TechNavio today launched its report Global In Vitro Diagnostics Market 2011-2015 based on an in-depth study focusing exclusively on the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”The Global In Vitro Diagnostics (IVD) market has been experiencing a significant increase in acquisitions by the global vendors since the recession. Most of the IVD vendors are acquiring small and medium companies to stay ahead of the competition. These acquisitions by the leading vendors will enable them to develop a variety of offerings for the Global IVD market, which will boost their revenue during the forecast period.”
According to the report, many reputed global IVD products manufacturers are focusing on countries such as Brazil, Russia, India, and China (BRIC) to establish their bases in these countries. The Global IVD market is expected to experience high growth, especially in BRIC. A significant number of government initiatives are being implemented to build a healthcare infrastructure. Moreover, the economic growth in these countries is leading to changes in lifestyle, which is resulting in an increase in chronic diseases in their population. Further, patient awareness about diagnosis of diseases and preventative approaches to healthcare are also becoming the major growth drivers for the IVD market in these emerging countries.
Further, the report discusses that one of the major challenges is the emergence of counterfeit or duplicate IVD products of the leading brands.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/tCPtP
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Healthcare, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Report – Global In Vitro Diagnostics Market 2011-2015
