Towards Healthcare
IVD Diagnostic Molecule Raw Enzymes Market to Rise at 7.13% CAGR till 2034

IVD Diagnostic Molecule Raw Enzymes Market Future Expansion

The IVD diagnostic molecule raw enzymes market is valued at USD 2.39 billion in 2024, projected to reach USD 4.73 billion by 2034 at a 7.13% CAGR. It includes segmentation by enzyme type, application, and technology, with leading regions like North America (45.9%) and Asia Pacific. The study covers trade data, supply chain, key players like QIAGEN, Bio-Rad, and Merck KGaA, and full value chain insights.

Category: Diagnostics Insight Code: 6360 Format: PDF / PPT / Excel

The global IVD diagnostic molecule raw enzymes market size is calculated at US$ 2.39 billion in 2024, grew to US$ 2.56 billion in 2025, and is projected to reach around US$ 4.73 billion by 2034. The market is expanding at a CAGR of 7.13% between 2025 and 2034.

IVD Diagnostic Molecule Raw Enzymes Market Size 2024 to 2034

The growing disease burden globally is increasing the use of IVD diagnostic molecule raw enzymes. They are being used for disease testing, oncology/genetic testing, and clinical chemistry testing, where AI is also being used to optimize their effectiveness and stability. The growing R&D investments, strict regulations, and expanding healthcare are increasing their use across various regions, promoting the IVD diagnostic molecule raw enzymes market growth.

Key Takeaways

  • IVD diagnostic molecule raw enzymes sector pushed the market to USD 2.39 billion by 2024.
  • Long-term projections show USD 4.73 billion valuation by 2034.
  • Growth is expected at a steady CAGR of 7.13% in between 2025 to 2034.
  • North America held approximately a 45.9% share in the global IVD diagnostic molecule raw enzymes market in 2024.
  • Asia Pacific is expected to be the fastest-growing region during the forecast period.
  • By enzyme type, the polymerase & transcriptase segment held a 42.65% share in the market in 2024.
  • By enzyme type, the proteases segment is expected to be the fastest growing during the forecast period.
  • By application type, the infectious diseases segment held a 45.5% share in the market in 2024.
  • By application type, the oncology segment is expected to be the fastest-growing during the forecast period.
  • By technology type, the polymerase chain reaction (PCR) segment held a 50% share in the market in 2024.
  • By technology type, the enzyme-linked immunosorbent assay (ELISA) segment is expected to be the fastest growing during the forecast period.
  • By end user, the hospitals & diagnostic laboratories segment held a 42% share in the global IVD diagnostic molecule raw enzymes market in 2024.
  • By end user, the biotech & pharmaceutical companies segment is expected to be the fastest growing during the forecast period.

Key Indicators and Highlights

Table Scope
Market Size in 2025 USD 2.56 Billion
Projected Market Size in 2034 USD 4.73 Billion
CAGR (2025 - 2034) 7.13%
Leading Region North America by 45.9%
Market Segmentation By Enzyme Type, By Application, By Technology, By End-User, By Region
Top Key Players New England Biolabs (NEB), QIAGEN, Bio-Rad Laboratories, Takara Bio, Aldevron, Codexis, Amano Enzyme Inc., Advanced Enzymes Technologies Ltd., Biocatalysts Ltd., Enzo Life Sciences, MP Biomedicals, BBI Solutions, EKF Diagnostics, Medix Biochemica, Canvax Biotech

What are the IVD Diagnostic Molecule Raw Enzymes?

The IVD diagnostic molecule raw enzymes market is driven by growing global demand for diagnostic testing. The IVD diagnostic molecule raw enzymes refer to the enzyme reagents specifically formulated and qualified for use in in-vitro diagnostic (IVD) assays and molecular diagnostic workflows. This market includes companies that produce clinical-grade or IVD-compatible enzymes, enzyme formulations, and bulk enzyme raw materials sold to diagnostic kit manufacturers, clinical laboratories, and contract manufacturers. The market is shaped by regulatory/quality requirements (IVDR/FDA) and demand for high-purity, lot-to-lot consistent enzyme supplies.

