Lewes, DE -- (SBWire) -- 06/12/2015 --Report forecast the IVD market in the US to grow at a CAGR of 5.45% over the period 2014-2019.
IVD tests are helpful in diagnosis, screening, and disease management in humans and animals. These tests are usually performed in controlled environment, and they include blood analysis for the sign of infection and urine for the presence of glucose. The purpose of IVD test is not only to direct therapeutic effect but also to provide the health status of a patient. IVD plays an important role in supporting the decision making for clinical conditions. These advances have led to the development of point of care and self-test, which are easy and convenient for patients and medical professionals to use. The self-test include pregnancy test, blood glucose monitoring, cholesterol testing, infectious disease testing, and cardiac biomarker tests. IVD test can be performed in various settings, including clinical laboratory, a physician's office, or at home.
This report covers the present scenario and the growth prospects of the IVD market in the US for the period 2015–2019. The market can be divided into three segments: consumables, instruments, and services. To calculate the market size, the report considers the revenue generated from the three segments.
According to the report, the Healthcare Reform Act of 2010 aimed to increase accessibility and provide quality healthcare at affordable costs to all citizens. Since its initiation, there has been an increase in the number of citizens covered by insurance. According to the Congressional Budget Office, by 2015, almost 19 million US citizens will be covered by insurance as a result of PPACA. In addition, it introduced preventive services for women such as screening for cervical cancer and mammograms, which will be covered by health plans. The full-time employees of large companies also benefited because they were initially denied health insurance by their employers. These factors will give an impetus to the growth of the market.
The IVD Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
Key key players in the IVD market in the US: Abbott Laboratories, bioMérieux, Danaher, Roche Diagnostics and Siemens Healthcare
Other Prominent Vendors in the market are: A. Menarini Diagnostics, ARKRAY, Affymetrix, Agilent Technologies, Alere, Axis-Shield, Bio-Rad Laboratories, Bruker BioSciences, Cepheid, Dako, DiaSorin, ELITech, Eiken Chemical, Fujirebio Diagnostics, GE Healthcare, Grifols, Horiba, Illumina, Instrumentation Laboratory, Johnson & Johnson, Luminex, Magellan Biosciences, Nanosphere, Nova Biomedical, Nova Century Scientific, PerkinElmer, Phadia, QIAGEN, Quidel, Quest Diagnostics, Randox Laboratories, Sysmex Hematology, Tosoh, Trinity Biotech and Werfen Life Group
Market Driver
- Changes in Healthcare System
- For a full, detailed list, view our report
Market Challenge
- Regulatory and Reimbursement Issues
- For a full, detailed list, view our report
Market Trend
- Move toward Real-time Personalized Treatment
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
Spanning over 85 pages, "IVD Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, US Healthcare Reform, Reimbursement and Coverage: An Overview, Market Landscape, Market Segmentation by Application, Market Segmentation by Technique, Market Segmentation by Component, Market Segmentation by End-users, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/ivd-market-us-2015-2019
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1st- IVD Market in China 2015-2019 - visit at: http://www.marketresearchreports.com/technavio/ivd-market-china-2015-2019
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