U.S. In-Vitro Diagnostic Substances Market. Analysis And Forecast to 2030
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View PricingAmerican 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.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
