Next-Generation IVD Market Size, Share, and Trends 2024 to 2034

The global next-generation IVD market size is accounted for USD 9.69 billion in 2025 and is forecasted to hit around USD 15.61 billion by 2034, representing a CAGR of 5.45% from 2025 to 2034. The North America market size was estimated at USD 3.76 billion in 2024 and is expanding at a CAGR of 5.59% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 5965
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

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 Next-Generation IVD Market 

5.1. COVID-19 Landscape: Next-Generation IVD 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

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 Next-Generation IVD Market, By Type

8.1. Next-Generation IVD Market Revenue and Volume Forecast, by Type

8.1.1. Core Laboratory Diagnostics

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Point of Care Testing

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Molecular Diagnostics

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Next-Generation IVD Market, By Product

9.1. Next-Generation IVD Market Revenue and Volume Forecast, by Product

9.1.1. Consumables

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Instruments

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Software

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Next-Generation IVD Market, By Application

10.1. Next-Generation IVD Market Revenue and Volume Forecast, by Application

10.1.1. Oncology/Cancer

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Infectious Diseases

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Diabetes

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Cardiology

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Other Applications

10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Next-Generation IVD Market, By End-User

11.1. Next-Generation IVD Market Revenue and Volume Forecast, by End-User

11.1.1. Academic & Research Institutions

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Diagnostic Laboratories

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Hospitals & Clinics

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Others

11.1.4.1. Market Revenue and Volume Forecast

Chapter 12. Global Next-Generation IVD Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Type

