In Vitro Diagnostics (IVDs) Market - Global Industry Analysis, Size, Share, Trends and Forecast, 2017 – 2023

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In Vitro Diagnostics (IVDs) Market - Global
Industry Analysis, Size, Share, Trends and
Forecast, 2017 2023
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The report on In Vitro Diagnostics Market by test
location (Central lab, Point of Care and
Self-test/OTC), by region (North America,
Europe, Asia Pacific and rest of the world)
trends analysis and forecasts up to 2023 studies
the market sizes, key trends and opportunities in
the main geographies such as North America,
Europe, Asia-Pacific, Rest of the World.
According to the report the Global In Vitro
Diagnostics Market is projected to grow at a
CAGR of 6.0 in terms of value over the period of
2017-2023. The growth in the world market is
primarily driven by significant contribution by
North America (Leading region) region to this
market. Get Sample Copy of this Report-
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IVD is an important segment in the global
healthcare industry. The marketplace is
witnessing rapid growth fuelled by technological
advancements, better diagnostic tools, and
improved treatment monitoring, and increased
availability of over-the-counter tests. IVDs add
significant value to treatment processes and
medical diagnoses, enhancing the well-being of
the general public. One of the key driving
factors for this market include increasing demand
for infectious disease testing because new
pathogen strains develop each year such as in
seasonal influenza and H1N1. Additionally,
hospital acquired infections, like
Methicillin-resistant Staphylococcus aureus
(MRSA), necessitate increased testing. Moreover,
increasing prevalence of chronic lifestyle
diseases, rise in demand for point-of-care
diagnostics, growth in emerging markets, and
increasing investments represent significant
growth opportunities for the in vitro
diagnostics market.
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Geographic Coverage and Analysis Geographically,
North America is the leading contributor to the
market and is expected to retain its position
during the forecast period due to the presence of
large number of players offering these products,
and large base of patients with greater
affordability. However, Asia-Pacific market is
expected to grow at a faster rate during the
forecast period. This is predominantly due to
increased healthcare awareness, technological
advancements, and growing awareness among the
population about the treatment options available
in the market. Companies profiled The company
profile section include detailed analysis of some
of the key players such as Roche Diagnostics,
Siemens Healthcare, Danaher Corporation, Bio-Rad
Laboratories, Thermo Fisher Scientific, Inc.,
Johnson and Johnson, Becton, Dickinson and
Company, Abbott Laboratories, Sysmex Corporation,
Diasorin S.P.A., etc.
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medical_devices/global_vitro_diagnostics_ivds_mar
ket
Report Highlights The report delivers a
strategic analysis of the global market for IVDs
and growth forecast for the period from 2017
2023. The scope of the report includes
competitive analysis of various market players
who are operating in the market, segmental
analysis based on type. It also covers
geographical analysis of the market with growth
forecast for the period of 2017 2023. The
Porters Five Forces analysis and value chain
analysis included in the report provides an
insight into market dynamics and industry
competition. Moreover, the report also includes
growth strategies and entry barriers to be
considered to cater to the exact business
opportunities in this market. Additionally, to
aid in strategic decision making, the report also
includes competitive profiling of leading
players, recent developments in the industry and
various business strategies adopted by them.
This report will help players in global IVDs
market to plan and implement their strategies in
different market areas such as emerging
geographies, and new technologies