In-Vitro Diagnostics Market Analysis 2018-2027: Danaher, BD, Abbott, Siemens AG, bioMérieux, Thermo Fisher Scientific, Bio-Rad Laboratories, Agilent Technologies, and Johnson & Johnson Services
The in-vitro diagnostics market is expected to witness growth at a rapid pace due to increasing geriatric population and related growth in the prevalence of chronic & infectious diseases, rising adoption of fully automated instruments & automation in laboratories, and growing awareness on personalized medicine.
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In vitro diagnostics are examinations performed on samples which include blood or tissue that have been taken from the human body. In vitro diagnostics can detect diseases or other conditions, and can be used to monitor a person's overall health to help cure, treat, or prevent diseases. Devices can range from simple tests to sophisticated DNA technology which include reagents, control materials, calibrators, kits, software, and related instruments. In vitro diagnostics may also be used in precision medicine to identify patients who are likely to benefit from specific treatments or therapies. These in vitro diagnostics can include next generation sequencing tests, which scan a person's DNA to detect genomic variations.
The report also includes the profiles of key in-vitro diagnostics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the in-vitro diagnostics market are F. Hoffmann-La Roche Ltd, Danaher, BD, Abbott, Siemens AG, bioMérieux SA, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., and Johnson & Johnson Services, Inc. among others.
North America dominated the global in-vitro diagnostics market, the largest share is attributed to the presence of government funds, rising use of molecular diagnostics in genetic disorders & cancer screening, and the presence of key players in the region during the forecast period. The Asia Pacific region is predicted to account for the fastest growth during the forecast period, due to increasing healthcare expenditure, rising number of hospitals & clinical diagnostic laboratories in India and China, increasing incidence of chronic and infectious diseases in the region.
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- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments
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