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Monday, 14 December 2015
Worldwide In-Vitro Diagnostics (IVD) Market Trends, Development 2015 Analysis and 2020 Forecasts
adds "Global In-Vitro Diagnostics (IVD) Market Report: 2015 Edition"
report to its research store.
The diagnostic industry is widely classified into two
types: In-vitro diagnostics and In-vivo diagnostics. In-vitro tests are
executed in glass test tubes, while In-vivo diagnostics tests are executed
inside a patient’s body. IVD products are indeed designed and produced for
collecting samples derived from the patient’s body and scrutinizing them
outside, which are commonly conducted in hospitals, clinics and labs and in
personal settings. Apart from the application of IVDs in medical diagnosis and
health screening such as checking blood of signs for infections, or urine for
the presence of glucose, they are also used in genetic testing, genomics,
veterinary diagnostics, food testing, environmental testing, and research.
Abbott Laboratories, Siemens AG, Roche Holdings AG & Johnson & Johnson
The key factors driving the market growth apart from
generic macro-economic factors include accelerating diabetic population,
increasing sales of medical technological devices, increasing complexity of
diseases, and development of cardiac troponin assays. Some of the noteworthy
trends observed in the industry are newly growing vitamin D testing market,
genome sequencing market, usage of companion diagnostics in oncology, and
increased importance of diagnostics. However, the industry remains exposed to
certain challenges such as narrow economic moats in diagnostic market,
reimbursement issues in clinical laboratory services, laboratory-developed
tests waning IVD profits, and government regulation for IVD tests and stringent
in genetic based tests.
The report provides a comprehensive study of global
in-vitro diagnostic market covering regional markets and major segments. The
competition in the global in-vitro diagnostic market is highly amalgamated with
large players like Abbott, Siemens, Roche and Johnson and Johnson. All these
companies have been profiled in the present report highlighting their key
financials and business strategies for their long term growth.
As per the “Global
IVD market report”, market segments such as blood glucose monitoring and
clinical chemistry are relatively mature and stable. However, with growing
personalized medical treatment trend, molecular diagnostics market is expected
to grow significantly with strict regulatory measures.
By combining SPSS Inc.’s data integration and analysis
capabilities with our relevant findings, we have predicted the future growth of
the in-vitro diagnostic market. We employed various significant variables that
have an impact on this industry and created regression models with SPSS Base to
determine the future direction of the industry. Before deploying the regression
model, the relationship between several independent or predictor variables and
the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Table of Contents
1.1 Types of IVD Products
1.2 Types of IVD Tests
1.3 Market Segments
1.3.1 Technology Type
1.3.2 End-User Segmentation
1.4 Uses of IVDs
1.5 IVD Value Chain
2. IVD Market Analysis
2.1 Global Market
2.1.1 IVD Market by Technology Type
2.1.2 IVD Market by Product Type
2.1.3 IVD Market by Test Location
2.2 Molecular Diagnostics
2.2.1 Molecular Diagnostic Market by Test Category
2.4 Regional Markets
Market Share by Countries
3. Market Dynamics
3.1 Growth Drivers
3.1.1 Rising Global Healthcare Expense
3.1.2 Increasing Global Ageing Population
3.1.3 Accelerating Global Diabetic Population
3.1.4 Increasing Global Gross National Income
3.1.5 Increasing Sales of Medical Technological Devices
3.1.6 Increasing Complexity of Diseases
3.1.7 Development of Cardiac Troponin Assays
3.2 Key Trends
3.2.1 Vitamin D Testing Market – New Growing Segment
3.2.2 Illumina – Dominating the Genome Sequencing Market
3.2.3 Increased Importance of Diagnostics
3.2.4 Increased Usage of Companion Diagnostic in Oncology
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