Trend of World In Vitro Diagnostics Technology and Market Overview

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World In Vitro Diagnostics Market - Opportunities
and Forecasts, 2014 - 2021
Published on 01 February, 2016 Number of
pages 120 Single User Price 4740
World In Vitro Diagnostics Market -
Opportunities and Forecasts, 2014 - 2021
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In vitro diagnostics (IVD) is the technique in
which medical devices and reagents are used to
examine specimens such as blood, urine, stool,
tissues and other body fluids, which are derived
from the human body to detect diseases,
conditions and infections. The tests can be
performed in stand-alone laboratory, hospital
based laboratory and point of care. Some of the
significant technologies incorporated in vitro
diagnostics include polymerase chain reaction
(PCR), microarray techniques, sequencing
technology and mass spectrometry, which are used
for test sample preparation. Incessant
innovations in IVD product design and technology
have encouraged doctors and researchers to shift
their focus from traditional diagnostic methods
to personalized medicines.
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The world in vitro diagnostics market is
estimated to garner 81.3 billion by 2022,
registering a CAGR of 4.9 over the forecast
period. Growing need of IVD testing arises due to
increasing incidences of chronic and infectious
diseases and growing geriatric population prone
to immunological disorders. Moreover, increased
application of personalised medicines and
widespread knowledge of rare diseases are
boosting the growth of IVD market. In addition,
increasing incidences of colorectal cancer,
neurological disorders, gynaecological diseases
and others would boost the adoption of IVD
devices and reagents. On the contrary, stringent
government regulations and unfavourable
reimbursement policies would limit the growth of
the market. The rising demand for technologically
advanced diagnostic devices and increased
disposable income of consumers provides huge
growth potential for IVD market.The report
segments the market across different categories
such as product type, techniques, application,
end users and geography. Based on product types,
the market is segmented into reagents,
instruments, and services software. Based on
techniques, the market is segmented into
immunodiagnostics, blood testing, molecular
diagnostics, tissue diagnostics,
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clinical chemistry and other clinical techniques.
Similarly, based on indication, the market is
further segmented into, infectious diseases,
cancer, cardiac diseases, immune system
disorders, nephrological diseases,
gastrointestinal disorders and other indications.
Based on end users, the market is categorised
into standalone laboratory, hospitals academics
medical schools and others. The geographical
breakdown and detailed analysis of each of the
aforesaid segments are included for North
America, Europe, Asia-Pacific and LAMEA.Companies
are adopting acquisition and partnership as key
development strategies in this market Roche
diagnostics, Abbott, Danaher Corporation are few
of the dominant players in the IVD market. Other
companies include Johnson and Johnson, Sysmex
Corporation, Becton Dickinson, bioMrieux, Thermo
Fisher Scientific, Inc., Ortho-Clinical
Diagnostics, Siemens AGand Alere Inc. The
comprehensive competitive analysis and profiles
of major market players mentioned above are
profiled in the report.KEY BENEFITS FOR
STAKEHOLDERSThis report provides an extensive
analysis of the current and emerging trends and
dynamics in the world IVD market.Geographically,
the world IVD market is analyzed based on various
regions such as North America, Europe,
Asia-Pacific and LAMEA.
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This report entails the detailed quantitative
analysis of the current market and estimations
from 2015 to 2022, which assists in identifying
the prevailing market opportunities.Exhaustive
analysis of the world IVD market by techniques
helps in understanding the variants of IVD
testing techniques that will gain prominence in
the future.Competitive intelligence highlights
the business practices followed by leading market
players across various geographies.SWOT analysis
enables to study the internal environment of the
leading companies for strategy formulation.IVD
MARKET KEY SEGMENTSBy Product typeReagentsInstrum
ents,Software ServicesBy TechniquesImmunodiagnos
ticsBlood TestingMolecular DiagnosticsTissue
DiagnosticsClinical ChemistryOther Clinical
TechniquesBy ApplicationInfectious
DiseasesCancerCardiac DiseasesImmune System
DisordersNephrological DiseasesGastrointestinal
DiseasesOther IndicationsBy End UsersStandalone
LaboratoryHospitalsAcademic Medical
SchoolsOthersBy GeographyNorth AmericaCanadaU.SMex
icoEuropeGermanyFranceU.K.OthersAsia-PacificIndiaC
hinaJapanAustraliaOthersLAMEALatin AmericaMiddle
EastAfrica
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World In Vitro Diagnostics Market - Opportunities
and Forecasts, 2014 - 2021
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
World In Vitro Diagnostics Market - Opportunities
and Forecasts, 2014 - 2021 and future
opportunities are provided in the report.
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Diagnostics Market Report