A novel report on global In Vitro Diagnostics (IVD) market has been recently published by Reports and Data that offers a comprehensive overview of the overall market scenario along with emerging market trends. The global In Vitro Diagnostics (IVD) market is expected to be valued at USD, with a CAGR of over the forecast period of 2021-2028. The report provides details information of market size, market trends, drivers, restraints, growth opportunities and challenges. The report is curated using various analytical tools such as SWOT analysis and Porter’s five force analysis to help user understand about current market dynamics and the data is well-presented using charts, diagrams, graphs and other pictorial presentations.

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Market Dynamics:

The pharma and healthcare sector has significantly advanced in the recent years and is expected to register steady revenue growth over the forecast period owing to rapid innovations in medical technology, increasing investments, rising healthcare expenditure and high adoption of advanced products and systems. Factors such as rising prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and neurological disorders across the globe, rising cases of coronavirus, improving healthcare infrastructure and research facilities, and increasing adoption of remote patient monitoring services and home care settings are expected to fuel global market revenue growth over the forecast period. In addition, increasing number of hospitals and ambulatory care centers worldwide, high demand for personalized medicine, increasing investments in drug discovery and growing investments by public and private sectors are expected to drive global market growth in the coming years.

Competitive Landscape:

The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product & service portfolio. The In Vitro Diagnostics (IVD) market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.

Leading companies operating in the market are:

• Abbott Laboratories
• Danaher Corporation
• Bio-Rad Laboratories, Inc.
• bioMérieux S.A.
• Thermo Fisher Scientific
• Agilent Technologies, Inc.
• Hoffmann-La Roche Ltd.
• Becton, Dickinson and Company
• DiaSorin S.p.A.
• Ortho Clinical Diagnostics
• Sysmex Corporation
• Qiagen N.V.
• Siemens Healthineers AG
• Quidel Corporation
• Charles River Laboratories International, Inc.
• Quest Diagnostics

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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:

In Vitro Diagnostics (IVD) Market Segmentation:

Product Type Outlook (Revenue, USD Billion; 2018-2028)

• Reagents
• Instruments
• Software and Services
• Others

Technology Type Outlook (Revenue, USD Billion; 2018-2028)

• Immunoassay/ Immunochemistry
• Enzyme-linked Immunosorbent Assay (ELISA)
• Radioimmunoassay
• Rapid Tests
• Western Blotting
• Enzyme-linked Immunospot Assays
• Biochemistry/Clinical Chemistry
• Molecular Diagnostics
• Polymerase Chain Reaction (PCR)
• Isothermal Nucleic Acid Amplification Technology
• Microarray
• Hybridization
• DNA Sequencing & Next-generation Sequencing
• Microbiology
• Hematology
• Coagulation/Hemostasis
• Urinalysis
• Others

Application Outlook (Revenue, USD Billion; 2018-2028)

• Infectious Diseases
• Oncology
• Endocrinology
• Diabetes
• Cardiology
• Nephrology
• Others

End-use Outlook (Revenue, USD Billion; 2018-2028)

• Laboratories
• Large/Reference Laboratories
• Medium-sized Laboratories
• Small Laboratories
• Hospitals
• Academics
• Point-Of-Care Testing
• Patient Self-Testing
• Others

Regional Outlook:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Rest of MEA

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