The “In-Vitro Diagnostics or IVD Market Report – Forecast Up To 2023” Published by Market Research Future. Report include in-depth analysis by industry experts, report gives detailed information of market size, recent trends, share and growth rate.
In vitro Diagnostic (IVD), are medical devices, reagents and accessories used to perform tests on samples, (e.g., blood, urine and tissue) taken from the human body. The Global In-Vitro Diagnostics Market is expected to grow at a CAGR of 6.5% during forecasted period 2018-2023.
There are number of factors driving growth of the market – aging population, notably cancer and infectious disease in developing countries. Rising acceptance of molecular diagnostics in personalized medicine, increasing prevalence of lifestyle and chronic diseases, increasing number of private diagnostic centers.
According to WHO, it is the second most common type of cancer in women. Every year 200,000 new cases are diagnosed worldwide and this number is continuously increasing. Prevalence of breast cancer is more common in developed countries compare with developing countries. Moreover, adoption of unhealthy lifestyle, exposure to harmful radiation, increasing geriatric population and increasing governmental initiatives also contributed in the growth of the market.
Key Players for Global In-Vitro Diagnostics or IVD Market
Abbott (US), F. Hoffmann-La Roche Ltd (Switzerland), Biomérieux (France), Ortho Clinical Diagnostics (US), Johnson & Johnson (US), Siemens Healthcare GmbH (Germany), Sysmex (japan), Becton Dickinson (US), Thermo Fisher Scientific Inc. (US), Accelerate Diagnostics (US), Hycor Biomedical (US), Diagnostic Biosystems (US), Eurogentec (Belgium), Orgentec Diagnostics (US), Immunarray PVT. LTD (US), Werfen Group (Spain), Danaher Corporation (US), Bio-Rad Laboratories INC (US), Stago Diagnostica (France), Alere Inc (US), and Others.
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Regional Analysis for Global In-Vitro Diagnostics or IVD Market
On the regional basis, the market is segmented into America, Europe, Asia Pacific and Middle East and Africa.
America dominates the Global market for In-Vitro Diagnostics. Increasing demand for the advanced techniques and In-Vitro Diagnostics and higher expenditure are the major factors for growth of the America market.
Europe records the second largest market share followed by Asia Pacific. Asia Pacific is fastest growing market. Due to increasing prevalence of chronic diseases, increasing number of private diagnostic centers are driving forces for growth of the market. Lack of proper reimbursement policies in the developing countries and strict FDA regulations are the main restraints for the growth of the IVD market.
On the other hand, in the Middle East and Africa, blood disorders have become a huge problem due to limited screening, ignorance of diseases, and poor access to treatment.
Some Brief Table of Contents of Report
Chapter 1 Report Prologue
Chapter 2 Introduction
2.2 Scope Of Study
2.3 Research Objective
Chapter 3 Research Methodology
3.2 Primary Research
3.3 Secondary Research
Chapter 4 Market Dynamics
4.5 Macroeconomic Indicators
Chapter 5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Bargaining Power Of Suppliers
LIST OF TABLES
Table 1 In-Vitro Diagnostics Industry Synopsis, 2017-2023
Table 2 Global In-Vitro Diagnostics Market Estimates And Forecast, 2017-2023, (USD Million)
Table 3 Global In-Vitro Diagnostics Market By Region, 2017-2023, (USD Million)
Table 4 Global In-Vitro Diagnostics Market By Type, 2017-2023, (USD Million)
Table 5 Global In-Vitro Diagnostics Market By Applications, 2017-2023, (USD Million)
Table 6 Global In-Vitro Diagnostics Market By End Users, 2017-2023, (USD Million)
Table 7 North America In-Vitro Diagnostics Market By Type, 2017-2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global In-Vitro Diagnostics Market
Figure 3 Segmentation Market Dynamics For In-Vitro Diagnostics Market
Figure 4 Global In-Vitro Diagnostics Market Share, By Type 2016
Figure 5 Global In-Vitro Diagnostics Market Share, By Applications 2016
Figure 6 Global In-Vitro Diagnostics Market Share, By End Users, 2016
Figure 7 Global In-Vitro Diagnostics Market Share, By Region, 2016
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