IVD Market to Experience Exponential Growth by 2023 IVD Market | Page 5

IVD Market Report Key Findings
• The reagents segment dominated the market in 2016, and is projected to
grow at the 3.7% CAGR.
• The immunodiagnostics segment accounted for the highest share of in 2016.
• The infectious diseases segment was the major shareholder in the Asia-
Pacific IVD based application market in 2016.
• The standalone laboratory segment accounted for the highest share of in
2016.
• North America was the major shareholder of global IVD market in 2016.