New York, According to a new market research report published by Global Insight Services “ In-Vitro Diagnostics/IVD Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
In-vitro diagnostics (IVD) is a medical technology that enables the diagnosis of disease or other conditions using samples of body tissues or fluids. IVD can be used to detect a wide range of conditions, including infections, genetic disorders, and cancer. IVD tests are performed on samples of blood, urine, or tissue that are taken from the body and then analyzed in a laboratory.
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Key Trends and Drivers:
In-vitro diagnostics (IVD) is a rapidly growing and evolving field that offers great potential for the diagnosis and treatment of disease. There are a number of key trends that are driving the growth of the IVD market.
One of the most important trends is the increasing demand for personalized medicine. As our understanding of the human genome grows, so too does our ability to tailor treatments to individual patients. This is particularly important in the field of cancer, where a one-size-fits-all approach is often ineffective. IVD can play a vital role in personalized medicine by providing the tools necessary to characterize an individual’s disease and identify the most effective treatment.
Another key trend is the increasing use of point-of-care (POC) testing. POC testing refers to the use of diagnostic tests at the patient’s bedside, rather than in a central laboratory. This is often more convenient for both patients and clinicians, and can lead to faster diagnosis and treatment. POC testing is particularly important in resource-limited settings, where access to central laboratories is often limited.
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Segmentation:
By Product & Services
- Reagents
- Instruments
- Software And Services
By Technique
- Immunodiagnostics
- Hematology
- Molecular Diagnostics
- Tissue Diagnostics
- Clinical Chemistry
- Others
By Therapy Area
- Infectious Diseases
- Cancer
- Cardiac Diseases
- Immune System Disorders
- Nephrological Diseases
- Gastrointestinal Diseases
- Others
By End-User
- Standalone Laboratories
- Hospitals
- Academic And Medical Schools
- Point Of Care
- Others
Key Players:
- Abbott Laboratories
- Becton, Dickinson and Company
- bioMérieux SA
- Bio-Rad Laboratories Inc.
- Danaher Corporation
- F. Hoffmann-La Roche AG
- Siemens AG
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