In Vitro Diagnostic (IVD) Reagents Market Set to Achieve 5.4% CAGR, Reaching $75.67 Billion by 2030, According to Meticulous Research®
In a recent study, Meticulous Research® forecasts a robust Compound Annual Growth Rate (CAGR) of 5.4% for the In Vitro Diagnostic (IVD) Reagents Market during the forecast period, projecting a valuation of $75.67 billion by 2030.
Overview: In-vitro diagnostic (IVD) reagents, encompassing oligonucleotides, antibodies, nucleic acid probes, purified proteins or peptides, buffers, calibrators, serum, cell medium, and standards & controls, play a crucial role in diagnosing and preventing diseases. They are instrumental in manufacturing IVD kits & assays for diagnostic purposes.
Market Drivers: The growth of the IVD Reagents Market is fueled by several factors:
• Increasing prevalence of infectious diseases
• Rising adoption of advanced diagnostic technologies
• Growth in proteomics and genomics research studies
• Growing number of clinical laboratories offering advanced diagnostic testing menus
• Emerging economies and the demand for protein therapeutics and personalized medicines
Market Challenges: Despite its promising trajectory, the market faces challenges such as stringent regulations for antigen-specific reagents, high reagent costs, and an unfavorable reimbursement scenario.
Top 10 Companies in the IVD Reagents Market:https://meticulousblog.org/top-10-companies-in-in-vitro-diagnostic-ivd-reagents-market/
1. Thermo Fisher Scientific (U.S.):
• A biotechnology company engaged in life sciences research, patient diagnostics, and laboratory productivity.
• Offers IVD reagents through its Clinical Diagnostics business, serving various industries.
2. Becton, Dickinson and Company (U.S.):
• A medical technology company providing a wide range of medical devices, laboratory equipment, and diagnostic products.
• Offers IVD reagents through its BD Life Sciences business segment.
3. Merck KGaA (Germany):
• Operates in the IVD reagents market through the Life Science business segment, offering over 300,000 products.
4. Bio-Rad Laboratories, Inc. (U.S.):
• A distributor and manufacturer of clinical diagnostic products and life science research.
• Provides IVD reagents through its Clinical Diagnostics segment.
5. Agilent Technologies, Inc. (U.S.):
• Provides application-focused solutions for life sciences, diagnostics, and applied chemical markets.
• Offers IVD reagents through its Diagnostics & Genomics segment.
6. Abcam plc (U.K.):
• Producer, distributor, and seller of protein research tools, offering research-grade antibodies & IVD antibodies in the IVD reagents market.
Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5110

7. Hologic Inc. (U.S.):
• A medical technology company developing, manufacturing, and supplying medical imaging systems, diagnostic products, and surgical products.
• Provides IVD reagents through its Diagnostics segment.
8. QIAGEN N.V. (Netherlands):
• Develops and sells instruments, consumables, and digital bioinformatics solutions for various research areas.
• Operates in the IVD reagents market through the Molecular Diagnostics segment.
9. Beckman Coulter Inc. (U.S.):
• Engaged in the clinical diagnostics industry, offering clinical diagnostic products and solutions.
• Provides IVD reagents through its Diagnostics segment under Danaher Corporation.
10. InBios International, Inc. (U.S.):
• Designs, develops, and manufactures immunodiagnostic devices for infectious diseases and biothreats.
Notable Mention: Meticulous Research® in its latest report predicts a growth rate of 5.4% for the In Vitro Diagnostic (IVD) Reagents Market during the forecast period of 2023-2030.
Quick Buy : https://www.meticulousresearch.com/Checkout/29579204
About Meticulous Research®: Meticulous Research® is a leading provider of market intelligence and consulting services, committed to providing clients with in-depth market analysis and business insights. With a team of experienced analysts, Meticulous Research® offers comprehensive market research solutions for industries worldwide.
Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research