About In Vitro Diagnostics
Companies included in In Vitro Diagnostics sector
Companies developing assays on samples such as blood or tissue that have been taken from the human body for the diagnosis of various diseases.Companies excluded in In Vitro Diagnostics sector
Traditional Diagnostic Technologies, Diagnostic Devices, In vivo Testing TechnologiesMarket Map of In Vitro Diagnostics
Reports related to In Vitro Diagnostics
In Vitro Diagnostics - Sector Report
Edition: September, 2026 (76 Pages)In Vitro Diagnostics Investor Landscape
Edition: March, 2025 (12 Pages)Top Companies in In Vitro Diagnostics
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of cell-free DNA testing for oncology, women’s health, and organ health | Redwood City (United States) | 2004 | Public | $152M | |
Developer of digital sequencing technology for cancer detection | Redwood City (United States) | 2012 | Public | $557M | |
Developer of a screening platform for circulating tumor DNA to detect cancer | Menlo Park (United States) | 2016 | Public | $2B | |
Developer of point-of-care molecular diagnostic platform for infectious disease detection | Salcete (India) | 2000 | Public | $124M | |
Developer of molecular diagnostic testing solutions | Sunnyvale (United States) | 1996 | Acquired | $19.1M |
Companies founded year-on-year in the In Vitro Diagnostics sector
19 new startups have been founded so far in 2026 in the In Vitro Diagnostics sector. 214 In Vitro Diagnostics startups were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 19 |
2025 | 26 |
2024 | 52 |
2023 | 65 |
2022 | 84 |
2021 | 111 |
2020 | 180 |
2019 | 152 |
2018 | 186 |
2017 | 214 |
Companies founded across countries in the In Vitro Diagnostics sector
United States has 1,715 In Vitro Diagnostics startups, the most by any country, followed by United Kingdom which has 288 startups and India which has 195.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 1,715 |
United Kingdom | 288 |
India | 195 |
Germany | 176 |
China | 168 |
Canada | 130 |
Israel | 125 |
Sweden | 97 |
France | 94 |
South Korea | 91 |
Stage-wise distribution of the In Vitro Diagnostics sector
Out of the total 3,963 In Vitro Diagnostics companies, 2,211 have secured funding. Among them, 959 have reached Series A or higher, and 719 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 3,963 |
Funded | 2,211 |
Series A+ | 959 |
Series B+ | 719 |
Series C+ | 619 |
- 4K+ Total Companies
- $43.8B+ Total Funding
- 2.2K+ Funded Companies
- 180+ IPOs
- 340+ Acquisitions
Funding Trends in the In Vitro Diagnostics sector
Total funding year-on-year in the In Vitro Diagnostics sector
The In Vitro Diagnostics sector saw a total funding of more than $29.4B in the last 10 years. The most amount of funding was in 2021 at more than $5.32B. There has been a total funding of $775M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $775M |
2025 | $2.36B |
2024 | $1.78B |
2023 | $1.23B |
2022 | $2.44B |
2021 | $5.32B |
2020 | $5.01B |
2019 | $3.53B |
2018 | $3.5B |
2017 | $3.44B |
Total funding across countries in the In Vitro Diagnostics sector
In the last 10 years, In Vitro Diagnostics startups in United States have recieved the highest funding among all countries - $20B. China follows with $2.11B and United Kingdom with $797M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $20B |
China | $2.11B |
United Kingdom | $797M |
Israel | $448M |
Spain | $409M |
India | $216M |
Germany | $207M |
Sweden | $193M |
France | $180M |
Switzerland | $173M |
Total funding amount raised by stage in the In Vitro Diagnostics sector
Over the last 10 years, the In Vitro Diagnostics sector have seen $690M into Seed Stage funding rounds, $8.59B into Early Stage funding rounds and $8.85B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $8.85B |
Early Stage | $8.59B |
Post IPO | $6.01B |
Grant | $1.66B |
Debt | $755M |
Seed Stage | $690M |
PE | $139M |
Recent Funding Rounds in In Vitro Diagnostics
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6110 | Sep 23, 2026 | - | |
Seed | 1320 | Sep 02, 2026 | ||
Seed | 3850 | Aug 28, 2026 | ||
Seed | 9324 | Aug 28, 2026 | and 1 more | |
Series D | 5996 | Aug 18, 2026 | and 4 more |
Top Investors in In Vitro Diagnostics
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Brussels (Belgium) | ||
Arlington (United States) | ||
M&A activity in In Vitro Diagnostics
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 14, 2026 | ||
Business Acquisition | Aug 10, 2026 | ||
Business Acquisition | Jul 20, 2026 | ||
Business Acquisition | Jun 04, 2026 | ||
Business Acquisition | May 12, 2026 |
Acquisition trends in In Vitro Diagnostics
Here are the acquisition trends in In Vitro Diagnostics:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 13 |
2025 | 14 |
2024 | 11 |
2023 | 16 |
2022 | 23 |
2021 | 32 |
2020 | 23 |
2019 | 20 |
2018 | 23 |
2017 | 24 |
IPOs in In Vitro Diagnostics
Company | IPO Date | Exchange Symbol |
|---|---|---|
Aug 17, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Feb 19, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jan 09, 2026 | Hong Kong Exchanges (HKG) | |
Nov 06, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Oct 14, 2025 | Australian Securities Exchange (ASX) |
Colleges which produce the most In Vitro Diagnostics companies
Companies founded by alumni from top colleges in the In Vitro Diagnostics sector
Most number of In Vitro Diagnostics startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and Harvard University.
College | No. of companies |
|---|---|
Stanford University | 44 |
Massachusetts Institute of Technology | 42 |
Harvard University | 41 |
University of Cambridge | 29 |
University of Oxford | 28 |
University of California (Berkeley) | 19 |
University of Pennsylvania | 19 |
Cornell University | 18 |
Harvard Business School | 18 |
Tel Aviv University | 18 |
Total funding in companies founded by alumni from top colleges in the the In Vitro Diagnostics sector
In the last 10 years, Stanford University graduates' In Vitro Diagnostics companies have raised the most funding among top colleges. University of Oxford alumni are second, and Cornell University alumni are third.
College | Total Funding |
|---|---|
Stanford University | $3.4B |
University of Oxford | $1.99B |
Cornell University | $1.7B |
Massachusetts Institute of Technology | $1.41B |
University College London | $1.35B |
Harvard University | $1.06B |
University of Cambridge | $856M |
Princeton University | $528M |
Duke University | $502M |
University of California (Berkeley) | $486M |
