Product Code: GVR-4-68039-246-6
In-vitro Diagnostics Enzymes Market Growth & Trends:
The global in-vitro diagnostics enzymes market size is expected to reach USD 3.70 billion by 2030, expanding at a CAGR of 7.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Accurate and rapid diagnosis and treatment of clinical disorders are essential for optimal clinical outcomes. Owing to the noteworthy biocatalytic properties, enzymes are used in the diagnosis of a wide range of diseases.
The development of enzyme biosensors has increased the enzyme utility in clinical diagnostics. Despite the necessity in clinical diagnosis, the commercialization and translation of biosensors from research to clinics are still low. However, with an increase in R&D efforts, lactate, cholesterol, and glucose biosensors have been commercialized for diagnostic use.
Proteases are important signaling proteins that are critical to a few pathological processes, including cancer, neurological, inflammatory, and cardiovascular disorders. Polymerase and transcriptase enzymes are expected to exhibit the fastest CAGR over the forecast period. In addition, the presence of a substantial number of players that offer these enzymes is expected to enhance the growth. Key players such as Kaneka Eurogentec S.A.; Toyobo Co., Ltd.; and Sekisui Diagnostics, LLC manufacture and distribute a wide range of polymerases, including KOD DNA Polymerase, Taq DNA Polymerase, Tth DNA Polymerase, and TTx DNA Polymerase.
The infectious disease segment dominated the market in 2019. An exponential rise in the COVID-19 cases globally drives the adoption rate of diagnostic enzymes for COVID-19 diagnosis. An increase in the availability of qualitative and quantitative molecular assays based on real-time PCR, Loop-mediated Isothermal Amplification- PCR (LAMP-PCR), multiplex PCR, and digital PCR technologies for the diagnosis of infectious diseases drives the demand for enzymes in this segment.
Enzymatic immunohistochemistry (IHC) is preferred for histology owing to a better contrast ratio and the method's compatibility for use with multiple stains for the detection of target components. IVD enzymes are employed in different end-use settings for the analysis of tissue specimens and bodily fluids. A wide range of end users including large laboratories that conduct multiple analyses in a day and smaller clinics that conduct a few tests use enzymes for in-vitro diagnostics (IVD).
North America emerged as a prominent regional market in 2019. A rise in the number of cancer cases and the adoption of enzymes for histopathology of biopsy samples are some of the other factors expected to propel market growth in the region. The presence of a large target population, improvements in healthcare infrastructure, high unmet clinical needs, increase in government initiatives, and rise in R&D activities for advanced diagnostic techniques are anticipated to drive the Asia Pacific market with the fastest growth rate.
The key players in the market are involved in novel product launches, acquisitions, collaborations, partnerships, and geographical expansions to reinforce their market presence. For instance, in June 2020, Codexis, Inc. signed a collaboration agreement with Alphazyme LLC for the manufacture and co-marketing of high-fidelity DNA polymerase, T7 RNA polymerase, and reverse transcriptase.
In-vitro Diagnostics Enzymes Market Report Highlights:
- By enzyme type, polymerase and transcriptase enzymes held the largest share in 2022 owing to their wide applications in molecular diagnostic assays
- Based on disease type, the infectious disease segment is expected to dominate the market throughout the forecast period
- In terms of technology type, the histology assays segment held the largest share in 2022 owing to the utility of histology assays in cancer diagnostics, coupled with a rising incidence of different cancer types
- By end use, hospital and diagnostic labs dominated the market in 2022. They witness a high inflow of biopsy specimens for histopathology and cytopathology because of an increase in hospitalization and rise in the number of hospital admissions for cancer patients
- North America dominated the overall market in 2022 owing to the presence of a substantial number of players in this region including Innovative Research; Bio-Rad Laboratories, Inc.; Rockland Immunochemicals, Inc.; MyBioSource.com; and RayBiotech, Inc.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Enzyme Type
- 1.1.2. Disease Type
- 1.1.3. Technology Type
- 1.1.4. End use
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Enzyme type outlook
- 2.2.2. Disease type outlook
- 2.2.3. Technology type outlook
- 2.2.4. End use outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. In-Vitro Diagnostics Enzymes Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. In-Vitro Diagnostics Enzymes Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. In-Vitro Diagnostics Enzymes: Product Estimates & Trend Analysis
- 4.1. In-Vitro Diagnostics Enzymes Market: Key Takeaways
- 4.2. In-Vitro Diagnostics Enzymes Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Proteases
- 4.3.1. Proteases market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Polymerase & Transcriptase
- 4.4.1. Polymerase & Transcriptase market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5. Ribonuclease
- 4.5.1. Ribonuclease market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6. Others
- 4.6.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. In-Vitro Diagnostics Enzymes: Disease Type Estimates & Trend Analysis
- 5.1. In-Vitro Diagnostics Enzymes Market: Key Takeaways
- 5.2. In-Vitro Diagnostics Enzymes Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Infectious Disease
- 5.3.1. Infectious Disease market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.1.1. COVID -19 Testing
