Get full report at: http://www.reportsandintelligence.com/ivd-in-vitro-diagnostics-market
In vitro diagnostics (IVD) is a method of diagnostic test in an external environment outside human body. Th...
e global IVD market is expected to generate revenue of $74.65 billion by 2020, registering a CAGR of 5.34% during 2014-2020. The report segments the IVD market into techniques, usability, application, product type, geography and end users. In terms of Geographical analysis, Asia Pacific is would grow exponentially and is expected to generate maximum revenue during the estimated period due to rising awareness and healthcare expenditure of the people.
Technological strides along with rising incidences of infectious & chronic diseases are the key factors that drive the market growth. Further, Widespread healthcare awareness and its cost effectiveness would boost the market growth. However, the strict governing policies and reimbursement concerns are slowing down the overall market growth.
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