Tuesday, 30 July 2013

In Vitro Diagnostic Tests Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 - 2019)

In vitro diagnostic test are the kind of medical tests which are performed to detect diseases, infections and pathological conditions. These tests are performed in test tubes or in controlled environment outside the patient’s body.  In vitro diagnostic tests are executed with the help of reagents, reagent products, control materials and apparatus such as laser and cell, to examine specimens like blood and tissue.

To detect wide array of diseases, a variety of in vitro diagnostic tests are performed such as immunoassay, molecular diagnostics, hematology, flow cytometry, coagulation and clinical chemistry. Immunoassay is a biochemical test, used to detect the presence of analyte in the specimen with the use of immunoglobulin or antibody. They are used to detect pregnancy, heart diseases, prostate cancer and others. Molecular diagnostic test detects specific sequences in DNA or RNA including single nucleotide polymorphism (SNP), deletion, insertion and rearrangement which may or may not be associated with the diseases. They are helpful in detecting infectious and genetic diseases, pharmacogenomic and cancer.

Hematology diagnostic tests use blood as the sample to diagnose illness or disorders. They are helpful in detection of cancer, blood diseases and blood protein. Flow cytometry diagnostic tests are performed to count and sort cell, detect biomarker and protein in the sample which is passed through an electronic detection apparatus. They are majorly used to detect blood cancer. Coagulation diagnostic tests are involved in diagnosis of hemostasis system through coagulometer. Clinical chemistry tests are performed to detect the significant amount of substances in urine, blood, body fluid and tissues.

In vitro diagnostic test provides better and accurate detection of different diseases and hence helps in providing specific treatment for the same. Rise in incidence of chronic and infectious diseases amongst aging population coupled with increasing awareness in developed nations such as U.S. and Europe have augmented the growth of this market. Lack of awareness and disposable income in developing nations has negatively impacted the growth of this market.

Some of the market players in this industry segment are Roche Diagnostics, Abbott Laboratories, Siemens Medical, Beckman Coulter Inc. and others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report:
  • This report provides pin-point analysis for changing competitive dynamics.
  • It provides a forward looking perspective on different factors driving or restraining market growth.
  • It provides a technological growth map over time to understand the industry growth rate.
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow. 
  • It helps in understanding the key product segments and their future.
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments. 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments.

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