We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
U.S. In-Vitro Diagnostic Substances Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. In-Vitro Diagnostic Substances Market. Analysis And Forecast to 2030

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Oct 8, 2021

American Exports of In-Vitro Diagnostic Substances Gain Momentum

IndexBox has just published a new report: 'U.S. In-Vitro Diagnostic Substances Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.

American exports of in-vitro diagnostic substances reached $10.3B, hitting a record high during the past decade. Germany, China, Netherlands and Canada constitute the largest importers of in-vitro diagnostic substances from the U.S. The average export price for in-vitro diagnostic substances rose by +11% y-o-y to $20,116 per ton last year.

American Exports of In-Vitro Diagnostic Substances

In 2020, the amount of in-vitro diagnostic substances exported from the U.S. rose sharply to 514K tons, with an increase of +10% compared with the previous year's figure. In value terms, in-vitro diagnostic substance exports skyrocketed by +22.1% to $10.3B (IndexBox estimates) in 2020.

Germany (112K tons) was the leading destination for in-vitro diagnostic substance exports from the U.S., accounting for 22% of total exports. Moreover, in-vitro diagnostic substance exports to Germany exceeded the volume sent to the second major destination, China (39K tons), threefold. Canada (35K tons) ranked third in terms of total exports with a 6.8% share.

In 2020, the average annual growth rate of volume sent to Germany amounted to +29.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-28.4% per year) and Canada (+21.6% per year).

In value terms, the largest markets for in-vitro diagnostic substance exported from the U.S. were Germany ($1.6B), China ($1.2B) and the Netherlands ($1B), together accounting for 37% of total exports.

The average export price for in-vitro diagnostic substances stood at $20,116 per ton in 2020, increasing by +11% against the previous year. There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the Netherlands, while the average price for exports to Colombia was amongst the lowest.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the in-vitro diagnostic substance market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 325413 - In-vitro diagnostic substances manufacturing

Companies mentioned:

  • Abbott Diabetes Care
  • Orasure Technologies
  • Amag Pharmaceuticals
  • Streck, Diasorin Inc.
  • Diadexus
  • Rapid Pathogen Screening
  • Maine Biotechnology Services
  • Saladax Biomedical
  • Corgenix Medical Corporation
  • George King Bio-Medical
  • Princeton Biomeditech Corp
  • Banyan Biomarkers
  • Anatech
  • Dxna LLC
  • CD Diagnostics
  • Akers Biosciences
  • Helica Biosystems
  • Green Mountain Antibodies
  • Biospacific, Innominata
  • Phase 2 Discovery
  • Immuno Concepts
  • Hepatochem
  • Lifecare Medical International
  • Horizon Diagnostic
  • Immucor Gti Diagnostics
  • Werfen USA
  • Ivd Intermediate Holdings B Inc.
  • Opko Diagnostics
  • Horizon Diagnostic Inc
  • Immucor Gti Diagnostics
  • Werfen USA
  • Ivd Intermediate Holdings B Inc.
  • Opko Diagnostics

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: In-Vitro Diagnostic Substances - United States
Table
In-Vitro Diagnostic Substances - United States - Table
Dashboard
In-Vitro Diagnostic Substances - United States - Dashboard
Report
In-Vitro Diagnostic Substances - United States - Report