USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Global In Vitro Diagnostics Market Outlook, 2021
Personalized Diagnostics and Increased Healthcare Investment to Drive Market Growth Post COVID-19 Pandemic
20-Sep-2021
North America
Market Research
K5C8-01-00-00-00
HC03451-NA-MT_25793
$4,950.00
Special Price $3,712.50 save 25 %
The change in reimbursement for diagnostic testing, pressure from PAMA, regulatory trends in Europe, demand for large-scale testing, shift to precision diagnostics, emerging companies, and evolving business models demand assessing portfolio, evaluating competitor strategies, and exploring opportunities for business growth. The competitive nature of the In Vitro Diagnostics (IVD) industry has unfolded through the COVID-19 pandemic, as it continued to serve the healthcare domain and successfully reach a revenue of $85.91 billion in 2020. Clinical chemistry and immunoassays dominate the revenue share; molecular diagnostics and point-of-care-testing continue to grow at the highest rates; and tissue diagnostics and hemostasis will experience moderate growth followed by rest of the technology segments. The top-10 companies serving the IVD industry together accounted for 65.2% of the global revenue in 2020, while the top-20 companies together made up 78.8% of the global proceeds. The NA region, primarily with contributions from the US, leads the market, maintaining its stronghold on the IVD industry. APAC, primarily driven by Japan, China, and India, along with the other growing economies will experience the highest growth rate, while Europe will continue to grow at a slower pace. Overall, this research service offers insightful analysis in the form of overall forecast, region, and technology segment wise analysis, benchmarking of top participants, and key growth opportunities that will shape the industry.
Author: Amol Dilip Jadhav
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the In Vitro Diagnostics Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
In Vitro Diagnostics Market Scope of Analysis
In Vitro Diagnostics Market Based on Workflow
In Vitro Diagnostics Market Segmentation Based on Technologies
In Vitro Diagnostics Market Definition Technology Segments
In Vitro Diagnostics Market Segmentation Based on Region
Key Competitors for In Vitro Diagnostics Market
Key Growth Metrics for In Vitro Diagnostics Market
In Vitro Diagnostics Market Growth Outlook Summary
Decentralized Testing to Drive Growth—In Vitro Diagnostics Market
Growth Drivers for In Vitro Diagnostics Market
Growth Restraints for In Vitro Diagnostics Market
Forecast Assumptions—In Vitro Diagnostics Market
Revenue Forecast—In Vitro Diagnostics Market
Revenue Forecast by Workflow—In Vitro Diagnostics Market
Revenue Forecast by Technology—In Vitro Diagnostics Market
Revenue Forecast by Region—In Vitro Diagnostics Market
Revenue Forecast Analysis—In Vitro Diagnostics Market
Revenue Forecast Analysis by Workflow Segments—In Vitro Diagnostics Market
Revenue Forecast Analysis by Selective Technology Segments—In Vitro Diagnostics Market
Revenue Forecast Analysis by Selective Technology Segments—In Vitro Diagnostics Market (continued)
Revenue Forecast Analysis by Region—In Vitro Diagnostics Market
Competitive Environment—In Vitro Diagnostics Market
Revenue Share—In Vitro Diagnostics Market
Revenue Share Analysis—In Vitro Diagnostics Market
Competitor Matrix—In Vitro Diagnostics Market
Competitor Matrix—In Vitro Diagnostics Market (continued)
Competitor Segment Ranking—In Vitro Diagnostics Market
Recent Notable Activities—In Vitro Diagnostics Market
Recent Notable Activities—In Vitro Diagnostics Market (continued)
Key Growth Metrics for Clinical Chemistry and Immunoassay
Revenue Forecast—Clinical Chemistry and Immunoassay
Forecast Analysis—Clinical Chemistry and Immunoassay
Key Growth Metrics for Molecular Diagnostics
Revenue Forecast—Molecular Diagnostics
Forecast Analysis—Molecular Diagnostics
Key Growth Metrics for Tissue Diagnostics
