. (JAPAN)
 
 
17
RESEARCH METHODOLOGY
 
 
 
 
 
17.1
RESEARCH DATA
 
 
 
 
 
17.1.1
SECONDARY DATA
 
 
 
 
 
17.1.1.1
KEY DATA FROM SECONDARY SOURCES
 
 
 
17.1.2
PRIMARY DATA
 
 
 
 
 
17.1.2.1
KEY DATA FROM PRIMARY SOURCES
 
 
 
 
17.1.2.2
KEY PRIMARY PARTICIPANTS
 
 
 
 
17.1.2.3
BREAKDOWN OF PRIMARY INTERVIEWS
 
 
 
 
17.1.2.4
KEY INDUSTRY INSIGHTS
 
 
17.2
MARKET SIZE ESTIMATION
 
 
 
 
 
17.2.1
BOTTOM-UP APPROACH
 
 
 
 
17.2.2
TOP-DOWN APPROACH
 
 
 
 
17.2.3
BASE NUMBER CALCULATION
 
 
 
17.3
MARKET FORECAST APPROACH
 
 
 
 
 
17.3.1
SUPPLY SIDE
 
 
 
 
17.3.2
DEMAND SIDE
 
 
 
17.4
DATA TRIANGULATION
 
 
 
 
17.5
FACTOR ANALYSIS
 
 
 
 
17.6
RESEARCH ASSUMPTIONS
 
 
 
 
17.7
RESEARCH LIMITATIONS & RISK ASSESSMENT
 
 
 
18
APPENDIX
 
 
 
 
 
18.1
DISCUSSION GUIDE
 
 
 
 
18.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
18.3
CUSTOMIZATION OPTIONS
 
 
 
 
18.4
RELATED REPORTS
 
 
 
 
18.5
AUTHOR DETAILS
 
 
 

Methodology

This study involved the extensive use of primary and secondary sources. A comprehensive study was conducted using secondary research methods to gather data about the market, its parent market, and its peer markets. The next stage involved conducting primary research to confirm these conclusions and assumptions and sizing with industry experts throughout the value chain. A combination of top-down and bottom-up methods was used to assess the overall market size. The market sizes of segments and subsegments were then estimated using data triangulation techniques and market breakdown.

Secondary Research

The secondary research process involves the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B Hoovers), white papers, annual reports, investor presentations, SEC filings of companies and publications from government sources [such as National Institutes of Health (NIH), US FDA, US Census Bureau, World Health Organization (WHO), International Trade Administration (ITA), American Association for Clinical Chemistry (AACC), American Diabetes Association (ADA), Association for Molecular Pathology (AMP) and Centers for Medicare and Medicaid Services (CMS) were referred to identify and collect information for the global in vitro diagnostics market study. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

Primary Research

In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology & innovation directors, and related key executives from various key companies and organizations in the in vitro diagnostics market. The primary sources from the demand side include hospitals & clinics, clinical laboratories, blood banks, pharmaceutical and biotechnology companies, and academic institutes. Primary research was conducted to validate the market segmentation, identify key players, and gather insights on key industry trends & key market dynamics.

Market Size Estimation

For the global market value, annual revenues were calculated based on the revenue mapping of major product manufacturers and OEMs active in the global in vitro diagnostics market. All the major product manufacturers were identified at the global and/or country/regional level. Revenue mapping for the respective business segments/subsegments was done for the major players. The global in vitro diagnostics market was split into various segments and sub-segments based on:

  • List of major players operating in the products market at the regional and/or country level.
  • Product mapping of various in vitro diagnostics manufacturers at the regional and/or country level.
  • Mapping of annual revenue generated by listed major players from in vitro diagnostics (or the nearest reported business unit/product category).
  • Extrapolation of the revenue mapping of the listed major players to derive the global market value of the respective segments/subsegments.
  • Summation of the market value of all segments/subsegments to arrive at the global in vitro diagnostics market.

The above-mentioned data was consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

Market Size Estimation (Bottom-up Approach & Top-down Approach)

US In Vitro Diagnostics Market

Data Triangulation

After arriving at the overall size of the global in vitro diagnostics market through the above-mentioned methodology, this market was split into several segments and subsegments. Where applicable, the data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact market value data for the key segments and subsegments. Examining several macro variables and regional trends from demand- and supply-side players helped triangulate the extrapolated market data.

Market Definition

IVD tests are non-invasive tests performed to diagnose, monitor, screen, and assess diseases and health conditions. The term "in vitro," which refers to "in glass," signifies that test tubes or petri dishes are typically used in these tests. These tests are performed artificially on biological samples (blood, urine, and tissues). US IVD has a broad scope ranging from sophisticated technologies performed in clinical laboratories to simple and easy-to-use rapid testing kits.

IVD is used to assess a person's health. This technique is used in precision medicine to determine the suitable course of treatment for particular patients and diagnose and prevent diseases and other medical disorders.

Stakeholders

  • Transfection products manufacturing companies
  • Pharmaceutical & Biopharmaceutical Companies
  • Chemical Companies
  • Biopharmaceutical Companies
  • Contract Research Organizations (CROs)
  • Contract Development and Manufacturing Organizations (CDMOs)
  • Research Institutes and Universities 
  • Venture Capitalists & Investors
  • Government Associations

Report Objectives

  • To define, describe, and forecast the US in vitro diagnostics (polyhydroxyalkanoate-(pha)-market) market based on product & service, technology, specimen, site of testing, application, end user, and region.
  • To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, and industry-specific challenges).
  • To assess the in vitro diagnostics market with respect to Porter’s Five Forces, regulatory landscape, the value chain, the supply chain, ecosystem analysis, patent protection, pricing assessment, key stakeholders, and buying criteria.
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.
  • To analyze the opportunities in the US IVD market for stakeholders and provide details of the competitive landscape for market leaders.
  • To forecast the size of the US IVD market in six primary regions (along with countries)—North America, Europe, the Asia Pacific, Latin America, the Middle East & Africa, and the GCC Countries.
  • To profile the key players operating in the US IVD market and comprehensively analyze their core competencies and market shares.
  • To track and analyze competitive developments such as partnerships, agreements, collaborations, acquisitions, expansions, product/technology developments, and product approvals.
  • To benchmark players within the US IVD market using the Company Evaluation Quadrant framework, which analyzes market players on various parameters within categories of business strategies, market share, and product offerings.

 

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Growth opportunities and latent adjacency in US In Vitro Diagnostics Market

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