{"id":60898,"date":"2025-03-07T19:02:34","date_gmt":"2025-03-07T18:02:34","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/ivd-assay-development-market-research-2024-global-forecast-to-2031-emerging-economies-and-use-of-advanced-technologies-in-development-fueling-opportunities-researchandmarkets-com\/"},"modified":"2025-03-07T19:02:34","modified_gmt":"2025-03-07T18:02:34","slug":"ivd-assay-development-market-research-2024-global-forecast-to-2031-emerging-economies-and-use-of-advanced-technologies-in-development-fueling-opportunities-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/ivd-assay-development-market-research-2024-global-forecast-to-2031-emerging-economies-and-use-of-advanced-technologies-in-development-fueling-opportunities-researchandmarkets-com\/","title":{"rendered":"IVD Assay Development Market Research 2024 &#8211; Global Forecast to 2031: Emerging Economies and Use of Advanced Technologies in Development Fueling Opportunities &#8211; ResearchAndMarkets.com"},"content":{"rendered":"<div>\n<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/6031545\/ivd-assay-development-market-size-share?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=hzr3dj&amp;utm_campaign=2042700+-+IVD+Assay+Development+Market+Research+2024+-+Global+Forecast+to+2031%3A+Emerging+Economies+and+Use+of+Advanced+Technologies+in+Development+Fueling+Opportunities&amp;utm_exec=chdomspi\" rel=\"nofollow\" shape=\"rect\">&#8220;IVD Assay Development Market Size, Share, Forecast, &amp; Trends Analysis by Offering Technology, Application &#8211; Global Forecast to 2031&#8221;<\/a> report has been added to <strong>ResearchAndMarkets.com&#8217;s<\/strong> offering.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20250307471719\/en\/2403643\/4\/logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250307471719\/en\/2403643\/22\/logo.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20250307471719\/en\/2403643\/4\/logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250307471719\/en\/2403643\/21\/logo.jpg\"><\/a><\/p>\n<p>\nThe global IVD assay development market is projected to reach $8.39 billion by 2031 at a CAGR of 7.9% from 2024 to 2031.\n<\/p>\n<p>\nThe growth of this market is driven by the rising prevalence of chronic diseases &amp; the increasing geriatric population, the high burden of infectious diseases, the growing focus on the development of POC IVD assays, and rising healthcare expenditures. However, the evolving regulatory landscape restrains the growth of this market.\n<\/p>\n<p>\nThe report offers a competitive landscape based on an extensive assessment of the leading players&#8217; offerings and geographic presence and the key growth strategies adopted by them over the past few years (2021-2024). The key players operating in the global IVD assay development market are Thermo Fisher Scientific Inc. (U.S.), Avioq, Inc. (U.S.), Creative Biolabs, Inc (U.S.), Maxim Biomedical, Inc. (U.S.), Bio-Techne Corporation (U.S.), Merck KGaA (Germany), PeploBio Ltd (U.K.), ICON plc (Ireland), NeoDx Biotech Labs Pvt. Ltd. (India), Eclevar Medtech (France), Savyon Diagnostics (Israel), Promega Corporation (U.S.), and Future Diagnostics Solutions B.V. (Netherlands).\n<\/p>\n<p>\nIn 2024, North America is expected to account for the largest share of over 37.8% of the IVD assay development market. Within this region, the U.S. is expected to account for the largest share of the IVD assay development market in 2024. The country&#8217;s large market share is attributed to the increasing prevalence of infectious diseases, favorable government investments and funding for disease investigation &amp; prevention, and rising healthcare expenditure.\n<\/p>\n<p>\nFurthermore, the emerging economies and the use of advanced technologies in IVD assay development are expected to generate growth opportunities for the players operating in this market. However, maintaining product quality &amp; protecting proprietary information are major challenges impacting market growth.