Global In-Vitro Diagnostics

Global In-Vitro Diagnostics Market Research Report: Forecast (2021-2026)

By Products and Services (Reagents & Kits, Instruments, Data Management Software & services), By Application (Infectious Diseases, Cancer/Oncology, Cardiology, Nephrology, Diabetes, Autoimmune Disease Read more

  • Healthcare
  • Apr 2021
  • 189
  • HC22057

Market Overview

In-Vitro Diagnostics are tests executed on individual's blood or tissue samples to diagnose & monitor their health accurately.

According to the MarkNtel Advisors' research report, "Global In-Vitro Diagnostics Market Analysis, 2021," the market is likely to grow at a CAGR of around 4.8% during 2021-26 due to the increasing prevalence of chronic diseases, burgeoning demand for automation in laboratories, and surging adoption of fully automated instruments. Further, the rising development of condition-specific treatment and booming awareness regarding personalized medicines is fueling the growth of the In-Vitro Diagnostics market.

 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 4.8%
Regions Covered North America: USA, Canada
Europe: Germany, The UK, France, Spain, Italy
Asia-Pacific: China, India, Japan, South Korea, Australia 
South America: Brazil, Mexico and Argentina
Middle East & Africa: Saudi Arabia, South Africa, Rest of the Middle East & Africa
Key Companies Profiled BioMerieux SA, Abbott Laboratories, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Siemens Healthineers AG, Qiagen, Quidel Corporation, F. Hoffmann-La Roche AG, Sysmex Corporation, Danaher Corporation
Unit Denominations USD Million/Billion

 

Impact of COVID-19

The outbreak of the COVID-19 pandemic has affected most industries due to nationwide lockdown and halt in production & manufacturing activities. Initially, the In-vitro diagnostic market faced challenges due to disruption in the supply chain and varying demand for the product. However, the widespread pandemic has also pushed the In-vitro diagnostic market into action by generating new opportunities to develop rapid COVID-19 testing kits, thereby propelling the market growth in the forecast period.

Market Segmentation  

Reagents and Kits Accounted for the Largest Market Share

Based on product and services, the Reagents and Kits segment has acquired the largest share in the Global In-Vitro Diagnostics market in the previous few years due to the rising demand for point-of-care products and self-testing kits. Additionally, burgeoning demand for rapid & accurate devices and the surging number of R&D activities to make sensitive devices further drive the In-vitro Diagnostics market growth, states MarkNtel Advisors in their research report, "Global In-Vitro Diagnostics Market Analysis, 2021."

Infectious Disease Dominated the Market

Based on Application, the Infectious disease segment accounted for the largest share in the Global In-Vitro Diagnostics market in 2019 owing to the rising prevalence of infectious diseases such as SARS-CoV-2, HIV, tuberculosis, and pneumonia. Furthermore, the expansion of 'infectious disease detection' assays by the market players for in-vitro diagnostics is likely to create lucrative opportunities for market growth.

Global In-Vitro Diagnostics Market Research Report: Forecast (2021-2026)

Regional Landscape

North-America Acquired the highest Market Share

On a regional basis, North America held the largest share in the Global In-Vitro Diagnostics market in the previous few years and is likely to continue its dominance during the forecasted period due to the rising incidence of diseases and mounting consumer awareness regarding the availability of diagnostic devices. Besides this, the presence of many local market players and increasing focus on R&D activities would drive the growth of the Global In-Vitro Diagnostics market.

Market Driver

Rising Geriatric Population Leads to Subsequent Market Growth

With the surging geriatric population, the occurrence of diseases associated with the age factor also increases. People above the age of 60 are more susceptible to diseases like diabetes, one of the most common diseases among the elderly populace that requires constant monitoring. Thus, the growing geriatric population is significantly increasing the demand for in-vitro diagnostics, thereby driving the market growth.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the global In-Vitro Diagnostics market are BioMerieux SA, Abbott Laboratories, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Siemens Healthineers AG, Qiagen, Quidel Corporation, F. Hoffmann-La Roche AG, Sysmex Corporation, Danaher Corporation, etc.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global In-Vitro Diagnostics Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global In-Vitro Diagnostics Market? 
  4. Who are the key competitors, their key strengths and weaknesses, and how do they perform in Global In-Vitro Diagnostics Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global In-Vitro Diagnostics Market study?  

