In Vitro Diagnostics Devices Market size was valued at $71,496.16 million in 2020, and is projected to reach $106,914.16 million by 2030, growing at a CAGR of 4.08% from 2021 to 2030.
The in vitro diagnostics (IVD) devices market refers to the market for medical devices that are used to diagnose medical conditions or diseases through laboratory analysis of samples such as blood, urine, and tissue. These devices include diagnostic reagents, testing kits, and instruments used in laboratory and point-of-care settings.
The global IVD devices market has been growing steadily over the past few years due to factors such as an aging population, an increase in chronic diseases, and technological advancements in the field of diagnostic testing.
For the purpose of diagnosing illnesses, disorders, and infections, in vitro diagnostics (IVD) refers to the reagents, tools, and software used to analyse specimens taken from the human body, such as blood, urine, stool, tissues, and other physiological fluids. There are also other IVD device types that employ various techniques, including immunodiagnostics, tissue diagnostics, haematological, and molecular diagnostics. Devices are used in specialised medical facilities to carry out diagnosis since the application and management of the IVD market require technical competence.
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Market Segmentations:
Global In Vitro Diagnostics Devices Market: By Company
- Roche
- Siemens
- Abbott
- Beckman
- BD
- Johnson & Johnson
- BioMerieux
- Bio-Rad
- Sysmex
- Thermo Fisher Scientific
- Randox
- Grifols
- Hitachi
- Toshiba
- Erba Mannheim
- KHB
Global In Vitro Diagnostics Devices Market: By Type
- Biochemical Analyzer
- Urine Analyzer
- Immunoassay Analyzer
- Others
Global In Vitro Diagnostics Devices Market: By Application
- Hospitals
- Clinics
- Other
Global In Vitro Diagnostics Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global In Vitro Diagnostics Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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- Data at the regional, sub-regional, and national levels also provides information on the market’s supply and demand dynamics.
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