MarketResearchReports.Biz is providing you syndicated Market Research report of "Global In-Vitro Diagnostics (IVD) Market Report: 2015 Edition"
Albany, NY -- (SBWIRE) -- 01/21/2016 -- The diagnostic industry is widely classified into two types: In-vitro diagnostics and In-vivo diagnostics. In-vitro tests are executed in glass test tubes, while In-vivo diagnostics tests are executed inside a patient's body. IVD products are indeed designed and produced for collecting samples derived from the patient's body and scrutinizing them outside, which are commonly conducted in hospitals, clinics and labs and in personal settings. Apart from the application of IVDs in medical diagnosis and health screening such as checking blood of signs for infections, or urine for the presence of glucose, they are also used in genetic testing, genomics, veterinary diagnostics, food testing, environmental testing, and research.
As per the "Global IVD market report", market segments such as blood glucose monitoring and clinical chemistry are relatively mature and stable. However, with growing personalized medical treatment trend, molecular diagnostics market is expected to grow significantly with strict regulatory measures.
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The key factors driving the market growth apart from generic macro-economic factors include accelerating diabetic population, increasing sales of medical technological devices, increasing complexity of diseases, and development of cardiac troponin assays. Some of the noteworthy trends observed in the industry are newly growing vitamin D testing market, genome sequencing market, usage of companion diagnostics in oncology, and increased importance of diagnostics. However, the industry remains exposed to certain challenges such as narrow economic moats in diagnostic market, reimbursement issues in clinical laboratory services, laboratory-developed tests waning IVD profits, and government regulation for IVD tests and stringent in genetic based tests.
The report provides a comprehensive study of global in-vitro diagnostic market covering regional markets and major segments. The competition in the global in-vitro diagnostic market is highly amalgamated with large players like Abbott, Siemens, Roche and Johnson and Johnson. All these companies have been profiled in the present report highlighting their key financials and business strategies for their long term growth.
By combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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(BRIC In-Vitro Diagnostics (IVD) Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018: http://www.marketresearchreports.biz/analysis/168197
Tests which are performed in test- tubes or in a controlled environment outside a living organism to provide diagnosis are known as In-vitro diagnostic (IVD) tests. Contemporary IVD industry commonly uses analytical instruments and reagents to perform various tests to diagnose study and monitor various kinds of diseases. The reagents used are specialized chemicals which are capable of reacting with target substances such as tissue, blood, urine etc, found in the sample provided by the patient. Also, the analytical instruments include various equipments that bring the sample and the reagent together for the reaction to happen and automate the process.)
(Global In-Vitro Diagnostics (IVD) Industry 2015 Market Research Report: http://www.marketresearchreports.biz/analysis/319790
The Global In-Vitro Diagnostics (IVD) Industry Report 2015 is a professional and in-depth study on the current state of the In-Vitro Diagnostics (IVD) industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The In-Vitro Diagnostics (IVD) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are also discussed and manufacturing processes and cost structures analyzed.)