Precision Business Insights has published a report on the global in-vitro diagnostics (ivd) market, estimating its value at USD 80,925.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 3.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-in-vitro-diagnostics-market
Market Definition:
The term "in-vitro diagnostics" (IVD) describes tests and procedures carried out on human body samples, such as blood, urine, tissue, or saliva, in order to identify illnesses, track medical problems, or assess how well therapies are working.
Drivers:
1) Rising prevalence of chronic and infectious diseases.
2) Technological advancements in diagnostics tools
The global in-vitro diagnostics (ivd) market segmentation:
1) By Product: Reagents and Kits, Instruments. 
2) By Test Type: Clinical Chemistry, Molecular Diagnostics, Immunodiagnostics, Hematology, and Others. 
3) By Usability: Disposable IVD Devices, and Reusable IVD Devices. 
4) By Application: Infectious Disease, Diabetes, Cancer/Oncology, Cardiology, Autoimmune Disease, Nephrology, and Others. 
5) By End User: Hospitals Laboratories, Clinical Laboratories, Point-of-care Testing Centers, Academic Institutes, Patients, and Others.
Regional Overview:
The report also examines the current concerns and their Future Effects on the in-vitro diagnostics (ivd) market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the in-vitro diagnostics (ivd) market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
•    North America (U.S., Canada)
•    Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•    Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
•    Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
•    Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Roche Diagnostics, Abbott Laboratories, Thermo Fisher Scientific, Danaher Corporation, Siemens Healthineers, bioMérieux, Sysmex Corporation, Bio-Rad Laboratories, Qiagen N.V., Becton, Dickinson & Company (BD) QuidelOrtho (Ortho Clinical Diagnostics) Hologic Inc. Illumina Inc. PerkinElmer Inc. DiaSorin S.p.A. Grifols S.A. Randox Laboratories Ltd. Meril Life Sciences Pvt. Ltd. Mindray Medical International Ltd. Shanghai Kehua Bio-Engineering Co. Ltd. Seegene Inc. Fujirebio Inc. Radiometer Medical ApS, Cepheid Inc. Quest Diagnostics Incorporated, Laboratory Corporation of America Holdings (LabCorp) Luminex Corporation, Exact Sciences Corporation, Instrumentation Laboratory (Werfen Group) Transasia Bio-Medicals Ltd. EKF Diagnostics Holdings plc, Abaxis Inc. AccuBioTech Co. Ltd. Artron Laboratories Inc. Ascensia Diabetes Care Holdings AG, BioNote Inc. BTNX Inc. Boditech Med Inc. Xiamen Boson Biotech Co. Ltd. Calypte Biomedical Corporation.
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