The report ?Global In Vitro Diagnostics (IVD) Market by Technology (Immunodiagnostics, Molecular Diagnostics, Clinical Chemistry) and by Product Type(Reagents, Instrument Services and Instrumentation) Outlook 2020? provides an in-depth analysis of global IVD market which is expected to reach to US$ 71.8 billion by the end of the year 2020. The report is segmented on the basis of major technologies used and product categories with detailed current and forecasted market outlook.
Growth of the industry is driven by increasing prevalence of chronic and infectious diseases, growing geriatric population, implementation of the Affordable Care Act (ACA) and rise in demand for Point of Care facilities. However, complex regulatory framework and cumbersome reimbursement policy are the major factors restraining the growth of IVD industry. Global IoT Transportation market is dominated by few major companies, of which Abbott Laboratories, Roche Holding AG, Siemens AG and Danaher Corporation have been profiled in the report.
Market Segmentation by Products
? Reagents
? Instrumentation
? Instrument Services
Market Segmentation by Technology
? Immunodiagnostics
? Clinical Chemistry
? Molecular Diagnostic
Key Vendors
? Abbott Laboratories
? Roche Holding AG
? Siemens AG
? Danaher Corporation
The report ?Global In Vitro Diagnostics (IVD) Market by Technology (Immunodiagnostics, Molecular Diagnostics, Clinical Chemistry) and by Product Type(Reagents, Instrument Services and Instrumentation) Outlook 2020? provides an in-depth analysis of global IVD market which is expected to reach to US$ 71.8 billion by the end of the year 2020. The report is segmented on the basis of major technologies used and product categories with detailed current and forecasted market outlook.
Growth of the industry is driven by increasing prevalence of chronic and infectious diseases, growing geriatric population, implementation of the Affordable Care Act (ACA) and rise in demand for Point of Care facilities. However, complex regulatory framework and cumbersome reimbursement policy are the major factors restraining the growth of IVD industry. Global IoT Transportation market is dominated by few major companies, of which Abbott Laboratories, Roche Holding AG, Siemens AG and Danaher Corporation have been profiled in the report.
Market Segmentation by Products
? Reagents
? Instrumentation
? Instrument Services
Market Segmentation by Technology
? Immunodiagnostics
? Clinical Chemistry
? Molecular Diagnostic
Key Vendors
? Abbott Laboratories
? Roche Holding AG
? Siemens AG
? Danaher Corporation
In-vitro diagnostic (IVD) tests are medical tests performed in order to perform diagnoses from assays in a test tube, or in a controlled environment outside a living organism. The diagnosis is performed by assessment of patient samples such as blood, urine, tissue, etc. IVD is mainly used for medical diagnosis and health screening. In addition to this, IVD is also used for genetic testing, genomics, self-testing, forensics, etc.
IVD market is segmented into various categories based on product type, test location, discipline and application. The market by products is broadly categorized into Reagents, Instrumentation and Instrument Services. Based on test location, the market is segmented into Central Laboratory Testing, Point of Care and OTC/ Self-testing. In terms of technological segmentation, IVD can be broadly classified into categories such as Immuno assay, Clinical Chemistry, Molecular Diagnostics, Hematology, Point of Care and Microbiology.
Global IVD Market was valued at US$ 54.7 billion in the year 2015 and is expected to reach to US$ 71.8 billion by the end of the year 2020. Growth of the industry is driven by increasing prevalence of chronic and infectious diseases, growing geriatric population, implementation of the Affordable Care Act (ACA) and rise in demand for Point of Care facilities. However, complex regulatory framework and cumbersome reimbursement policy are the major factors restraining the growth of IVD industry. Key trends prevailing in the industry includes VC funding & IPOs in IVD Market , Point-of-care (POC) Molecular test products and emergence of Targeted Genomic Therapies .
The report provides detailed market analysis of key technologies used for IVD such as Immunodiagnostics, Clinical Chemistry and Molecular Diagnostic. In addition to this detailed study is provided for IVD products such as Reagents, Instrumentation and Instrument Services. Present scenario as well as forecasted market outlook for aforementioned categories up till 2020 is covered in the report. Furthermore, key industry players have been prudently analyzed in the competitive landscape section of the report in order to provide key comparative insights.
Major industry players in the global IVD industry include Abbott Laboratories, Roche Holding AG, Siemens AG, Danaher Corporation, Thermo Fisher Scientific, Sysmex, Becton Dickinson, among others. Abbott Laboratories, Roche Holding AG, Siemens AG and Danaher Corporation are profiled herein based on attributes such as business overview, product segments, financial and business strategies. It also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global IVD market.