Market Outlook

  • Industry Growth Overview: The growth in the demand for accurate and rapid diagnostics for infectious and chronic diseases is driving the industrial growth of the IVD diagnostic molecule raw enzymes market. At the same time, the growing shift towards personalized medicine and advancements in molecular diagnostics, such as PCR and NGS, are also contributing to this growth.
  • Sustainability Trends: The sustainability trends in the market are increasing due to the growing use of more resource-efficient, greener, and less hazardous manufacturing processes, such as advanced biocatalysis. The companies are developing more stable, animal-free reagents and optimizing supply chains to reduce waste, energy consumption, and packaging.
  • Major Investors: The established life sciences companies, venture capital firms, and private equity groups that fund smaller innovative biotech startups specializing in advanced molecular diagnostic components are the major investors in the IVD diagnostic molecule raw enzymes market. Moreover, companies like Thermo Fisher Scientific, Merck KGaA, and Roche Diagnostics are expanding their enzyme and raw material portfolios.
  • Startup Ecosystem: The growing focus on point-of-care testing, molecular diagnostics, and personalized medicine is enhancing the startup ecosystem, where they are developing novel, highly stable, and specific enzyme formulations of next-generation diagnostic technologies. Additionally, Alphazyme, Fapon Biotech, Microbix Biosystems, Voxtur Bio, etc, are the startups contributing to the market growth.

Why the AI Technological Shifts Increasing in the Market?

The use of AI in the IVD diagnostic molecule raw enzymes market is increasing as it helps in accelerating the bioengineering and discoveries of the enzymes. With the use of AI algorithms, the stability, specificity, and activities of these enzymes can be enhanced, which provides improved and accurate diagnosis of diseases. Moreover, the performance of these enzymes can be predicted using AI, which also facilitates their optimization and high-throughput screening. Additionally, it is also being used to identify their binding properties, active sites, and structure.

Segmental Insights

Which Enzyme Type Segment Held the Dominating Share of the Market in 2024? 

By enzyme type, the polymerase & transcriptase segment held the dominating share of 42.65% in the IVD diagnostic molecule raw enzymes market in 2024, as they were essential for nucleic acid amplification tests (NAATs). They also provided fast results, which enhanced their use in point-of-care diagnostics. At the same time, the growth in infectious diseases increased their use.

By enzyme type, the proteases segment is expected to show the highest growth during the predicted time. They are being used in molecular diagnostics as well as immunoassays. Moreover, their ability to process complex samples is increasing their use in cancer diagnostics and liquid biopsy.

How Infectious Diseases Segment dominate the Market in 2024?

By application type, the infectious diseases segment led the IVD diagnostic molecule raw enzymes market with a 45.5% share in 2024, due to a growth in their incidence rates. This increased the demand for accurate and rapid diagnostics. This, in turn, increased the use of PCR techniques, which contributed to the increased demand for IVD diagnostic molecule raw enzymes.

By application type, the oncology segment is expected to show the fastest growth rate during the predicted time. The growing cancer burden and awareness are increasing their early diagnosis, enhancing the use of IVD diagnostic molecule raw enzymes. Furthermore, they are also used for genetic testing and precision medicine development.

What Made the Polymerase Chain Reaction (PCR) the Dominant Segment in the Market in 2024?

By technology type, the polymerase chain reaction (PCR) segment held the largest share of 50% in the IVD diagnostic molecule raw enzymes market in 2024, driven by their high sensitivity and specificity. Moreover, they also provided fast and accurate results, which increased their use. This increased their use for a wide range of disease testing.

By technology type, the enzyme-linked immunosorbent assay (ELISA) segment is expected to show the highest growth during the upcoming years. Their use in the immune-based diagnostics and other disease detection is increasing due to their high sensitivity and specificity. They are also being used in multiplex testing, driving the use of various enzymes.

Why Did the Hospitals & Diagnostic Laboratories Segment Dominate in the Market in 2024?

By end user, the hospitals & diagnostic laboratories segment led the global IVD diagnostic molecule raw enzymes market with 42% share in 2024, due to the large volume of patients. This, in turn, increased the use of various technologies for the accurate detection of different types of diseases. This increased the demand for IVD diagnostic molecule raw enzymes.

By end user, the biotech & pharmaceutical companies segment is expected to show the fastest growth rate during the upcoming years. The demand for IVD diagnostic molecule raw enzymes is increasing in these companies due to the growing development of companion diagnostics. Moreover, they are also being used for biomarker identification, proteomic, and genomic testing.

Regional Insights

IVD Diagnostic Molecule Raw Enzymes Market Share, By Region, 2024 (%)

Advanced Healthcare Drives North America

North America dominated the IVD diagnostic molecule raw enzymes market with 45.9% in 2024, due to the presence of a well-developed healthcare infrastructure. This increased the use and innovation of various diagnostic platforms, which increased the demand and use of IVD diagnostic molecule raw enzymes. Moreover, the growth in R&D investments supported their utilization, and the growing number of patients enhanced their use, which contributed to the market growth.

