Industry Research by Koncept Analytics
Global In-Vitro Diagnostics (IVD) Market: Industry Analysis & Outlook ----------------------------------------(2017-2021) October 2017
Global In- Vitro Diagnostics (IVD) Market: Industry Analysis & Outlook (2017-2021)
1
Executive Summary Diagnosis is the identification of the nature and cause of a certain phenomena. It involves two different types of testing method: in vivo and in vitro diagnostics. In-vitro diagnostics (IVDs) tests are defined as tests executed outside a patient’s body which put analytical instruments, devices, reagents, calibrators and systems to use for checking of health status or diagnosing diseases. Purpose for doing the IVD test is to prevent, effectively cure and mitigate any kind of risk and for post-treatment intensive care diseases and infections. IVD products are precisely designed and produced for collecting samples derived from the human body and scrutinizing them outside the human body. The global IVD market is segmented on the basis of product, technology used and test location. On the basis of product, this market can be divided into three sub segments; reagents, analytical instruments and accessory products. By technologies employed, it can be segmented into various sub segments; immunochemistry, SMBG, POCT, molecular diagnostics, clinical chemistry, microbiology, hematology and others. Further, depending upon test location, the market can be divided into three sub segments; labs, POC and self-test. Growth of the global IVD market is driven by several factors including rapid occurrence of infectious diseases, increasing diabetic patient base, and surge in incidences of chronic ailments. Further, growing geriatric population, rising GDP per capita and increasing healthcare expenditure per capita will act as a catalyst for market growth. Owing to the suitable demographical changes and rising disposable income coupled with improving basic infrastructure, developing regions such as Asia-Pacific and Latin America are expected to experience robust growth. However, the market growth prospects could be hindered by lack of customer adoption, lack of proper facilities and infrastructure and strict government regulations. The report “Global In-Vitro Diagnostics (IVD) Market: Industry Analysis & Outlook (2017-2021)� analyzes the development of this market, with focus on the North America, EMEA, Asia-Pacific and Latin America markets. The major trends, growth drivers as well as issues faced by the market are discussed in detail in this report. The four major players: Siemens AG., Roche Holdings AG., Abbott Laboratories and Danaher Corp. are being profiled along with their key financials and strategies for growth.
Global In- Vitro Diagnostics (IVD) Market: Industry Analysis & Outlook (2017-2021)
2
Rising incidence of chronic and infectious diseases, growth in the number of private diagnostic centers, and shift in focus from centralized laboratories to decentralized point-of-care testing are the key factors expected to drive the global IVD market for the given time period. Global IVD Market by Value (2012-2016)
Global IVD Market Forecast by Value (2017-2021)
•
The global IVD market reached US$... billion in 2016, increasing from US$... billion, registering a CAGR of …% spanning from 2012 to 2016.
•
In 2021, the global IVD market is predicted to be valued at US$... billion, growing at a CAGR of …%, spanning from 2017 to 2021.
•
In 2016, North America remained the largest market with …% share, followed by Europe/Middle East/Africa (EMEA) at …% and Asia-Pacific at …% share.
Global IVD Market by Region (2016)
Global In- Vitro Diagnostics (IVD) Market: Industry Analysis & Outlook (2017-2021)
3
Asia-Pacific is among the fastest growing IVD markets, primarily due to presence of rapidly growing economies such as China and advanced markets such as Japan. Continuously rising income, government initiatives to control disease prognosis, rising importance of early disease detection and technological advancements are likely to drive the market. North America IVD Market by Value (2012-2016)
EMEA IVD Market Forecast by Value (2016-2021)
•
In 2016, North American IVD market was valued at US$... billion and is forecasted to reach US$... billion in 2021, growing at a CAGR of …% spanning from 2016 to 2021.
•
The EMEA IVD market is expected to be valued at US$... billion in 2021. It is forecasted to grow at a CAGR of … %, spanning from 2016 to 2021.
•
In 2021, Asia-Pacific IVD market is expected to reach US$... billion, increasing from US$... billion in 2016, growing at a CAGR of nearly …% for the forecasted time period.
Asia-Pacific IVD Market Forecast by Value (2016-2021)
Global In- Vitro Diagnostics (IVD) Market: Industry Analysis & Outlook (2017-2021)
4
Contact Us:
Disclaimer
This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report. We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy.
For Report Purchase Click Below: http:// www.konceptanalytics.com/Researchreport/global-in-vitro-diagnostics-ivd-market-industry-analysis-outlook-2017-2021-2 5462.aspx
Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 T: +91-120-4130959 M: +91-9811715635 vikas@konceptanalytics.com www.konceptanalytics.com