PUBLISHER: Polaris Market Research | PRODUCT CODE: 1132294
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1132294
The global Infectious Disease In Vitro Diagnostics market size is expected to reach USD 62.83 billion by 2030, according to a new study by Polaris Market Research. The report "Infectious Disease In Vitro Diagnostics Market Share, Size, Trends, Industry Analysis Report, By Product (Instruments, Reagents, Software); By Application (MRSA, VRE, Streptococcus); By Technology; By End-Use; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The growing infectious diseases across the globe, people's awareness, and technological adoption are the drivers for the IVD test. Furthermore, COVID-19 tests, the increasing geriatric population, and user-friendly devices with low cost and high efficiency are the major factors driving demand.
In addition, the growing geriatric population & spread of acute as well as chronic diseases across developing economies such as India, Japan, and China is likely to positively impact the demand for IVD devices over the coming years. However, the increase in disease will increase the number of tests over the forecasting period.
The COVID-19 pandemic has positively affected the expansion of the market, as the detection of the COVID test was mandatory, whether positive or negative. The emergence of the COVID-19 increased awareness among people, increasing regular health checkup tests. It is estimated that the market will keep rising over the forecasting period.
Infectious Disease In Vitro Diagnostics Market Report Highlights
Molecular diagnostics technology is increasing as it uses advanced technology with low cost, and better results.
The reagent segment accounted for the highest revenue share in 2021 and is expected to continue its dominance owing to many tests for detecting diseases and people's awareness.
Infectious diseases contributed a higher share of revenue owing to COVID-19 testing globally. The conditions are spreading widely, thus resulting in the number of tests for infectious diseases like tuberculosis, heart disease, and oncology will keep increasing, thus helping to cure and diagnose.
Asia Pacific is anticipated to grow at a significant CAGR over the forecast period because of technological advancement, people's health awareness, and the increasing geriatric population across developing nations in the region, such as India and Japan.
Major players operating in the industry include Abbott Laboratories, Becton Dickinson and Company, Bio-Rad Laboratories, Inc., Danaher Corporation, DiaSorin, F. Hoffmann-La Roche AG, Hologic, Inc., Illumina, Inc., InBios International, Inc., Koninklijke Philips N.V., Laboratory Corporation of America Holdings, Merck KGaA, OraSure Technologies, Inc., Thermo Fisher Scientific Inc.
Polaris Market Research has segmented the Infectious Disease In Vitro Diagnostics market report based on Product, application, technology, end-use, and region:
Infectious Disease In Vitro Diagnostics, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Instruments
Reagents
Software
Infectious Disease In Vitro Diagnostics, Technology Outlook (Revenue - USD Billion, 2018 - 2030)
Immunoassay
Molecular Diagnostics
Microbiology
Others
Infectious Disease In Vitro Diagnostics, Application Outlook (Revenue - USD Billion, 2018 - 2030)
MRSA
VRE
CRE
Clostridium Difficile
Streptococcus
Infectious Disease In Vitro Diagnostics, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Hospitals & Clinics
Diagnostic Laboratories
Academic Research Institutes
Others
Infectious Disease In Vitro Diagnostics, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global Infectious Disease In Vitro Diagnostics Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up End-Use
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Application
Figure 7. Global Infectious Disease In Vitro Diagnostics Market, by Application, 2021 & 2030 (USD Billion)
Figure 8. Market by End-Use
Figure 9. Global Infectious Disease In Vitro Diagnostics Market, by End-Use, 2021 & 2030 (USD Billion)
Figure 10. Market by Product
Figure 11. Global Infectious Disease In Vitro Diagnostics Market, by Product, 2021 & 2030 (USD Billion)
Figure 12. Market by Technology
Figure 13. Global Infectious Disease In Vitro Diagnostics Market, by Technology, 2021 & 2030 (USD Billion)
Figure 14. Infectious Disease In Vitro Diagnostics Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 15. Strategic Analysis - Infectious Disease In Vitro Diagnostics Market