IVD Industry In India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Indian In-Vitro Diagnostics Market is Segmented by Test Type (Clinical Chemistry, Molecular Diagnostics, Immunodiagnostics, Hematology, and Other Test Types), Product (Instruments, Reagents, and Other Products), Usability (Disposable IVD Devices and Reusable IVD Devices), Application (Infectious Disease, Diabetes, Cancer/Oncology, Cardiology, Autoimmune Disease, Nephrology, and Other Applications), and End-User (Diagnostic Laboratories, Hospitals and Clinics, and Other End-Users). The Report Offers the Value (USD Million) for the Above Segments.

IVD Industry In India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Indian in-vitro Diagnostics (IVD) Market Size

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India In-Vitro Diagnostics Market (2024 - 2029)
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 1.82 Billion
Market Size (2030) USD 2.51 Billion
CAGR (2025 - 2030) 6.58 %
Market Concentration Low

Major Players

India In-Vitro Diagnostics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Indian in-vitro Diagnostics (IVD) Market Analysis

The India In-Vitro Diagnostics Market size is estimated at USD 1.82 billion in 2025, and is expected to reach USD 2.51 billion by 2030, at a CAGR of 6.58% during the forecast period (2025-2030).

COVID-19 significantly impacted the growth of the in vitro diagnostics market. The spread of the virus increased the demand for products in the in vitro diagnostic devices market and the in vitro diagnostic kit market for rapid and accurate diagnosis. Research laboratories and major IVD companies in India manufacturing sites were closed during the initial phase, and this is expected to have impacted the market for in vitro diagnostics (IVDs) in India. However, the increasing number of chronic diseases, along with expanded research and development for the application of IVDs for better and quick diagnostics, has recently increased in India, contributing to the growth of in vitro diagnostics industry. For instance, in May 2022, Cipla Limited started the commercialization of the 'RT-Direct' multiplex COVID-19 RT-PCR Test kit in India, contributing to the in vitro diagnostic kit market in India. Moreover, a press release published by Clinical Trials Arena (CTA) in September 2021 mentioned that chronic illness among the Indian population increased during the COVID-19 lockdown. Physical inactivity during the lockdown led to a rise in obesity, and a subsequent increase in chronic illnesses, contributing to the expansion of the diagnostics market in India. Thus, the increased cases of chronic diseases in India during the pandemic phase are anticipated to generate demand for IVDs, boosting the IVD market in India over the forecast period.

Additionally, the increased use of pandemic-required innovations, such as remote collection and digital pathology, is expected to fuel the growth of the in vitro diagnostics market. For instance, in October 2022, Proscia launched an expanded digital platform, Concentriq Dx, for primary diagnostic workflows. In June, Roche, one of the leading in vitro diagnostics companies, launched a next-generation VENTANA DP 600 slide scanner that produces excellent image quality of stained histology slides from patient tissue samples while providing ease of use and workflow flexibility for the pathology lab. Thus, such technological advancements and product launches to ease in-vitro diagnostics procedures are anticipated to significantly impact the in-vitro diagnostics instruments market over the forecast period.

The major factors driving the growth of the Indian IVD market are the high prevalence of chronic diseases, increasing use of point of care diagnostics, and rising awareness and acceptance of personalized medicine and companion diagnostics.

The increasing number of cases of chronic diseases such as cancer, diabetes, and others in the country is the key factor driving the growth of the diagnostics market in India. For instance, as per the ICMR 2021 Report, it was observed that the number of cancer patients in India was expected to rise from 26.7 million in 2021 to 29.8 million in 2025. Thus, the rising burden of cancer raises the need to detect cancer early for more effective and timely treatment, increasing the demand for in-vitro diagnostics in India, which is anticipated to boost the in vitro diagnostics market in India over the forecast period.

Similarly, as per 2022 statistics published by IDF, about 74.1 million people had diabetes in India in the base year, and this number was estimated to reach 92.9 million and 124.8 million by 2030 and 2045, respectively. Thus, the expected increase in the number of people who have diabetes will increase the demand for conducting in-vitro assays for detecting blood glucose. This is anticipated to propel the demand for effective in-vitro diagnostics, contributing to the expansion of the IVD market size in India over the forecast period.

Furthermore, emerging technological innovations in healthcare, such as biosensors, lab-on-a-chip, wearable devices, and point of care diagnostics, are increasingly becoming an important part of the healthcare landscape. POC testing helps bring testing closer to the patients and obtain results quickly for the healthcare provider to expedite diagnoses and subsequent treatment. This is likely to increase the adoption of in-vitro diagnostics in India.

Moreover, rising company activities among IVD manufacturers in India in developing in-vitro diagnostic products and increasing product launches in the country contribute to the market's growth. For instance, in September 2021, Mylab Discovery Solutions acquired the majority stake in Sanskritech, a developer of Swayam, a portable diagnostic and telemedicine point-of-care system that can be used to create a small lab anywhere. This acquisition helps the company to establish point of care (POC) testing systems at doctor offices, nursing homes, community health centers, and airports through lab partners that enable patients to get test results faster at a lower cost.

In addition, in August 2021, Mylab Discovery Solutions entered a technology partnership with Hemex Health to develop next-generation diagnostic solutions for point-of-care (POC) testing of coronavirus and other diseases. In this partnership, Mylab develops test assays and Hemex provides its Gazelle POC testing platform and expertise.

Therefore, owing to the aforementioned factors, the IVD market in India is expected to grow over the forecast period. However, stringent regulations and cumbersome reimbursement procedures will likely hamper the market growth over the forecast period.

