PUBLISHER: Howe Sound Research | PRODUCT CODE: 2178394
PUBLISHER: Howe Sound Research | PRODUCT CODE: 2178394
AI will drive faster growth in IVD. This edition, which replaces our Smart In Vitro Diagnostics report, sizes the market for artificial intelligence applied to patient specimens — AI-based tests, software and SaaS, AI-embedded instruments, and services and data — at $2,200.0 million in 2026, growing 18.3% a year to $5,100.0 million in 2031. Tests that cannot give a result without a trained AI model are the largest product line at $1,078.0 million (49.0%) in 2026, and AI-embedded instruments grow fastest at 20.0% a year. Oncology is 42.5% of the market, neurology grows fastest at 25.9% a year as Alzheimer's blood tests arrive, and China is the fastest-growing country at 26.6% a year.
The past year changed the industry: Abbott completed its acquisition of Exact Sciences, Medicare multi-cancer early detection coverage became law, an FDA advisory panel backed GRAIL's Galleri, the FDA approved Freenome's SimpleScreen CRC blood test, Roche agreed to acquire PathAI, Tempus launched Paige Predict, and the EU moved AI Act duties for IVDs to August 2028. The report also sizes the roughly $6–7 billion 'AI light' base of classical-algorithm tests that machine learning is now upgrading, and covers regulation and reimbursement, foundation models, validation and lab operations.
"IVD does the heavy lifting. The diagnosis job is essentially done by the lab almost before the patient exam is complete."
Greg Powell, President, Howe Sound Research
40 companies are profiled in this report.
This report includes Major Metropolitan Market Size Tables for 2026 and 2031 covering 237 metropolitan areas.
If their country is not already listed purchasers can request Individual Country Market Size information, or other customization, without additional charge.
All the important facts are here. Industry growth rates. Geographic, application, technology and end-user breakdowns of market size. Explore the potential of artificial intelligence in diagnostics and gain an appreciation of the big picture for an industry that is moving from commodity testing to tests that answer the diagnostic question.
All report data is available in Excel format on request.
Make investment decisions and valuations with confidence using the latest data.