Boston, MA -- (SBWire) -- 12/06/2016 --The global professional diagnostics market is expected to grow at a high rate in the forecast period. Factors such as increasing aging population and rise in incidence and prevalence of chronic diseases and infections are driving the market. Cancer, tuberculosis, malaria, diabetes, and cardiovascular diseases are the main factors for the increasingly diagnosed population. In addition, increasing public awareness, rapid technological innovations, product approvals from regulatory authorities, and new product launches are expected to have a positive impact on the market over the next few years.
Technavio's analysts forecast the global professional diagnostics market to grow at a CAGR of 6.76% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global professional diagnostics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of in-vitro diagnostics (IVD) instruments.
Get More Details on this Report and a Full Table of Contents at Global Professional Diagnostics Market 2016-2020
The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA
Technavio's report, Global Professional Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-Abbott Diagnostics
-Danaher
-Roche Diagnostics
-Siemens Healthcare
-Thermo Fisher Scientific
Other prominent vendors
-A&T Corporation
-Menarini Diagnostics
-Abaxis
-Abcam
-Accriva Diagnostics
-Acon Laboratories
-Affymetrix
-Ahram Biosystem
-ARKRAY
-AsuraGen
-Biocartis
-Bio-Rad Laboratories
-CellaVision
-Cepheid
-Chembio Diagnostic Systems
-Clarity Diagnostics
-Corgenix
-DiagCor
-Drucker Diagnostics
-EKF Molecular Diagnostics
-Erba Diagnostics
-Green Cross Medis
-Helena Laboratories
-Hologic
-HORIBA
-Instrumentation Laboratory
-i-Sens
-Landwind Medical
-Mindray
-Nihon Kohden
-Nipro Diagnostics
-Randox Laboratories
-Sekisui Medical
-Sienco
-Sinduri Biotec
-Snibe Diagnostics
-Stago
-Trivitron Healthcare
Market driver
-Growing focus on diagnosing life-threatening conditions boosts POCT segment.
-For a full, detailed list, view our report
Market challenge
-Industry consolidation posing threat to new entrants.
-For a full, detailed list, view our report
Market trend
-Renting and leasing of professional diagnostics instruments.
-For a full, detailed list, view our report
Key questions answered in this report
-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Companies Mentioned in this Report: Abbott Diagnostics, Danaher, Roche Diagnostics, Siemens Healthcare, Thermo Fisher Scientific, A&T, A. Menarini Diagnostics, Abaxis, Abcam, Accriva Diagnostics, Acon Laboratories, Affymetrix, Ahram Biosystem, ARKRAY, AsuraGen, Biocartis, Bio-Rad Laboratories, CellaVision, Cepheid, Chembio Diagnostic Systems, Clarity Diagnostics, Corgenix, DiagCor, Drucker Diagnostics, EKF Molecular Diagnostics, Erba Diagnostics, GREEN CROSS MEDIS, Helena Laboratories, Hologic, HORIBA, Instrumentation Laboratory, i-Sens, Landwind Medical, Mindray, Nihon Kohden, Nipro Diagnostics, Randox Laboratories, Sekisui Medical, Sienco, Sinduri Biotec, Snibe Diagnostics, Stago, Trivitron Healthcare
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Global Professional Diagnostics Market 2016-2020: New Research Report Available at Fast Market Research
Fast Market Research announces the availability of the new TechNavio report, "Global Professional Diagnostics Market 2016-2020", on their comprehensive research portal