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“2019 Future Of Global In Vitro Diagnostics (IVD) Market Outlook to 2025- Growth Opportunities,
Competition And Outlook of In Vitro Diagnostics (IVD) Across Product, Applications, End-User Industry
And Regions” is part of the series of our 300+ Health Care market analysis reports. It offers an in-
depth analysis of the In Vitro Diagnostics (IVD) market at global, regional and country level across
types and applications. Major Macro, Micro Trends, Developments and Factors Shaping the Future
are analyzed. Competition, company profiles and developments of leading players are offered.
GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
By Test Type
By Product Type
Immunoassays
Reagants
Clinical
Chemistry
Softwares Molecular
Diagnostics
Microbiology
Services
Anatomic
Pathology
Haemotology
Coagulation
Critical Care
Urinalysis
Others
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
Diabetics
Hospitals
Infectious
Diseases
Clinics
Oncology
Cardiology
Point of Care
Nephrology
Educational
Autoimmune Instutuions
Diseases
HIV/Aids
Women
Health
Others
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
BY GEOGRAPHY
Rest of Asia
Russia
Pacific
Rest of
Europe
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
2. EXECUTIVE SUMMARY
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
Source: OGAnalysis
Healthcare industry has witnessed a significant growth over the past decade with the development of
the IVD market. IVD continues to remain the dominant market in the global medical devices market
accounting for 13% of the total medical devices market in 2018. Although there are various
opportunities for the growth of the market, regulatory challenges, reimbursement pressure, challenges
in health care budgets, and advancement of low cost providers are some of the limitations for the
market growth. Regulatory bodies are now focusing on having evidence based approval process for
high end diagnostics through patient treatment.
Companies in the IVD industry are focusing on developing Companion Diagnostics and Molecular
Diagnostics products, as this market are having the high potential for growth.
In 2018, IVD segment has witnessed the highest number of M&A deals in the medical devices market.
More than half of the deals in the IVD segment are in the Molecular Diagnostics market. Companies
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
are focusing on increasing their existing product portfolio and in strengthening their product pipelines.
IVD manufactures are highly focused on acquiring early stage Molecular Diagnostics companies
focusing on novel technologies. With limited differentiation in the product offerings, companies with
greater economies of scale will have higher competitive advantage over pricing.
The IVD market remains attractive for low cost providers especially in the emerging market such as
Asia-Pacific and South American countries. Growing regulatory challenges in United States and
European regions will be restricting the entry of the low-cost manufactures into these markets.
Companies with high cash are entering the market through strategic partnerships and acquisitions.
Entry of new companies and acquisitions of companies focusing on novel technologies are leading to
innovations across geographies.
Significant rise in health expenditure, availability of medical coverage, aging population and willing
to pay among the consumers are the key trends that are accelerating growth of IVD market across
APAC region. Increase in GDP rate and per capita income is fuelling the investments for the growth of
healthcare infrastructure and increased healthcare access. Emerging of latest technologies and launch
of innovative products by the key players across Asia Pacific region is incurring the growth
opportunities.
Increased health awareness among the customers and government support to awareness among the
customers regarding home healthcare diagnostics such as blood pressure monitoring and others are
attributing for the market growth. Presence of weak healthcare infrastructure offered by
governments and public organizations are contributing for the growth of home healthcare solutions.
Emerging markets across APAC region consists of large populations are attributed for a lot of
opportunities to help the ageing population for achieving the better quality of life and healthy
ageing.
Germany
Increase in prevalence of chronic and infectious diseases coupled with rise in geriatric population in
Germany is boosting the growth of IVD market. Furthermore, growth in trend toward personalized
medicine and technological advancement include metabolic and protein analysis in the IVD devices
has increased the IVD market growth in this region.
Additionally, advert point of care diagnosis is projected to drive the market growth. Ongoing R&D
activities related to IVD are anticipated to present new opportunities for the market and also
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
increase in awareness of preventive healthcare measures provides huge growth potential for IVD
market.
The clinical diagnostics have become essential part of healthcare, as the technologies advance.
Widening of technological developments to enhance the efficiency of IVD, increase outsourcing of
laboratories in Germany region drive the market growth.
In addition, the shift to new sensor-based technologies for the measurement of glucose continues in
Germany.
Rise in disposable income and awareness of preventive diagnosis & treatment among the population
is expected to increase the market growth over the upcoming years.