Advanced Healthcare System Drives the U.S. Market

The U.S. consists of an advanced healthcare system, which is increasing the use of IVD diagnostic molecule raw enzymes to deal with the growing demand for diagnostics. Additionally, the growing industrial and institutional investments and funding are encouraging their innovations. At the same time, the growth in molecular diagnostics is driving the development of these enzymes, along with the utilization of advanced technologies such as AI, enhancing the IVD diagnostic molecule raw enzymes market growth.

For instance,

  • In April 2025, a total of $7.5 million in Series A funding was secured by a WA-based AI-powered digital pathology solutions provider, which is Gestalt Diagnostics, where the funding will be used for scaling its digital pathology solutions, AI enhancements, broader market adoption, and FDA clearance efforts.
  • According to estimates for 2024, there will be approximately 2 million new cases of cancer diagnosed in the U.S. Significant infectious disease outbreaks in 2024 included measles and dengue fever, with the Centers for Disease Control and Prevention (CDC) also responding to new global threats, such as a case of Clade I mpox in the U.S.

Asia Pacific Driven by Growing Disease Burden

Asia Pacific is expected to grow at the fastest CAGR in the IVD diagnostic molecule raw enzymes market during the forecast period, driven by growing incidences of infectious and chronic diseases, which are increasing the use of IVD diagnostic molecule raw enzymes. The expanding healthcare is increasing the adoption of advanced technologies, enhancing R&D, and growing investments. Thus, all these advancements are promoting the market growth.

What are the India Market Trends?

The growing disease burden is increasing the use of IVD diagnostics, which is increasing the demand for IVD diagnostic molecule raw enzymes. At the same time, the growing government initiatives are supporting and encouraging their innovations. Additionally, the growing awareness is increasing the use of various diagnostic platforms, where the demand for molecular diagnostics and point-of-care diagnostics is increasing, contributing to the growth in the use of the enzymes. Therefore, these factors amplify the IVD diagnostic molecule raw enzymes market growth.

For instance,

  • In August 2025, the draft standard protocols for the evaluation of In-Vitro Diagnostics (IVDs) devices' quality and performance for issuing licenses were introduced by the collaboration between CDSCO and the Indian Council of Medical Research (ICMR). This draft consists of a field evaluation protocol and performance evaluation standards for 15 types of IVDs.
  • For 2024, India recorded over 1.5 million cancer cases, with 874,404 estimated deaths. Major infectious disease concerns persisted, including dengue, malaria, and Zika virus outbreaks. India also notably eliminated Trachoma as a public health problem. 

Stringent Regulatory Standard Boosts Europe

Europe is expected to host a significantly growing IVD diagnostic molecule raw enzymes market during the forecast period, due to the strict regulatory standards imposed by the regulatory bodies and government. This, in turn, is increasing the use of higher-quality IVD diagnostic molecule raw enzymes for molecular diagnosis. Additionally, their growing innovations and applications in precision medicine development are also enhancing the market growth.

Growing R&D is Driving the Germany Market

The growing research and development supported by the government and private investments are driving the IVD diagnostic molecule raw enzymes market growth. At the same time, the growth in chronic diseases is increasing the use of various IVD diagnostic kits, which is increasing the use and production of these enzymes. Moreover, the presence of strict regulations is promoting the development of enhanced specificity, sensitivity, activity, quality, and safe enzymes.

For instance,

  • In October 2024, €681 million was raised by Medix Biochemica, which is a leading provider of essential raw materials for the in vitro diagnostics (IVD) industry. The capabilities of the company in the development of innovative diagnostic reagents, elevation of custom services, and expansion of its biospecimen offerings will be supported by these investments.

Market Value Chain Analysis

R&D

The bioengineering of the novel enzymes with improved specificity, catalytic efficiency, and stability to support advanced molecular diagnostics techniques such as next-generation sequencing and point-of-care testing is the focus of the R&D of IVD diagnostic molecule raw enzymes. 

Key Players: Merck KGaA, QIAGEN, Thermo Fisher Scientific, Danaher Corporation, F. Hoffmann-La Roche.

Clinical Trials and Regulatory Approvals

The clinical trials and regulatory approval of the IVD diagnostic molecule raw enzymes depend on their analytical performance validation, quality system controls, and documented performance data, ensuring their safety and effectiveness in the completed diagnostic product.

