2016 Global In-Vitro Diagnostics ( IVD ) Market Industry Analysis & Forecast- 2020 Albany , New York , January 19 , 2017 : Market Research Hub has recently announced the addition of a new report to it broad database titled as “ Global In-Vitro Diagnostics ( IVD ) Market : Industry Analysis & Outlook ( 2016-2020 )”. The report contains a comprehensive analysis of the global IVD market along with the study of the regional markets .
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Diagnosis is the identification of the nature and cause of a certain phenomenon . It involves two different types of testing method : in vivo and in vitro diagnostics . In-vitro diagnostics ( IVDs ) tests are defined as tests executed outside a patient ’ s body which put analytical instruments , devices , reagents , calibrators and systems to use for checking of health status or diagnosing diseases . In-vitro means ‘ in the glass ’, as traditionally these tests were directed in glass test tubes . On the other hand , in-vivo diagnostics tests like electroencephalography , electrocardiography and imaging are executed inside a patient ’ s body . The global IVD market is segmented on the basis of product , technology used and test location . On the basis of product , this market can be divided into three sub segments ; Reagents , analytical instruments and accessory products . By technologies employed , it can be segmented into seven sub segments ; immunochemistry , SMBG , POCT , molecular