The Global In-Vitro Diagnostics market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research.
The expansion of the market is driven by higher yields compared to traditional agriculture strategies in restricted land and alternative resources, which has created a profound impact in demand. The In-Vitro Diagnostics systems comprise of a mixture of multiple technologies and thus include a particular set of system model.
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The Global In-Vitro Diagnostics Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the In-Vitro Diagnostics market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the In-Vitro Diagnostics industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2027. The report assesses the historical data and current scenario to offer accurate estimations of the In-Vitro Diagnostics market in the coming years. The global In-Vitro Diagnostics (IVD) market size is expected to reach USD 118.44 Billion at a steady revenue CAGR of 4.4% in 2028, according to latest analysis by Emergen Research. In-vitro diagnostics market revenue growth is due to increased investment in research & development in genomics and proteomics, and rising prevalence of targeted diseases.
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In-Vitro Diagnostics Market Segmentation
Product Outlook (Revenue, USD Billion; 2018–2028)
- Reagents & Kits
- Instruments
- Fully Automated Instruments
- Semi-Automated Instruments
Devices Outlook (Revenue, USD Billion; 2018–2028)
- Reusable IVD Devices
- Disposable IVD Devices
Application Outlook (Revenue, USD Billion; 2018–2028)
- Cancer
- Infectious Diseases
- Diabetes
- Gastrointestinal Disease
- Autoimmune Diseases
- Cardiac Disease
- Drug Testing /Pharmacogenomics
- HIV/AIDS
- Nephrological Disease
- Others
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Regional Segmentation
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the In-Vitro Diagnostics market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
- Siemens Healthineers
- Roche Diagnostics
- Danaher Corporation
- bioMérieux
- Abbott Laboratories
- DiaSorin
- Thermo Fisher Scientific, Inc.
- Ortho Clinical Diagnostics
- QIAGEN
- Sysmex Corporation
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the In-Vitro Diagnostics market?
What is the growth rate of the industry over the coming years?
What will be the valuation of the In-Vitro Diagnostics Market by 2028?
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