In-Vitro Diagnostics Market

1
In-Vitro Diagnostics Market Trends, Size, Share,
Demands, Overview, Growth, Revenue and Forecast
to 2030
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Sternal Closure Systems Market Trends Forecast
Till 2030
In Vitro Diagnostics Market By Product And
Services (Reagents, Instruments, Software And
Services), by Technique (Immunodiagnostics,
Hematology, Molecular Diagnostics, Tissue
Diagnostics, Clinical Chemistry, Others), by
Application (Infectious Diseases, Cancer, Cardiac
Diseases, Immune System Disorders, Nephrological
Diseases, Gastrointestinal Diseases, Others), by
End User (Standalone Laboratories, Hospitals,
Academic And Medical Schools, Point Of Care,
Others) and region (North America, Europe,
Asia-Pacific, Middle East and Africa and South
America).
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Market Overview
In May 2021, the esteemed University of
California accomplished a remarkable feat in the
field of medical science by developing a highly
sensitive molecular test. This particular test
capitalizes on cutting-edge chip technology and
is capable of detecting the presence of both
influenza A and SARS-CoV-2 antigens. It is
currently undergoing further scrutiny and
investigation for potential conversion into a
Point-of-Care (POC) test. The industry dynamics
have witnessed a significant shift, with an
ever-growing number of players directing their
focus towards the development and launch of tests
for at-home use. Furthermore, in the year 2021,
the Food and Drug Administration (FDA) has
demonstrated an increased proclivity towards
prioritizing home-based molecular diagnostic
tests. Specifically in the month of March, the
renowned BATM Advanced Communications Ltd.
announced the launch of its revolutionary
molecular diagnostics self-test kit, designed for
the sole purpose of detecting COVID-19. Purchas
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-vitro-diagnostics-market
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4
Key Findings
The In-Vitro Diagnostics Market is segmented into
Product And Services, Technique, Application,
End-User, and region On the basis of product,
the segment pertaining to reagents was found to
have secured the most substantial market share in
the in vitro diagnostic market in the year 2020,
and it is anticipated that it shall continue to
maintain its preeminent position during the
projected period, all due to the irrefutable fact
that reagents in this field are an indispensable
and integral component of every diagnostic test
conducted in vitro. On the basis of Technique,
the immunodiagnostics sector, which specializes
in the identification of antibodies or antigens
within a biological sample, was found to have the
largest proportion of market share during the
year 2020.
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Key Findings
On the basis of application, The segment of
infectious diseases, which pertains to the study
of diseases caused by pathogenic microorganisms
such as bacteria, viruses, parasites, and fungi,
held the largest market share in the field of in
vitro diagnostics (IVD) in the year 2020. The
market is also divided into various regions such
as North America, Europe, Asia-Pacific, South
America, and Middle East and Africa. North
America is estimated to account for the largest
market share during the forecast period. Inquire
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Competitive Landscape

• Abbott
• bioMérieux SA
• Quidel Corp.
• Siemens Healthineers
• Bio-Rad Laboratories, Inc.
• Qiagen
• Sysmex Corp.
• Charles River Laboratories
• Quest Diagnostics
• Agilent Technologies, Inc.
• Danaher Corporation
• Becton Dickinson and Company

• F. Hoffmann-La Roche Ltd.
• Thermo Fisher Scientific
• Illumina
• Hologic
• Devyser
• PerkinElmer
• Chembio Diagnostics
• Surmodics. Inc
• Menarini Silicon

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Recent Developments
In November 2022, Thermo Fisher Scientific,
launched the rapid RT-PCR Accula Flu A/Flu B Test
Designed to enable healthcare providers to detect
and differentiate influenza A and B in about 30
minutes.  In October 2022, Thermo Fisher
Scientific entered a definitive areement to
acquire the biding site group a global leader in
specially diagnostics. The binding site provides
specially diagnostics assays and instruments to
improve the diagnosis and management of blood
cancers and immune system disorders.
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Contact Information
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