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Research details developments in the in vitro diagnostics market to reach US$ 87.93 billion by 2023

Medical Market Research

Prominent players in in vitro diagnostics market include Roche Diagnostics (Switzerland), Siemens Healthineers (Germany), Danaher Corporation (US), Abbott Laboratories (US), Thermo Fisher Scientific (US), Johnson & Johnson (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories (US), Sysmex Corporation (Japan), bioMérieux (France), DiaSorin (Italy), Ortho Clinical Diagnostics (US), Agilent Technologies (US), and QIAGEN (Germany)

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The global in vitro diagnostics market is projected to reach USD 87.93 Billion by 2023 from USD 68.12 Billion in 2018, at a CAGR of 5.2%. The rising demand for early and accurate disease diagnosis, increasing prevalence of infectious diseases, increasing adoption of fully-automated instruments and automation in laboratories, increasing adoption of point-of-care testing, and growing awareness of personalized medicine are the key factors driving the growth of the market.

Target Audience for this Report:

  • IVD Product Manufacturers
  • Group Purchase Organizations (GPOs)
  • OEM Manufacturers
  • Pathologists and Pathology Laboratories
  • Distributors of IVD Products
  • Hospitals and Clinics
  • Healthcare Institutions
  • Research Institutes
  • Market Research and Consulting Firms
  • Venture Capitalists and Investors

Study estimates in vitro diagnostics market size for 2018 & projects its demand till 2023.

In primary research process, various sources from both demand side & supply side were interviewed to obtain qualitative & quantitative information for report. Primary sources from supply side include various industry CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various players in market.

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In this report, In Vitro Dignostics market is divided into five major regions - North America, Europe, Asia Pacific, Latin America, & Middle East & Africa. In 2018, North America expected to account for largest share of market followed by Europe.

AsiaPacific is expected to register highest CAGR during forecast period owing to huge demand for better healthcare services; increasing incidence of chronic & infectious diseases.

Global In Vitro Diagnostics Market, by Application

  • Diabetes
  • Infectious Diseases
  • Oncology/Cancer
  • Cardiology
  • Nephrology
  • Autoimmune Diseases
  • Drug Testing/Pharmacogenomics

Premium Insights

  • In Vitro Diagnostics (IVD) Market Overview
  • Asia Pacific: Market, By Product & Service
  • Geographic Snapshot of the Market
  • Geographic Mix: In Vitro Diagnostics Market
  • Market: Developing vs Developed Markets

It analyzes opportunities and challenges in in vitro diagnostics market for stakeholders and provides in-depth competitive analysis of key players in market along with their company profiles, recent developments, and key market strategies. Report analyzes micro markets with respect to their individual growth trends, prospects, and contributions to total market.

Report forecasts revenue of market segments with respect to four main regions.

Connect for More Details for More Information “In Vitro Diagnostics/IVD Market by Product (Instruments, Reagents, Software), Technology (Immunoassay, Clinical Chemistry, Molecular Diagnostics, Hematology), Application (Diabetes, Oncology, Cardiology, Nephrology, Infectious Diseases) - Forecast to 2021” report @…hase?rname=108798 .

This report studies the in vitro diagnostics market based on product & service, technology, application, end user, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth.

Key Benefits of Buying the Report:

  • The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall in vitro diagnostics market and its segments.
  • This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies.
  • The report also helps stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.

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