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The global lab-based IVD market size was valued at USD 42.42 billion in 2024. The market is projected to grow from USD 44.85 billion in 2025 to USD 66.41 billion by 2032, exhibiting a CAGR of 5.8% during the forecast period. North America dominated the lab-based IVD market, accounting for a 39.39% market share in 2024.

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Published by rucha deo, 2025-07-01 08:59:07

Lab-based IVD Market

The global lab-based IVD market size was valued at USD 42.42 billion in 2024. The market is projected to grow from USD 44.85 billion in 2025 to USD 66.41 billion by 2032, exhibiting a CAGR of 5.8% during the forecast period. North America dominated the lab-based IVD market, accounting for a 39.39% market share in 2024.

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