The IVD Infectious Diseases Market is expected to register a CAGR of 6.7% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Product (Instruments, Reagents, Software); Technology (Immunochemistry, Microbiology, Molecular Diagnostics), and Application (MRSA, Streptococcus, Clostridium, Vancomycin-resistant enterococci, Carbapenem-resistant Bacteria, Respiratory virus). The global analysis is broken down at the regional level and for major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report IVD Infectious Diseases Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
IVD Infectious Diseases Market Segmentation
Product- Instruments
- Reagents
- Software
- Immunochemistry
- Microbiology
- Molecular Diagnostics
- MRSA
- Streptococcus
- Clostridium
- Vancomycin-resistant enterococci
- Carbapenem-resistant Bacteria
- Respiratory virus
Strategic Insights
IVD Infectious Diseases Market Growth Drivers- Rising Incidence of Infectious Diseases: The growth of the IVD infectious diseases market happens because more people worldwide get infected with diseases. More individuals require simple and budget-friendly tests to find HIV, hepatitis, tuberculosis, flu, and COVID-19 because these diseases affect more people worldwide at present. Doctors and scientists revealed during the COVID-19 pandemic that diagnostic tools help stop infectious diseases from spreading. Research indicates worldwide IVD solutions demand will rise because countries now recognize early disease detection as key for healthcare success. The testing equipment detects pathogens quickly so doctors can begin treatment and halt further transmission. People require more IVD tests to keep healthy while medical staff performs more lab and point-of-care tests together. Advanced diagnostic tests like PCR assays immunoassays and antigen tests boost market growth today. The market strengthens because both doctors and patients see the value of diagnostic testing. As the market size for IVD infectious diseases continues to grow, market share is expected to rise, with more players entering the market to meet the increasing demand for diagnostic solutions.
- Technological Advancements in Diagnostic Tools: Modern diagnostic technology improves daily which drives growth in the IVD infectious diseases market. PCR technology combined with NGS and immunoassay advancements allow laboratories to test infectious diseases more precisely and quickly since 2010. Modern diagnostic equipment finds pathogens more accurately to assist doctors with accurate test results delivered sooner. Patients get their test results sooner because Point-of-care (POC) testing brings healthcare services to new locations outside of basic laboratories. Healthcare providers use POC diagnostics more often now because these tests help detect and treat HIV hepatitis and COVID-19 faster. They also use AI and ML to improve how diagnostic platforms work. AI systems analyze test results to help companies make better products that bring in more market share. Combining advanced technology improves laboratory test quality at lower production costs which increases market opportunities for IVD infectious diseases. As forecast data suggests, these technological innovations will continue to play a major role in expanding the market size and enhancing the growth of the market.
- Government Initiatives and Support for Diagnostic Testing: The IVD infectious diseases market grows because government support and diagnostic testing programs help develop it. World governments allocate more funds to construct better healthcare structures that fight infectious diseases. During the COVID-19 pandemic governments recognized the need for better testing tools so they funded IVD test distribution programs. The World Health Organization (WHO) and Centers for Disease Control and Prevention (CDC) promote diagnostic tools used to fight infectious diseases through their regulatory oversight. When governments subsidize testing costs they make diagnostic tests more affordable for all nations to use. People demand faster and better diagnostic results which drives up the market for IVD infectious disease testing tools. Cheap medical diagnostics help countries with basic healthcare systems provide better medical care to their people. Government funding from developed and developing nations will boost market share for infectious disease tests worldwide especially in low-income countries.
- Rise of Point-of-Care Testing Solutions: One of the most significant future trends in the IVD infectious diseases market is the rapid rise of point-of-care (POC) testing solutions. The tests provide fast diagnosis results right where patients receive care which eliminates the need for special laboratory spaces. POC diagnostics help patients with infectious diseases such as COVID-19 and others because they provide fast and exact results for prompt medical care. The need for fast test results drives POC diagnostics growth because emergency rooms and remote healthcare areas depend on it. The development of microfluidics biosensors and nanotechnology now produces POC diagnostic tools that detect very small amounts of disease. The future market predicts POC testing solutions will expand because healthcare systems want to make medical tests easier to reach while saving money. Medical testing platforms and telemedicine systems are spreading worldwide as organizations adopt mobile health technologies. This trend is expected to contribute significantly to the expansion of the market size for IVD infectious disease diagnostics, as more diagnostic companies enter the POC testing segment, increasing market share and overall growth.
