India In-Vitro Diagnostics (IVD) Market Outlook 2024, Global Opportunity And Demand Analysis, Market Forecast, 2016-2024

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India In-Vitro Diagnostics Market Outlook
India In-Vitro Diagnostics Market Outlook 2024
Opportunity Growth Analysis, 2016-2024
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India In-Vitro Diagnostics Market Size (USD
Billion)-2016-2024
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Sample
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• IVD Market is anticipated to expand at a
  compound annual growth rate of XX during the
  forecast period i.e. 2016-2024. Further, in-vitro
  diagnostics devices sales increased from XXXX
  units in 2015 to XXXX units in 2016.
• In-vitro diagnostics is an important segment in
  India healthcare industry. The marketplace is
  witnessed rapid growth supported by advancements
  in technologies, evolvement of new tools,
  improvement in disease monitoring, higher demand
  of OTC tests, increased prevalence of infectious
  and other diseases like oncology, cardiovascular
  etc. 
• Traditional biosensors like glucose meters and
  glycohemoglobin test kits are commonly used
  for In Vitro Diagnosis of the disease and
  long-term management of diabetes. The increasing
  prevalence of diabetes and the demand for the
  diagnostic tests helps to drive the market and to
  go for new RD in this sector to develop
  innovative products
• More than XX of in-patients are ready to adopt
  In-vitro diagnostics due to their advantages such
  as cost effective diagnosis, ease of use and fast
  results. Moreover, the rising demand for portable
  In-vitro diagnostics in healthcare facilities
  across India is one of the major reason which is
  bolstering the growth of India In-vitro
  Diagnostics market.

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India In-Vitro Diagnostics Market Outlook
Fig 17 India In-Vitro Diagnostics Market Y-O-Y
Growth, 2016-2024
India In-Vitro Diagnostics Market Size USD
(Billion). 2016-2024
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Source Goldstein Research
Source Goldstein Research
In 2016, Immunochemistry accounted for the
highest market share XX in India In-Vitro
Diagnostics Market
India In-Vitro Diagnostics market is growing at
XX Y-O-Y and XX CAGR
India IVD Market Share(), By End-Users-2016
India In-Vitro Diagnostics Market Share(), By
Product Services-2016
India In-Vitro Diagnostics Market Share(), By
Modality-2016
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India In-Vitro Diagnostics Market Outlook
Sample Report

• India IVD market size was worth USD XX billion in
  2016 and is expected to hit about USD XX billion
  by 2024. This increase in market is attributed to
  the increased demand of promising and novel
  diagnostics technologies, increased numbers of
  geriatric population and increasing awareness
  among the population regarding the early
  diagnosis of life threatening diseases.
• Overall the IVD market is dominated by six key
  players Roche Diagnostics, Abbott Diagnostics,
  Siemens, Johnson Johnson Medical Devices and
  Diagnostics, Beckman Coulter and BioMerieux.
  Smaller players tend to be highly specialized, as
  in the broader IVD market a lack of product
  differentiation makes scale economies essential.
• Around 2025 of the sectors revenue generation
  capability comes from exposure to industrial (as
  opposed to clinical) end markets such as food
  testing, which often carries greater
  macroeconomic sensitivity
• India poct market is estimated to be worth in
  excess of USD XX billion annually with growth
  estimated at XX per annum. This is dominated by
  over-the-counter self-testing (USD XX billion),
  which is largely glucose testing and home
  pregnancy tests professional POC testing is
  estimated to be worth in the country of USD XX
  billion annually, again dominated by glucose
  testing, with infectious disease testing
  comprising USD XX million annually.
• The molecular diagnostics market at between USD
  XX and USD XX billion in annual India sales
  amounting to approximately XX of the overall IVD
  market. With compounded annual growth estimated
  at XXXX between 2016 and 2024, molecular
  diagnostics is thought to be the fastest growing
  segment of the IVD market in the coming years.

