IVD Market in Europe Grow at a CAGR of 4.78% by Revenue During the Forecast Period 2017-2020

ResearchMoz presents professional and in-depth study of “IVD Market in Europe 2016-2020”.

IVD tests help diagnose, monitor, and assess medical conditions, diseases, and infections in a controlled environment. These tests help in early diagnosis of diseases by enhancing control on test procedures and provide accurate results, leading to quality treatment and shorter hospital stays. They are also minimally invasive and help in lowering treatment costs. Manufacturers develop reagents, analytical instruments such as automated analyzers, and accessory products including software to measure the quality and parameters of samples.

Technavios analysts forecast the IVD market in Europe to grow at a CAGR of 4.78% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the IVD market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IVD consumables and instruments in EU27 countries.

The market is divided into the following segments based on geography:

Technavio’s report, IVD Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Abbott Laboratories
Beckman Coulter, Inc
Becton, Dickinson and Company
F. Hoffmann-La Roche Ltd
Siemens Healthcare GmbH
Thermo Fisher Scientific Inc

Other prominent vendors
A. Menarini Diagnostics
Acon Laboratories
Bio-Rad Laboratories
Chembio Diagnostic Systems
Clarity Diagnostics
Helena Laboratories
Landwind Medical
Nipro Diagnostics
Randox Laboratories
Snibe Diagnostics
Span Diagnostics
Trivitron Healthcare

Market driver
High prevalence of chronic diseases and infections
For a full, detailed list, view our report

Market challenge
Competition among vendors and SMEs
For a full, detailed list, view our report

Market trend
Use of DNA probe-based diagnostics
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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