- Expansion of Molecular Diagnostics in Infectious Disease Testing: New molecular diagnostic methods will dominate the future market growth in IVD infectious diseases. PCR and NGS technologies are becoming more popular for infectious disease testing because they deliver precise results quickly. Molecular diagnostics tests for pathogens at their genetic source which produces much better results than standard detection methods. Medical facilities and field teams use molecular diagnostics more often because they need precise tests to identify HIV, hepatitis, COVID-19, and malaria infections. Molecular diagnostic tools will control most of the market space for infectious disease testing because medical professionals want more precise treatments for their patients. According to market forecasts the demand for molecular diagnostic solutions will keep increasing in the future. Additionally, the need for advanced diagnostics to combat antimicrobial resistance is expected to further accelerate the use of molecular diagnostics in clinical settings.
- Growing Role of Home-based Testing Kits: The IVD infectious diseases market will see more people starting to use home-based testing kits as time goes by. These home test kits let people inspect their health results at home which helps more people catch diseases earlier. The COVID-19 pandemic made at-home testing more popular and this trend will continue in the future. People prefer home-based tests for HIV hepatitis and COVID-19 because they offer private testing at their own homes. People now prefer medical tests they can do at home because these tests give fast results with simple operating devices. The market for home-based diagnostic kits will increase because consumers want to test for diseases at home in both developed and emerging regions. Companies creating easy-to-use diagnostic tools at home will find new markets for their products. Market expansion for IVD infectious diseases depends on the growth of home-based diagnostic tools.
- Increasing Demand for Rapid Diagnostic Tests: Rapid Diagnostic Tests drive market growth in IVD infectious diseases because healthcare providers need fast test results. Fast and precise testing of infectious diseases like COVID-19, malaria, HIV, and hepatitis has become essential because patients need prompt medical attention. RDTs work best when healthcare providers need to test patients at locations without advanced medical laboratories. These tests need little setup and give fast results within minutes making them suitable for emergency medical settings and remote areas. The rapid diagnostic test market will experience steady growth according to forecasts because areas without proper healthcare access and areas seeking affordable solutions need these tests. People now choose to test for diseases at home using self-testing kits which includes COVID-19 and HIV tests to drive rapid diagnostics market growth. The market keeps expanding because healthcare needs faster results and companies develop better testing technology. As more companies develop novel RDT solutions, they are likely to capture a larger market share, contributing to the overall growth of the IVD infectious diseases market.
- Increased Investment in Infectious Disease Diagnostics: More money invested in IVD infectious diseases products helps the market develop further. People and organizations from both public and private sectors invest more money into making better diagnostic tools because infectious diseases remain major health threats worldwide. Governments and health agencies put more money into developing new diagnostic tools for HIV, hepatitis, tuberculosis, malaria, and COVID-19. Their funding supports science projects that create faster and better diagnosis tools for early disease detection and timely care. More money for molecular diagnostics and point-of-care testing systems is making advanced testing available everywhere from developed to developing nations. Experts predict that this investment will lead to strong market size growth in future years. Private companies who invest in diagnostic development push innovation while competing with each other to grow their market share. As the world continues to prioritize healthcare preparedness, particularly in response to potential future outbreaks, the resulting investment in infectious disease diagnostics is expected to accelerate growth in the IVD market, creating new avenues for product development and market entry.
