In-vitro Diagnostics Market worth over $92 billion by 2024: Global Market Insights, Inc.

In-vitro Diagnostics Market By Product Type, By Service Type, By Technology, By Application, By End-User and Regional Outlook (U.S., Canada, Germany, France, UK, Italy, Spain, Russia, China, Japan, India, Australia, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Application Potential, Competitive Market Share & Forecast, 2018 – 2024

Sellbyville, Delaware, Aug. 20, 2018 (GLOBE NEWSWIRE) —

Global In-vitro Diagnostics Market outlook is poised to surpass USD 92 billion by 2024, says a new Global Market Insights, Inc. report featuring key industry trends across the product, service type, technology, application, end-user, and regional landscape.

According to the report, rising adoption of technologically advanced diagnostic equipment for enhanced convenience and accuracy is set to augment in-vitro diagnostics industry share in the ensuing years.

In-vitro diagnostics market from the oncology application segment is expected to register a y-o-y growth of 7.1% over 2018-2024. The rising prevalence of cancer and increasing demand to come up with effective diagnosis and treatment have been primarily influencing the segment growth.

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In terms of the regional landscape, the U.S. accounted for a remarkable 89.7% of the regional in-vitro diagnostics market share in 2017 and is projected to continue its growth trajectory over the coming six years. Rising cases pertaining to viral infections, chronic diseases, and hepatitis C, which demand advanced diagnostic methods & devices are expected to impel the regional growth.

The key players profiled in the report are Qiagen, The Danaher Corporation, Cepheid Inc., bioMérieux, Grifols, S.A., Bio-Rad Laboratories, Inc., Luminex Corporation, The Sorin Group, Johnson & Johnson, Becton-Dickinson and Company, Roche Diagnostics, Thermo Fisher Scientific, and Siemens AG. The companies have been profiled in terms of their SWOT analysis, product portfolio, and strategic outlook.

Browse key industry insights spread across 350 pages with 284 market data tables & 11 figures & charts from the report, “In-vitro Diagnostics Market” in detail along with the table of contents:

Scope of the In-Vitro Diagnostics Market report:

  • Product landscape: Reagents & Kits, Instruments
  • Service type landscape: Data Management Software, Services
  • Technology landscape: Clinical Chemistry, Immunoassay/Immunochemistry, Hematology, Urinalysis, Microbiology, Molecular Diagnostics, Coagulation & Hemostasis, Others
  • Application landscape: Oncology, Infectious Diseases, Autoimmune Diseases, Diabetes, Nephrology, Cardiology, Drug Testing/Pharmacogenomics, Others
  • End-user landscape: Hospitals, Laboratories, Point-Of-Care Testing, Academic Institutes, Others
  • Regional landscape: Canada, U.S., Italy, France, UK, Spain Germany, Russia, Japan, China, India, Australia, Mexico, Brazil, Saudi Arabia, UAE, South Africa

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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