In-vitro Diagnostics (IVD) Market to Experience Surge in Personalized Medicine Applications
The global in-vitro diagnostics (IVD) market is poised for significant expansion, with market size expected to grow from US$ 77.4 billion in 2025 to an estimated US$ 117.9 billion by 2032. This growth, representing a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2025 to 2032, reflects the increasing demand for advanced diagnostic technologies and rising healthcare awareness worldwide. As the healthcare landscape evolves with technological innovations and shifting patient needs, the IVD market is becoming an essential component of medical diagnostics, disease management, and personalized healthcare.