Global In Vitro Diagnostics Market: Analysis and Forecast 2017-2023 Global In Vitro Diagnostics Market | Page 6

Figure 5 Top Down and Bottom Up Approach Total global IVD market size ($million) Market value of global IVD market Percent split for the product type and sub-types of global IVD market Summation of x & y Geographical split Regional and country-wise market for each sub- segment Average selling price (ASP) for each type of product (Y) Products into number of units (X) Analysis of macro & micro factors BIS Research Analysis Note: The above approach has been followed for the market estimation of all the product segments related to IVD market Having estimated the global market size, the forecast employs a set of macro factors such as the population, disease prevalence rate, population, healthcare expenditure, disposable income, and Gross Domestic Product (GDP), among others. Assumptions and Limitations The following figure exhibits the standard assumptions and limitations which have been followed throughout the research study of the global IVD market:  [email protected] www.bisresearch.com 6