Indian in-vitro Diagnostics (IVD) Industry Overview

The market studied is consolidated with the presence of a few major players. For the new entrants in the market, barriers are high in the industry, and hence, few prominent market players hold the maximum share of the market. Companies are adopting various strategies such as collaborations, acquisitions, and new launches to expand their market position. Some market players are Abbott Laboratories, Becton, Dickinson and Company, BioMérieux, Bio-Rad Laboratories Inc., Danaher Corporation, F. Hoffmann-La Roche AG, Qiagen NV, and Thermo Fisher Scientific.

Indian in-vitro Diagnostics (IVD) Market Leaders

  1. Abbott Laboratories

  2. Becton, Dickinson and Company

  3. F. Hoffmann-La Roche AG

  4. Transasia Bio-Medicals Ltd

  5. Thermo Fisher Scientific

  6. *Disclaimer: Major Players sorted in no particular order
India In-Vitro Diagnostics Market Cocnentration
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Indian in-vitro Diagnostics (IVD) Market News

  • June 2022: Genes2Me Pvt. Ltd launched the CoviEasy Self-test Rapid Antigen kit for COVID-19, which is supported by an AI-driven mobile app.
  • February 2022: Mylab Discovery Solutions launched CoviSwift, a point-of-care (POC) testing solution comprising the CoviSwift assay and Compact-Q machines and process 16 samples within 40 minutes, four times faster than the typical RT-PCR testing procedure.

Indian in-vitro Diagnostics (IVD) Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 High Prevalence of Chronic Diseases
    • 4.2.2 Increasing Use of Point-of-care (POC) Diagnostics
    • 4.2.3 Rising Awareness and Acceptance of Personalized Medicine and Companion Diagnostics
  • 4.3 Market Restraints
    • 4.3.1 Stringent Regulations
    • 4.3.2 Cumbersome Reimbursement Procedures
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Test Type
    • 5.1.1 Clinical Chemistry
    • 5.1.2 Molecular Diagnostics
    • 5.1.3 Hematology
    • 5.1.4 Immuno Diagnostics
    • 5.1.5 Other Test Types
  • 5.2 By Product
    • 5.2.1 Instrument
    • 5.2.2 Reagent
    • 5.2.3 Other Products
  • 5.3 By Usability
    • 5.3.1 Disposable IVD Devices
    • 5.3.2 Reusable IVD Devices
  • 5.4 By Application
    • 5.4.1 Infectious Disease
    • 5.4.2 Diabetes
    • 5.4.3 Cancer/Oncology
    • 5.4.4 Cardiology
    • 5.4.5 Autoimmune Disease
    • 5.4.6 Nephrology
    • 5.4.7 Other Applications
  • 5.5 By End-user
    • 5.5.1 Diagnostic Laboratories
    • 5.5.2 Hospitals and Clinics
    • 5.5.3 Other End-users

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Abbott Laboratories
    • 6.1.2 Arkray Inc.
    • 6.1.3 Becton, Dickinson and Company
    • 6.1.4 bioMérieux SA
    • 6.1.5 Bio-Rad Laboratories Inc.
    • 6.1.6 Danaher Corporation
    • 6.1.7 F. Hoffmann-La Roche AG
    • 6.1.8 Transasia Bio-Medicals Ltd
    • 6.1.9 Sysmex Corporation
    • 6.1.10 Thermo Fisher Scientific
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Indian in-vitro Diagnostics (IVD) Industry Segmentation

As per the scope of the report, the in-vitro diagnostics market includes all medical devices and consumables that are utilized to perform in-vitro tests on various biological samples used to diagnose many medical conditions, such as chronic diseases. The market is segmented by test type (clinical chemistry, molecular diagnostics, immunodiagnostics, hematology, and other test types), product (instruments, reagents, and other products), usability (disposable IVD devices and reusable IVD devices), application (infectious disease, diabetes, cancer/oncology, cardiology, autoimmune disease, nephrology, and other applications), and end-user (diagnostic laboratories, hospitals and clinics, and other end-users). The report offers the value (USD million) for the above segments.

By Test Type Clinical Chemistry
Molecular Diagnostics
Hematology
Immuno Diagnostics
Other Test Types
By Product Instrument
Reagent
Other Products
By Usability Disposable IVD Devices
Reusable IVD Devices
By Application Infectious Disease
Diabetes
Cancer/Oncology
Cardiology
Autoimmune Disease
Nephrology
Other Applications
By End-user Diagnostic Laboratories
Hospitals and Clinics
Other End-users
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Indian in-vitro Diagnostics (IVD) Market Research FAQs

How big is the India In-Vitro Diagnostics Market?

The India In-Vitro Diagnostics Market size is expected to reach USD 1.82 billion in 2025 and grow at a CAGR of 6.58% to reach USD 2.51 billion by 2030.

What is the current India In-Vitro Diagnostics Market size?

In 2025, the India In-Vitro Diagnostics Market size is expected to reach USD 1.82 billion.

Who are the key players in India In-Vitro Diagnostics Market?

Abbott Laboratories, Becton, Dickinson and Company, F. Hoffmann-La Roche AG, Transasia Bio-Medicals Ltd and Thermo Fisher Scientific are the major companies operating in the India In-Vitro Diagnostics Market.

What years does this India In-Vitro Diagnostics Market cover, and what was the market size in 2024?

In 2024, the India In-Vitro Diagnostics Market size was estimated at USD 1.70 billion. The report covers the India In-Vitro Diagnostics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India In-Vitro Diagnostics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

India In-Vitro Diagnostics Industry Report

Statistics for the 2025 India In-Vitro Diagnostics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India In-Vitro Diagnostics analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.