The global In-Vitro Diagnostics (IVD) market size is expected to reach USD 118.44 Billion at a steady revenue CAGR of 4.4% in 2028, according to latest analysis by Emergen Research. In-vitro diagnostics market revenue growth is due to increased investment in research & development in genomics and proteomics, and rising prevalence of targeted diseases.

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In Vitro Diagnostics Market Growth | IVD Industry Report by 2028

The global in-vitro diagnostics market size was USD 83.37 Billion in 2020 and is expected to reach USD 118.44 Billion at a steady revenue CAGR of 4.4% in 2028. The demand for in vitro diagnostics market is increasing due to the rise in the number of people suffering from chronic diseases.