12.1.2. Market Revenue and Volume Forecast, by Product

12.1.3. Market Revenue and Volume Forecast, by Application

12.1.4. Market Revenue and Volume Forecast, by End-User

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Type

12.1.5.2. Market Revenue and Volume Forecast, by Product

12.1.5.3. Market Revenue and Volume Forecast, by Application

12.1.5.4. Market Revenue and Volume Forecast, by End-User

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Type

12.1.6.2. Market Revenue and Volume Forecast, by Product

12.1.6.3. Market Revenue and Volume Forecast, by Application

12.1.6.4. Market Revenue and Volume Forecast, by End-User

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Type

12.2.2. Market Revenue and Volume Forecast, by Product

12.2.3. Market Revenue and Volume Forecast, by Application

12.2.4. Market Revenue and Volume Forecast, by End-User

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Type

12.2.5.2. Market Revenue and Volume Forecast, by Product

12.2.5.3. Market Revenue and Volume Forecast, by Application

12.2.5.4. Market Revenue and Volume Forecast, by End-User

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Type

12.2.6.2. Market Revenue and Volume Forecast, by Product

12.2.6.3. Market Revenue and Volume Forecast, by Application

12.2.6.4. Market Revenue and Volume Forecast, by End-User

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Type

12.2.7.2. Market Revenue and Volume Forecast, by Product

12.2.7.3. Market Revenue and Volume Forecast, by Application

12.2.7.4. Market Revenue and Volume Forecast, by End-User

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Type

12.2.8.2. Market Revenue and Volume Forecast, by Product

12.2.8.3. Market Revenue and Volume Forecast, by Application

12.2.8.4. Market Revenue and Volume Forecast, by End-User

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Type

12.3.2. Market Revenue and Volume Forecast, by Product

12.3.3. Market Revenue and Volume Forecast, by Application

12.3.4. Market Revenue and Volume Forecast, by End-User

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Type

12.3.5.2. Market Revenue and Volume Forecast, by Product

12.3.5.3. Market Revenue and Volume Forecast, by Application

12.3.5.4. Market Revenue and Volume Forecast, by End-User

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Type

12.3.6.2. Market Revenue and Volume Forecast, by Product

12.3.6.3. Market Revenue and Volume Forecast, by Application

12.3.6.4. Market Revenue and Volume Forecast, by End-User

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Type

12.3.7.2. Market Revenue and Volume Forecast, by Product

12.3.7.3. Market Revenue and Volume Forecast, by Application

12.3.7.4. Market Revenue and Volume Forecast, by End-User

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Type

12.3.8.2. Market Revenue and Volume Forecast, by Product

12.3.8.3. Market Revenue and Volume Forecast, by Application

12.3.8.4. Market Revenue and Volume Forecast, by End-User

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Type

12.4.2. Market Revenue and Volume Forecast, by Product

12.4.3. Market Revenue and Volume Forecast, by Application

12.4.4. Market Revenue and Volume Forecast, by End-User

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Type

12.4.5.2. Market Revenue and Volume Forecast, by Product

12.4.5.3. Market Revenue and Volume Forecast, by Application

12.4.5.4. Market Revenue and Volume Forecast, by End-User

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Type

12.4.6.2. Market Revenue and Volume Forecast, by Product

12.4.6.3. Market Revenue and Volume Forecast, by Application

12.4.6.4. Market Revenue and Volume Forecast, by End-User

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Type

12.4.7.2. Market Revenue and Volume Forecast, by Product

12.4.7.3. Market Revenue and Volume Forecast, by Application

12.4.7.4. Market Revenue and Volume Forecast, by End-User

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Type

12.4.8.2. Market Revenue and Volume Forecast, by Product

12.4.8.3. Market Revenue and Volume Forecast, by Application

12.4.8.4. Market Revenue and Volume Forecast, by End-User

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Type

12.5.2. Market Revenue and Volume Forecast, by Product

12.5.3. Market Revenue and Volume Forecast, by Application

12.5.4. Market Revenue and Volume Forecast, by End-User

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Type

12.5.5.2. Market Revenue and Volume Forecast, by Product

12.5.5.3. Market Revenue and Volume Forecast, by Application

12.5.5.4. Market Revenue and Volume Forecast, by End-User

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Type

12.5.6.2. Market Revenue and Volume Forecast, by Product

12.5.6.3. Market Revenue and Volume Forecast, by Application

12.5.6.4. Market Revenue and Volume Forecast, by End-User

Chapter 13. Company Profiles

13.1. Agilent Technologies, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial PerTypeance

13.1.4. Recent Initiatives

13.2. bioMérieux SA

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial PerTypeance

13.2.4. Recent Initiatives

13.3. Bio-Rad Laboratories, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial PerTypeance

13.3.4. Recent Initiatives

13.4. Charles River Laboratories

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial PerTypeance

13.4.4. Recent Initiatives

13.5. Danaher Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial PerTypeance

13.5.4. Recent Initiatives

13.6. F. Hoffmann-La Roche Ltd.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial PerTypeance

13.6.4. Recent Initiatives

13.7. Qiagen

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial PerTypeance

13.7.4. Recent Initiatives

13.8. QuidelOrtho Corporation

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial PerTypeance

13.8.4. Recent Initiatives

13.9. Quest Diagnostics Incorporated

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial PerTypeance

13.9.4. Recent Initiatives

13.10. Siemens Healthineers AG

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial PerTypeance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global next-generation IVD market size is expected to grow from USD 9.18 billion in 2024 to USD 15.61 billion by 2034.

The next-generation IVD market is anticipated to grow at a CAGR of 5.45% between 2025 and 2034.

The major players operating in the next-generation IVD market are Abbott, Agilent Technologies, Inc., bioMérieux SA, Bio-Rad Laboratories, Inc., Charles River Laboratories, Danaher Corporation, F. Hoffmann-La Roche Ltd., Qiagen, Quest Diagnostics Incorporated, QuidelOrtho Corporation, Siemens Healthineers AG, Sysmex Corporation, and Others.

The driving factors of the next-generation IVD market are the Ongoing technological advancements, innovations in genomics, proteomics, and molecular diagnostics, and rising development of personalized and precision medical.

North America region will lead the global next-generation IVD market during the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client