India In-Vitro Diagnostics Market Projected to Grow at a CAGR of 20.0% During Forecast Period

Posted on 2018-08-06 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Aug-06 — /EPR Network/ —According to Goldstein Research, India in-vitro diagnostics (IVD) market size is estimated at USD 1.6 Billion in 2017 which is anticipated to grow at a CAGR of 20.0% over the forecast period 2016-2024. The government support towards medical devices and coupled with the increasing penetration of insurance cover, and automation in the healthcare industry is driving the growth of India in-vitro diagnostics market. Further, India in-vitro diagnostics market segmentation has been done on the basis of healthcare segments, application, end user and geography.

Based on healthcare segments, immunochemistry market accounted for largest market share i.e. 40.0% of India in-vitro diagnostics market. Moreover in the sub-segments, reagents market account for the largest market share nearly 70% to 80% of the total IVD market.

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Market Segmentation

India In-Vitro Diagnostics Market can be segmented as follows:

Based on Healthcare Segments

By Immunochemistry (Products, Reagents and Services)
By Clinical Chemistry (Products, Reagents and Services)
By Hematology (Products, Reagents and Services)
By Coagulation & Hemostasis (Products, Reagents and Services)
By Clinical Microbiology (Products, Reagents and Services)
By Molecular Diagnostics (Products, Reagents and Services)
By Biochemistry (Products, Reagents and Services)
By Others (Products, Reagents and Services)

Based on Application

Oncology
Diabetes
Infectious Disease
Cardiology
Autoimmune Disease
Nephrology
Drug Testing

Based on End User

Hospitals
Diagnostics/Pathology Labs
Research and Development Centers (R&D)
Home care Settings

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“India In-Vitro Diagnostics Market Outlook 2024” contains a detailed overview of the India in-vitro diagnostics market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by healthcare segments, application and end user.

Key players discussed in India In-Vitro Diagnostics Market Report are: Roche Diagnostics, Beckman Coulter, Siemens, Transasia Bio-Medicals Ltd., Accurex, Bayer Healthcare, Becton and Dickinson, bioMerieuxNicholas Piramal, Wipro Biomed, Johnson and Johnson, Olympus , Diagnostics, Sigma Aldrich, Hitachi, Ortho Clinical Diagnostic, Ranbaxy Diagnostics, Bio-Rad Laboratories, etc.

Further, India In-Vitro Diagnostics Market Report highlights market data [size (USD), market share (%), growth rate (%), investments] and market dynamics [growth drivers, trends, opportunities, market challenges, risk analysis, BPS (Base Point Scale) analysis, market attractiveness, Porter’s five force model and SWOT analysis].

The report also encompasses competitive outlook of major players in the industry through company profiling which includes company overview, revenue share, financial analysis, business strategies, products, services and industries catered and recent developments in the companies. The report provides an in-depth analysis of the market to help the clients in assessing the investment & growth strategies for existing players and present & future growth prospects for new entrants.

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Market Segmentation

Based on Healthcare Segments

Based on Application

Based on End User

About Goldstein Research

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