Sweden In Vitro Diagnostics Market Size & Outlook, 2025-2028
Sweden In Vitro Diagnostics Market Size
According to Straits Research analysis, the Sweden In Vitro Diagnostics Market was valued at USD 913.6 Million in 2024 and is projected to reach USD 1155.78 Million by 2028, expanding at a CAGR of 6.3% during the forecast period. Primary drivers of this market growth are pharmaceutical and healthcare industries, with a sharp demand increase for efficient and accurate diagnostic tests. Several factors, such as an aging population and rising prevalence of chronic diseases, increase the need for in vitro diagnostics. Furthermore, technological advancements have provided opportunities for market growth, along with green production techniques gaining traction. Sweden is also increasingly encouraging the export of these solutions, augmenting demand. As a forward-looking action, Sweden is positioning itself as a leading producer and innovator in the In Vitro Diagnostics Market, leveraging its robust healthcare infrastructure and embracing technology to enhance production efficiency.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Sweden In Vitro Diagnostics Market Highlights
- By 2024, Reagents and Kits represented the largest share of the Product and Services market size.
- Reagents and Kits is expected to remain the key growth driver within Product and Services, registering the fastest CAGR during the forecast period.
- In 2024, Sweden represented 1.1% of the overall global in vitro diagnostics market size.
- United States is projected to lead the global in vitro diagnostics market size by 2028.
- Across Europe, Germany is anticipated to hold the dominant position in market by 2028.
- France is forecasted to expand at the fastest pace in Europe, attaining USD 45534 Million by 2028.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2028 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2028 |
| Market Size In 2024 | USD 913.6 Million |
| Market Size In 2028 | USD 1155.78 Million |
| Largest segment | Reagents and Kits |
| Fastest segment | Reagents and Kits |
| Units | Revenue in USD Million |
| CAGR | 6.3% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Sweden In Vitro Diagnostics Market Share By Product and Services
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Product and Services |
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| Technology |
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| Application |
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| End User |
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Sweden In Vitro Diagnostics Market By Product and Services 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Sweden In Vitro Diagnostics Market By Technology 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Sweden In Vitro Diagnostics Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Sweden In Vitro Diagnostics Market By End User 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
