Global In-Vitro Diagnostic (IVD) Market: Size, Trends & Forecasts (2017-2021)
Scope of the Report
The report entitled “Global In-Vitro Diagnostic (IVD) Market: Size, Trends & Forecasts (2017-2021)”, provides analysis of the global In-Vitro Diagnostic, with detailed analysis of market size and growth, and segmentation of the industry. The analysis includes the market by value, by products, by technology and by region. The report also provides the analysis of the global in-vitro diagnostic market of the US, Europe, Asia and ROW regions.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global in-vitro diagnostic has also been forecasted for the years 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Roche Holding, Danaher Corporation, Abbott Laboratories and Siemens Group are some of the key players operating in the global in-vitro diagnostic market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
Clinical trials are defined as research examinations in which individuals volunteer to test new medications, interferences or tests as a way to prevent, distinguish, treat or oversee different illnesses or medical conditions. The clinical trials can broadly be classified into two categories named as In Vivo and In Vitro.
In vivo indicates to a medical test, trial or strategy that is done on (or in) a living being, for example, a research laboratory animal or human. In vitro refers to a medicinal report or examination which is done in the research facility inside the confines of a test tube or lab dish.
In Vitro Diagnostics (IVD) are medical devices and accessories used to perform tests on biological samples (such as tissues, blood or urine) to determine the status of a person health. The in vitro diagnostics can further be divided on the basis of products, by technology and by end users.
The In Vitro Diagnostics (IVD) is generally divided into three types of products namely, reagents, Instrumentations and Software Services. The IVD is primarily segmented into eight technologies Immunodiagnostics, Self-Monitoring Blood Glucose (SMBG), Point-of-Care, Molecular Diagnostics, Microbiology, Clinical Chemistry, Hematology and Other. The in vitro diagnostic end users are broadly classified into three categories named as Laboratory, Hospitals and Patients Self-Testing.
The global in-vitro diagnostics (IVD) market is expected to increase at high growth rates during the forecasted period (2017-2021). The global in-vitro diagnostics is supported by various growth drivers, such as, increasing disposable income, increasing obese population, swelling diabetic population, rising healthcare expenditure, etc.