- Adoption of IVD Solutions in Remote and Underserved Areas: The infectious diseases diagnostics market will grow better through its expansion into distant and underdeveloped areas. Poorly developed healthcare systems in low-income areas make it hard to spot and treat infectious diseases before they spread further. New POC diagnostics and mobile healthcare tools now make it possible to deliver healthcare services in remote and underdeveloped areas. Mobile medical testing and telemedicine tools now reach patients in very remote areas. Our new diagnostic and healthcare technology helps fight HIV, hepatitis and malaria outbreaks in areas with no regular medical services. The market for IVD solutions in underserved areas will grow according to predictions because businesses invent new affordable diagnostic tests that work anywhere. Through health projects and price reductions governments and international groups help NGOs increase diagnostic tool availability in poor communities. The market will expand because people in these regions want to test themselves at home and do not need to go to testing centers. The market share of companies offering IVD diagnostics to underserved areas will expand as healthcare gets better and people want more affordable solutions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the IVD Infectious Diseases Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the IVD Infectious Diseases Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
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to segments covered.

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
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Frequently Asked Questions
The IVD Infectious Diseases Market is estimated to witness a CAGR of 6.7% from 2025 to 2031.
The major factors driving the IVD Infectious Diseases Market are Rising Incidence of Infectious Diseases, Technological Advancements in Diagnostic Tools, and Government Initiatives and Support for Diagnostic Testing
Future trends in the IVD Infectious Diseases Market are the Rise of Point-of-Care Testing Solutions, the Expansion of Molecular Diagnostics in Infectious Disease Testing, and the Growing Role of Home-based Testing Kits.
Some of the players operating in the market are Roche Diagnostics, Abbott Laboratories, Alere, Hologic, Inc, BD, Bio-Rad Laboratories, Siemens Healthcare, bioMeriux SA, Luminex Corporation, LifeScan, Inc
The report can be delivered in PDF/PPT format; we can also share an excel datasheet based on the request.
Some customization options available based on the request are an additional 3–5 company profiles and a country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 IVD Infectious Diseases Market - By Product
1.3.2 IVD Infectious Diseases Market - By Technology
1.3.3 IVD Infectious Diseases Market - By Application
1.3.4 IVD Infectious Diseases Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. IVD INFECTIOUS DISEASES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. IVD INFECTIOUS DISEASES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. IVD INFECTIOUS DISEASES MARKET - GLOBAL MARKET ANALYSIS
6.1. IVD INFECTIOUS DISEASES - GLOBAL MARKET OVERVIEW
6.2. IVD INFECTIOUS DISEASES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. IVD INFECTIOUS DISEASES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. INSTRUMENTS