Growing IT Healthcare
Sample
Rising inpatients
Rising Diagnostic Laboratories
Rise in diabetic population
India In-Vitro Diagnostics Market Size (USD
Billion), By Modality 2016-2024
Immunochemistry
Hematology
USD XX Billion
2016
USD XX Billion
Advancement in In-Vitro Diagnostics
2024
USD XX Billion
USD XX Billion
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• Market Growth Induced By Clinical Growth, By
  Numbers
• Even though 2015 and 2016 experienced slow growth
  in the IVD market over the past decade , experts
  predict the market will turnaround by 2014 and to
  reach annual growth of XX by 2018.
• Commercial labs not focused exclusively on
  molecular tests, for large companies, molecular
  testing accounts for about XX percent of total
  revenues, so it's not as material as routine
  clinical testing. Molecular reimbursement rates
  that indicate that the cut in 2017 will be about
  XX percent on average, which is still a
  significant number, but better than the initial
  XX cut in 2015.
• As the healthcare field continues to navigate
  uncertain and difficult terrain, companies that
  provide new tools for clinical labs must move
  swiftly to stay on top of emerging technologies
  and the latest clinical developments.
• A rise in the number of insured in India will
  likely be compounded with other factors to revive
  the IVD market a recovering economy, an aging
  population, and a rising middle class will
  combine to lift volumes and sales.
• An emphasis on overutilization of testing and
  treatments, as well as a shift to a bundled
  payment model and accountable care organizations,
  could take away incentives that existed for
  unnecessary testing, and this will have an impact
  on volumes.

Sample

• Impact Analysis-
• Government funding for the advancement in
  healthcare sector and initiatives to promote
  healthcare across the globe is expected to
  positively impact on the growth of In-vitro
  diagnostics market.
• Increase in aging population and focusing on
  fitness healthy lifestyle is predicted to rise
  the In-vitro diagnostics market.

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India In-vitro Diagnostics Market Size () - By
Clinical Chemistry, 2015-2016

• India chemical chemistry and instrumentation
  market was evaluated to be USD XX billion in the
  year 2016 and is relied upon to grow XX from
  2016 to 2024 to reach USD XX billion.
  Spectrometry section has the biggest offer (XX)
  trailed by chromatography (XX) in the year 2016.
  The spectrometry market is driven by the coupling
  of mass spectrometry with chromatography
  techniques, growing XX from 2012 to 2017.
• Factors such as growing pharmaceutical RD
  ventures, expanding food safety concerns,
  availability of public and private funding for
  life science research studies, innovative
  advancements in analytical instruments, and
  stringent drug development controls are
  propelling the development of the life science
  instrumentation market.

Sample
Source Goldstein Research
India In-vitro Diagnostics Market Y-O-Y ()
Growth Analysis, By Clinical Chemistry, 2015-2016
Source Goldstein Research
India In-Vitro Diagnostics Market, By Clinical
Chemistry -2016
Source Goldstein Research
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Abbott (Company Overview Business Strategy)
Sample Report
Founded 1888
Website www.abbott.com
Employees 94,000
Headquarters U.S.
Major Products
Health and Dietary supplements
Starlims (Integrated Solutions)
Blood Glucose Monitoring Systems
I-Stat Systems
Chemistry Analyzers
Company Overview

• Abbott Laboratories, is an American multinational
  company engaged in development and manufacturing
  of health care products.
• The Company operates through three geographic
  segments Americas Europe and Asia Pacific
  region.
• Abbott Laboratories is traded on NYSE stock
  exchange, America
• The company also provides generic
  pharmaceuticals, medical devices and nutrition
  products.
• Abbott Point-of-Care manufactures diagnostic
  devices for blood analysis, that provides health
  care professionals diagnostic information at the
  point of patient care.
• Abbott also provides cloud services to manage
  system infrastructure without additional hardware
  purchase and software installation.

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well-defined ideas and clear cut forecasts.
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