India In-Vitro Diagnostics Market

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India In-Vitro Diagnostics Market

India In-Vitro Diagnostics Market by Product & Service (Reagents & Consumables, Instruments & Devices, and Software & Services), by Technique (Clinical Chemistry, Immunoassays, Molecular Diagnostics, and Other Techniques), by Testing Site / Channel (Central & Reference Laboratories, Hospital & Physician Labs, Point-of-Care & Retail, and Others), by Application / Disease Area (Infectious Diseases, Oncology, Cardiovascular Health, and Others)– Opportunity Analysis and Industry Forecast, 2024–2030.

Industry: Healthcare | Publish Date: 16-Sep-2025 | No of Pages: 184 | No. of Tables: 144 | No. of Figures: 89 | Format: PDF | Report Code : HC2359

Market In-Vitro Diagnostics Market Overview

The India In-Vitro Diagnostics Market size was valued at USD 2.64 billion in 2023, and is predicted to reach USD 4.40 billion by 2030, at a CAGR of 7.17% from 2024 to 2030. In-vitro diagnostics (IVD) refers to a wide range of medical tests conducted on samples of bodily fluids, tissues, or cells outside of the body to diagnose diseases, monitor therapy, and assess overall health conditions.

Immunodiagnostic tests are performed in laboratory settings using various techniques and technologies, including immunoassays, molecular diagnostics, clinical chemistry, hematology, and microbiology. 
These tests enable early detection of diseases, allowing for timely intervention and treatment initiation. By providing rapid and accurate results, IVD tests facilitate personalized medicine, guiding tailored treatment approaches based on individual patient characteristics.

Also, in-vitro experiments provide valuable insights into biological systems, enabling scientists and researchers to make significant contributions to fields such as medicine, biotechnology, and pharmacology. They serve as essential tools for understanding fundamental biological processes and developing innovative solutions to address health challenges. 

Strong Growth of India’s Medical Device Industry Drives Market Expansion

India’s medical device industry is experiencing rapid growth, fueling the expansion of the in-vitro diagnostics market. Recognized as a sunrise sector in the country’s economy, the medical device market has seen rising investments in healthcare infrastructure and technology. This momentum is supported by increasing exports and a growing global demand for Indian-made healthcare products, positioning the sector for sustained growth.

As medical devices evolve and integrate advanced technologies, the adoption of innovative diagnostic solutions like in-vitro diagnostics is accelerating. This growth is expected to enhance the accessibility, affordability, and quality of diagnostic services across India, supporting the broader goal of modernizing healthcare delivery nationwide. 

 

Rising Cancer Incidence in India Accelerates Market Demand

The increasing burden of cancer in India is a critical factor driving demand for advanced in-vitro diagnostic solutions. With over 1.4 million new cancer cases reported annually, there is a pressing need for accurate and timely diagnosis to improve patient outcomes and guide personalized treatment strategies.

Immunodiagnostic technologies, essential for detecting and monitoring various cancers, are witnessing growing adoption. These tools support early detection and continuous disease monitoring, which are vital for effective cancer management and improving survival rates in the Indian population.

 

High R&D and Regulatory Costs Challenge Market Growth

Significant costs related to research, development, and regulatory approvals pose challenges to the expansion of India’s IVD market. Developing reliable diagnostic products requires extensive clinical validation and compliance with rigorous quality standards, demanding substantial financial and time investments from manufacturers.

Moreover, navigating complex regulatory frameworks adds to the operational burden for companies. The stringent approval process, aimed at ensuring safety and efficacy, can slow down product launches and limit the entry of new innovations, restricting market growth.

Expansion of Point-of-Care Testing Drives New Opportunities

Point-of-care testing (POCT) is rapidly emerging as a key growth area within India’s IVD market. These portable, rapid testing solutions enable immediate diagnostic results in diverse settings such as emergency rooms, rural clinics, and mobile healthcare units, addressing urgent healthcare needs efficiently.

By complementing traditional laboratory diagnostics, POCT enhances healthcare providers’ ability to make quick, informed decisions. This integration improves patient care through faster diagnosis and treatment initiation, ultimately boosting the overall efficiency and effectiveness of healthcare services across the country.

 

Competitive Landscape

The promising players operating in the India in-vitro diagnostics industry include Roche Diagnostics India Private Limited, Abbott Healthcare Private Limited, Siemens Healthineers India Private Limited, Beckman Coulter India Pvt. Ltd. (Danaher Group), Thermo Fisher Scientific India Pvt. Ltd., Sysmex India Pvt. Ltd, bioMérieux India Private Limited, Transasia Bio-Medicals Ltd., Agappe Diagnostics Ltd., Bio-Rad Laboratories (India) Pvt. Ltd., J. Mitra & Co. Pvt. Ltd., Hologic India LLP, Molbio Diagnostics Pvt. Ltd., Mylab Discovery Solutions Pvt. Ltd., Becton Dickinson India Pvt. Ltd., and others.

