IN Vitro Diagnostics (IVD) Market By Product Type (Reagents, Instruments, Software & Services), by Techniques (Immunodiagnostics, Blood Testing, Molecular Diagnostics, Tissue Diagnostics, Clinical Chemistry, Clinical Chemistry, Other IVD Techniques), by Application (Infectious Diseases, Cancer, Cardiac Diseases, Immune System Disorders, Nephrological Diseases, Gastrointestinal Diseases, Other Indications), Industry Trends, Estimation & Forecast, 2017 - 2025

January 2019

 ERC 9172


IN Vitro Diagnostics (IVD) Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.

A technique in which medical devices and reagents are used to examine specimens such as blood, urine, stool, tissues and other body fluids, directly derived from the human body to identify diseases, conditions and infections is called as In Vitro Diagnostics (IDV). The tests can be conducted in laboratories, hospital based laboratories and even point of care. Some major technologies which are amalgamated in vitro diagnostics include polymerase chain reaction, microarray techniques, sequencing technology and mass spectrometry, which are used for test sample preparation. Continuous innovations in IVD product design and technology have encouraged doctors and researchers to shift their focus from traditional diagnostic methods to personalized medicines.

Market Dynamics

Factors such as constantly increasing cases of chronic and infectious diseases, immunological disorders, and continuously rising geriatric population are driving the global IVD market growth. Moreover, emergence of minimal invasive technologies, increasing government initiatives and advancements in the IVD technology are pushing the market growth. However, stringent government regulations and lack of proper reimbursement policies in the developing countries are the major restraints to the IVD market growth. On the other hand, the emerging improvisations in the diagnostic technologies can act as a future opportunity to the market.

Market Segmentation

The global In Vitro Diagnostics market is segmented on the basis of product type, techniques, application, end user and geography. On the basis of product type, the market is segmented as reagents, instruments and software & services. On the basis of techniques, the market is segmented into immunodiagnostics, blood testing, molecular diagnostics, tissue diagnostics, clinical chemistry and others. On the basis of application the market is segmented as infectious diseases, cancer, cardiac diseases, immune system disorders and others. By end user, the market is segmented as standalone laboratory, hospitals, academic and medical schools and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific and Rest of World.

Some major market players are Affymetrix Inc., Alere Inc, Biomerieux, Danaher Corporation, Roche Diagnostics, Becton Dickinson and Company, Bio-Rad Laboratories, Inc., Abbott Laboratories, Bayer AG., Arkray, Inc., Sysmex Corporation and Johnson & Johnson Pvt Ltd.

IN Vitro Diagnostics (IVD) Market Segmentation

By Product Type
   • Reagents
   • Instruments
   • Software & Services

By Techniques    

• Immunodiagnostics
             o Enzyme-Linked Immunosorbent Assay
                      o Chemiluminescence Immunoassay
                      o Fluorescence Immunoassay
                      o Colorimetric Immunoassay

             o Colorimetric Immunoassay
             o Rapid Tests
             o Enzyme-Linked ImmunoSpot
             o Radioimmunoassay
             o Western blot

   • Blood Testing
   • Molecular Diagnostics
             o Polymerize Chain Reaction
             o Isothermal Nucleic Acid Technology
             o Hybridization
             o DNA diagnostics
             o Microarray
             o Others
   • Tissue Diagnostics
   • Clinical Chemistry
             o Basic metabolic panel
             o Liver panel
             o Lipid profile
             o Thyroid function panel
             o Electrolyte panel
             o Speciality chemicals
   • Other IVD Techniques

By Application

   • Infectious Diseases
   • Cancer
   • Cardiac Diseases
   • Immune System Disorders
   • Nephrological Diseases
   • Gastrointestinal Diseases
   • Other Indications

By End Users

   • Standalone Laboratory
   • Hospitals
   • Academic & Medical Schools
   • Point of Care
   • Others

By Geography

   • North America
             o Canada
             o U.S
             o Mexico
   • Europe
             o Germany
             o France
             o U.K.
             o Others
   • Asia-Pacific
             o India
             o China
             o Japan
             o Australia
             o Others
   • LAMEA
             o Latin America
             o Middle East
             o Africa

 IN Vitro Diagnostics (IVD) Market Players

   • Affymetrix, Inc.
   • Alere Inc.
   • Biomerieux
   • Danaher Corporation
   • Roche Diagnostic
   • Becton Dickinson and Company
   • Bio-Rad Laboratories, Inc.
   • Abbott Laboratories
   • Bayer AG.
   • Arkray, Inc.
   • Sysmex Corporation
   • Johnson & Johnson Pvt Ltd.

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    What Information does this report contain?

    • What was the market size of the IN VITRO Diagnostics Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the IN VITRO Diagnostics Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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