North America IVD Contract Manufacturing Service Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
The North America In Vitro Diagnostics (IVD) Contract Manufacturing Service Market is witnessing substantial growth due to the increasing demand for diagnostic devices and tests. With a rising emphasis on healthcare quality and precision, industries are increasingly relying on contract manufacturers to handle their IVD product development and production. This market is expected to expand significantly in the coming years as medical technology evolves and the need for customized diagnostics continues to rise.
Several industries, including healthcare, biotechnology, and pharmaceuticals, require specialized services for manufacturing IVD products. These products range from diagnostic kits to reagents and instruments, all playing a critical role in detecting diseases, monitoring patient conditions, and ensuring timely medical intervention. Contract manufacturers in this sector must be equipped with cutting-edge technology and a high level of expertise to meet these demands.
The key factors driving the demand for IVD contract manufacturing services include advancements in personalized medicine, an aging population, and the growing focus on preventive care. As healthcare providers seek quicker and more accurate diagnostics, the demand for high-quality, cost-effective manufacturing services is escalating. Moreover, regulations governing the production of diagnostic products are becoming more stringent, creating opportunities for specialized contract manufacturers to offer their expertise in meeting compliance requirements.
Another critical factor in the IVD market is the trend toward outsourcing production to reduce costs and enhance efficiency. Contract manufacturing services allow companies to scale up production while maintaining product quality and regulatory compliance. With the rapid growth of the market, these companies also offer valuable support in terms of product design, prototyping, and logistics, ensuring a streamlined process from concept to commercialization.
As industries continue to advance, the need for contract manufacturing services capable of handling specialized IVD production is more vital than ever. The North America IVD Contract Manufacturing Service Market is poised for significant growth as healthcare sectors demand greater efficiency, quality, and compliance in diagnostics.
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Cenogenics Corporation
In-Vitro Diagnostic Developers Inc
Savyon Diagnostics
Elbit Systems Ltd. (KMC Systems
Inc.)
Nova Biomedical
LRE Medical
Cone Bioproducts
Invetech
Inc. (Subsidiary of Fortive Corporation)
Avioq
Inc
TCS Biosciences Ltd
Affinity Life Sciences
Inc
Coris BioConcept
Meridian Bioscience
Inc.
Affinity Biologicals Inc.
Biokit S.A.
Merck KGaA
Maxim Biomedical
Inc
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 North America IVD Contract Manufacturing Service Market
Reagents and Consumables
Instruments and Systems
Others
Based on Types the Market is categorized into Below types that held the largest IVD Contract Manufacturing Service market share In 2023.
Manufacturing Services
Assay Development Services
Others
North America (United States, North America 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 North America IVD Contract Manufacturing Service 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. North America IVD Contract Manufacturing Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America IVD Contract Manufacturing Service Market, By Type
6. North America IVD Contract Manufacturing Service Market, By Application
7. North America IVD Contract Manufacturing Service Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America IVD Contract Manufacturing Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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