North America In-vitro Diagnostics Market to witness 5.6%+ CAGR by 2024 - PowerPoint PPT Presentation

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North America In-vitro Diagnostics Market to witness 5.6%+ CAGR by 2024

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Increasing geriatric population preferring personalised medicines will boost North America in-vitro diagnostics market growth. Geriatric population in the U.S. is around 46 million that is forecasted to double by 2060. – PowerPoint PPT presentation

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Title: North America In-vitro Diagnostics Market to witness 5.6%+ CAGR by 2024


1

North America In-vitro Diagnostics Market to
reach USD 39bn by 2024 Graphical Research
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
2

Key Insights from North America In-vitro
Diagnostics Market
  • Graphical Research says, North America In-vitro
    Diagnostics Market to reach USD 39bn by 2024
  • Integration of advanced technology within the
    diagnostic devices will improve accuracy and
    efficiency of these devices that should have a
    positive impact on in-vitro diagnostics industry
    growth.
  • Technologically advanced countries such as the
    U.S. and Canada focus their efforts on RD to
    manufacture automated laboratory diagnostic
    machines and equipment for accurate detection of
    diseases.
  • In-vitro diagnostics market should grow
    significantly as a result of increasing
    prevalence of chronic diseases such as diabetes
    and cancer. As reported by National Cancer
    Institute, in 2018, there will be 1,735,350 cases
    of cancer that will escalate the business growth
    significantly in the near future.
  • Reagents kits segment will grow at 6.6 during
    the forecast timeframe owing to escalating demand
    for such product types used in diagnosis of
    viral, fungal and bacterial diseases.

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
3

Continued...
  • Data management software segment accounted for
    20.7 revenue share in 2017.
  • Molecular diagnostics technology segment will
    grow at 8.3 CAGR over the forecast timeframe.
  • Diabetes segment was valued at USD 3.9 billion in
    2017 and is expected to have high growth rate as
    a result of growing prevalence of diabetes in
    developed countries due to increasing incidences
    of obesity amongst the individuals.
  • Point-of-care segment had enormous market size of
    USD 6.2 billion in 2017 and the high growth of
    the segment can be accounted to the growing use
    of point-of care molecular diagnostic devices for
    detecting blood glucose levels even at home.
  • U.S. in-vitro diagnostics market should witness
    high growth and held a momentous share of USD
    23.9 billion.
  • Key industry competitors operating in North
    America in-vitro diagnostics market are Abbott,
    Becton Dickinson, BioRad, BioMerieux, Cephied,
    Danaher, Grifols, Johnson Johnson, Luminex,
    Roche Diagnostics, Siemens, Sorin, Thermo Fisher
    and Qiagen.

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
4

Browse Full Market Research Report On North
America In-vitro Diagnostics Market _at_
https//bit.ly/2NUnZTf Request for a Sample
of this Research Report _at_ https//bit.ly/2PepUhM

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
5

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