\n<\/p>\n<p>\nAmong the offerings covered in this report, the IVD stability testing segment is projected to register the highest CAGR of over 8.1% during the forecast period of 2024-2031. This growth is driven by the benefits of stability testing, which helps identify potential breakdowns or alterations in performance over time. Stability testing enables companies to detect and manage risks related to factors that can affect the effectiveness of IVD assays, including light exposure and temperature variations.\n<\/p>\n<p>\nAmong the technologies covered in this report, in 2024, the immunoassay \/immunochemistry segment is expected to account for the largest share of the IVD assay development market. The segment&#8217;s large market share is attributed to the higher preference for immunodiagnostics compared to other technologies due to its inherent specificity and high throughput, and the emergence of advanced diagnostic immunoassay formats.\n<\/p>\n<p>\nAmong the applications covered in this report, in 2024, the infectious diseases segment is expected to account for the largest share of the IVD assay development market. The large market share of this segment can be attributed to the increasing prevalence of HIV and the growing availability of rapid diagnostic assays for HIV.\n<\/p>\n<p>\n<strong>IVD Assay Development Market Insights<\/strong>\n<\/p>\n<p>\nDrivers\n<\/p>\n<ul>\n<li>\nRising Prevalence of Chronic Diseases &amp; the Increasing Geriatric Population\n<\/li>\n<li>\nHigh Burden of Infectious Diseases\n<\/li>\n<li>\nGrowing Focus on the Development of POC IVD Assays\n<\/li>\n<li>\nRising Healthcare Expenditures\n<\/li>\n<\/ul>\n<p>\nRestraints\n<\/p>\n<ul>\n<li>\nEvolving Regulatory Landscape\n<\/li>\n<\/ul>\n<p>\nOpportunities\n<\/p>\n<ul>\n<li>\nEmerging Economies\n<\/li>\n<li>\nUse of Advanced Technologies in IVD Assay Development\n<\/li>\n<\/ul>\n<p>\nChallenges\n<\/p>\n<ul>\n<li>\nMaintaining Product Quality &amp; Protecting Proprietary Information\n<\/li>\n<\/ul>\n<p>\nMacro Indicators\n<\/p>\n<ul>\n<li>\nAdjacent Market Analysis\n<\/li>\n<\/ul>\n<p>\nIVD Assay Development Market: Regulatory Landscape\n<\/p>\n<ul>\n<li>\nNorth America\n<\/li>\n<li>\nU.S.\n<\/li>\n<li>\nCanada\n<\/li>\n<li>\nEurope\n<\/li>\n<li>\nAsia-Pacific\n<\/li>\n<li>\nJapan\n<\/li>\n<li>\nChina\n<\/li>\n<li>\nIndia\n<\/li>\n<li>\nLatin America\n<\/li>\n<li>\nMiddle East &amp; Africa\n<\/li>\n<\/ul>\n<p>\nPorter&#8217;s Five Forces Analysis\n<\/p>\n<p>\n<strong>Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments, And SWOT Analysis)<\/strong>\n<\/p>\n<ul>\n<li>\nThermo Fisher Scientific Inc. (U.S.)\n<\/li>\n<li>\nAvioq Inc. (U.S.)\n<\/li>\n<li>\nCreative Biolabs Inc (U.S.)\n<\/li>\n<li>\nMaxim Biomedical Inc. (U.S.)\n<\/li>\n<li>\nBio-Techne Corporation (U.S.)\n<\/li>\n<li>\nMerck KGaA (Germany)\n<\/li>\n<li>\nPeploBio Ltd (U.K.)\n<\/li>\n<li>\nICON plc (Ireland)\n<\/li>\n<li>\nNeoDx Biotech Labs Pvt. Ltd. (India)\n<\/li>\n<li>\nEclevar Medtech (France)\n<\/li>\n<li>\nSavyon Diagnostics (Israel)\n<\/li>\n<li>\nPromega Corporation (U.S.)\n<\/li>\n<li>\nFuture Diagnostics Solutions B.V. (Netherlands)\n<\/li>\n<\/ul>\n<p>\n<strong>Competition Analysis<\/strong>\n<\/p>\n<ul>\n<li>\nCompetitive Benchmarking\n<\/li>\n<li>\nCompetitive Dashboard\n<\/li>\n<li>\nIndustry Leaders\n<\/li>\n<li>\nMarket Differentiators\n<\/li>\n<li>\nVanguards\n<\/li>\n<li>\nEmerging Companies\n<\/li>\n<li>\nMarket Ranking, by Key Players (2023)\n<\/li>\n<\/ul>\n<p>\n<strong>Scope of the Report:<\/strong>\n<\/p>\n<p>\nIVD Assay Development Market by Offering\n<\/p>\n<ul>\n<li>\nIVD Assay Development Services\n<\/li>\n<li>\nIVD Packaging Development Services\n<\/li>\n<li>\nIVD Assay Stability Testing\n<\/li>\n<li>\nRegulatory Support\n<\/li>\n<li>\nOther Offerings\n<\/li>\n<\/ul>\n<p>\nIVD Assay Development Market by Technology\n<\/p>\n<ul>\n<li>\nImmunoassay\/Immunochemistry\n<\/li>\n<li>\nMolecular Diagnostics\n<\/li>\n<li>\nClinical Chemistry\/Biochemistry\n<\/li>\n<li>\nHematology\n<\/li>\n<li>\nMicrobiology\n<\/li>\n<li>\nUrinalysis\n<\/li>\n<\/ul>\n<p>\nIVD Assay Development Market by Application\n<\/p>\n<ul>\n<li>\nInfectious Diseases\n<\/li>\n<li>\nOncology\n<\/li>\n<li>\nDiabetes\n<\/li>\n<li>\nCardiology\n<\/li>\n<li>\nOther Applications\n<\/li>\n<\/ul>\n<p>\nIVD Assay Development Market by Geography\n<\/p>\n<ul>\n<li>\nNorth America\n<\/li>\n<li>\nU.S.