IVD in Vitro Diagnostics Market Size, Growth, Segmentation, Share, Forecast 2019-2025

The global in vitro diagnostics market size was valued at USD 60.8 billion in 2019 and is expected to expand to a CAGR of 6.6 % over the forecast period 2025. The development of automated in vitro diagnostic (IVD) systems for laboratories and hospitals to provide efficient, accurate and error-free diagnosis is expected to drive growth. In vitro diagnostic (IVD) testing has become an indispensable tool in clinical practice for diagnosing and monitoring disease, as well as providing prognosis and predicting treatment response. The IVD industry is growing steadily due to a variety of factors, such as increasing demand for infectious disease testing as new pathogen strains occur every year, and the high rate of infection in hospitals. Other major factors include an aging population and an increased incidence of chronic diseases at all ages in the population. Increasing demand for companion diagnostics; and growing demand for IVD products in emerging markets.

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The following players are covered in this report:

• Pfizer
• Thermo Fisher Scientific
• Abbott
• Biomerieux
• Danaher Corporation
• F. Hoffmann-La Roche
• Becton Dickinson and Company
• Bio-Rad Laboratories
• Bayer AG
• Sysmex Corporation
• Johnson & Johnson
• Hologic Inc
• NEC Corp
• Simens Healthcare

IVD in Vitro Diagnostics Market Segmentation by Type
• Reagents
• Instruments
• Software and Services

IVD in Vitro Diagnostics Market Segmentation by Applicaton

• Standalone Laboratory
• Hospitals
• Academic and Medical Schools
• Point of Care Testing
• Others

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Scope of the Report

The research study analyses the global IVD in Vitro Diagnostics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by IVD in Vitro Diagnostics Market Report

1. What was the IVD in Vitro Diagnostics Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of IVD in Vitro Diagnostics Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the IVD in Vitro Diagnostics Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.