First, the restrictive legal framework that forces medical doctors to prescribe generic, low-priced test
strips to not overstep their respective budget remains in place.
Stringent government regulations are anticipated to impede the growth of IVD market. Widening of
R&D activities to IVD is expected to present new opportunities for the growth of IVD market.
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
3. STRATEGIC ANALYSIS REVIEW
3.1. Por ter’s Five Forces Analysis
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4. GLOBAL OUTLOOK AND GROWTH OPPORTUNITIES
4.1. Key Product Type of In Vitro Diagnostics (IVD) Market, 2017- 2025
Table 1: Global In Vitro Diagnostics (IVD)Market Value by Product Type, $ Million, 2017-2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Instruments XX XX XX XX XX XX XX XX XX XX%
Reagents XX XX XX XX XX XX XX XX XX XX%
Software XX XX XX XX XX XX XX XX XX XX%
Services XX XX XX XX XX XX XX XX XX XX%
Total XX XX XX XX XX XX XX XX XX XX%
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.1.1. Instruments
35
30
25
20
15
10
0
2017 2018 2019 2020 2021 2022 2023 2024 2025
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.1.2. Reagents
35
30
25
20
15
10
0
2017 2018 2019 2020 2021 2022 2023 2024 2025
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.2. Key Test Types of In Vitro Diagnostics (IVD) Market, 2017- 2025
Table 2: Global In Vitro Diagnostics (IVD) Market Value by Test Type, $Million, 2017-2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Immunoassays Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Blood Glucose Monitoring Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Clinical Chemistry Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Molecular Diagnostics Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Microbiology Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Anatomic Pathology Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Haematology Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Coagulation Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Critical Care Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Urinalysis Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Others Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Total Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.2.1. Immunoassays
35
30
25
20
15
10
0
2017 2018 2019 2020 2021 2022 2023 2024 2025
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.3. Key Applications of In Vitro Diagnostics (IVD) Market, 2017- 2025
Table 3: Global In Vitro Diagnostics (IVD) Market Value by Application, $Million, 2017-2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Diabetics Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Infectious Diseases Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Oncology Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Cardiology Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Nephrology Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Autoimmune Diseases Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Drug Testing Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
HIV/Aids Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Women Health Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Others Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Total Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.3.1. Diabetics
Figure 5: Global Diabetics In Vitro Diagnostics (IVD)Market Value Outlook, $Million, 2017-2025
35
30
25
20
15
10
0
2017 2018 2019 2020 2021 2022 2023 2024 2025
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.4. Key End User Industry of In Vitro Diagnostics (IVD) Market, 2017-
2025
Table 4: Global In Vitro Diagnostics (IVD) Market Value by End User Industry, $Million, 2017-
2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Hospitals Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Clinics Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Point of Care Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Educational Institutions Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Others Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Total Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.4.1. Hospitals
Figure 6: Global Hospitals In Vitro Diagnostics (IVD)Market Value Outlook, $Million, 2017-2025
35
30
25
20
15
10
0
2017 2018 2019 2020 2021 2022 2023 2024 2025
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
4.5. In Vitro Diagnostics (IVD) Market Analysis by Geography, 2017-
2025
Table 5: Global In Vitro Diagnostics (IVD)Market Value by Region, $Million, 2017-2025
CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025
(%)
North America Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Europe Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Asia-Pacific Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Middle East Africa Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
South Central America Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Total Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
Figure 7: Global In Vitro Diagnostics (IVD) Market Growth By Regions, 2018-2025 (Sample
Data)
SAMPLE ILLUSTRATION
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
5. NORTH AMERICA OUTLOOK AND GROWTH OPPORTUNITIES
5.1. Introduction
Table 6: North America In Vitro Diagnostics (IVD)- Market Snapshot, 2018
Parameter Value
Market Value- $ Million 21,781.8
Market Growth (2019- 2025)- % 4.95
Share in Global Value- % Xx
Leading Country United States
Largest Product Type Reagents
Leading Test Type Immunoassays
Prominent Application Infectious Diseases
Largest End User Industry Hospitals
Source: OGAnalysis
North America is the Xx largest market for the In Vitro Diagnostics (IVD) with US leading the market.
North America is poised at CAGR of 4.95% during the forecast period 2019 to 2025 with the initial
market value of $ 22,954.9 million in 2019 that is expected to project a final market value of $
30,670.3 million by 2025.
