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Asia-Pacific IVD Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 5.4% - ResearchAndMarkets.com

July 4, 2018

DUBLIN--(BUSINESS WIRE)--Jul 4, 2018--The “Asia-Pacific IVD Market by Product Type - Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering. The Asia-Pacific IVD market accounted for $13,680 million in 2016, and is estimated to reach at $19,888 million by 2023, growing at a CAGR of 5.4% from 2017-2023. In Vitro Diagnostics (IVD) is the technique in which medical devices and reagents are used to examine specimens such as blood, urine, stool, tissues, and other body fluids of human body for detection of diseases, conditions, and infections; in an in-vitro environment. The Asia-Pacific IVD market is driven by rise in geriatric population and rapid expansion of government healthcare expenditure. In addition, increase in awareness of personalized medicine and preventive healthcare measures boost the market share. Furthermore, rise in prevalence of communicable and non-communicable diseases are anticipated to increase the demand of diagnosis, thereby increasing the market growth. The market is segmented on the basis of product type, techniques, application, end-user, and country. By product type, the market is categorized into reagents, instruments, and software & services. On the basis of techniques, it is categorized into immunodiagnostics, blood testing, molecular diagnostics, tissue diagnostics, clinical chemistry, and other IVD techniques. Application segment covered in the study include infectious diseases, cancer, cardiac diseases, immune system disorders, nephrological diseases, gastrointestinal diseases, and other indications. Based on end-user, it is classified into, hospitals, academic and medical schools, point of care testing, and others. Companies Mentioned:

Thermo Fisher Scientific Inc. Alere Inc. Biomerieux Danaher Corporation F. Hoffmann-La Roche AG Becton Dickinson and Company Bio-Rad Laboratories Bayer AG Sysmex Corporation Johnson & Johnson

Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 IVD Market, By Product Type 5 IVD Market, By Technique 6 IVD Market, By Application 7 IVD Market, By End Users 8 Asia-Pacific IVD Market 9 Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/x8c59c/asiapacific_ivd?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180704005034/en/

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Related Topics:In Vitro Diagnostics

KEYWORD: ASIA PACIFIC

INDUSTRY KEYWORD: WOMEN HEALTH BIOTECHNOLOGY MEDICAL DEVICES BABY/MATERNITY CONSUMER

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/04/2018 04:15 AM/DISC: 07/04/2018 04:15 AM

http://www.businesswire.com/news/home/20180704005034/en

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