7.3.1. Overview
7.3.2. Instruments Market Forecast and Analysis
7.4. REAGENTS
7.4.1. Overview
7.4.2. Reagents Market Forecast and Analysis
7.5. SOFTWARE
7.5.1. Overview
7.5.2. Software Market Forecast and Analysis
8. IVD INFECTIOUS DISEASES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. IMMUNOCHEMISTRY
8.3.1. Overview
8.3.2. Immunochemistry Market Forecast and Analysis
8.4. MICROBIOLOGY
8.4.1. Overview
8.4.2. Microbiology Market Forecast and Analysis
8.5. MOLECULAR DIAGNOSTICS.
8.5.1. Overview
8.5.2. Molecular Diagnostics. Market Forecast and Analysis
9. IVD INFECTIOUS DISEASES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. MRSA
9.3.1. Overview
9.3.2. MRSA Market Forecast and Analysis
9.4. STREPTOCOCCUS
9.4.1. Overview
9.4.2. Streptococcus Market Forecast and Analysis
9.5. CLOSTRIDIUM
9.5.1. Overview
9.5.2. Clostridium Market Forecast and Analysis
9.6. VANCOMYCIN-RESISTANT ENTEROCOCCI
9.6.1. Overview
9.6.2. Vancomycin-resistant enterococci Market Forecast and Analysis
9.7. CARBAPENEM-RESISTANT BACTERIA
9.7.1. Overview
9.7.2. Carbapenem-resistant Bacteria Market Forecast and Analysis
9.8. RESPIRATORY VIRUS
9.8.1. Overview
9.8.2. Respiratory virus Market Forecast and Analysis
10. IVD INFECTIOUS DISEASES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America IVD Infectious Diseases Market Overview
10.1.2 North America IVD Infectious Diseases Market Forecasts and Analysis
10.1.3 North America IVD Infectious Diseases Market Forecasts and Analysis - By Product
10.1.4 North America IVD Infectious Diseases Market Forecasts and Analysis - By Technology
10.1.5 North America IVD Infectious Diseases Market Forecasts and Analysis - By Application
10.1.6 North America IVD Infectious Diseases Market Forecasts and Analysis - By Countries
10.1.6.1 United States IVD Infectious Diseases Market
10.1.6.1.1 United States IVD Infectious Diseases Market by Product
10.1.6.1.2 United States IVD Infectious Diseases Market by Technology
10.1.6.1.3 United States IVD Infectious Diseases Market by Application
10.1.6.2 Canada IVD Infectious Diseases Market
10.1.6.2.1 Canada IVD Infectious Diseases Market by Product
10.1.6.2.2 Canada IVD Infectious Diseases Market by Technology
10.1.6.2.3 Canada IVD Infectious Diseases Market by Application
10.1.6.3 Mexico IVD Infectious Diseases Market
10.1.6.3.1 Mexico IVD Infectious Diseases Market by Product
10.1.6.3.2 Mexico IVD Infectious Diseases Market by Technology
10.1.6.3.3 Mexico IVD Infectious Diseases Market by Application
10.2. EUROPE
10.2.1 Europe IVD Infectious Diseases Market Overview
10.2.2 Europe IVD Infectious Diseases Market Forecasts and Analysis
10.2.3 Europe IVD Infectious Diseases Market Forecasts and Analysis - By Product
10.2.4 Europe IVD Infectious Diseases Market Forecasts and Analysis - By Technology
10.2.5 Europe IVD Infectious Diseases Market Forecasts and Analysis - By Application
10.2.6 Europe IVD Infectious Diseases Market Forecasts and Analysis - By Countries
10.2.6.1 Germany IVD Infectious Diseases Market
10.2.6.1.1 Germany IVD Infectious Diseases Market by Product
10.2.6.1.2 Germany IVD Infectious Diseases Market by Technology
10.2.6.1.3 Germany IVD Infectious Diseases Market by Application
10.2.6.2 France IVD Infectious Diseases Market
10.2.6.2.1 France IVD Infectious Diseases Market by Product
10.2.6.2.2 France IVD Infectious Diseases Market by Technology
10.2.6.2.3 France IVD Infectious Diseases Market by Application
10.2.6.3 Italy IVD Infectious Diseases Market
10.2.6.3.1 Italy IVD Infectious Diseases Market by Product
10.2.6.3.2 Italy IVD Infectious Diseases Market by Technology
10.2.6.3.3 Italy IVD Infectious Diseases Market by Application
10.2.6.4 Spain IVD Infectious Diseases Market
10.2.6.4.1 Spain IVD Infectious Diseases Market by Product
10.2.6.4.2 Spain IVD Infectious Diseases Market by Technology
10.2.6.4.3 Spain IVD Infectious Diseases Market by Application
10.2.6.5 United Kingdom IVD Infectious Diseases Market
10.2.6.5.1 United Kingdom IVD Infectious Diseases Market by Product
10.2.6.5.2 United Kingdom IVD Infectious Diseases Market by Technology
10.2.6.5.3 United Kingdom IVD Infectious Diseases Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific IVD Infectious Diseases Market Overview
10.3.2 Asia-Pacific IVD Infectious Diseases Market Forecasts and Analysis
10.3.3 Asia-Pacific IVD Infectious Diseases Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific IVD Infectious Diseases Market Forecasts and Analysis - By Technology
