My first Magazine Global In-Vitro Diagnostics Market is expected to | Page 2

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Coagulation and Hemostasis
Molecular Diagnostics
Microbiology
Other IVD technologies
By Application
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Diabetes
Infectious Diseases
Oncology/Cancer
Cardiology
Nephrology
Autoimmune Diseases
Drug Testing
HIV
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Global In-Vitro Diagnostics Market: Overview
In-Vitro diagnostics can be described as tests that can help in detecting diseases, conditions
or infections. Some of these tests are performed in laboratory or healthcare settings while
other tests are for consumers to use at home.
Global In-Vitro Diagnostics market is expected to witness faster growth owing to
advancements and innovations in the IVD technologies. Rising geriatric population base,
growing prevalence of diabetes are the key factors driving the growth of the market.
Increasing recognition of the diabetic’s role in the patient care and rapidly evolving
healthcare environment due to growing awareness about various diseases are expected to
drive the In-Vitro market in the forecast period. However stringent regulatory policies and
unclear reimbursement policies are restraining the growth of the market.
Global In-Vitro Diagnostics Market: Region-wise Outlook
On the basis of geography global market for In-Vitro diagnostics is segmented into North
America, Asia-Pacific, Europe, Latin America and Middle-East & Africa. North America Is the
largest market for In-Vitro diagnostics accounting for a share of around 37% owing to
growing prevalence of chronic diseases such as cancer and respiratory diseases in the region
while Asia-Pacific is estimated to be the fastest growing segment with a CAGR of 6.4%.
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