- 5.3.1.1.1. COVID-19 testing market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.1.2. Hepatitis
- 5.3.1.2.1. Hepatitis market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.1.3. HIV
- 5.3.1.3.1. HIV market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.1.4. Others
- 5.3.1.4.1. Other testing market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Diabetes
- 5.4.1. Diabetes market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Oncology
- 5.5.1. Oncology market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.6. Cardiology
- 5.6.1. Cardiology market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.7. Nephrology
- 5.7.1. Nephrology market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.8. Autoimmune Diseases
- 5.8.1. Autoimmune diseases market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.9. Others
- 5.9.1. Other market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. In-Vitro Diagnostics Enzymes: Technology Estimates & Trend Analysis
- 6.1. In-Vitro Diagnostics Enzymes Market: Key Takeaways
- 6.2. In-Vitro Diagnostics Enzymes Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Histology Assays
- 6.3.1. Histology Assays market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Molecular Diagnostics
- 6.4.1. Molecular diagnostics market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4.1.1. PCR Assays
- 6.4.1.1.1. PCR assays market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4.1.2. NGS Assays
- 6.4.1.2.1. NGS assays market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4.1.3. Others
- 6.4.1.3.1. Other market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Clinical Chemistry
- 6.5.1. Clinical chemistry market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. In-Vitro Diagnostics Enzymes : End Use Estimates & Trend Analysis
- 7.1. In-Vitro Diagnostics Enzymes Market: Key Takeaways
- 7.2. In-Vitro Diagnostics Enzymes Market: Movement & Market Share Analysis, 2022 & 2030
- 7.3. Pharma & Biotech
- 7.3.1. Pharma & Biotech market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4. Hospital & Diagnostic Labs
- 7.4.1. Hospital & Diagnostic Lab market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.5. Academic Labs
- 7.5.1. Academic Lab market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. In-Vitro Diagnostics Enzymes Market: Regional Estimates & Trend Analysis
- 8.1. Regional Outlook
- 8.2. In-Vitro Diagnostics Enzymes Market by Region: Key Marketplace Takeaway
- 8.3. North America
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.3.2. U.S.
- 8.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.3.3. Canada
- 8.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4. Europe
- 8.4.1. U.K.
- 8.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.2. Germany
- 8.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.3. France
- 8.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.4. Italy
- 8.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.5. Spain
- 8.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.6. Sweden
- 8.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.7. Norway
- 8.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.8. Denmark
- 8.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5. Asia Pacific
- 8.5.1. Japan
- 8.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.2. China
- 8.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.3. India
- 8.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.4. Australia
- 8.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.5. Thailand
- 8.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.6. South Korea
- 8.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6. Latin America
- 8.6.1. Brazil
- 8.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6.2. Mexico
- 8.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6.3. Argentina
- 8.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7. MEA
- 8.7.1. Saudi Arabia
- 8.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.2. South Africa
- 8.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.3. UAE
- 8.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.4. Kuwait
- 8.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company/Competition Categorization
- 9.2.1. Merck KGaA
- 9.2.1.1. Company overview
- 9.2.1.2. Financial performance
- 9.2.1.3. Product benchmarking
- 9.2.1.4. Strategic initiatives
- 9.2.2. Codexis, Inc.
- 9.2.2.1. Company overview
- 9.2.2.2. Financial performance
- 9.2.2.3. Product benchmarking
- 9.2.2.4. Strategic initiatives
- 9.2.3. F. Hoffmann-La Roche Ltd.
- 9.2.3.1. Company overview
- 9.2.3.2. Financial performance
- 9.2.3.3. Product benchmarking
- 9.2.3.4. Strategic initiatives
- 9.2.4. Amano Enzymes Inc.
- 9.2.4.1. Company overview
- 9.2.4.2. Financial performance
- 9.2.4.3. Product benchmarking
- 9.2.4.4. Strategic initiatives
- 9.2.5. Advanced Enzymes Technologies Ltd.
- 9.2.5.1. Company overview
- 9.2.5.2. Financial performance
- 9.2.5.3. Product benchmarking
- 9.2.5.4. Strategic initiatives
- 9.2.6. Biocatalysts Ltd.
- 9.2.6.1. Company overview
- 9.2.6.2. Financial performance
- 9.2.6.3. Product benchmarking
- 9.2.6.4. Strategic initiatives
- 9.2.7. Amicogen
- 9.2.7.1. Company overview
- 9.2.7.2. Financial performance
- 9.2.7.3. Product benchmarking
- 9.2.7.4. Strategic initiatives
- 9.2.8. Dyadic International
- 9.2.8.1. Company overview
- 9.2.8.2. Financial performance
- 9.2.8.3. Product benchmarking
- 9.2.8.4. Strategic initiatives
- 9.2.9. BBI Solutions
- 9.2.9.1. Company overview
- 9.2.9.2. Financial performance
- 9.2.9.3. Product benchmarking
- 9.2.9.4. Strategic initiatives
- 9.2.10. Affymetrix
- 9.2.10.1. Company overview
- 9.2.10.2. Financial performance
- 9.2.10.3. Product benchmarking
- 9.2.10.4. Strategic initiatives
- 9.2.11. American Laboratories
- 9.2.11.1. Company overview
- 9.2.11.2. Financial performance
- 9.2.11.3. Product benchmarking
- 9.2.11.4. Strategic initiatives