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The study provides an in-depth analysis of the North America IVD market with current trends and future estimations to elucidate the imminent investment pockets. The report provides a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities. Extensive analysis by technology and application helps understand various trends and prevailing opportunities in the respective market. Comprehensive analysis of all geographical regions is provided, which determines the main opportunities in these geographies<br>
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Opportunity Analysis and Industry Forecast, 2016-2023 • North America • IVD Market : Business Status and Outlook Global Opportunity Analysis and Industry Forecast, 2017-2023
North America IVD Market “Immunodiagnostics occupied the highest share of the market in 2016 and is expected to maintain the lead during the forecast period due to increase in usage of immunodiagnostics for the detection of diseases such as infectious diseases, oncology detection, HIV/AIDS virus detection, and others.”
North America IVD Market Overview According to a new report published by Allied Market Research, titled, North America IVD Market by Product Type, Techniques, Application and End-Users: Global Opportunity Analysis and Industry Forecast, 2017-2023., North America IVD market was valued at $20,886 million in 2016, and is projected to reach at $27,820 million by 2023, growing at a CAGR of 4.1% from 2017 to 2023. Access Full Summary at: https://www.alliedmarketresearch.com/north-america-IVD-market In vitro diagnostics are medical devices utilized to examine biological samples such as blood, urine, stool, tissues, and other body fluids. The tests can be performed in standalone laboratory, and hospital-based laboratory.
North America IVD Market Based on product type, the market is categorized into reagents, instruments, and software & services. The reagent segment accounted for the highest market share in 2016, and the software and services is expected to grow at the highest growth rate during the forecast period. The growth of the reagent market is attributed to the recent introduction of new novel reagents and wide availability of effective and cost-efficient reagents. On the basis of technique, the immunodiagnostics segment captured the highest market share in 2016, due to the increase in demand of personalized medicines. On the basis of application, infectious diseases segment captured the highest market share in 2016, because of the increase in prevalence of infectious diseases and rise in healthcare awareness among the population.
North America IVD Market Key Players Major companies operating in this market adopt product launch as their key development strategy. Companies profiled in this market include, Thermo Fisher Scientific Inc., Alere Inc., Biomerieux, Danaher Corporation, F. Hoffmann-La Roche AG, Becton Dickinson and Company, Bio-Rad Laboratories, Bayer AG, Sysmex Corporation, and Johnson & Johnson among others. The North America IVD market is on an increase due to growth in geriatric population as the number in volume of chronic and infectious diseases increases. From 2000 and 2050, the number of older people is projected to increase by 135%. In addition, the population aged 85 and above is projected to increase by 350%
Key Benefits of North America IVD Market • The study provides an in-depth analysis of the North America IVD market with current trends and future estimations to elucidate the imminent investment pockets. • The report provides a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities • Extensive analysis by technology and application helps understand various trends and prevailing opportunities in the respective market • Comprehensive analysis of all geographical regions is provided, which determines the main opportunities in these geographies • Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which predict the competitive outlook of the North America IVD
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