Revenue Forecast—Tissue Diagnostics
Forecast Analysis—Tissue Diagnostics
Key Growth Metrics for Point-of-Care-Testing
Revenue Forecast—Point-of-Care-Testing
Forecast Analysis—Point-of-Care-Testing
Key Growth Metrics for In Vitro Diagnostics Market—North America
Revenue Forecast for In Vitro Diagnostics Market—North America
Forecast Analysis by Technology for In Vitro Diagnostics Market—North America
Key Growth Metrics for In Vitro Diagnostics Market—Europe
Revenue Forecast for In Vitro Diagnostics Market—Europe
Forecast Analysis by Technology for In Vitro Diagnostics Market—Europe
Key Growth Metrics for In Vitro Diagnostics Market—APAC
Revenue Forecast for In Vitro Diagnostics Market—APAC
Forecast Analysis by Technology for In Vitro Diagnostics Market—APAC
Growth Opportunity 1: POCT Instruments for Diagnosis of Respiratory Infections
Growth Opportunity 1: POCT Instruments for Diagnosis of Respiratory Infections (continued)
Growth Opportunity 2: Direct-to-Consumer (DTC) Testing Services to Address Personalized Genetic Diagnostics
Growth Opportunity 2: Direct-to-Consumer (DTC) Testing Services to Address Personalized Genetic Diagnostics (continued)
Growth Opportunity 3: Digital Pathology with Artificial Intelligence Driving the Path to Precision Oncology
Growth Opportunity 3: Digital Pathology with Artificial Intelligence Driving the Path to Precision Oncology (continued)
Growth Opportunity 4: Smart Labs and Total Laboratory Automation for Shorter Testing Turnaround Time
Growth Opportunity 4: Smart Labs and Total Laboratory Automation for Shorter Testing Turnaround Time (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Speak directly with our analytics experts for tailored recommendations.
Recent related Life Sciences research
13 Jan 2025 | Global | Market Outlook
Top 6 Growth Opportunities for the Digital Health Industry, 2025
Driven by digital advancements, the healthcare industry is transforming rapidly. Current trends and challenges create constant change, and industry stakeholders must adapt to remain attractive, competitive, and unique as robust organizations. Each year, competitors must gain a fresh, comprehensive v...
17 Dec 2024 | Global | Market Research
Cybersecurity in Healthcare, United States, 2024
Healthcare is the industry most affected by cyberattacks, which have targets like hospitals, healthcare organizations, patient databases, and connected devices. These attacks not only destabilize healthcare systems but also threaten care delivery and patient safety. The global healthcare infrastruct...
12 Dec 2024 | Global | Market Outlook
Top 6 Growth Opportunities for Clinical Diagnostics, Global, 2025
Accounting for 2%-3% of total healthcare expenditure and influencing 70% of clinical decision-making, diagnostics is the silent champion supporting all stages of precision health, including risk stratification, screening, early diagnosis, prognosis, monitoring, and relapse. The discovery and trans...
05 Dec 2024 | Global | Frost Radar
Frost Radar™: Enterprise Conversational AI in Healthcare, 2024
This Frost Radar™ benchmarks the companies and their solutions that allow healthcare payers and providers to create next-generation virtual assistants. Conversational AI is primarily used to streamline patient and provider processes and interactions across the care continuum—the pre-care, at-car...
27 Nov 2024 | Global | Market Research
Generative AI in Payer and Provider IT Transformation, Global, 2024-2029
The healthcare payer and provider industry is gradually adopting generative artificial intelligence (Gen AI) solutions across its value chain. Almost all organizations have shown an intent to implement Gen AI-based solutions in their products or processes, with a few already embarking on this journe...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Amol Dilip Jadhav |
| Industries | Healthcare |
| WIP Number | K5C8-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9600-B1,9562-B1,9573-B1,99C6-B1,9627-B1 |
