New Study from Emergen Research a $118.44 Billion Global Market for Drug Screening by 2028

Health & Fitness / In-Vitro Diagnostics Market share / By /

In-Vitro Diagnostics (IVD) market size is expected to reach value 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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Rapid increase in geriatric population globally, rising prevalence of sedentary lifestyle-related diseases and conditions, and rise in infectious diseases rates are other factors driving revenue growth of the global market. Increase in prevalence of targeted diseases such as gastrointestinal diseases, diabetes, cardiac disorders, and cancer, is also contributing positively to global in-vitro diagnostic market revenue growth. According to International Diabetes Federation (IDF), 463 million people suffer from diabetes globally. Just over 1 in 10 Americans have diabetes and continuous increase in this number is driving demand for IVD products for rapid testing.

To know more about@ https://www.emergenresearch.com/industry-report/in-vitro-diagnostics-market

Market Taxonomy:

Chapter 1: Methodology & Scope

  • Definition and forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2:

Executive Summary

  • Business trends
  • Regional trends
  • Product trends
  • End-use trends

Chapter 3:

Industry Insights

  • Industry segmentation
  • Industry landscape
  • Vendor matrix
  • Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

  • Business Overview
  • Financial Data
  • Product Landscape
  • Strategic Outlook

Unfolding the prime factors prompting global market growth:

  • The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global In-Vitro Diagnosticsmarket into a broad product spectrum.
  • The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
  • A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.

Key participants include  include Siemens Healthineers, Roche Diagnostics, Danaher Corporation, bioMérieux, Abbott Laboratories, DiaSorin, Thermo Fisher Scientific, Inc., Ortho Clinical Diagnostics, QIAGEN, and Sysmex Corporation.

Emergen Research has segmented the global in-vitro diagnostics market on the basis of product, devices, application, technique, end-use, and region:

  • Product Outlook (Revenue, USD Billion; 2018–2028)
    • Reagents & Kits
    • Instruments
      1. Fully Automated Instruments
      2. Semi-Automated Instruments
    • Data Management Software
    • Services
  • 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
  • Technique Outlook (Revenue, USD Billion; 2018–2028)
    • Immunoassay
      1. Enzyme-Linked Immunosorbent Assay
        1. Chemiluminescence Immunoassays
        2. Fluorescence Immunoassays
        3. Colorimetric Immunoassays

 Global  In-Vitro Diagnostics Market Geographical Landscape – Synopsis:

  • The report closely studies the growth trajectory of the global In-Vitro Diagnostics market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
  • The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
  • Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.

Elucidating the competitive landscape of the Global  In-Vitro Diagnostics Market:

  • The global In-Vitro Diagnostics market report offers viable insights into the competitive spectrum of the  In-Vitro Diagnostics business sphere.
  • The report systematically profiles the company information of each market player.
  • It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
  • The study showcases the extensive product portfolios of the prominent market contenders.
  • It offers critical data & information about the product application scope and the end-user landscape.
  • The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.

Thank you for reading our report. If you have any requests for customization of the latest report, kindly get in touch with us. Our team will assist you and ensure the report is designed as per your requirements.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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