1. Market Research
  2. > Healthcare Market Trends
  3. > Diagnostics

Medical Diagnostics Industry Overview: Latest Market Reports & Studies

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
13 votes

Global Diagnostics Industry

The diagnostics industry involves testing patients to detect disease. Diagnosis can be used in the case of patients already presenting symptoms of disease, to screen asymptomatic patients as a matter of routine, and to allow ongoing testing in patients with disease to establish prognosis or check progress of therapy. The section is part of the wider healthcare industry.

The market can be broadly divided into:

  1. In vitro diagnostics (IVD), which refers to testing samples of blood, tissue, for example electrocardiography; and
  2. Diagnostic imaging, such as x-rays, computerized axial tomography (CAT), mammograms and magnetic resonance imaging (MRI).

Leading Market Segment

The IVD market, estimated at $44 billion in 2010, is predicted to reach $52 billion by 2013 with a compound annual grown rate of approximately 5%, according to research from RNCOS. A particularly profitable growth sector within IVD, molecular diagnostics is predicted to reach $15 billion by 2014 at a compound annual growth rate of just under 20% reports Renub Research. Infectious diseases account for more than a fifth of this segment, followed by oncology testing. By 2014 blood testing and genetic screening together will account for over a quarter of the market, with the US representing $6 billion of the molecular diagnostics market by that time.

Blood grouping reagent Export

Diagnostics Industry Regional Market Share

The In Vitro Diagnostic market is dominated by the US and the EU, which combined comprise about three quarters of the global market. This is because developed countries are witnessing a proliferation of diet and lifestyle related diseases such as cancer, diabetes and cardiovascular disease, whereas developing countries are more concerned with the diagnosis of infection and infectious disease.

In the lead, the IVD market in the US is forecast to grow 5.4% annually, reaching $23 billion in 2013. According to Global Industry Analysts, the US molecular diagnostics market will be over $6.35 billion by 2015.

Following behind, the EU represents the second-largest regional market, with its infectious-disease testing market estimated to reach $1.02 billion in 2012. There is strong growth in oncology testing and pharmacogenomics, which are predicted to show a compound annual growth rate of 10.71% and 11.05%, respectively, between 2011 and 2015.

Top 3 Medical Diagnostics Players

Roche is the market leader in IVD, holding approximately 20% of total market share, followed by Abbott and Siemens, each holding more than 10%.

Roche’s 20% market share represents yearly sales of $44 billion, with key products such as CoaguChek and Accu-Chek fueling the company’s growth. Roche saw 20% growth in Asia-Pacific alone and a 5% rise in the US. Acquisitions, such as in diabetes care (Medingo Ltd) and tissue diagnostics (Biolmagene Inc), should see continued market growth for Roche going forward.

In business for over 120 years, Abbott's sales in 2010 reached over $35 billion, and it invested $3.7 billion in R&D. Its main area of expertise in diagnostics is immunodiagnostics. Abbott's immunoassay diagnostic systems, AxSYM, is used to test for cardiovascular disease, cancer, infectious diseases and thyroid conditions.

Read more »

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 600 reports

Global Diagnostics Industry

  • June 2016
    27 pages
  • Diagnostics  

  • World  

    Puerto Rico  


View report >

Diagnostics Markets in the US

  • April 2016
    18 pages
  • United States  

View report >

Diagnostics Markets in Europe

  • January 2016
    18 pages
  • Europe  

View report >

In Vitro Diagnostic Reagent Markets in the UK

  • December 2016
    67 pages
  • In Vitro Diagno...  

    HIV Testing  

  • United Kingdom  



View report >

Diagnostics Industry in Canada

  • July 2015
    17 pages
  • Diagnostics  

  • Canada  

View report >

Diagnostics Industry in India

  • January 2016
    9 pages
  • Diagnostics  

  • India  

View report >

Diagnostics Industry in China

  • December 2015
    16 pages
  • Diagnostics  

  • China  

View report >

Diagnostics Industry in South Africa

  • October 2016
    6 pages
  • Diagnostics  

  • South Africa  


View report >

The future of the Diagnostics Industry in South Africa

  • January 2016
    11 pages
  • Diagnostics  

  • South Africa  

View report >

Diagnostics Industry in Australia - Forecast

  • June 2015
    6 pages
  • Diagnostics  

  • Australia  


View report >

About 3400 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 87 - $ 21100)

Cancer Diagnostics 2017-2021: US, Europe, Japan--Market Analysis, Competitive Intelligence, Technology Trends, Opportunities for Suppliers

Cancer Diagnostics 2017-2021: US, Europe, Japan--Market Analysis, Competitive Intelligence, Technology Trends, Opportunities for Suppliers

  • $ 21100
  • Industry report
  • December 2016
  • by Venture Planning Group

Complete report $34,750.  DataPack (test volumes, sales forecasts, supplier shares) $21,100. The report is available by country, section, market segment, and can be custom-tailored to your specific information ...

Europe Microbiology Market 2017-2021: France, Germany, ...

December 2016 $ 12900

2017-2021 Us Cancer Diagnostics Market Analysis, Compet ...

December 2016 $ 6400

2017-2021 Us Infectious Disease Market Analysis, Compet ...

December 2016 $ 6400

2016-2021 Global Hepatitis Markers Testing Market: Hosp ...

November 2016 $ 6250

2017-2021 Europe Enteric Diseases: France, Germany, Ita ...

January 2017 $ 6100

Europe Enteric Disease Market 2017-2021: France, Germa ...

December 2016 $ 6100

2017-2021 Japan Infectious Disease Market Analysis, Com ...

December 2016 $ 5700

Transplant Diagnostics Market By Technology, Products & ...

January 2017 $ 5650

Proteomics Market By Instrument, Reagent & Service, App ...

December 2016 $ 5650

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.