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In-vitro diagnostics instruments market to grow at 9.73% CAGR to 2020 according to market forecasts

Global In-vitro Diagnostics Instruments Market 2016-2020, report covers the present scenario and the growth prospects of the global in-vitro diagnostics instruments market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IVD instruments.

Global In-vitro Diagnostics Instr…Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

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This analyst forecast the global in-vitro diagnostics instruments market to grow at a CAGR of 9.73% during the period 2016-2020.

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The global IVD instruments market is expected to grow at a steady rate during the forecast period.

The factors like increasing older population rise in incidence and prevalence of chronic diseases and infections are driving the market. Cancer, tuberculosis, malaria, diabetes, and cardiovascular diseases are the main factors for the rise in diagnosed population.

In addition, increasing public awareness, rapid technological innovations, product approvals from regulatory authorities and launches are expected to positively influence the market growth over the next few years.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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Key vendors

  • Abbott Laboratories
  • Danaher
  • Roche Diagnostics
  • Siemens Healthcare
  • Thermo Fisher Scientific

Other prominent vendors

  • A&T
  • A. Menarini Diagnostics
  • Abaxis
  • Abcam
  • Accriva Diagnostics
  • Acon Laboratories
  • Affymetrix
  • Ahram Biosystem
  • AsuraGen
  • Biocartis
  • Bio-Rad Laboratories
  • CellaVision
  • Cepheid
  • Chembio Diagnostic Systems
  • Chembio Diagnostic Systems
  • Clarity Diagnostics
  • Corgenix
  • DiagCor
  • Drucker Diagnostics
  • EKF Molecular Diagnostics
  • Erba Diagnostics
  • Helena Laboratories
  • Hologic
  • Instrumentation Laboratory
  • i-Sens
  • Landwind Medical
  • Mindray
  • Nihon Kohden
  • Nipro Diagnostics
  • Randox Laboratories
  • Sekisui Medical
  • Sienco
  • Sinduri Biotec
  • Snibe Diagnostics
  • Stago
  • Trivitron Healthcare

Market driver

  • High demand for automation and integration of multiple processes driving new product development
  • For a full, detailed list, view our report

Market challenge

  • Reduction in profits for manufacturers due to the US medical device tax policies

Market trend

  • Potential opportunities for physician office laboratories (POL)

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?