April 24, 2024

U.S. In Vitro Diagnostics Market Size to Cross USD 41.62 Bn By 2033

The global U.S. in vitro diagnostics market size was estimated to be around US$ 37.17 billion in 2023 and is projected to reach US$ 41.62 billion by 2033, indicating a CAGR of 2% from 2024 to 2033.

Key Takeaways

  • By product, the reagents segment dominated the market with the largest share of 67% in 2023.
  • By test location, the point-of-care segment dominated the market in 2023.
  • By technology, the Immunoassay segment is expected to dominate the market during the forecast period.
  • By application, the infectious diseases segment led the market with the largest share in 2023.
  • By application, the oncology segment is expected witness the fastest rate of growth during the forecast period of 2024-2033.
  • By end user, the hospital segment held the dominating share of the market in 2023.

In Vitro Diagnostics Market Size in U.S. 2023 To 2033

The U.S. In Vitro Diagnostics (IVD) market refers to the industry involved in the production and distribution of medical devices and reagents used for diagnostic testing outside the body in a laboratory setting. These tests are crucial for detecting diseases, monitoring health conditions, and guiding treatment decisions.

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Growth Factors

  • Increasing prevalence of chronic and infectious diseases.
  • The aging population leading to a higher demand for diagnostic tests.
  • Technological advancements lead to more accurate and efficient diagnostic tools.
  • Growing awareness about early disease detection and preventive healthcare.

U.S. In Vitro Diagnostics Market Scope

Report Coverage Details
U.S. Market Size in 2023 USD 37.17 Billion
U.S. Market Size by 2033 USD 41.62 Billion
Growth Rate from 2024 to 2033 CAGR of 2%
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product, By Test Location, By Technology, By Application, and By End User

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U.S. In Vitro Diagnostics Market Dynamics

Drivers:

Key drivers for the market include a surge in the demand for point-of-care testing, continuous innovation in diagnostic technologies, and the emphasis on preventive healthcare. Regulatory support for in vitro diagnostic products and the integration of artificial intelligence in diagnostic procedures also drive market growth.

Opportunities:

Opportunities in the U.S. In Vitro Diagnostics Market include the development of novel diagnostic assays, expansion of testing capabilities, and the integration of digital health technologies. Collaborations between diagnostic companies and healthcare providers to enhance diagnostic infrastructure and accessibility present significant opportunities.

Challenges:

Challenges faced by the market include stringent regulatory requirements, reimbursement issues, and the high cost associated with developing and commercializing advanced diagnostic technologies. Additionally, the competition among market players and the need for standardization pose challenges to the industry.

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

U.S. In Vitro Diagnostics Market Companies

  • Alere, Inc.
  • Beckman Coulter
  • BD
  • Bio-Rad laboratories
  • Danaher
  • Abbott Laboratories
  • Thermo Fisher Scientific Inc.
  • bioMérieux, Inc
  • Quest Diagnostics
  • Illumina, Inc.

Segments Covered in the Report

By Product

  • Reagents
  • Instruments
  • Services

By Test Location

  • Point of Care
  • Home Care
  • Others

By Technology

  • Immunoassay
    • Instruments
    • Reagents
    • Services
  • Hematology
    • Instruments
    • Reagents
    • Services
  • Clinical Chemistry
    • Instruments
    • Reagents
    • Services
  • Molecular Diagnostics
    • Instruments
    • Reagents
    • Services
  • Coagulation
    • Instruments
    • Reagents
    • Services
  • Microbiology
    • Instruments
    • Reagents
    • Services
  • Others
    • Instruments
    • Reagents
    • Services

By Application

  • Diabetes
  • Cardiology
  • Nephrology
  • Infectious Disease
  • Oncology
  • Drug Testing
  • Autoimmune Diseases
  • Others

By End User

  • Standalone Laboratories
  • Hospitals
  • Academic & Medical Schools
  • Point-of-Care
  • Others

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on U.S. In Vitro Diagnostics Market 

5.1. COVID-19 Landscape: U.S. In Vitro Diagnostics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global U.S. In Vitro Diagnostics Market, By Product

8.1. U.S. In Vitro Diagnostics Market Revenue and Volume, by Product, 2023-2032

8.1.1. Reagents

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Instruments

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Services

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global U.S. In Vitro Diagnostics Market, By Test Location

9.1. U.S. In Vitro Diagnostics Market Revenue and Volume, by Test Location, 2023-2032

9.1.1. Point of Care

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Home Care

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Others

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global U.S. In Vitro Diagnostics Market, By Technology 

