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Global In Vitro Diagnostics Market 2025 - Industry Research Report: Application (Immunochemistry, Hematology, Microbiology, Molecular Diagnostics, Clinical Chemistry, Hemostasis, and others), End Use (Instruments and Reagents) and Geography (North America

12-20-2017 01:24 PM CET | Health & Medicine

Press release from: ReportsWeb

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The in vitro diagnostics market is estimated to represent a global market of USD 59.78 billion by 2017 with growth rate of 6.2%. In-Vitro Diagnostics market covers the market understanding for the instruments and reagents that can be used for the diagnosis of chronic disease conditions. As per the U.S. FDA, in vitro diagnostics is defined as the types of instruments, reagents and systems which is intended to be used for the diagnosis of chronic disease conditions. This technique is intended for the detection and analysis of collected, prepared and examine specimens extracted from the human body.

In vitro diagnostics are considered under medical devices category under section 210(h) of the United States Federal Food, Drug, and Cosmetic Act. This devices are subjected to pre-market and post-market approval under the Clinical Laboratory Improvement Amendments act (CLIA '88) of 1988.

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In terms of application segment covers the market analysis for Immunochemistry, Hematology, Microbiology, Molecular Diagnostics, Clinical Chemistry, Hemostasis, and others. Products segment is divided as instruments and reagents. Reagents segment recorded highest share with more than 75% share of the total market. Growing use of reagents in IVD test tools coupled with rising usage of its drives the market growth.

Companies such as Siemens, Danaher Corporation, Roche Diagnostics, bioMérieux, and Abbott are profiles in the report. Companies are engaged in rigorous research and development initiatives to expand their presence in market. In September 2016, Danaher Corporation acquired Cepheid for more than USD 4 billion which have helped company to expand its market share in IVD market significantly. Cepheid is a leading provider of molecular diagnostics kits and tests. Danaher's president stated that the engagement with Cepheid will help company to strengthen its business into disease diagnosis segment.

Browse Complete Report at http://www.reportsweb.com/in-vitro-diagnostics-market-2014-2025

The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2016 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2017 to 2025 for every reported segment.
The years considered for the study are:
Historical Year - 2014 & 2015
Base Year - 2016
Estimated Year - 2017
Projected Year - 2025
TARGET AUDIENCE
Traders, Distributors, And Suppliers
Manufacturers
Hospitals
Government and Regional Agencies and Research Organizations
Consultants
Distributors

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Table of Content

IN VITRO DIAGNOSTICS MARKET OVERVIEW
Study Scope
Base Year
Assumption and Methodology
EXECUTIVE SUMMARY
Key Market Facts
Geographical Scenario
Companies in the Market
IN VITRO DIAGNOSTICS KEY MARKET TRENDS
Market Drivers
Impact Analysis of Market Drivers
Market Restraints
Impact Analysis of Market Restraints
Market Opportunities
Market Future Trends
IN VITRO DIAGNOSTICS INDUSTRY STUDY
Company Activity Analysis
Regulatory Framework Analysis
Value Chain Analysis
IN VITRO DIAGNOSTICS MARKET LANDSCAPE and More.

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

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Name: Sameer Joshi
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Organization: ReportsWeb
Phone: +1-646-491-9876

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