India In-Vitro Diagnostics Market Key Segments

By Product & Service

  • Reagents & Consumables

    • Clinical Chemistry Reagents

    • Immunoassay Reagents (ELISA/CLIA)

    • Molecular Master Mixes

    • Hematology Controls

  • Instruments & Devices

    • Chemistry Analyzers

    • Immunoassay Systems

    • Molecular Thermocyclers/Sequencers

    • Hematology Analyzers

    • POC Devices

  • Software & Services

    • LIS, Data Analytics

    • CRO/Testing Services

By Technique

  • Clinical Chemistry

    • Metabolites

    • Electrolytes

    • Enzymes

  • Immunoassays

    • ELISA / CLIA / CMIA

    • Lateral-flow Rapid Tests

    • Immunofluorescence

  • Molecular Diagnostics

    • PCR

    • Isothermal NAAT

    • NGS

    • In-situ Hybridization

  • Hematology & Coagulation

    • CBC Analyzers

    • Coagulation Panels

  • Microbiology

    • Culture & Sensitivity

    • MALDI-TOF

    • Molecular ID

  • Urinalysis & Body Fluids

  • Other Techniques

By Testing Site / Channel

  • Central & Reference Laboratories

  • Hospital & Physician Labs

  • Point-of-Care & Retail

  • Home & Self-Testing

By Application / Disease Area

  • Infectious Diseases

  • Oncology

  • Cardiovascular Health

  • Endocrinology & Diabetes

  • Nephrology

  • Genetic & Prenatal Testing

  • Autoimmune Disorders

  • Drug Monitoring & Toxicology

  • Blood Screening & Typing

  • Other Indications

Key Players

  • Roche Diagnostics India Private Limited

  • Abbott Healthcare Private Limited

  • Siemens Healthineers India Private Limited

  • Beckman Coulter India Pvt. Ltd. (Danaher Group)

  • Thermo Fisher Scientific India Pvt. Ltd.

  • Sysmex India Pvt. Ltd

  • bioMérieux India Private Limited

  • Transasia Bio-Medicals Ltd.

  • Agappe Diagnostics Ltd.

  • Bio-Rad Laboratories (India) Pvt. Ltd.

  • J. Mitra & Co. Pvt. Ltd.

  • Hologic India LLP

  • Molbio Diagnostics Pvt. Ltd.

  • Mylab Discovery Solutions Pvt. Ltd.

  • Becton Dickinson India Pvt. Ltd.

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size Value in 2023

USD 2.64 billion

Revenue Forecast in 2030

USD 4.40 billion

Value Growth Rate

CAGR of 7.17% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • Strong Growth of India’s Medical Device Industry Drives Market Expansion

  • Rising Cancer Incidence in India Accelerates Market Demand

Companies Profiled

15

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

India In-Vitro Diagnostics Market Revenue by 2030 (Billion USD) India In-Vitro Diagnostics Market Segmentation India In-Vitro Diagnostics Market Major Regions

Frequently Asked Questions

The India in-vitro diagnostics market revenue is estimated to reach up to USD 4.40 billion by 2030.

The key players in the India in-vitro diagnostics industry include Roche Diagnostics India Private Limited, Abbott Healthcare Private Limited, Siemens Healthineers India Private Limited, Beckman Coulter India Pvt. Ltd. (Danaher Group), Thermo Fisher Scientific India Pvt. Ltd., Sysmex India Pvt. Ltd, bioMérieux India Private Limited, Transasia Bio-Medicals Ltd., Agappe Diagnostics Ltd., Bio-Rad Laboratories (India) Pvt. Ltd., J. Mitra & Co. Pvt. Ltd., Hologic India LLP, Molbio Diagnostics Pvt. Ltd., Mylab Discovery Solutions Pvt. Ltd., Becton Dickinson India Pvt. Ltd., and others.

The India in-vitro diagnostics market size was estimated at USD 2.64 billion in 2023.

High costs associated with research, development, and regulatory approval are significant factors restraining the India IVD market growth.

Introduction of Point-of-Care Testing (POCT) solutions creates opportunities for the India in-vitro diagnostics market in the coming future.

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About the Author

Sikha Haritwal is a researcher with more than 5 years of experience. She has been keeping a close eye on several industry verticals, including construction & manufacturing, personal care products, and consumer electronics. She has avid interest in writing news articles and hopes to use blog as a platform to share her knowledge with others.

About the Reviewer

Supradip Baul is the CEO and Founder of Next Move Strategy Consulting, driving the firm’s mission to provide data-driven insights and strategic intelligence. With extensive experience in market research and consulting, he has helped global organizations make informed decisions and achieve sustainable growth.

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