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
5.2. Nor th America In Vitro Diagnostics (IVD) Market Outlook by Product
Type, 2017- 2025
Table 7: North America In Vitro Diagnostics (IVD) Market Value by Product Type, $ Million,
2017-2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Instruments 4,576.0 XX XX XX XX XX XX XX XX 4.14%
Reagents 13,789.9 XX XX XX XX XX XX XX XX 4.55%
Software 794.3 XX XX XX XX XX XX XX XX 10.61%
Services 1,471.0 XX XX XX XX XX XX XX XX 7.30%
Total XX XX XX XX XX XX XX XX XX 4.95%
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
5.3. Nor th America In Vitro Diagnostics (IVD) Market Outlook by Test
Type, 2017- 2025
Table 8: North America In Vitro Diagnostics (IVD) Market Value by Test Type, $Million, 2017-
2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Immunoassays 6,289.9 Xx Xx Xx Xx Xx Xx Xx Xx 5.86%
Blood Glucose Monitoring 2,280.0 Xx Xx Xx Xx Xx Xx Xx Xx 3.04%
Clinical Chemistry 3,619.6 Xx Xx Xx Xx Xx Xx Xx Xx 3.23%
Molecular Diagnostics 2,557.2 Xx Xx Xx Xx Xx Xx Xx Xx 6.57%
Microbiology 1,213.5 Xx Xx Xx Xx Xx Xx Xx Xx 5.57%
Anatomic Pathology 1,102.0 Xx Xx Xx Xx Xx Xx Xx Xx 3.42%
Haematology 1,222.4 Xx Xx Xx Xx Xx Xx Xx Xx 4.61%
Coagulation 790.9 Xx Xx Xx Xx Xx Xx Xx Xx 5.77%
Critical Care 520.5 Xx Xx Xx Xx Xx Xx Xx Xx 6.61%
Urinalysis 338.9 Xx Xx Xx Xx Xx Xx Xx Xx 4.10%
Others 696.3 Xx Xx Xx Xx Xx Xx Xx Xx 3.91%
Total Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
5.4. Nor th America In Vitro Diagnostics (IVD) Market Outlook by
Application, 2017- 2025
Table 9: North America In Vitro Diagnostics (IVD) Market Value by Application, $Million, 2017-
2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Diabetics 2,125.0 5.28%
Infectious Diseases 5,570.4 3.80%
Oncology 2,888.4 6.63%
Cardiology 3,919.9 5.36%
Nephrology 618.9 5.24%
Autoimmune Diseases 2,269.4 5.42%
Drug Testing 701.5 4.43%
HIV/Aids 330.1 5.16%
Women Health 577.7 5.86%
Others 1,629.9 3.07%
Total 20,631.1 Xx
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
5.5. Nor th America In Vitro Diagnostics (IVD) Market Outlook by End
User Industry, 2017- 2025
Table 10: North America In Vitro Diagnostics (IVD) Market Value by End User Industry, $Million,
2017-2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (%)
Hospitals Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Clinics Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Point of Care Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Educational Institutions Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Others Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Total Xx Xx Xx Xx Xx Xx Xx Xx Xx Xx
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
5.5.1. United States
.Figure 8: United States: In Vitro Diagnostics (IVD)Market Value, $Million, 2017-2025
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
Roche Diagnostics
Danaher Corporation
Siemens AG
Sysmex Corporation
Biomerieux SA
Exact Sciences
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
Roche Diagnostics
Table 11: Roche Diagnostics - Key Snapshot
Parameter Value
Company Legal Name
Establishment/Incorporation (in Year)
Company is Based and Registered in
Phone No.
Fax No.
Website
Operating Regions
Business Lines
Chairman of the Board
Corporate/ Registered Address
Source: OGAnalysis
Business Overview:
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
Key products:
Financial Analysis
Key Indicators:
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
Key Ratios:
Source: OGAnalysis
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
RECENT DEVELOPMENTS
Agreements, Par tnerships, Collaborations and Joint Ventures
February -XX
Xx
November-2018
Xx
Aug-XX
Xx
April-Xx
Xx
July -XX
Xx
September-XX
Xx
June-XX
Xx
April-2018
Xx
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
New Product Launch
November -2018
Xx
August-2018
Xx
June-XX
Xx
May-XX
Xx
October -XX
Xx
September-XX
Xx
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GLOBAL IN VITRO DIAGNOSTICS (IVD) MARKET TO 2025
APPENDIX
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