In Vitro Diagnostics Market by Immunoassay, Clinical Chemistry, Molecular Diagnostics, Hematology, Urinalysis Applications Analysis by North America - 55%, Europe - 25%, APAC - 10% Worldwide

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Growth in In Vitro Diagnostics market is primarily driven by increasing burden of chronic diseases (majorly due to the rising geriatric population), rising prevalence of infectious diseases, rising demand for early disease diagnosis using specialized tests, growing awareness of personalized medicine, and increasing adoption of fully-automated instruments and automation in laboratories.

In Vitro Diagnostics (IVD) is used to detect any kind of infection and diseases by taking the specimen from the human body to cure diseases or its sequelae. These in vitro diagnostics products can be instruments, reagents, or any system used for the diagnosis of diseases. Increase in incidence of chronic and infectious diseases and growth in geriatric population drive the global IVD market.

Premium Insights
4.1 In Vitro Diagnostics (IVD) Market Overview
4.2 Asia Pacific: Market, By Product & Service
4.3 Geographic Snapshot of the Market
4.4 Geographic Mix: In Vitro Diagnostics Market
4.5 Market: Developing vs Developed Markets

Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Geriatric Population and Subsequent Growth in the Prevalence of Chronic and Infectious Diseases
5.2.1.2 Increasing Adoption of Fully Automated Instruments and Automation in Laboratories
5.2.1.3 Growing Awareness on Personalized Medicine
5.2.1.4 Increasing Adoption of Point-Of-Care Testing
5.2.2 Restraint
5.2.2.1 Unfavorable Reimbursement Scenario
5.2.3 Opportunities
5.2.3.1 Development of Condition-Specific Markers and Tests
5.2.3.2 Growing Significance of Companion Diagnostics
5.2.3.3 Growth Opportunities in Emerging Countries
5.2.4 Challenges
5.2.4.1 Changing Regulatory Landscape
5.2.4.2 Operational Barriers Faced in Conducting Diagnostic Tests

In this report, global In Vitro Diagnostics market segmented by products & services, technology, application, end user, and region. Based on technology, In Vitro Diagnostics market is mainly segmented into immunoassays/immunochemistry, clinical chemistry, molecular diagnostics, hematology, clinical microbiology, coagulation & hemostasis, and other technologies.

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The global in vitro diagnostics (IVD) market is segmented based on product type, technique, application, end user, and region. Based on product type, the market is categorized into reagents, instruments, and software & services. Based on techniques, the market is segmented into immunodiagnostics, hematology, molecular diagnostics, tissue diagnostics, clinical chemistry, and other IVD techniques.

Industry Insights
6.1 Introduction
6.2 Industry Trends
6.2.1 Automation of Clinical Laboratory Techniques
6.2.2 Microfluidics-Based Poc and Loc Diagnostic Devices for Laboratory Testing
6.2.3 Rise in Number of Reagent Rental Agreements
6.3 Regulatory Overview
6.3.1 US
6.3.2 Canada
6.3.3 Europe
6.3.4 Japan
6.3.5 China
6.3.6 India
6.3.7 Indonesia
6.3.8 Russia
6.3.9 Saudi Arabia
6.3.10 Mexico
6.3.11 Brazil
6.3.12 South Korea
6.4 Vendor Benchmarking

Key Players in included on the in vitro diagnostics market are Roche Diagnostics Limited (Switzerland), Siemens Healthineers (Germany), Danaher Corporation (US), Abbott Laboratories (US), and Thermo Fisher Scientific (US) are the leading players in this market. Other players in this market are Johnson & Johnson (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories (US), Sysmex Corporation (Japan), bioMérieux (France), DiaSorin (Italy), Ortho Clinical Diagnostics (US), and QIAGEN (Germany).

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In vitro diagnostics market is categorized into infectious disease, diabetes, cancer, cardiology, nephrology, autoimmune diseases, drug testing, and others. The infectious disease segment held the largest market share in 2017 due to high prevalence of pneumonia, tuberculosis, and HIV/AIDS.

Research Coverage:
• Detailed insights on all submarkets, based on technology (immunoassays/immunochemistry, clinical chemistry, molecular diagnostics, hematology, clinical microbiology, coagulation & hemostasis, and other technologies), this can help market players to identify high growth segments in IVD market.
• The report also provides information on key players in this market and their growth strategies and recent developments. This can help the company to assess competition at global and regional levels in a better manner.

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