In Vitro Diagnostic (IVD) Test Packaging Market size is estimated to be USD 10.2 Billion in 2024 and is expected to reach USD 15.5 Billion by 2033 at a CAGR of 5.8% from 2026 to 2033.
The global In Vitro Diagnostic (IVD) Test Packaging Market was valued at approximately USD 9.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% during the forecast period of 2023 to 2030. The increasing demand for advanced diagnostic solutions and the rising adoption of IVD tests across various healthcare settings contribute to this markets growth. The markets expansion is driven by factors such as the growing prevalence of chronic diseases, advancements in medical technology, and rising awareness about early disease detection. The packaging of IVD tests is crucial for maintaining the accuracy and integrity of diagnostic results, which further fuels the demand for innovative and secure packaging solutions. By 2030, the market size is anticipated to surpass USD 17 billion.
Regionally, North America holds a significant share in the IVD test packaging market, accounting for over 40% of the total market share in 2022, with a projected CAGR of 5.9% from 2023 to 2030. This growth is attributed to the high demand for diagnostic testing, advancements in healthcare infrastructure, and robust healthcare expenditure in the region. Europe is the second largest market, driven by a strong presence of established healthcare companies and rising investments in healthcare R&D. Meanwhile, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by improving healthcare infrastructure, increasing healthcare awareness, and the expanding middle class population. The regions IVD test packaging market is projected to grow at a CAGR of 7.6% from 2023 to 2030.
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GBF
Inc
AptarGroup
Inc
Placon Corporation
Sonic Packaging Industries
Plastic Ingenuity
Inc.
MML Diagnostics Packaging
BD
Corning Inc.
Thermo Fisher Scientific
CCL Industries Inc.
Oliver Products Company
CSP Technologies Inc
Terumo Corporation
Bio-Rad Laboratories
Inc
Tagsys S.A.S.
Bemis Company
Inc.
Duran Group Holding GmbH
Comar
LLC
Gerresheimer AG
Multi Packaging Solutions International Limited
Amcor Limited
James Alexander Corporation
Multisorb Technologies
WS Packaging Group
Inc.
Greiner Holding
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global In Vitro Diagnostic (IVD) Test Packaging Market
Serology Tests
Molecular Diagnostics
Microbiology Tests
Immunohistochemistry Tests
Clinical Chemistry Tests
Point-of-Care Tests
Reagent Kits
Software Solutions for Diagnostic Tests
Sample Collection and Handling Kits
Test Systems and Instruments
Hospitals
Diagnostic Laboratories
Research Institutions
Clinics
Home Care Settings
Single-Use Packaging
Bulk Packaging
Multi-pack or Kits Packaging
Customized Packaging Solutions
Plastic
Glass
Composite Materials
Paper and Paperboard
Aluminium
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global In Vitro Diagnostic (IVD) Test Packaging Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global In Vitro Diagnostic (IVD) Test Packaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global In Vitro Diagnostic (IVD) Test Packaging Market, By Type
6. Global In Vitro Diagnostic (IVD) Test Packaging Market, By Application
7. Global In Vitro Diagnostic (IVD) Test Packaging Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global In Vitro Diagnostic (IVD) Test Packaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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