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In-Vitro Diagnostics (IVDs) Medical Device Market Projected to Exhibit Growth at a CAGR of 146630 by 2029

03-06-2023 04:59 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: LP Information

In-Vitro Diagnostics (IVDs) Medical Device Market Projected

The global In-Vitro Diagnostics (IVDs) Medical Device market size is projected to grow from US$ 102850 million in 2022 to US$ 146630 million in 2029; it is expected to grow at a CAGR of 146630 from 2023 to 2029.

The key manufacturers of In-Vitro Diagnostics (IVDs) medical devices in the world include Roche, Abbott, Danaher, Siemens Healthcare, Thermo Fisher Scientific, Sysmex and BioMerieux, among which the top three manufacturers account for more than 40% of the market share. The global production of In-Vitro Diagnostics (IVDs) medical devices is mainly distributed in China, USA and Europe, among which China is the largest production region, accounting for nearly 10% of the market share. In terms of products, the growth rate of consumables is faster than that of instruments. At present, the market share exceeds 80%. In terms of application, hospital is the first application field, with more than 50% market share, followed by laboratory.

In Vitro Diagnostic (IVD) tests are a subset of medical devices. In vitro diagnostic products are those reagents, instruments, and systems intended for use in diagnosis of disease or other conditions, including a determination of the state of health, in order to cure, mitigate, treat, or prevent disease or its sequelae. Such products are intended for use in the collection, preparation, and examination of specimens taken from the human body.

In vitro diagnostics are tests that can detect diseases, conditions, or infections. Some tests are used in laboratory or other health professional settings and other tests are for consumers to use at home.
A medical device is an in vitro diagnostic medical device (IVD) if it is a reagents, calibrator, control material, kit, specimen receptacle, software, instrument, apparatus, equipment or system, whether used alone or in combination with other diagnostic goods for in vitro use.
LPI (LP Information)' newest research report, the "In-Vitro Diagnostics (IVDs) Medical Device Industry Forecast" looks at past sales and reviews total world In-Vitro Diagnostics (IVDs) Medical Device sales in 2022, providing a comprehensive analysis by region and market sector of projected In-Vitro Diagnostics (IVDs) Medical Device sales for 2023 through 2029. With In-Vitro Diagnostics (IVDs) Medical Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world In-Vitro Diagnostics (IVDs) Medical Device industry.

This Insight Report provides a comprehensive analysis of the global In-Vitro Diagnostics (IVDs) Medical Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on In-Vitro Diagnostics (IVDs) Medical Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global In-Vitro Diagnostics (IVDs) Medical Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for In-Vitro Diagnostics (IVDs) Medical Device and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global In-Vitro Diagnostics (IVDs) Medical Device.

This report presents a comprehensive overview, market shares, and growth opportunities of In-Vitro Diagnostics (IVDs) Medical Device market by product type, application, key manufacturers and key regions and countries.

Key Questions Addressed in this Report
What is the 10-year outlook for the global In-Vitro Diagnostics (IVDs) Medical Device market?
What factors are driving In-Vitro Diagnostics (IVDs) Medical Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do In-Vitro Diagnostics (IVDs) Medical Device market opportunities vary by end market size?
How does In-Vitro Diagnostics (IVDs) Medical Device break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/529456/in%25E2%2580%2593vitro-diagnostics-ivds-medical-device-2029

Strategic Points Covered in TOC:
Chapter 1: Scope of In-Vitro Diagnostics (IVDs) Medical Device, Research Methodology, etc.
Chapter 2: Executive Summary, global In-Vitro Diagnostics (IVDs) Medical Device market size (sales and revenue) and CAGR, In-Vitro Diagnostics (IVDs) Medical Device market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: In-Vitro Diagnostics (IVDs) Medical Device sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global In-Vitro Diagnostics (IVDs) Medical Device sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global In-Vitro Diagnostics (IVDs) Medical Device market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of In-Vitro Diagnostics (IVDs) Medical Device.
Chapter 14: Research Findings and Conclusion

E-mail: info@lpinformationdata.com
Tel: 001-626-346-3938 (US) 00852-58080956 (HK) +86 136 6048 9451(CN)
Add: 17890 Castleton St. Suite 369 City of Industry, CA 91748 US
Website: https://www.lpinformationdata.com

LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what's important to you, such as publication date, price, or name.

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