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Research and Markets: Global In Vitro Diagnostics (IVD) Market Forecasts and Opportunities, 2020 - Revenue is Expected to Reach $74.65 BillionDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/5z9v4v/global_in_vitro) has announced the addition of the "Global In Vitro Diagnostics (IVD) Market - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020" report to their offering. The IVD market revenue is expected to reach $74.65 billion by 2020, from the market value of $53.32 billion in 2013, at a CAGR of 5.34% during 2014-2020. Geographically, Asia Pacific is the fastest growing region and very opportune market that would generate highest revenue by 2020. Increase in the number of chronic and infectious diseases, and technological advancements are the major driving factors for the market. Widespread knowledge of healthcare & its benefits, and cost effectiveness are some top impacting fators of the global IVD market. The stringent regulatory policies and reimbursement issues are limiting the growth of the market. Furthermore, the rising demand for technologically advanced diagnosis devices and increased spending capabilities of consumers on health care provides huge potential for IVD in Asia Pacific market. Scope of the Report KEY MARKET SEGMENTS
MARKET BY PRODUCT TYPE
MARKET BY USABILITY
MARKET BY APPLICATIONS
MARKET BY END USER
Companies mentioned:
For more information visit http://www.researchandmarkets.com/research/5z9v4v/global_in_vitro
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