In Vitro Diagnostic Market Likely to Witness Steady Growth on Account of Renewed Focus on Healthcare Services

The global in vitro diagnostic market is likely to witness steady growth rates during the forecast period, on account of a number of macro- and micro-economic factors. Increasing emphasis on boosting the healthcare infrastructure, combined with rapid advances in the field of in vitro diagnostics are the other key factors that are likely to fuel market growth during the forecast period. These insights are according to a new research report, titled “In Vitro Diagnostics Market (Clinical Chemistry, Immunoassay, Diabetes Testing, Blood Testing, Molecular Diagnostics) - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018” that has been added to the repository of Market Research Reports Search Engine (MRRSE).

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The report begins with a preface and executive summary that offer readers qualitative and quantitative analysis on the highlights of the market. This section of the report serves as a primer to readers introducing them to the key aspects of the report. These two sections are followed by a market overview, which helps readers in understanding the current and historical market scenario. The market dynamics are discussed in detail, with key analysis and insights offered on the drivers, restraints, opportunities, and threats that are impacting the global market for in vitro diagnostics.

Increase in the patient pool across the world, especially in Asia Pacific and Latin America has increased the potential market opportunities for companies engaged in the manufacture of in vitro diagnostic tools. Increase in the prevalence of communicable and chronic diseases are the other factors that are likely to boost demand for in vitro diagnostic tools among end-users.

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A key trend impacting the global in vitro diagnostic market has been the increasing preference for non-invasive procedures among end-users. Manufacturers are making the required adjustments to their product portfolio, with non-invasive in vitro tools accounting for a significant percentage of total manufacturing. Although the outlook on in vitro diagnostic market remains positive, reimbursement challenges, combined with uncertain and ambiguous regulatory environment can impede market growth during the forecast period.

The report offers analysis and valuable guidance on key in vitro diagnostic market, including clinical chemistry, blood testing, molecular diagnosis, immunoassay, and diabetes testing. Use of in vitro diagnostic tools in these procedures has been analyzed, with information about total sales and revenue offered to the readers. In a bid to give readers complete insights on the competitive scenario, the report has profiled some of the leading players in the global in vitro diagnostic market. Some of the leading players include Bayer AG, Alere Inc., Becton Dickinson and Company, Abbott Laboratories Inc., Gen-Probe Incorporated, Siemens Healthcare (a division of Siemens AG), Beckman Coulter Inc., Life Technologies Corporation, Danaher Corporation, Johnson and Johnson, Biomerieux SA, Thermo Fisher Scientific Corporation, and F. Hoffmann-La Roche Ltd.

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