May 26, 2024

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

The U.S. in vitro diagnostics market size is poised to grow by USD 41.62 billion by 2033 from USD 37.17 billion in 2023, exhibiting a CAGR of 2% during the forecast period  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 market refers to the sector involving medical devices and reagents used for diagnostic testing outside of the body. It encompasses various technologies such as molecular diagnostics, immunoassays, clinical chemistry, and others. This market plays a crucial role in healthcare by aiding in disease detection, monitoring, and treatment decisions.

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Growth Factors

Factors contributing to the growth of the U.S. in vitro diagnostics market include advancements in technology, increasing prevalence of chronic and infectious diseases, growing demand for personalized medicine, expanding geriatric population, rising awareness about early disease diagnosis, and supportive government initiatives aimed at improving healthcare infrastructure and accessibility.

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

Read More: Road Rollers Market Size to Worth USD 6.97 Billion By 2033

Opportunities

The U.S. in vitro diagnostics market presents several opportunities for growth and innovation. These include the development of novel diagnostic tests with higher accuracy and efficiency, expansion of point-of-care testing to enhance patient convenience and healthcare efficiency, leveraging artificial intelligence and machine learning for data analysis and interpretation, and tapping into the potential of digital health platforms for remote monitoring and management of chronic conditions.

Challenges

Despite its growth prospects, the U.S. in vitro diagnostics market faces certain challenges. These include stringent regulatory requirements for product approval, reimbursement issues affecting the adoption of new diagnostic technologies, high costs associated with R&D and commercialization, concerns regarding data privacy and security in digital health solutions, and the need for standardized protocols and quality control measures to ensure the reliability and reproducibility of diagnostic tests.

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.

Data Sources and Methodology

To gather comprehensive insights on the Global U.S. in vitro diagnostics Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global U.S. in vitro diagnostics Market.

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  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

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

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global U.S. in vitro diagnostics market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global U.S. in vitro diagnostics market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global U.S. in vitro diagnostics market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global U.S. in vitro diagnostics market but also the strategic plans of industry leaders.

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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