Industry: Healthcare | Publish Date: 16-Sep-2025 | No of Pages: 184 | No. of Tables: 144 | No. of Figures: 89 | Format: PDF | Report Code : HC2359
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.
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.
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.
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.
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.
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.
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
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
Central & Reference Laboratories
Hospital & Physician Labs
Point-of-Care & Retail
Home & Self-Testing
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 |
|
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. |