In Vitro Diagnostics Market worth $157,632.5 million by 2030
The report "In Vitro Diagnostics Market by Product & Service (Kits, Instruments), Technology (Immunoassay, Hematology, Glucose Monitoring), Specimen (Blood), Site of Testing, Application (Endocrinology, Cardiology, Infectious Diseases) & Region- Global Forecast to 2030",global in vitro diagnostics market is valued at an estimated USD 109,065.5 million in 2025. The size is projected to reach USD 157,632.5 million by 2030, at a CAGR of 7.6%.
Browse 882 market data Tables and 67 Figures spread through 739 Pages and in-depth TOC on "In Vitro Diagnostics Market by Product & Service (Kits, Instruments), Technology (Immunoassay, Hematology, Glucose Monitoring), Specimen (Blood), Site of Testing, Application (Endocrinology, Cardiology, Infectious Diseases) & Region- Global Forecast to 2030"
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The market for in vitro diagnostics is fueled by people becoming increasingly aware of the need to detect diseases early. Thus, the demand for routine screenings and diagnostic tests is rising. Governments are also spending on healthcare and introducing screening programs to increase the accessibility of diagnostic tests. The drive toward personalized medicine is also adding to the demand for high-specialty tests designed to suit each individual patient. This change is fueling the application of sophisticated diagnostic equipment, particularly genetic and molecular testing. Continued developments in genetic testing, next-generation sequencing, and automation are enhancing diagnostic tests to be more precise, quicker, and simpler.
By product & service, the reagents & kits segment to grow at the fastest rate in the In vitro diagnostics market across the forecast period.
Based on product, the in vitro diagnostics market is segmented into reagents & kits, instruments, and data management software and services. In 2024, the reagents & kits segment accounted for the highest growth rate in the in vitro diagnostics market. This is due to an increasing need for quick and accurate diagnostic tests. Laboratories and hospitals are more dependent upon reagents and kits that provide reliable results. These products are increasingly becoming better, more sensitive, and more accurate, and they are less demanding to operate with innovations. The emergence of personalized medicine is serving as a critical driver by triggering demand for niche diagnostic kits specific to identifying unique genes or conditions found in individual patients. Moreover, introducing more stringent regulatory systems and quality standards ensures that only quality products are available in the market, promoting confidence among end-users and further fueling their adoption.
By specimen, the blood, serum, and plasma specimens held the largest share in the in vitro diagnostics market in 2024.
The in vitro diagnostics market is divided into four segments based on specimen type: blood, serum, and plasma specimens, saliva specimens, urine specimens, and other specimens. In 2024, the blood, serum, and plasma specimens segment accounted for the largest market share of the in vitro diagnostics market. Blood tests are one of the most common ways to check for a wide range of health problems—from diabetes and infections to cancer, heart issues, and autoimmune diseases. Serum and plasma, which come from blood, give clear and dependable results, especially for liver function, hormone levels, and detecting infections. Blood-based specimens such as whole blood, serum, and plasma are still the preferred matrices for routine and complex diagnostics due to the compatibility of modern test platforms such as immunoassays, genetic testing, and molecular diagnostics with these specimens. Their ease of integration into existing diagnostic routines continues to support their prevalent use in the clinical environment.
North America dominated the global in vitro diagnostics market in 2024.
The in vitro diagnostics market is segmented into six major regional segments, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and GCC Countries. North America accounted for the largest market share in the in vitro diagnostics market in 2024. This is due to emerging diagnostic technologies—such as high-throughput systems, lab-on-a-chip equipment, and digital health integration—driving the IVD market forward. The North American healthcare system is moving towards more tailored treatment protocols based on complex tests to identify precise genetic, protein, or metabolic markers. In the US, according to the US Centers for Medicare & Medicaid Services, over 2023–32, average (National Healthcare Expenditure) NHE growth (5.6%) is projected to outpace that of average GDP growth (4.3%), resulting in an increase in the health spending share of GDP from 17.3% in 2022 to 19.7% in 2032. Major diagnostic players such as Abbott (US), Thermo Fisher Scientific Inc. (US), and BD (US) are also at the core driving force. Their strong research pipelines, extensive distribution networks, and partnerships with hospitals and universities provide new tests and tools.
Key Players
Some of the prominent players operating in the market include Danaher (US), F. Hoffmann-La Roche Ltd (Switzerland), Abbott (US), Siemens Healthineers AG (Germany), Thermo Fisher Scientific Inc. (US), Illumina, Inc. (US), Hologic, Inc. (US), Bio-Rad Laboratories, Inc. (US), bioMérieux (France), Sysmex Corporation (Japan), Revvity (US), Becton, Dickinson and Company (US), Agilent Technologies, Inc. (US), Qiagen (Netherlands), DiaSorin S.p.A. (Italy), Grifols, S.A. (Spain), Werfen (Spain), and QuidelOrtho Corporation (US), among others.
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