Press release
In-Vitro Diagnostics Market is expected to reach USD 128.8 Bn by 2029, as per Maximize Market Research.
In-Vitro Diagnostics Market, In-Vitro Diagnostics Market Scope, In-Vitro Diagnostics Market Growth,
In-Vitro Diagnostics Market Overview
Primary and secondary research suggest that condition-specific markers and tests, the growing importance of companion diagnostics, and point-of-care (POC) tests with multiplexing capabilities will offer significant growth opportunities in the future. Manufacturers in the in-vitro diagnostics market are creating and selling cost-effective kits and reagents for various medical and medicinal uses. Due to the strong healthcare industry in the area and the rise in chronic illnesses, it is expected that this region will grow its market presence in the coming years. Due to rising healthcare expenses and the rapid adoption of point-of-care testing, the United States currently dominates most of the North American market.
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The American Cancer Society approximates that almost 1.8 million new cases of cancer were diagnosed, with 606,520 cancer-related deaths in the USA in 2020. Furthermore, individuals in the United States who suffer from chronic illnesses are most commonly utilizing healthcare services. They are primarily accountable for admissions to hospitals and filling prescriptions, driving the growth of the market. Region is forecasted to be the second most dominant region in terms of market share. Europe's significant market presence is attributed to its advanced infrastructure, increasing healthcare expenses, and large number of individuals suffering from cancer and infectious illnesses.
In-Vitro Diagnostics Market Segmentation
by Product and services
Reagents
Instruments
Software And Services
by technique
Immunodiagnostics
Hematology
Molecular Diagnostics
Tissue Diagnostics
Clinical Chemistry
Others
By Application
Infectious Diseases
Cancer
Cardiac Diseases
Immune System Disorders
Nephrological Diseases
Gastrointestinal Diseases
Others
By End-User
Standalone Laboratories
Hospitals
Academic And Medical Schools
Point Of Care
Others
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In-Vitro Diagnostics Market leaders
Danaher Corporation (US)
Carlyle Investment Management L.L.C. (US)
Beckman Coulter (US)
Alere, Inc. (US)
Ortho Clinical Diagnostics (US)
Agilent Technologies (US)
Bio-Rad Laboratories (US)
Becton, Dickinson, and Company (US)
Thermo Fisher Scientific Inc. (US)
Abbott (US)
Johnson & Johnson (US)
QIAGEN (Germany)
Siemens AG (Germany)
Roche Diagnostics (Switzerland)
F. Hoffmann-La Roche Ltd (Switzerland)
BioMérieux SA (France)
DiaSorin (Italy)
Sysmex Corporation (Japan)
Arkray (Japan)
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Key questions answered in the Market are:
What was the Market size in 2023?
What is the projected demand for the In-Vitro Diagnostics Market?
Which are the factors expected to drive the Market growth?
What is the future projection for the In-Vitro Diagnostics Market?
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Key Offerings:
Past In-Vitro Diagnostics Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
In-Vitro Diagnostics Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
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