The BRIC IVD Market and other emerging countries is expected to reach USD 15.71 Billion by 2022 from USD 10.60 Billion in 2017, at a CAGR of 8.2%
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The key players in this BRIC IVD Market are Roche Diagnostics (Switzerland), Abbott Laboratories Inc. (U.S.), Siemens Healthineers (Germany), Danaher Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Sysmex Corporation (Japan), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux (France), and Becton, Dickinson and Company (U.S.), Johnson & Johnson (U.S.), QIAGEN N.V. (Germany), Ortho-Clinical Diagnostics, Inc. (U.S.), and Diasorin S.P.A. (Italy).
The key factors driving the growth of the market are growing patient awareness of personalized medicine, increasing prevalence of lifestyle and chronic diseases, growth in the number of private diagnostic centers, and improving healthcare system in emerging countries. However, market growth is restrained by the lack of reimbursement and the slow growth of the economy in some emerging countries.
Browse 138 market data tables
69 figures
278 pages and in-depth TOC on "BRIC IVD Market”
This research study involved the extensive use of both primary and secondary data sources as well as various factors affecting the industry, including the regulatory landscape; competitive scenario; historic data; current trends in the market; technological innovations and upcoming technologies; and market drivers, restraints, opportunities, and challenges.
Target Audience
• IVD product manufacturers
• Group purchase organizations (GPOs)
• Original equipment manufacturers (OEM)
• Pathologists and pathology laboratories
• Distributors of IVD products
• Hospitals and clinics
• Healthcare institutions
• Research institutes
• Market research and consulting Firms
BRIC IVD Market countries has been studied at the country level. In 2016, China represented the largest BRIC IVD Market countries, followed by Brazil. It is also expected to register the highest growth during the forecast period. The growth of this geographic segment is driven by improving healthcare infrastructure, significant economic development in China, and rising focus of key market players in this emerging country.
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