In Vitro Diagnostic Testing Market Research, Insight, Forecast, Outlook & Analysis by Stratview Reports

Market & Growth Prognosis:
Analysing the market over a period of 2014-17, Stratview Research goes to the crux of the issues shaping the market and estimates the most probable future growth rate for the In Vitro Diagnostic Testing Market during the period 2018-25.
Stratview Research triangulates the market to grow at a Healthy CAGR over the next five years.

The Diverse Stand Points
The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point give better understanding of the market. The market of In Vitro Diagnostic Testing Market has been view from various perspectives such as:

Dissection by Segments
By Product: Instruments, Reagent
By Technology: Immunoassay, Clinical Chemistry, Molecular Diagnostics, Hematology, Urinalysis, Microbiology
By Application: Diabetes, Infectious diseases, Oncology, Cardiology, Nephrology, Other Diseases
By Type of Demand for Sample: Urine, Hair, Oral
By Testing Facility: Hospital Laboratories, Independent Clinical Laboratories, Drug Rehabilitation Centers, Others
By Region: North America, Western Europe, Asia-Pacific, Latin America, Rest of the World

Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.

The Burning Questions This Report Will Answer:
• How cost effective are in vitro diagnostics methods compared to POC testing?
• Is there a scope for newer technology player to enter the market (such as finger print technology, cloud based, etc)?
• Can the issue of test result reproducibility be standardized in the IVD segment?
• Which type of tests are in demand? Is it dependent on lifestyle or disease prevalence?
• Are these tests getting healthcare coverage (insurance)?
• How are the major players in the market? What role do they play in influencing the market demands?

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Non-invasive cancer testing is expected to be a hot market in 2019
In IVD market oncology is one of the most sought-after segments by the manufacturers. Non-invasive cancer testing is expected to be a hot market in 2019. Qiagen, one of the global MNC, has been pioneering the use of liquid biopsy-based companion diagnostics as a less-invasive option to complement surgical biopsies for genomic profiling of cancers. In the infectious diseases segment, most of the currently available tests detect a single pathogen, or an antibiotic resistance gene. However, if a patient presents with general symptoms of a respiratory infection, or with symptoms of a gastrointestinal infection or some other type of infection, there are several different pathogens that may have caused the infection. However, syndromic testing is soon becoming a reality where multiple pathogens can be detected, increasing the chances of detection, bringing down the cost of testing and directly impacting the DALY of patients.

Key Players
Over the years, the market has been driven by big names of IVD such as Roche Diagnostics Limited (Switzerland), Siemens Healthineers (Germany), Danaher Corporation (US), Abbott Laboratories (US), and Thermo Fisher Scientific (US) who have been bending the rules of the game. However, in recent years, there are several market disruptors who are openly challenging the monopoly of these players and determined to bring down the cost of care and introduce user friendly and cost effective services and IVD equipment in the market.

The Report Highlights:
The Research Report offers a detailed look into market, its robust growth perspective, the factors influencing the industry, the competition intensity and a peek into the future.
The following are the key features of the report:
● Strategic segmentation
● Market analysis: Growth drivers and constraints, Porter’s five forces
● analysis, SWOT analysis
● Detailed Competitive Rivalry landscaping
● Market trend and forecast analysis
● Future Growth Boulevards

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This release was published on openPR.