Global In Vitro Diagnostics (IVD) Market Analysis & Trends - Industry Forecast to 2027
The Global In Vitro Diagnostics (IVD) Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include increasing demand for personalized medicine, potential opportunities for Physician Office Laboratories (POL) and rising occurrence of the chronic and infectious disorder.
Based on the Technology, the market is classified into clinical chemistry, urinalysis, microbiology, hematology, molecular diagnostics, immunoassay/immunochemistry, coagulation and hemostasis, tissue diagnostics and other In Vitro Diagnostics (IVD) technologies. Clinical Chemistry segment is further sub-segmented into liver panel, renal profile, basic metabolic panel, thyroid function panel, specialty chemical tests, electrolyte panel, lipid profile, and blood gas electrolyte analyzers. Microbiology segment is further sub-segmented into pathological culture, identification & antibiotic susceptibility testing, blood culture, and others. Hematology segment is further sub-segmented into low throughput analyzer, medium throughput analyzer, and high throughput analyzer. Molecular Diagnostics segment is further sub-segmented into microarray, polymerase chain reaction, hybridization, DNA sequencing & next-generation sequencing, isothermal nucleic acid amplification technology, blood screening, genetic diseases, and other molecular diagnostics technologies. Immunoassay/Immunochemistry segment is further sub-segmented into radioimmunoassay, western blotting, enzyme-linked immunospot assays, rapid test, and enzyme-linked immunosorbent assay. Enzyme-Linked Immunosorbent Assay segment is further sub-segmented into fluorescence immunoassays, colorimetric immunoassays, and chemiluminescence immunoassays. Other In Vitro Diagnostics (IVD) Technologies segment is further sub-segmented into flow cytometry, clinical centrifuges, and cytology.
On the basis of the product & service, the market is divided into services, reagents & kits, software and instruments. Reagents & Kits segment is further sub-segmented into genetic testing and other reagents & kits. Software segment is further sub-segmented into data management software, support software, middleware, Laboratory Information System (LIS) and other software’s. Instruments segment is further sub-segmented into semi-automated instruments, fully automated instruments, cell counting, blood grouping, sample processing, and other instruments.
By usability, the market is segmented into reusable and disposable.
Based on the end user, the market is classified into point-of-care testing, hospitals, academic & medical schools, patient self-testing, laboratories, home care, acute wound, and other end users. Laboratories segment is further sub-segmented into small & medium-sized laboratories and large/reference laboratories.
Depending on the application, the market is classified into cardiology, drug testing/pharmacogenomics, oncology, infectious diseases, diabetes, autoimmune diseases, Human Immunodeficiency Virus (HIV)/Aids, nephrology, gastrointestinal diseases, endocrinology, and other applications.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants, and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub-segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- South Africa
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments
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