My first Magazine Global In-Vitro Diagnostics Market is expected to
Global In-Vitro Diagnostics Market is expected to reach USD 78.07 billion by
2021
According to the report “Global In-Vitro Diagnostics Market,” published by Market Data
Forecast, the global market is projected to reach USD 78.07 billion by 2021, at a CAGR of
5.6% from 2016 to 2021.
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In-Vitro diagnostics test a sample of tissue or body fluids for microbial cultures or blood
glucose. They are also used for testing changes in the liver function, imbalance in calcium
levels in the body and electrolytes in the blood such as sodium, urea, potassium and
Creatinine. The end users of In Vitro diagnostics market are generally Laboratories,
Hospitals, Academic institutions, Point-of-care testing centers. There are around 40,000 IVD
products available in the market assisting patients and specialists on a wide range of
conditions
Global In-Vitro Diagnostics Market: Drivers & Restraints
The rising incidence of chronic lifestyle diseases, growth in the number of growth in the
number of private diagnostic centers, and shift in focus from centralized laboratories to
decentralized point-of-care testing are the key factors driving market growth. However,
inadequate reimbursement and rising healthcare cost restraining the growth of this market.
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146/
Global In-Vitro Diagnostics Market: Segmentation
By Product
Instruments
Reagents and Kits
Software
By Technology
Clinical Chemistry
Hematology
Immunoassays