Asia Pacific In Vitro Diagnostics Market Demand, Status, Analysis and ForecastPosted by Neha Bora on January 29th, 2020 San Francisco, 29 January 2020: The Report Asia Pacific In Vitro Diagnostics (IVD) Market Analysis, By Product (Reagents, Instruments, And Services), By Technology (Immunoassays, Clinical Chemistry, Hematology, Molecular Diagnosis, Microbiology And Coagulation), By Application (Infectious Diseases, Oncology, Cardiology, Nephrology, Autoimmune Diseases, HIV, Drug Testing), By End-Use (Hospitals, Laboratories, Homecare Diagnostics, Research Institutes) And Segment Forecasts To 2024 The Asia Pacific In Vitro Diagnostics (IVD) market is expected to reach USD 33.4 billion by 2024, according to a new report by Grand View Research, Inc. The Asia Pacific IVD market is anticipated to witness lucrative growth during the period 2016 to 2024. The growth of the market is attributed to an increase in the number of infectious and chronic diseases as well as technological advancements in the field of in vitro diagnostics. Additionally, factors such as an increase in per capita income, the swiftly growing economies of India and China, increase in gross domestic product, and the rising disposable income are expected to be opportunistic for the industry growth. However, the presence of stringent regulatory policies, inadequate budget, and reimbursement issues are likely to hinder the growth of the market in the near future. The Asia Pacific IVD market is segmented into technology, application, end-user, and region. Based on the product type, the industry is categorized into reagents, instruments, and services. The reagents market is estimated to hold the largest revenue share owing to the extensive use of reagents in diagnostics. The molecular diagnostics segment is anticipated to be the fastest growing segment. On the basis of application, the market is categorized into infectious diseases, oncology, cardiology, nephrology, autoimmune diseases, HIV and drug testing. The large market share of this segment is attributed to the rising prevalence of infectious diseases. End-user applications include hospitals, laboratories, homecare diagnostics, and research institutes among others. Access Research Report of Asia Pacific In Vitro Diagnostics (IVD) Market @ https://www.grandviewresearch.com/industry-analysis/asia-pacific-in-vitro-diagnostics-ivd-market Further key findings from the study suggest:
Grand View Research has segmented the Asia Pacific in vitro diagnostics market on the basis of end-user, application, and region: Asia Pacific In Vitro Diagnostics Product Outlook (Revenue, USD Million, 2013 - 2024)
Asia Pacific In Vitro Diagnostics Technology Outlook (Revenue, USD Million, 2013 - 2024)
Asia Pacific In Vitro Diagnostics Application Outlook (Revenue, USD Million, 2013 - 2024)
Asia Pacific In Vitro Diagnostics End-User Outlook (Revenue, USD Million, 2013 - 2024)
Asia Pacific In Vitro Diagnostics Regional Outlook (Revenue, USD Million, 2013 - 2024)
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