Market Snapshot: In-vitro diagnostics (IVDs) have gained a quick momentum as a modern medical diagnostic system. IVD is a revolutionary technology and is heavily being relied on for several types of laboratory-based tests performed on biological specimens. Development of better solutions for disease prevention, treatment and management continues to be the primary motive behind the consistent call for effective diagnostics technology. Most of modern testing and diagnostic activities are conducted using IVD. MRFR notes that the global market for in-vitro diagnostics surpassed a valuation of USD 69,200 Mn in 2017. The outlook remains positive for the market for the next couple of years. Advances in molecular diagnostics and the increasing acceptance of the precision medicine has expanded in-vitro diagnostics application in modern medicine. In addition, spurring of micro-size diagnostics centers in fast-developing countries is opening new windows of growth for the IVD industry.
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Companies Covered

Thermo Fisher Scientific, Abbott Laboratories, DiaSorin S.p.A, Becton Dickinson and Company, Sysmex Corporation, BioMérieux S.A, Qiagen N.V., Grifols S.A, Ortho Clinical Diagnostics, F. Hoffmann-La Roche AG, Siemens AG, Bio-Rad Laboratories Inc., and Danaher Corporation.

The report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.

Report Synopsis:
This MRFR perspective presents a detailed analysis of the global market for in-vitro diagnostics along with a five-year revenue for, until 2023. An exhaustive discussion on all the key market elements (drivers, restraints, growth trends and opportunities) is available in the research documents. The scope of the discussion also covers various IVD product & services such as reagents & kits, instruments and data management software. IVD technologies mentioned in the document include immunoassay/immunochemistry, molecular diagnostics, clinical chemistry, microbiology and hematology. Revenue analysis based on IVD application is also available in the report. Academic institutes, hospitals, and laboratories are analyzed under end-user market opportunity.

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Research Methodology
Using a robust research methodology Market Research Future enables comprehensive understandings into markets on both regional and local levels. The primary practices involved in conveying knowledge of market situations, competitor strategies and the best steps that can be taken to seize the largest market share. The evolution prospects of any market are discovered by the positive use of secondary and primary research. The employment of top-down and bottom-up approaches in the research methodology radically improves the report quality. The research involves data and information that is helpful for decision making and echoes the real condition of the market. The prospects for invention and development are also suitably specified in the reports so that our clients can apply them to achieve a competitive advantage.
Other Description
• Market Denomination- USD Mn
• Base Year- 2017
• Forecast Period- From 2018 to 2023
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for in-vitro diagnostics
By Product & Services
• Reagents & Kits
• Instruments
• Data management software
By Technology
• Immunoassay/immunochemistry
• clinical chemistry
• Molecular diagnostics
• Microbiology
• Hematology
By Application
• Infectious diseases
• Non-infectious diseases
By End User
• Hospitals
• Laboratories
• Academic institutes
By Region
• North America
• Europe
• Asia Pacific
• The Middle East & Africa (MEA)
• Latin America
Intended Audience:
• IVD product manufacturers
• Pathologists and pathology laboratories
• Distributors of IVD quality control products
• Healthcare institutions
• Research institutes
• Market research and consulting firms
• Venture capitalists and investors

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