In Vitro Diagnostic (IVD) Trends and Market Update: March 2024

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Explore the latest trends and developments in the in vitro diagnostic (IVD) market with Kalorama Information’s comprehensive report, In Vitro Diagnostic (IVD) Trends and Market Update: March 2024. Gain insights into key growth segments, industry trends, and emerging technologies shaping the future of IVD.

The report offers updated data analysis based on Kalorama Information’s annual flagship report, The Worldwide Market for In Vitro Diagnostic Tests, 16th Edition (published August 2023).

Diagnostic testing has become a fundamental aspect of healthcare, aiding physicians in diagnosing conditions and determining treatments. Factors such as new products, changes in global health spending, regulatory shifts, and disease trends contribute to a constantly changing market, yet one that remains resilient.

Key growing segments attracting industry attention include next-generation sequencing (NGS), personalized medicine, and mass spectrometry. Immunochemistry, point-of-care (POC) testing, and molecular diagnostics are also of significant interest, expected to play a crucial role in the future of IVD. The IVD market remains dynamic, characterized by constant innovations.

Key Features:

  • Analysis of factors driving growth in the IVD market
  • Examination of major trends affecting the market
  • Insights into product trends and new developments
  • Coverage of key segments including NGS, personalized medicine, and mass spectrometry

Highlighted Trends:

  • Multiplex disease testing
  • Digital diagnostics combining data and analytics
  • Advancements in AI technologies
  • Growth in rapid and POC testing

Methodology:

  • Utilization of the latest available data
  • Expert analysis by Kalorama Information’s authors
  • Commitment to excellence in market analysis

Scope:

  • Focus on core diagnostic segments experiencing growth
  • Analysis of new products, global health spending changes, regulatory shifts, and disease trends

Market Update: Stay informed with the most current insights into the IVD market with In Vitro Diagnostic (IVD) Trends and Market Update: March 2024.

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Sample Report: A sample is available as a PDF upon request.

 

 

 

 

 

Table: Global In Vitro Diagnostic Market, by Segment, YoY Growth, 2022-2023 (%)

Global IVD Market 2022-2023
YoY %
Clinical Chemistry XX%
Immunoassays – non isotopic
Infectious disease XX%
Other immunos XX%
Blood bank screening XX%
Drugs of Abuse XX%
Diabetes HbA1c, lab XX%
Hematology – Core Lab XX%
Microbiology (ID/AST) XX%
Microbiology (molecular) XX%
Coagulation (PT/INR) XX%
Histology/cytology XX%
d-dimer XX%
Nucleic acid assays/genetic tests XX%
Blood grouping/typing XX%
Blood bank molecular – NAT Screens XX%
POC, OTC diabetes XX%
POC, OTC other XX%
POC, professional/hospital XX%
IVD Total XX%

Re-evaluated March 2024

Source: Kalorama Information

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