NEW YORK, Sept. 28 /PRNewswire/ — Reportlinker.com announces
that a new market research report is available in its
The global IVD market has been experiencing rapid growth, in
spite of the economic recession. There has been growing awareness
about health and prevention of diseases among the people, which is
expected to further boost the industry’s performance in the coming
years. Furthermore, with countries making their healthcare services
more and more accessible to the people, the demand for various IVD
devices is increasing.
The developed countries presently account for the bulk of the
IVD market. The emerging economies although do not have a major
share in the global market, but are expected to grow at faster rate
in the future and offer growth opportunities in the global market.
The US, Europe and Japan are the main markets for both the
pharmaceuticals and IVD industries, controlling more than
three-fourth of the global IVD market. In Europe, the largest
markets are Germany, followed by Italy and France.
Diabetes has been one of the major segments of the IVD market.
Also, diabetes is regarded as one of the fastest growing diseases
in the world due to the changing lifestyle of the present era’s
Demand within the IVD industry has been driven by the ever
increasing ageing population, technological advancements and more
strict disease control standards in developed countries, amongst
others. The emerging economies offer immense opportuniti