Global Professional Diagnostics Market to Grow at a CAGR of 6.76% During the Period 2016-2020

"The Report Global Professional Diagnostics Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -"


Albany, NY -- (SBWIRE) -- 11/18/2016 -- Description

About Professional Diagnostics

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.

Technavios 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.

The market is divided into the following segments based on geography:


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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
Roche Diagnostics
Siemens Healthcare
Thermo Fisher Scientific

Other prominent vendors
A&T Corporation
Menarini Diagnostics
Accriva Diagnostics
Acon Laboratories
Ahram Biosystem
Bio-Rad Laboratories
Chembio Diagnostic Systems
Clarity Diagnostics
Drucker Diagnostics
EKF Molecular Diagnostics
Erba Diagnostics
Green Cross Medis
Helena Laboratories
Instrumentation Laboratory
Landwind Medical
Nihon Kohden
Nipro Diagnostics
Randox Laboratories
Sekisui Medical
Sinduri Biotec
Snibe Diagnostics
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?

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