The global in-vitro diagnostics market is expected to grow from USD 62.77 billion 2017 to USD 92.62 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 5.71%.
“Geriatric population and prevalence of chronic and infectious diseases in Americas
is one of the factors largely attributing to the growth of in-vitro diagnostics market globally”
The factors attributing to the growth of the market are geriatric population and prevalence of chronic and infectious diseases in americas, growing awareness on self-testing and personalized medicine, increasing adoption automated instruments and equipment in laboratories, and increasing deployment of point-of-care testing facilities. However, some factors such as and unfavourable reimbursement may hinder the market growth. The global in-vitro diagnostics market is expected to showcase the opportunities such as development of condition-specific markers and tests, attractive companion diagnostics, and growth opportunities in emerging countries. In the near future, the market may face the possible challenges in the growth due to changing regulatory landscape, and operational limitations faced in conducting diagnostic tests. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global in-vitro diagnostics market market.
On the basis of component, the global in-vitro diagnostics market is studied across Data Management Software, Instruments, Reagents & Kits, and Services.
On the basis of technology, the global in-vitro diagnostics market is studied across Clinical Chemistry, Coagulation & Hemostasis, Hematology, Immunochemistry, Microbiology, Molecular Diagnostics, and Urinalysis.
On the basis of end user, the global in-vitro diagnostics market is studied across Hospitals & Care Providers, Laboratories, and Patient Self-Testing.
On the basis of application, the global in-vitro diagnostics market is studied across Autoimmune Diseases, Cardiology, Diabetes, Drug Testing, HIV/Aids, Infectious Diseases, Nephrology, and Oncology.
On the basis of geography, the global in-vitro diagnostics market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“Abbott Laboratories, Inc.: The potential growing player for the global in-vitro diagnostics market”
The key players profiled in the global in-vitro diagnostics market are Abbott Laboratories, Inc., Agilent Technologies, Arkray, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Biomérieux Sa, Danaher Corporation, Diasorin, Johnson & Johnson, Ortho Clinical Diagnostics, Qiagen, Roche Diagnostics, Siemens AG, Sysmex Corporation, and Thermo Fisher Scientific.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global in-vitro diagnostics market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global in-vitro diagnostics market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global in-vitro diagnostics market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global in-vitro diagnostics market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global in-vitro diagnostics market.
Summary:
Get latest Market Research Reports on In-Vitro Diagnostics . Industry analysis & Market Report on In-Vitro Diagnostics is a syndicated market report, published as Global In-Vitro Diagnostics Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update). It is complete Research Study and Industry Analysis of In-Vitro Diagnostics market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.