\n<\/li>\n<li>\nCanada\n<\/li>\n<li>\nEurope\n<\/li>\n<li>\nGermany\n<\/li>\n<li>\nFrance\n<\/li>\n<li>\nU.K.\n<\/li>\n<li>\nItaly\n<\/li>\n<li>\nSpain\n<\/li>\n<li>\nRest of Europe\n<\/li>\n<li>\nAsia-Pacific\n<\/li>\n<li>\nChina\n<\/li>\n<li>\nJapan\n<\/li>\n<li>\nIndia\n<\/li>\n<li>\nAustralia\n<\/li>\n<li>\nSouth Korea\n<\/li>\n<li>\nRest of Asia-Pacific\n<\/li>\n<li>\nLatin America\n<\/li>\n<li>\nBrazil\n<\/li>\n<li>\nMexico\n<\/li>\n<li>\nRest of Latin America\n<\/li>\n<li>\nMiddle East &amp; Africa\n<\/li>\n<\/ul>\n<p>\nFor more information about this report visit <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/6031545\/ivd-assay-development-market-size-share?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=hzr3dj&amp;utm_campaign=2042700+-+IVD+Assay+Development+Market+Research+2024+-+Global+Forecast+to+2031%3A+Emerging+Economies+and+Use+of+Advanced+Technologies+in+Development+Fueling+Opportunities&amp;utm_exec=chdomspi\" rel=\"nofollow\" shape=\"rect\">https:\/\/www.researchandmarkets.com\/r\/92thjn<\/a>\n<\/p>\n<p>\n<strong>About ResearchAndMarkets.com<\/strong>\n<\/p>\n<p>\nResearchAndMarkets.com is the world&#8217;s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nResearchAndMarkets.com<br \/>\n<br \/>Laura Wood, Senior Press Manager<br \/>\n<br \/><a target=\"_blank\" href=\"&#109;&#x61;&#x69;l&#116;&#x6f;&#x3a;p&#114;&#x65;s&#115;&#x40;&#x72;e&#115;&#x65;a&#114;&#x63;&#x68;a&#110;&#x64;&#x6d;&#97;&#x72;&#x6b;e&#116;&#x73;&#x2e;c&#111;&#x6d;\" rel=\"nofollow\" shape=\"rect\">&#112;&#x72;&#x65;s&#115;&#x40;r&#101;&#x73;&#x65;&#97;&#x72;&#x63;h&#97;&#x6e;d&#109;&#x61;&#x72;&#107;&#x65;&#x74;s&#46;&#x63;o&#109;<\/a><\/p>\n<p>For E.S.T Office Hours Call 1-917-300-0470<br \/>\n<br \/>For U.S.\/ CAN Toll Free Call 1-800-526-8630<br \/>\n<br \/>For GMT Office Hours Call +353-1-416-8900\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;IVD Assay Development Market Size, Share, Forecast, &amp; Trends Analysis by Offering Technology, Application &#8211; Global Forecast to 2031&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. The global IVD assay development market is projected to reach $8.39 billion by 2031 at a CAGR of 7.9% from 2024 to 2031. The growth of this &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/ivd-assay-development-market-research-2024-global-forecast-to-2031-emerging-economies-and-use-of-advanced-technologies-in-development-fueling-opportunities-researchandmarkets-com\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-60898","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IVD Assay Development Market Research 2024 - Global Forecast to 2031: Emerging Economies and Use of Advanced Technologies in Development Fueling Opportunities - ResearchAndMarkets.com - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/ivd-assay-development-market-research-2024-global-forecast-to-2031-emerging-economies-and-use-of-advanced-technologies-in-development-fueling-opportunities-researchandmarkets-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IVD Assay Development Market Research 2024 - Global Forecast to 2031: Emerging Economies and Use of Advanced Technologies in Development Fueling Opportunities - ResearchAndMarkets.com - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;IVD Assay Development Market Size, Share, Forecast, &amp; Trends Analysis by Offering Technology, Application &#8211; Global Forecast to 2031&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. 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The global IVD assay development market is projected to reach $8.39 billion by 2031 at a CAGR of 7.9% from 2024 to 2031. The growth of this ... 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