Press release
In-Vitro Diagnostics Market Worth USD 1, 02,555 million and Growing at a CAGR of 31% by 2023 and Business Players: F. Hoffmann-La Roche AG, Danaher Corporation, Abbott Laboratories…
Summary:Market Analysis:
The global In-Vitro Diagnostics Market is expected to reach a market value of USD 1, 02,555 million by 2023 from USD 64,390 million in 2017 and is expected to register a CAGR of 8.16% during the forecast period from 2018 to 2023. In 2017, the market was led by the Americas with a 39.4% share, followed by Europe with a share of 31.32%. The market growth in the Americas is attributed to the increase in the population suffering from chronic diseases.
In-Vitro Diagnostics Introduction:
In-vitro diagnostics (IVD) are medical devices, reagents, and accessories used to perform tests on samples, (e.g., blood, urine, and tissue) taken from the human body to help detect infection, diagnose a medical condition, and prevent disease. The aging population and the increasing prevalence of cancer and infectious diseases in developing countries, rising acceptance of molecular diagnostics in personalized medicines, change in lifestyle, increasing prevalence of chronic diseases, and an increasing number of private diagnostic centers drive the growth of the global in-vitro diagnostics market. Cardiovascular diseases (CVD) are considered as the biggest cause of death globally with an estimated 17.7 million deaths by CVD in 2015, representing 31% of all the global deaths as per the World Health Organization (WHO) statistics.
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Competitive Landscape: F. Hoffmann-La Roche AG, Danaher Corporation, Abbott Laboratories, Siemens, and Thermo Fisher Scientific etc.
The Scope of the Report:
Market Restraints: The global in-vitro diagnostics market has been segmented based on products and services, technology, application, end user, and region.
Market Segmentation:
By Product and Service: Reagents & Kits, Instruments, Data management software
By Applications: Infectious Diseases,Non-infectious diseases
If you are interested in the Global In-Vitro Diagnostics Market or intend to be, then this market study will provide you comprehensive Industry outlook. This vital you keep your market knowledge up to date segmented by major Business players and World main regions
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Study Objectives of this In-Vitro Diagnostics Market
•To provide a comprehensive analysis of the in-vitro diagnostics industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
•To provide detailed insights into factors driving and restraining the growth of the global in-vitro diagnostics market
•To estimate the market size of in-vitro diagnostics from 2015 to 2023 for different regions. Wherein, 2015 to 2016 would be the historic period, 2017 shall be the base year, and 2018 to 2023 will be the forecast period for the study
•To analyze the global in-vitro diagnostics market, on the basis of four main geographies, namely, the Americas, Europe, Asia-Pacific, and the Middle East and Africa
•To compare products with respect to various players in the market
•To provide country-wise market value analysis for various segments of the in-vitro diagnostics market
•To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
•To provide distribution chain analysis/value chain for the in-vitro diagnostics market
Target Audience
View Compete TOC of In-Vitro Diagnostics Market and Business Players:
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