Global IVD Market is estimated to reach USD 15.71 Billion by 2022, at a CAGR of 8.2% during the forecast period | Research Cosmos
Global IVD Market Report provides detailed analysis of the market sizing and future growth by both revenue stream and by unit sales.
(EMAILWIRE.COM, April 11, 2018 ) The BRIC IVD Market is estimated to reach USD 15.71 Billion by 2022, at a CAGR of 8.2% during the forecast period. The growing patient awareness of personalized medicine, increase in prevalence of chronic diseases due to lifestyle, and rise in demand for point-of-care testing are driving market growth. Improving healthcare system in emerging markets and growing significance of companion diagnostics presents significant growth opportunities for players in the market. However, the lack of reimbursement and the slow growth of the economy are the major restraining factors for the growth of the market in Latin America.
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In this report, the BRIC In Vitro Diagnostics (IVD) Market is segmented on the basis of product & service, technology, application, end user, and country. The research report discusses key market drivers, restraints, opportunities, and challenges in the BRIC IVD Market countries and its submarkets. Based on product & service, the market is segmented into reagents & kits, instruments, services, and data management software. The reagents & kits segment accounted for the largest share of the market in 2016; it is also expected to grow at the highest CAGR during the forecast period. Accessibility to a wide range of reagents and the need for reliable, specific, and faster detection of chronic diseases and genetic disorders at early stages are expected to drive the growth of this segment.
Based on end user, BRIC IVD Market is segmented into hospital-based laboratories, clinical/reference laboratories, academic institutes, point-of-care testing, patient self-testing, and other end users. The hospital-based laboratories segment accounted for the largest share of the market in 2016. The large share of this segment can be attributed to the large number of diagnostic tests carried out in hospitals.
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In this report, the BRIC IVD Market countries has been studied at the country level. In 2016, China represented the largest BRIC IVD Market countries, followed by Brazil. It is also expected to register the highest growth during the forecast period. The growth of this geographic segment is driven by improving healthcare infrastructure, significant economic development in China, and rising focus of key market players in this emerging country.
The major BRIC IVD Market in the BRIC IVD Market and other emerging countries are Roche Diagnostics (Switzerland), Abbott Laboratories Inc. (U.S.), Siemens Healthineers (Germany), Danaher Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Sysmex Corporation (Japan), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux (France), Becton, Dickinson and Company (U.S.), Johnson & Johnson (U.S.), QIAGEN N.V. (Germany), Ortho-Clinical Diagnostics, Inc. (U.S.), and Diasorin S.P.A. (Italy). Table of Contents
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About Us:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
Explore More Information about report @ https://www.researchcosmos.com/reports/global-ivd-market-analysis-and-forecast-to-2022-growth-opportunity-assessment/1574924
In this report, the BRIC In Vitro Diagnostics (IVD) Market is segmented on the basis of product & service, technology, application, end user, and country. The research report discusses key market drivers, restraints, opportunities, and challenges in the BRIC IVD Market countries and its submarkets. Based on product & service, the market is segmented into reagents & kits, instruments, services, and data management software. The reagents & kits segment accounted for the largest share of the market in 2016; it is also expected to grow at the highest CAGR during the forecast period. Accessibility to a wide range of reagents and the need for reliable, specific, and faster detection of chronic diseases and genetic disorders at early stages are expected to drive the growth of this segment.
Based on end user, BRIC IVD Market is segmented into hospital-based laboratories, clinical/reference laboratories, academic institutes, point-of-care testing, patient self-testing, and other end users. The hospital-based laboratories segment accounted for the largest share of the market in 2016. The large share of this segment can be attributed to the large number of diagnostic tests carried out in hospitals.
Request free sample @ https://www.researchcosmos.com/request/1574924
In this report, the BRIC IVD Market countries has been studied at the country level. In 2016, China represented the largest BRIC IVD Market countries, followed by Brazil. It is also expected to register the highest growth during the forecast period. The growth of this geographic segment is driven by improving healthcare infrastructure, significant economic development in China, and rising focus of key market players in this emerging country.
The major BRIC IVD Market in the BRIC IVD Market and other emerging countries are Roche Diagnostics (Switzerland), Abbott Laboratories Inc. (U.S.), Siemens Healthineers (Germany), Danaher Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Sysmex Corporation (Japan), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux (France), Becton, Dickinson and Company (U.S.), Johnson & Johnson (U.S.), QIAGEN N.V. (Germany), Ortho-Clinical Diagnostics, Inc. (U.S.), and Diasorin S.P.A. (Italy). Table of Contents
Check for Discount @ https://www.researchcosmos.com/discount/1574924
About Us:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
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Research Cosmos
Dani Rodriguez
Tel: +1 888 709 8757
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results