India In-Vitro Diagnostics (IVD) Market Outlook 2024, Global Opportunity And Demand Analysis, Market Forecast, 2016-2024

1. India In-Vitro Diagnostics Market Outlook India In-Vitro Diagnostics Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  Report Code :HC 1335 www.goldsteinresearch.com +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

2. India In-Vitro Diagnostics Market Size (USD Billion) & Growth Analysis India In-Vitro Diagnostics Market Size (USD Billion)-2016-2024 Sample Report Sample Source: Goldstein Research • IVD Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. Further, in-vitro diagnostics devices sales increased from XXXX units in 2015 to XXXX units in 2016. • In-vitro diagnostics is an important segment in India healthcare industry. The marketplace is witnessed rapid growth supported by advancements in technologies, evolvement of new tools, improvement in disease monitoring, higher demand of OTC tests, increased prevalence of infectious and other diseases like oncology, cardiovascular etc.  • Traditional biosensors like glucose meters and glycohemoglobin test kits are commonly used for In Vitro Diagnosis of the disease and long-term management of diabetes. The increasing prevalence of diabetes and the demand for the diagnostic tests helps to drive the market and to go for new R&D in this sector to develop innovative products • More than XX% of in-patients are ready to adopt In-vitro diagnostics due to their advantages such as cost effective diagnosis, ease of use and fast results. Moreover, the rising demand for portable In-vitro diagnostics in healthcare facilities across India is one of the major reason which is bolstering the growth of India In-vitro Diagnostics market. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

3. India In-Vitro Diagnostics Market Outlook Fig: 17: India In-Vitro Diagnostics Market Y-O-Y Growth, 2016-2024 India In-Vitro Diagnostics Market Size USD (Billion). 2016-2024 Sample Report XX% CAGR: (2016-2024) Sample Source: Goldstein Research Source: Goldstein Research In 2016,Immunochemistry accounted for the highest market share XX% in India In-Vitro DiagnosticsMarket India In-Vitro Diagnostics market is growing at XX% Y-O-Y and XX% CAGR India IVD Market Share(%), By End-Users-2016 India In-Vitro Diagnostics Market Share(%), By Product & Services-2016 India In-Vitro Diagnostics Market Share(%), By Modality-2016 Source: Goldstein Research Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

4. India In-Vitro Diagnostics Market Outlook Sample Report • India IVD market sizewas worth USD XX billion in 2016 and is expected to hit about USD XX billion by 2024. This increase in market is attributed to the increased demand of promising and novel diagnostics technologies, increased numbers of geriatric population and increasing awareness among the population regarding the early diagnosis of life threatening diseases. • Overall the IVD market is dominated by six key players: Roche Diagnostics, Abbott Diagnostics, Siemens, Johnson & Johnson Medical Devices and Diagnostics, Beckman Coulter and BioMerieux. Smaller players tend to be highly specialized, as in the broader IVD market a lack of product differentiation makes scale economies essential. • Around 20–25% of the sector’s revenue generation capability comes from exposure to industrial (as opposed to clinical) end markets such as food testing, which often carries greater macroeconomic sensitivity • India poctmarketis estimated to be worth in excess of USD XX billion annually with growth estimated at XX% per annum. This is dominated by over-the-counter self-testing (USD XX billion), which is largely glucose testing and home pregnancy tests; professional POC testing is estimated to be worth in the country of USD XX billion annually, again dominated by glucose testing, with infectious disease testing comprising USD XX million annually. • The molecular diagnostics market at between USD XX and USD XX billion in annual India sales amounting to approximately XX% of the overall IVD market. With compounded annual growth estimated at XX–XX% between 2016 and 2024, molecular diagnostics is thought to be the fastest growing segment of the IVD market in the coming years. Growing IT Healthcare Sample Rising inpatients Rising Diagnostic Laboratories Rise in diabetic population India In-Vitro Diagnostics Market Size (USD Billion), By Modality 2016-2024 Immunochemistry Hematology USD XX Billion 2016 USD XX Billion Advancement in In-Vitro Diagnostics USD XX Billion 2024 USD XX Billion Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

5. Growth Drivers • Market Growth Induced By Clinical Growth, By Numbers • Even though 2015 and 2016 experienced slow growth in the IVD market over the past decade , experts predict the market will turnaround by 2014 and to reach annual growth of XX% by 2018. • Commercial labs not focused exclusively on molecular tests, for large companies, molecular testing accounts for about XX% percent of total revenues, so it's not as material as routine clinical testing. Molecular reimbursement rates that indicate that the cut in 2017 will be about XX% percent on average, which is still a significant number, but better than the initial XX% cut in 2015. • As the healthcare field continues to navigate uncertain and difficult terrain, companies that provide new tools for clinical labs must move swiftly to stay on top of emerging technologies and the latest clinical developments. • A rise in the number of insured in India will likely be compounded with other factors to revive the IVD market: a recovering economy, an aging population, and a rising middle class will combine to lift volumes and sales. • An emphasis on overutilization of testing and treatments, as well as a shift to a bundled payment model and accountable care organizations, could take away incentives that existed for unnecessary testing, and this will have an impact on volumes. Sample Population(Million) Aged 80 yrs. & over, India-2000-2050 Source: XXX Impact on India In-Vitro Diagnostics Market • Impact Analysis:- • Government funding for the advancement in healthcare sector and initiatives to promote healthcare across the globe is expected to positively impact on the growth of In-vitro diagnostics market. • Increase in aging population and focusing on fitness & healthy lifestyle is predicted to rise the In-vitro diagnostics market. High Medium Low Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

6. India In-Vitro Diagnostics Market Outlook By Clinical Chemistry: 2016-2024 India In-vitro Diagnostics Market Size (%) - By Clinical Chemistry, 2015-2016 • India chemical chemistry and instrumentation market was evaluated to be USD XX billion in the year 2016 and is relied upon to grow XX% from 2016 to 2024 to reach USD XX billion. Spectrometry section has the biggest offer (XX%) trailed by chromatography (XX%) in the year 2016. The spectrometry market is driven by the coupling of mass spectrometry with chromatography techniques, growing XX% from 2012 to 2017. • Factors such as growing pharmaceutical R&D ventures, expanding food safety concerns, availability of public and private funding for life science research studies, innovative advancements in analytical instruments, and stringent drug development controls are propelling the development of the life science instrumentation market. Sample Source: Goldstein Research India In-vitro Diagnostics Market Y-O-Y (%) Growth Analysis, By Clinical Chemistry, 2015-2016 Source: Goldstein Research India In-Vitro Diagnostics Market, By Clinical Chemistry -2016 Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

7. India In-Vitro Diagnostics Market Outlook Abbott (Company Overview & Business Strategy) Sample Report Founded 1888 Website www.abbott.com Employees 94,000 Headquarters U.S. Company Overview • Abbott Laboratories, is an American multinational company engaged in development and manufacturing of health care products. • The Company operates through three geographic segments: Americas; Europe and Asia Pacific region. • Abbott Laboratories is traded on NYSE stock exchange, America • The company also provides generic pharmaceuticals, medical devices and nutrition products. • Abbott Point-of-Care manufactures diagnostic devices for blood analysis, that provides health care professionals diagnostic information at the point of patient care. • Abbott also provides cloud services to manage system infrastructure without additional hardware purchase and software installation. Sample Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/india-in-vitro-diagnostics-ivd-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024 Similar Report: Sterility Testing Market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

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