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Worldwide revenue of in vitro diagnostics industry from 2007 to 2021, with a forecast for 2024 (in billion euros)

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Sources

Release date

April 2022

Region

Worldwide

Survey time period

2007 to 2024

Supplementary notes

*Estimated

Citation formats

Worldwide revenue of in vitro diagnostics industry 2007-2024

Published by
Conor Stewart,
Sep 26, 2022

Between 2007 and 2019, the revenue generated by the in vitro diagnostics industry worldwide increased mildly. As the COVID-19 pandemic hit in 2020, however, the demand for tests to detect the virus caused an increase of about ** percent in the revenue of this industry. In just a year, sales of in vitro diagnostics increased from ** billion euros to ** billion euros. Revenue from in vitro diagnostics was forecast to grow even further in the following years, reaching *** billion euros by 2024.

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