IVD Market - Global Revenue, Trends, Growth, Share, Size and Forecast

  • Product Code:
    RP-ID-10325646
  • Published Date:
    20 Jul 2021
  • Region:
    Global
  • Pages:
    150
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-51

Impact Analysis on the Growth of Market

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Market Overview:

In-Vitro Diagnostics (IVD) Market is worth USD 60.07 billion in 2016 and is expected to reach USD 77.38 billion by 2021, growing at a CAGR of 5.2% from 2016 to 2021.

Our industry experts anticipate that within the in-vitro diagnostics (IVD) market, the instruments and systems will be the fastest-growing product segment, growing at a CAGR ranging from 5% to 10% during the forecast period. In addition, genetic testing will be the fastest-growing application segment, growing at a CAGR ranging from 5% to 10%. Asia-Pacific is anticipated to be the fastest-growing geographic segment, growing at a CAGR ranging from 5% to 10% by 2021.

KEY BENEFITS OF THE REPORT:
In-depth analysis of the market ecosystem and its impact on the revenue growth
Meticulous understanding of the key new market opportunities in individual geographic regions/countries
Detailed analysis of the significant sustainability strategies adopted by the major players in this market
KEY PREMIUM INDUSTRY INSIGHTS:
The increasing incidences of chronic infectious diseases, the rising geriatric population and the emerging technologies in the field of in-vitro diagnostics are some of the major driving factors for the in-vitro diagnostics (IVD) market.
According to the World Health Organization, by 2020, the chronic diseases are estimated to account for around 58% of the global burden of disease and 60% of this burden will occur in the emerging countries. There is a widespread increase in the incidence rate of the infectious diseases, globally. These are some of the major growth drivers for the market.
Factors such as changing demographics of the global population, changes in the land and water usage patterns, rise in the international tourism, microbial adaptation & resistance, public health care breakdown, and climatic shifts are leading to an increased prevalence of these diseases and disorders.
Owing to the cutting-edge research and development activities in the field of in-vitro diagnostics, the market is expected to grow exponentially in the future. Emerging segments such as lab on a chip, point-of-care tests, companion diagnostics, as well as the next-generation sequencing techniques are expected to contribute to the overall growth of the market.
The development of these innovative diagnostics tests will help to identify new genetic and protein biomarkers associated with the disease pathways, infectious diseases, and recovery states. This critical data helps to analyze the patients' rate of drug metabolism, drug efficacy, and the side effects and thereby enables the physicians to identify the suitability of a particular drug for the patient.
Thus, as the evidence-based medicine is becoming vital for therapeutic success, the advancements in the in-vitro technology are set to boost the market growth. However, reimbursement and regulatory issues are the major restraining factors for the growth of this market.
MARKET SEGMENTATION:
This report analyzes the in-vitro diagnostics (IVD) market by the following segments:

In-Vitro Diagnostics (IVD) Market, by Products
Instruments and Systems
Reagents and Consumables
In-Vitro Diagnostics (IVD) Market, by Applications
Immunochemistry
Clinical Chemistry
Hematology
Infectious Disease
Microbiology
Genetic Testing
Histology & Cytology
KEY MARKET PLAYERS:
Key players in the in-vitro diagnostics (IVD) market include:

Abbott
Becton
Dickinson and Company
bioMerieux SA
Carlyle Investment Management LLC
Alere, Inc.
F. Hoffmann-La Roche Ltd
Thermo Fisher Scientific, Inc.
Siemens AG
Danaher Corporation


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

.

FREQUENTLY ASKED QUESTIONS

Table of Contents
MARKET OVERVIEW
Market Definitions
Research Methodology
Market Segmentation
Assumptions
Limitations
EXECUTIVE SUMMARY
MARKET DYNAMICS
Drivers
Restraints
Opportunities
Premium Industry Trends
INDUSTRY ANALYSIS
Value Chain Analysis
Regulatory Analysis
Reimbursement Landscape
Pricing Analysis
IN-VITRO DIAGNOSTICS (IVD) MARKET, BY PRODUCTS
Segment Share
Products
Instruments and Systems
Reagents and Consumables
IN-VITRO DIAGNOSTICS (IVD) MARKET, APPLICATIONS
Segment Share
Applications
Immunochemistry
Clinical Chemistry
Hematology
Infectious Disease
Microbiology
Genetic Testing
Histology & Cytology
IN-VITRO DIAGNOSTICS (IVD) MARKET, BY GEOGRAPHY
North America