Key Players: Merck KGaA, QIAGEN, Thermo Fisher Scientific, Danaher Corporation, F. Hoffmann-La Roche.

Formulation and Final Dosage Preparation

The formulation of the IVD diagnostic molecule raw enzymes includes the combining of enzymes with stabilizing agents and buffers to preserve their activity throughout their storage, while their final dosage involves reconstituting freeze-dried or lyophilized enzyme powder with diluent just before their use.

Key Players: Merck KGaA, QIAGEN, Thermo Fisher Scientific, Danaher Corporation, F. Hoffmann-La Roche.

Patient Support and Services

The manufacturers of the IVD diagnostic molecule raw enzymes provide patient support and services, such as providing clinical context and interpretation of the test results.

Key Players: Merck KGaA, QIAGEN, Thermo Fisher Scientific, Danaher Corporation, F. Hoffmann-La Roche.

Top Vendors and Their Offerings

  • Thermo Fisher Scientific: The company provides different types of enzymes, such as T4 DNA ligase, DNase I, RNase-free, AcTEV Protease, etc.
  • Merck KGaA (Sigma-Aldrich): The company provides raw enzymes for PCR techniques, which include KOD Xtreme Hot Start DNA Polymerase, KOD Hot Start DNA Polymerase, KOD DNA Polymerase, Nova Taq Hot Start DNA Polymerase, and Nova Taq DNA Polymerase.
  • F. Hoffmann-La Roche (Roche): The company offers enzymes such as,  
    FastStart™ Taq DNA Polymerase, dNTPack, Taq DNA Polymerase, SP6 RNA Polymerase, T3 RNA Polymerase, Tth DNA Polymerase, and Uracil-DNA Glucosylase.
  • Promega Corporation: Products such as DNase I, Ribonuclease H, Alkaline Phosphatase, Calf Intestinal, DNA Polymerase I, Exonuclease III, RQ1 RNase-Free DNase, etc., are provided by the company.
  • Agilent Technologies: The company provides different types of enzymes, such as DNA polymerase, ligases, nuclease inhibitors, nucleases, and RNA polymerases for PCR.

Which are the Top Companies in the Market?

  • New England Biolabs (NEB)
  • QIAGEN
  • Bio-Rad Laboratories
  • Takara Bio 
  • Aldevron
  • Codexis
  • Amano Enzyme Inc.
  • Advanced Enzymes Technologies Ltd.
  • Biocatalysts Ltd.
  • Enzo Life Sciences
  • MP Biomedicals
  • BBI Solutions
  • EKF Diagnostics
  • Medix Biochemica
  • Canvax Biotech

What are the Recent Developments in the Market?

  • In October 2025, a comprehensive clinical research service was launched for the global In-Vitro Diagnostic Device (IVD) and Medical Device manufacturers by Reghelps SRC, which is a Contract Research Organization (CRO) present in India.
  • In July 2025, for a multi-gram quantity of LineaDNA, a seventh follow-on order for more than $600,000 was secured by Applied DNA Sciences, Inc., which is a synthetic DNA manufacturing company powered by scalable PCR platforms. This LineaDNA will be used in a cancer diagnostic test as a functional component.

Segments Covered in the Report

By Enzyme Type 

  • Polymerase & Transcriptase
  • Proteases
  • Ribonuclease
  • Others

By Application

  • Infectious Diseases
  • Oncology
  • Cardiology
  • Others

By Technology 

  • Polymerase Chain Reaction (PCR)
  • Enzyme-Linked Immunosorbent Assay (ELISA)
  • Others

By End-User 

  • Hospitals & Diagnostic Laboratories
  • Biotech & Pharmaceutical Companies
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

Tags

  • Last Updated: 24 October 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The IVD diagnostic molecule raw enzymes market in 2025 is valued at USD 2.56 billion and is projected to climb to USD 4.73 billion by 2034, with a CAGR of 7.13% over the forecast period.

North America is currently leading the IVD diagnostic molecule raw enzymes market share by 45.9% due to the presence of a well-developed healthcare infrastructure.

The IVD diagnostic molecule raw enzymes market includes five segments such as by enzyme type, by application, by technology, by end-user, and by region.

Some key players include New England Biolabs, QIAGEN, Bio-Rad Laboratories, and Takara Bio.

Growth in the oncology genetic testing is the factor that drives the market growth.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.