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Asia Pacific In-vitro Diagnostics Market - A USD 18.5 Billion Opportunity by 2024

Author : Ronak Bora | Published Date : 2020-11-20 

The research report on Asia Pacific In-vitro Diagnostics Market offers a thorough understanding on this industry with significant details subject to its overall foothold in the global landscape and its application across major end-user industries and sectors. According to this report, Asia Pacific in-vitro diagnostics market recorded a remuneration of USD 12.3 billion in 2017 and is likely to surpass USD 18.5 billion by 2024, increasing at a considerable CAGR of 6%. Moreover, the document also lays focus on the vital information beneficial for various stakeholders in terms of the current market scenario, advancing technologies, expansive competitive landscape, industry strategies, growth prospects, and market segmentations.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1012/sample

The report further offers an insight to various factors that are touted to drive the growth curve of this industry in the upcoming years, along with including crucial details of the ongoing trends that the industry is characterized by. The Asia Pacific in-vitro diagnostics market, as given in the report, is divided on basis Product type, Service, Application. End-Use, regional, and competitive landscape.

Data management software segment was valued over USD 1.7 billion in 2017 and will witness similar growth trends. Segmental growth can be attributed to software that enables analysis of gene sequencing information derived from the quantification analysis and diffraction techniques. Collaborations of companies such as Roche with Microsoft and Cleidon will help in broadening its software offerings and thereby will escalate the segmental growth.

The APAC in-vitro diagnostics has been precisely diversified into China, Japan, India, Australia, South Korea, Malaysia, Indonesia, Thailand, Singapore, Taiwan, Philippines, Vietnam and its analysis has been briefly addressed in the given document. The report incorporates an analysis on various factors promoting the growth of regional markets, along with the future growth opportunities existing in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

India in-vitro diagnostics industry was valued USD 2.0 billion in 2017 and industry growth as a result of growing elderly population base in under developed economies such as India. India’s geriatric population base is around 60 million and that is projected to be doubled by end of 2030. Elderly population is more prone to chronic diseases such as diabetes and cancer will thereby increase the preference for point-of-care diagnostic devices elevating the business growth in forthcoming years.

The in-vitro diagnostics industry in Asia Pacific is highly consolidated and is divided into myriad companies such as Abbott, Becton Dickinson, BioRad, BioMerieux, Cephied, Danaher, Grifols, Johnson & Johnson, Luminex, Roche Diagnostics, Siemens, Sorin, Thermo Fisher and Qiagen. The research study incorporates comprehensive analysis on the sales spectrum of each of these firms, their tactics to sustain the position in the market, individual company profiles and market share, and stance in the global ecosystem.

Table of Content:

Chapter 4.     Asia Pacific In-vitro Diagnostics Market, By Product Type

4.1. Asia Pacific in-vitro diagnostics market share, by product type, 2017 & 2024

4.2. Reagents & kits

4.2.1.  Market estimates and forecast, by country, 2013 – 2024

4.3. Instruments

4.3.1.  Market estimates and forecast, by country, 2013 – 2024

Chapter 5.     Asia Pacific In-vitro Diagnostics Market, By Service Type

5.1. Asia Pacific in-vitro diagnostics market share, by service type, 2017 & 2024

5.2. Data management services

5.2.1.  Market estimates and forecast, by country, 2013 – 2024

5.3. Services

5.3.1.  Market estimates and forecast, by country, 2013 – 2024

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1012/apac-in-vitro-diagnostics-market

Other Reports:

Asia Pacific Gene Editing Market

Asia Pacific Cryogenic Tanks Market

Europe Benzalkonium chloride Market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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