In-Vitro Diagnostics (IVD) Market Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast To 2027

In vitro diagnostics (IVD) are medical devices, which require use of assays and reagents to diagnose a medical condition. Moreover, these instruments analyze body fluids and tissue samples collected from a patient.

In Vitro Diagnostics (IVD) Market was valued at $67,111 million in 2021 and is projected to reach $91,093 million at a CAGR of +8% from 2021 to 2027.

In addition, there are various types of in vitro diagnostic instruments that work on different techniques such as immunodiagnostics, tissue diagnostics, hematology, and molecular diagnostics.

Furthermore, in vitro diagnostics are employed in diagnosis of various medical conditions such as infectious diseases, cancer, cardiac disorders, and nephrological disorders.

Moreover, use and handling of in vitro diagnostics require technical expertise and thus, instruments are used in specialized medical facilities to carry out diagnosis. For instance, IVD products are used in facilities such as standalone laboratories, hospitals, and point-of care.

Key Players
Abbott Laboratories, Becton, Dickinson and Company, bioMérieux SA, Bio-Rad Laboratories, Inc., Danaher Corporation (Beckman Coulter, Inc.), F. Hoffmann-La Roche AG, Siemens AG, QIAGEN N.V., Sysmex Corporation, and Thermo Fisher Scientific, Inc.

Furthermore, the report includes detailed quantitative and qualitative analysis of the global Personal Care and Cosmetic Preservatives market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.

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In-Vitro Diagnostics (IVD) Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years.

The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The following are the major points covered in this report:
• The number of procedures performed and the average cost.
• Capital equipment replacement rate and pricing.
• Business dynamics as they relate to the market in question – Trends, drivers, constraints, and opportunities.
• New product launches, market and technological trends and innovation.
The report further elaborates with a SWOT analysis of the market, an investment viability analysis, and an investment return analysis and lays a strategic outlook for the pandemic.

Market Segmentation
By Product & Service
• Reagents
• Instruments
• Software and Services
By Technique
• Immunodiagnostics
o Enzyme-Linked Immunosorbent Assay (ELISA)
 Chemiluminescence Immunoassay (CLIA)
 Fluorescence immunoassay (FIA)
 Colorimetric Immunoassay (CI)
o Rapid Tests
o Enzyme-Linked ImmunoSpot (ELISPOT)
o Radioimmunoassay (RIA)
o Western Blot
• Hematology
• Molecular Diagnostics
o Polymerize Chain Reaction (PCR)
o Isothermal Nucleic Acid Amplification Technology (INAAT)
o Hybridization
o DNA diagnostics
o Microarray
o Others
• Tissue Diagnostics
• Clinical Chemistry
o Basic Metabolic Panel
o Liver Panel
o Lipid Profile
o Thyroid Function Panel
o Electrolyte Panel
o Specialty Chemicals
• Others
By Application
• Infectious Diseases
• Cancer
• Cardiac Diseases
• Immune System Disorders
• Nephrological Diseases
• Gastrointestinal Diseases
• Others
By End User
• Standalone Laboratories
• Hospitals
• Academic & Medical Schools
• Point-of-Care
• Others

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Regional Analysis:
• North America (The United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Scope of the report: -
• Addressing customer’s issues with the product or service.
• Assessing requirements for introducing innovation.
• Surveying success rate of innovation in market, including market testing.
The report further elaborates with a SWOT analysis of the market, an investment viability analysis, and an investment return analysis and lays a strategic outlook for the pandemic.

Reasons Why You Should Buy This Report:
• It gives a forward-looking viewpoint on changed variables driving or controlling business sector development.
• It gives an eight-year conjecture surveyed based on how the market is anticipated to develop.
• It helps in understanding the key item sections and their future.
• It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
• It helps in settling on educated business choices by having total bits of knowledge of market and by making inside and out investigation of market sections.

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This release was published on openPR.