By Products
By Applications
Europe

By Products
By Applications
Asia-Pacific

By Products
By Applications
Rest of the World

By Products
By Applications
COMPETITIVE LANDSCAPE
Major Mergers and Acquisitions
Market Share Analysis
Key Innovators
KEY MARKET PLAYERS
Abbott
Overview
Key Strategies
Key Developments
Becton, Dickinson and Company
Overview
Key Strategies
Key Developments
bioMerieux SA
Overview
Key Strategies
Key Developments
Carlyle Investment Management LLC
Overview
Key Strategies
Key Developments
Alere, Inc.
Overview
Key Strategies
Key Developments
F. Hoffman-La Roche Ltd.
Overview
Key Strategies
Key Developments
Thermo Fisher Scientific, Inc.
Overview
Key Strategies
Key Developments
Danaher Corporation
Overview
Key Strategies
Key Developments
Siemens AG
Overview
Key Strategies
Key Developments
SCALAR 360 DEGREE MARKET PERSPECTIVE
APPENDIX
LIST OF TABLES
Table 1. Market Summary: Global In Vitro Diagnostics Market
Table 2. Impact Analysis: Market Drivers
Table 3. Impact Analysis: Market Restraints
Table 4. Average Selling Price for IVD Instruments
Table 5. Global In Vitro Diagnostics Market Size (US$ billion), By Product Segment (2013 - 2021)
Table 6. Global In Vitro Diagnostics for Reagents and Consumables Market Size (US$ billion), By Regions (2013 - 2021)
Table 7. Global In Vitro Diagnostics for Instruments and Systems Market Size (US$ billion), By Regions (2013 - 2021)
Table 8. Global In Vitro Diagnostics Market Size (US$ billion), By Application Segment (2013 - 2021)
Table 9. Global Immunochemistry Market Size (US$ billion), By Regions (2013 - 2021)
Table 10. Global Clinical Chemistry Market Size (US$ billion), By Regions (2013 - 2021)
Table 11. Global Haematology Market Size (US$ billion), By Regions (2013 - 2021)
Table 12. Global Infectious Immunology Market Size (US$ billion), By Regions (2013 - 2021)
Table 13. Global Microbiology Culture Market Size (US$ billion), By Regions (2013 - 2021)
Table 14. Global Genetic Testing Market Size (US$ billion), By Regions (2013 - 2021)
Table 15. Global Histology and Cytology Market Size (US$ billion), By Regions (2013 - 2021)
Table 16. Global In Vitro Diagnostics Market Size (US$ billion), By Regions (2013 - 2021)
Table 17. In Vitro Diagnostics Market in North America; Market Size (US$ billion), By Product Segments (2013 - 2021)
Table 18. In Vitro Diagnostics Market in North America; Market Size (US$ billion), By Application Segments (2013 - 2021)
Table 19. In Vitro Diagnostics Market in Europe; Market Size (US$ billion), By Product Segments (2013 - 2021)
Table 20. In Vitro Diagnostics Market in Europe; Market Size (US$ billion), By Application Segments (2013 - 2021)
Table 21. In Vitro Diagnostics Market in Asia-Pacific; Market Size (US$ billion), By Product Segments (2013 - 2021)
Table 22. In Vitro Diagnostics Market in Asia-Pacific; Market Size (US$ billion), By Application Segment (2013 - 2021)
Table 23. In Vitro Diagnostics Market in RoW; Market Size (US$ billion), By Product Segments (2013 - 2021)
Table 24. In Vitro Diagnostics Market in RoW; Market Size (US$ billion), By Application Segment (2013 - 2021)
Table 25. Major Merger and Acquisitions: Global IVD Market
Table 26. Key Player Market Share Analysis: Global IVD Market
Table 27. Major IVD Market Trends during the Recent Years
Table 28. List of Acronyms
LIST OF FIGURES
Figure 1. In Vitro Diagnostics Market Research Methodology
Figure 2. In Vitro Diagnostic Market Segmentation
Figure 3. Global In Vitro Diagnostics Market Size (US$ billion), By Products Segments (2016 vs. 2021)
Figure 4. Global In Vitro Diagnostics Market Size (US$ billion), By Applications (2016 vs. 2021)
Figure 5. Global In Vitro Diagnostics Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 6. Value Chain Analysis
Figure 7. Classification: Global IVD Market
Figure 8. Regulatory Overview Analysis
Source: Government Websites and Scalar Market Research analysis
Figure 9. Reimbursement Analysis
Figure 10. Global In Vitro Diagnostics Market Size (US$ billion), By Product Segment (2016)
Figure 11. Global In Vitro Diagnostics for Reagents and Consumables Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 12. Global In Vitro Diagnostics for Reagents and Consumables Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 13. Global In Vitro Diagnostics for Instruments and Systems Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 14. Global In Vitro Diagnostics for Instruments and Systems Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 15. Global In Vitro Diagnostics Market Size (US$ billion), By Application Segment (2016)
Figure 16. Global Immunochemistry Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 17. Global Immunochemistry Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 18. Global Clinical Chemistry Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 19. Global Clinical Chemistry Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 20. Global Haematology Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 21. Global Haematology Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 22. Global Infectious Immunology Market Size (US$ billion) and Compounded Annual Growth Rate (2013 - 2021)
Figure 23. Global Infectious Immunology Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 24. Global Microbiology Culture Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 25. Global Microbiology Culture Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 26. Global Genetic Testing Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 27. Global Genetic Testing Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 28. Global Histology and Cytology Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 29. Global Histology and Cytology Market Size (US$ billion), By Regions (2016 vs. 2021)
Figure 30. Global In Vitro Diagnostics Market Size vs. CAGR% (2016 - 2021), By Regions
Figure 31. In Vitro Diagnostics Market in North America; Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 32. In Vitro Diagnostics Market in Europe; Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 33. In Vitro Diagnostics Market in Asia-Pacific; Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)
Figure 34. In Vitro Diagnostics Market in RoW; Market Size (US$ billion) and Annual Growth Rate (2013 - 2021)

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