Taiwan In-Vitro Diagnostics Market

Taiwan In-Vitro Diagnostics Market

Taiwan In-Vitro Diagnostics Market by Product & Service (Reagents & Consumables, Instruments & Devices, and Software & Services), by Technique (Clinical Chemistry, Immunoassays, Molecular Diagnostics, Hematology & Coagulation, Microbiology, Urinalysis & Body Fluids, and Other Techniques), by Testing Site / Channel (Central & Reference Laboratories, Hospital & Physician Labs, and Others), by Application (Infectious Diseases, and Others) – Opportunity Analysis and Industry Forecast, 2024–2030

Industry: Healthcare | Publish Date: 18-Jul-2025 | No of Pages: 183 | No. of Tables: 144 | No. of Figures: 89 | Format: PDF | Report Code : HC2364

Taiwan In-Vitro Diagnostics Market Overview

The Taiwan In-Vitro Diagnostics Market size was valued at USD 0.77 billion in 2023, and is predicted to reach USD 1.39 billion by 2030, at a CAGR of 8.4% 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.

IVD 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, immunodiagnostic 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. 

Increased Geriatric Population Rates Drive the Market Growth

The significant rise in the geriatric’s population drives the growth of the in-vitro diagnostics market in the country. According to East Asia Forum, the proportion of Taiwan's population aged above 65 has surged from 2.5 percent in the 1950s to 17.56 percent in 2021.

Projections by the National Development Council suggest that Taiwan will emerge as one of the world's oldest nations by 2060, with the elderly population comprising an estimated 41.4 percent of the total population. With a significant portion of the population entering older age, there is a heightened demand for diagnostic technologies to address age-related health issues and diseases. In particular, the prevalence of chronic conditions and age-related illnesses among the elderly population necessitates frequent monitoring, early detection, and personalized treatment approaches, all of which are facilitated by IVD solutions. 

 

Rising Prevalence of Diabetes Boosts the Market Demand in Taiwan

The escalation in the prevalence of diabetes significantly drives the Taiwan in-vitro diagnostics market demand. International Diabetes Federation reported that, between 2011 and 2045, the number of individuals diagnosed with diabetes in Taiwan is to rise significantly. In 2011, there were approximately 1,664 thousand people with diabetes, and this number is projected to rise substantially by 2045, reaching an estimated 3,030 thousand individuals. As the diabetic population continues to grow, there is an increasing demand for precise and efficient diagnostic methods such as IVD to monitor blood glucose levels, detect complications, and tailor treatment plans effectively.

 

High Research, Development, and Regulatory Approval Costs Hinder the Market Growth

High costs associated with research, development, and regulatory approval are significant factors restraining the Taiwan IVD market growth. Operating within this sector necessitates significant financial investment for companies to navigate the complex landscape of research and development.

This investment often encompasses extensive clinical trials, laboratory testing, and product refinement to guarantee accuracy and reliability. Additionally, obtaining regulatory approvals from agencies such as the FDA requires strict adherence to stringent standards, further compounding the financial burden. This financial constraint can discourage potential adopters from market expansion.

Introduction of Point-of-Care Testing Solutions in IVD Creates Market Opportunity 

Point-of-care testing (POCT) is poised to be a significant driver of the Taiwan in-vitro diagnostics market expansion in the forthcoming years. POCT serves as a valuable complement to laboratory testing, especially in situations where immediate results are crucial, such as emergency departments, ambulances, and remote healthcare settings.

With POCT technologies offering rapid tests for infectious diseases, cardiac markers, glucose monitoring, pregnancy testing, and more, healthcare providers can quickly assess patients' conditions and make timely treatment decisions. By integrating POCT with traditional IVD, healthcare providers can enhance their diagnostic capabilities, delivering more efficient and patient-centered care. This integration streamlines workflows, allowing for faster diagnosis and treatment initiation, ultimately leading to improved patient outcomes.

 

Competitive Landscape

The promising players operating in the Taiwan in-vitro diagnostics industry include Roche Diagnostics Taiwan, Abbott Laboratories, Siemens Healthineers AG, Danaher Corporation, ThermFisher Scientific Inc., Becton Dickinson (BD) Taiwan, bioMérieux, Sysmex Corporation, Qiagen Taiwan, Bio‑Rad Laboratories, Inc., ApexBiTechnology, Generi Biotech, General Biologicals Corporation (GBC), Medigen Vaccine Biologics, Phalanx Biotech Group, and others.

Taiwan 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 Taiwan

  • Abbott Laboratories

  • Siemens Healthineers AG

  • Danaher Corporation

  • ThermFisher Scientific Inc.

  • Becton Dickinson (BD) Taiwan

  • bioMérieux

  • Sysmex Corporation

  • Qiagen Taiwan

  • Bio‑Rad Laboratories, Inc.

  • ApexBiTechnology

  • Generi Biotech

  • General Biologicals Corporation (GBC)

  • Medigen Vaccine Biologics

  • Phalanx Biotech Group

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size Value in 2023

USD 0.77 billion

Revenue Forecast in 2030

USD 1.39 billion

Value Growth Rate

CAGR of 8.4% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • Increased Geriatric Population Rates Drives Market Growth.
  • Rising Prevalence of Diabetes Boosts the Market Growth in Taiwan.

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.

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

Frequently Asked Questions

The Taiwan in-vitro diagnostics market revenue is estimated to reach USD 1.39 billion by 2030.

The key players operating in the Taiwan in-vitro diagnostics industry include Roche Diagnostics Taiwan, Abbott Laboratories, Siemens Healthineers AG, Danaher Corporation, ThermFisher Scientific Inc., Becton Dickinson (BD) Taiwan, bioMérieux, Sysmex Corporation, Qiagen Taiwan, Bio‑Rad Laboratories, Inc., ApexBiTechnology, Generi Biotech, General Biologicals Corporation (GBC), Medigen Vaccine Biologics, Phalanx Biotech Group, and others.

The Taiwan in-vitro diagnostics market size was estimated at USD 0.77 billion in 2023.

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

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

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

This website uses cookies to ensure you get the best experience on our website. Learn more