Market Outlook, Segmentation and Statistics 

  • Impact of COVID-19 on Global In-Vitro Diagnostics Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Product and Services
      • Reagents & Kits
      • Instruments
      • Data Management Software and Services
    • By Application
      • Infectious Diseases
      • Cancer/Oncology
      • Cardiology
      • Nephrology
      • Diabetes
      • Autoimmune Diseases
      • Drug Testing
      • HIV
    • By Technique
      • Immunoassay
      • Haematology
      • Clinical Chemistry
      • Molecular Diagnostics
      • Tissue Diagnostics
      • Microbiology
      • Coagulation and Haemostasis
      • Urinalysis
    • By End-User
      • Diagnostic Laboratory
      • Hospital and Clinics
      • Academic and Medical Schools
      • Point of Care Testing
    • By Region
      • North America
      • Latin America
      • Europe
      • Middle East & Africa
      • Asia-Pacific
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Metrix
  • Global In-Vitro Diagnostics Market Hotspots & Opportunities
  • Global In-Vitro Diagnostics Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

A. The historical data has been provided since 2016, while the base year is 2020, and the data forecast is up to 2026.

A. The measuring units of market size/industry size or the market value are USD Million.

A. The Global In-Vitro Diagnostics Market is forecast to grow at a CAGR of 4.8% during 2021-26.

A. BioMerieux SA, Abbott Laboratories, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Siemens Healthineers AG, Qiagen, Quidel Corporation, F. Hoffmann-La Roche AG, Sysmex Corporation, Danaher Corporation are few of the leading players in the Global In-Vitro Diagnostics Market.

A. Reagents & Kits are likely to attain the highest CAGR during the forecast period and maintain their significant market share.

A. North America continues to grow at the highest CAGR, thereby offering immense opportunities for market leaders of the Global In-Vitro Diagnostics market.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global In-Vitro Diagnostics Market
  5. Global In-Vitro Diagnostics Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  6. Global In-Vitro Diagnostics Market Policies and Product Standards
  7. Global In-Vitro Diagnostics Market Trends & Insights
  8. Global In-Vitro Diagnostics Market Hotspot & Opportunities
  9. Global In-Vitro Diagnostics Market Key Strategic Imperatives for Success & Growth
  10. Global In-Vitro Diagnostics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Product and Services
        1. Reagents & Kits
        2. Instruments
        3. Data Management Software & Services
      2. By Application
        1. Infectious Diseases
        2. Cancer/Oncology
        3. Cardiology
        4. Nephrology
        5. Diabetes
        6. Autoimmune Diseases
        7. Drug Testing
        8. HIV
      3. By Technique
        1. Immunoassay
        2. Hematology
        3. Clinical Chemistry
        4. Molecular Diagnostics
        5. Tissue Diagnostics
        6. Microbiology
        7. Coagulation and Hemostasis
        8. Urinalysis
      4. By End-User
        1. Diagnostic Laboratory
        2. Hospital and Clinics
        3. Academic and Medical Schools
        4. Point of Care Testing
      5. By Region
        1. North America
        2. Latin America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      6. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  11. North America In-Vitro Diagnostics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Product and Services
      2. By Application
      3. By Technique
      4. By End-User
      5. By Country
        1. The US
        2. Canada
    3. The US In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    4. Canada In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
  12. Latin America In-Vitro Diagnostics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Product and Services
      2. By Application
      3. By Technique
      4. By End-User
      5. By Country
        1. Brazil
        2. Mexico
        3. Argentina
    3. Brazil In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    4. Mexico In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    5. Argentina In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
  13. Europe In-Vitro Diagnostics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Product and Services
      2. By Application
      3. By Technique
      4. By End-User
      5. By Country
        1. The UK
        2. Italy
        3. Germany
        4. France
        5. Spain
        6. Russia
    3. The UK In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    4. Italy In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    5. Germany In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    6. France In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    7. Spain In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    8. Russia In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
  14. Middle East & Africa In-Vitro Diagnostics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Product and Services
      2. By Application
      3. By Technique
      4. By End-User
      5. By Country
        1. Saudi Arabia
        2. South Africa
        3. Rest of the Middle East & Africa
    3. Saudi Arabia In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    4. South Africa In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
  15. Asia-Pacific In-Vitro Diagnostics Market Outlook, 2016-2026F
    1. Market Size & Analysis
    2. Revenues
    3. Market Share & Analysis
      1. By Product and Services
      2. By Application
      3. By Technique
      4. By End-User
      5. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Australia
        6. Others
    4. China In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    5. Japan In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    6. India In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    7. South Korea In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
    8. Australia In-Vitro Diagnostics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Product and Services
        2. By Application
        3. By Technique
        4. By End-User
  16. Competition Outlook
    1. Competition Matrix
      1. Product/ Solution Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. bioMerieux SA
      2. Abbott Laboratories
      3. Bio-Rad Laboratories, Inc.
      4. Becton, Dickinson and Company
      5. Siemens Healthineers AG
      6. Qiagen
      7. Quidel Corporation
      8. F. Hoffmann-La Roche AG
      9. Sysmex Corporation
      10. Danaher Corporation
  17. Disclaimer
Global In-Vitro Diagnostics Market Segmentation