10.3.5 Asia-Pacific IVD Infectious Diseases Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific IVD Infectious Diseases Market Forecasts and Analysis - By Countries
10.3.6.1 Australia IVD Infectious Diseases Market
10.3.6.1.1 Australia IVD Infectious Diseases Market by Product
10.3.6.1.2 Australia IVD Infectious Diseases Market by Technology
10.3.6.1.3 Australia IVD Infectious Diseases Market by Application
10.3.6.2 China IVD Infectious Diseases Market
10.3.6.2.1 China IVD Infectious Diseases Market by Product
10.3.6.2.2 China IVD Infectious Diseases Market by Technology
10.3.6.2.3 China IVD Infectious Diseases Market by Application
10.3.6.3 India IVD Infectious Diseases Market
10.3.6.3.1 India IVD Infectious Diseases Market by Product
10.3.6.3.2 India IVD Infectious Diseases Market by Technology
10.3.6.3.3 India IVD Infectious Diseases Market by Application
10.3.6.4 Japan IVD Infectious Diseases Market
10.3.6.4.1 Japan IVD Infectious Diseases Market by Product
10.3.6.4.2 Japan IVD Infectious Diseases Market by Technology
10.3.6.4.3 Japan IVD Infectious Diseases Market by Application
10.3.6.5 South Korea IVD Infectious Diseases Market
10.3.6.5.1 South Korea IVD Infectious Diseases Market by Product
10.3.6.5.2 South Korea IVD Infectious Diseases Market by Technology
10.3.6.5.3 South Korea IVD Infectious Diseases Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa IVD Infectious Diseases Market Overview
10.4.2 Middle East and Africa IVD Infectious Diseases Market Forecasts and Analysis
10.4.3 Middle East and Africa IVD Infectious Diseases Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa IVD Infectious Diseases Market Forecasts and Analysis - By Technology
10.4.5 Middle East and Africa IVD Infectious Diseases Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa IVD Infectious Diseases Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa IVD Infectious Diseases Market
10.4.6.1.1 South Africa IVD Infectious Diseases Market by Product
10.4.6.1.2 South Africa IVD Infectious Diseases Market by Technology
10.4.6.1.3 South Africa IVD Infectious Diseases Market by Application
10.4.6.2 Saudi Arabia IVD Infectious Diseases Market
10.4.6.2.1 Saudi Arabia IVD Infectious Diseases Market by Product
10.4.6.2.2 Saudi Arabia IVD Infectious Diseases Market by Technology
10.4.6.2.3 Saudi Arabia IVD Infectious Diseases Market by Application
10.4.6.3 U.A.E IVD Infectious Diseases Market
10.4.6.3.1 U.A.E IVD Infectious Diseases Market by Product
10.4.6.3.2 U.A.E IVD Infectious Diseases Market by Technology
10.4.6.3.3 U.A.E IVD Infectious Diseases Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America IVD Infectious Diseases Market Overview
10.5.2 South and Central America IVD Infectious Diseases Market Forecasts and Analysis
10.5.3 South and Central America IVD Infectious Diseases Market Forecasts and Analysis - By Product
10.5.4 South and Central America IVD Infectious Diseases Market Forecasts and Analysis - By Technology
10.5.5 South and Central America IVD Infectious Diseases Market Forecasts and Analysis - By Application
10.5.6 South and Central America IVD Infectious Diseases Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil IVD Infectious Diseases Market
10.5.6.1.1 Brazil IVD Infectious Diseases Market by Product
10.5.6.1.2 Brazil IVD Infectious Diseases Market by Technology
10.5.6.1.3 Brazil IVD Infectious Diseases Market by Application
10.5.6.2 Argentina IVD Infectious Diseases Market
10.5.6.2.1 Argentina IVD Infectious Diseases Market by Product
10.5.6.2.2 Argentina IVD Infectious Diseases Market by Technology
10.5.6.2.3 Argentina IVD Infectious Diseases Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. IVD INFECTIOUS DISEASES MARKET, KEY COMPANY PROFILES
12.1. ROCHE DIAGNOSTICS
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ABBOTT LABORATORIES
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ALERE
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HOLOGIC, INC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. BD
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BIO-RAD LABORATORIES
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SIEMENS HEALTHCARE
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. BIOMERIUX SA
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. LUMINEX CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. LIFESCAN, INC
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
- Roche Diagnostics
- Abbott Laboratories
- Alere
- Hologic, Inc
- BD
- Bio-Rad Laboratories
- Siemens Healthcare
- bioMeriux SA
- Luminex Corporation
- LifeScan, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.