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Research and Markets: Global In-Vitro Diagnostics Market - Trends & Forecast to 2020DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/vp5rdl/global_invitro) has announced the addition of the "Global In-Vitro Diagnostics Market - Trends & Forecast to 2020" report to their offering. The global IVD market is expected to grow at a CAGR of more than 6% from 2014 to 2020 to reach a market size of more than $90 billion by the end of 2020 In the report, the IVD market has been segmented on the basis of techniques, products, applications, and end-users. The market assessment of the above mentioned segments is made across the geographies such as North America, Europe, Asia-Pacific, LATAM and MENA. Major factors such as technological advancements in the diagnostics, and rising healthcare awareness, increased incidence of chronic and infectious disease, demand for POCT devices are boosting the market growth However, intensified competition, reimbursement issues, and affordability of healthcare diagnostics are hindering te IVD market growth. The global IVD market by technique is segmented into clinical chemistry, Immunochemistry or Immunoassay, haematology, coagulation, microbiology, molecular diagnostics and other clinical instruments. Immunochemistry or Immunoassay accounted for the largest share in 2013 and is growing at a steady pace. Whereas, molecular diagnostics market segment is expected to register the highest CAGR of more than 9% from 2014 to 2020. IVD products market is categorized based on instruments, reagents, data management software/hardware and services. Reagents market commanded the largest share in 2013 and is expected to grow at the highest CAGR of more than 7% during the forecast period. The global IVD market by application is segmented into infectious disease, oncology, diabetes, cardiology, nephrology, autoimmune disease, HIV/AIDS, drug testing, and others. Infectious disease commanded the largest share in 2013 and is expected to grow strong, whereas oncology segment is expected to register the highest CAGR during the forecast period. IVD market by end-users is sub segmented into laboratory, hospitals, academics and patient self-testing. Hospital accounted for the largest market of $25.5 billion in 2013 and is expected to reach $41.9 billion by 2020 at a CAGR of 6.4%. Key Topics Covered: 1. Summary 2. Introduction 3. Market Overview 4. Global IVD market by Products 5. Global IVD market by Techniques 5. Global IVD market by Applications 6. Global IVD market by End-users 7. Geographic Analysis 8. Competitors Landscape 9. Major Player Profiles
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