Europe In Vitro Diagnostics Market Size Is Expected To Cross USD 15.5 Billion By 2024Posted by Neha Bora on May 23rd, 2023 San Francisco, 23 May 2023: The Report Europe In Vitro Diagnostics Market Size, Share & Trends Analysis Report By Product (Instruments, Reagents, Services), By Technique (Immunology, Hematology, Clinical Chemistry, Coagulation, Microbiology, Molecular Diagnostics) By Application By End-use, And Segment Forecasts To 2024 The Europe IVD market is expected to reach over USD 15.5 billion by 2024 according to a new report by Grand View Research, Inc. This expected increase in the demand is ascribed to the presence of novel and promising technologies in clinical laboratories, such as the introduction of Troponin T test by Roche Diagnostics in May, 2011. Persistent research and development efforts made to introduce automation in laboratories that perform analytical tests are projected to propel the market growth over the forecast period. Clinical laboratory operations require automated analyzers to cope with the large test volumes, which enhance the overall operational workflow. It minimizes the need for dedicated operator training and negates the risk of human errors. In addition, the rising demand for portable and handheld IVD devices is one of the major factors pushing forward the growth of the market. The increasing prevalence of chronic diseases, such as diabetes, cancers, and cardiac dysfunctions and the rising geriatric population coupled with the rising awareness towards early diagnosis in low-income countries, such as Bulgaria, Finland, Malta, and Estonia are the potential drivers of the Europe IVD market. Access Research Report of Europe In Vitro Diagnostics Market @ https://www.grandviewresearch.com/industry-analysis/europe-in-vitro-diagnostics-ivd-market Further key findings from the study suggest:
Access Press Release of Europe In Vitro Diagnostics Market @ https://www.grandviewresearch.com/press-release/europe-in-vitro-diagnostics-ivd-market-analysis Like it? Share it!More by this author |