10.1. U.S. In Vitro Diagnostics Market Revenue and Volume, by Technology, 2023-2032

10.1.1. Immunoassay

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Hematology

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Clinical Chemistry

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Molecular Diagnostics

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Coagulation

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. Microbiology

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

10.1.7. Others

10.1.7.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global U.S. In Vitro Diagnostics Market, By Application

11.1. U.S. In Vitro Diagnostics Market Revenue and Volume, by Application, 2023-2032

11.1.1. Diabetes

11.1.1.1. Market Revenue and Volume Forecast (2020-2032)

11.1.2. Cardiology

11.1.2.1. Market Revenue and Volume Forecast (2020-2032)

11.1.3. Nephrology

11.1.3.1. Market Revenue and Volume Forecast (2020-2032)

11.1.4. Infectious Disease

11.1.4.1. Market Revenue and Volume Forecast (2020-2032)

11.1.5. Oncology

11.1.5.1. Market Revenue and Volume Forecast (2020-2032)

11.1.6. Drug Testing

11.1.6.1. Market Revenue and Volume Forecast (2020-2032)

11.1.7. Autoimmune Diseases

11.1.7.1. Market Revenue and Volume Forecast (2020-2032)

11.1.8. Others

11.1.8.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 12. Global U.S. In Vitro Diagnostics Market, By End User

12.1. U.S. In Vitro Diagnostics Market Revenue and Volume, by End User, 2023-2032

12.1.1. Standalone Laboratories

12.1.1.1. Market Revenue and Volume Forecast (2020-2032)

12.1.2. Hospitals

12.1.2.1. Market Revenue and Volume Forecast (2020-2032)

12.1.3. Academic & Medical Schools

12.1.3.1. Market Revenue and Volume Forecast (2020-2032)

12.1.4. Point-of-Care

12.1.4.1. Market Revenue and Volume Forecast (2020-2032)

12.1.5. Others

12.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 13. Global U.S. In Vitro Diagnostics Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.1.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.1.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.1.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.1.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.1.6.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.1.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.1.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.1.6.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.1.7.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.1.7.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.1.7.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.1.7.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.2.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.2.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.2.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.2.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.2.6.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.2.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.2.7. Market Revenue and Volume Forecast, by Application (2020-2032)

13.2.8. Market Revenue and Volume Forecast, by End User (2020-2032)

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.2.9.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.2.9.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.2.10. Market Revenue and Volume Forecast, by Application (2020-2032)

13.2.11. Market Revenue and Volume Forecast, by End User (2020-2032)

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.2.12.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.2.12.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.2.12.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.2.13. Market Revenue and Volume Forecast, by End User (2020-2032)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.2.14.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.2.14.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.2.14.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.2.15. Market Revenue and Volume Forecast, by End User (2020-2032)

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.3.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.3.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.3.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.3.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.3.6.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.3.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.3.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.3.7. Market Revenue and Volume Forecast, by End User (2020-2032)

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.3.8.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.3.8.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.3.8.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.3.9. Market Revenue and Volume Forecast, by End User (2020-2032)

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.3.10.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.3.10.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.3.10.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.3.10.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.3.11.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.3.11.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.3.11.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.3.11.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.4.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.4.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.4.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.4.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.4.6.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.4.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.4.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.4.7. Market Revenue and Volume Forecast, by End User (2020-2032)

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.4.8.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.4.8.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.4.8.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.4.9. Market Revenue and Volume Forecast, by End User (2020-2032)

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.4.10.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.4.10.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.4.10.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.4.10.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.4.11.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.4.11.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.4.11.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.4.11.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.5.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.5.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.5.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.5.5. Market Revenue and Volume Forecast, by End User (2020-2032)

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.5.6.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.5.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.5.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.5.7. Market Revenue and Volume Forecast, by End User (2020-2032)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Product (2020-2032)

13.5.8.2. Market Revenue and Volume Forecast, by Test Location (2020-2032)

13.5.8.3. Market Revenue and Volume Forecast, by Technology (2020-2032)

13.5.8.4. Market Revenue and Volume Forecast, by Application (2020-2032)

13.5.8.5. Market Revenue and Volume Forecast, by End User (2020-2032)

Chapter 14. Company Profiles

14.1. Alere, Inc.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Beckman Coulter

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. BD

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Bio-Rad laboratories

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Danaher

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Abbott Laboratories

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Thermo Fisher Scientific Inc.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. bioMérieux, Inc

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Quest Diagnostics

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Illumina, Inc.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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