Report Ocean has published a new report on the United States In-Vitro Diagnostics (IVD) Market, delivering an extensive analysis of key factors such as market restraints, drivers, and opportunities. The report offers a detailed examination of industry trends and developments shaping the growth of the United States In-Vitro Diagnostics (IVD) market. It also provides a comprehensive analysis and forecast of the market future performance.
United States In-Vitro Diagnostics (IVD) Market Size Expands at CAGR of 5.7% to Surpass USD 49 Billion by 2030
United States In-Vitro Diagnostics (IVD) Market is flourishing because of the increasing prevalence of chronic diseases and innovations in IVD technology, such as point-of-care testing, molecular diagnostics, and automation.
Request To Download Free Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc19010
Report Ocean, a leading strategic consulting and market research firm, in its recent study, estimated United States In-Vitro Diagnostics (IVD) Market size at USD 33.50 billion in 2023. During the forecast period between 2024 and 2030, Report Ocean expects United States In-Vitro Diagnostics (IVD) Market size to expand at a CAGR of 5.70% reaching a value of USD 49.10 billion by 2030. The growing elderly population and the increasing incidence of both communicable and non-communicable diseases are key drivers of United States in-vitro diagnostics (IVD) market. The number of point-of-care tests is also rising along with the use of automation in labs and automated equipment, which is expected to provide United States in-vitro diagnostics (IVD) market enormous potential for expansion over the period in analysis.
Opportunity – Rising adoption of automation in IVD labs
The increasing adoption of automated instruments and automation in laboratories is anticipated to present lucrative growth opportunities for United States In-Vitro Diagnostics (IVD) Market. Automated instruments provide several benefits, such as higher performance levels, enhanced productivity, data accuracy, and meeting safety protocols. As a result, many industry players are developing and launching automated instruments that offer higher efficiency and effectiveness in diagnostic tests. The increasing test volumes and shortage of skilled lab personnel are anticipated to boost automation in laboratories, thus, in turn, driving the growth of United States In-Vitro Diagnostics (IVD) Market.
Get a Free Sample PDF copy of the report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc19010
Hospitals Are Leading End Users of IVD in United States Market
The increasing number of hospital facilities and dependence on IVD for diagnosis and treatment decisions fuel the demand for in-vitro diagnostic tests. The high rate of in-patient and out-patient treatment in hospitals due to the presence of advanced diagnostic setups further contributes to its market growth. Hence, the hospital segment dominates United States In-Vitro Diagnostics (IVD) Market by end user. Meanwhile, the point-of-care (PoC) segment is also expected to grow at a high rate over the forecast period. Other major end user segments in United States In-Vitro Diagnostics (IVD) Market include standalone laboratories, and academic & medical schools.
Impact of Escalating Geopolitical Tensions on United States In-Vitro Diagnostics (IVD) Market
The escalating geopolitical tensions disrupt the growth of United States In-Vitro Diagnostics (IVD) Market. For example, China is one of the United States’ top economic partners and a significant exporter of medical diagnostic test equipment. However, the growing hostility between the two nations driven by China’s developing military might pose a risk to the healthcare industry. Additionally, geopolitical conflicts affect supply chains, making healthcare supplies harder to get and ultimately leading to price increases that might affect the growth of United States Market for In-Vitro Diagnostics (IVD).
For an in-depth analysis, you can refer sample copy of the report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc19010
Competitive Landscape
United States In-Vitro Diagnostics (IVD) market is intensely competitive, as a number of companies are competing to gain a significant market share. Key players in the market include Roche Diagnostics, Abbott Laboratories, Siemens Healthineers, Danaher Corporation, Thermo Fisher Scientific, Johnson & Johnson, Ortho-Clinical Diagnostics, Sysmex Corporation, Bio-Rad Laboratories, bioMerieux, QIAGEN, and Becton, Dickinson and Company.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and United States In-Vitro Diagnostics (IVD) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States In-Vitro Diagnostics (IVD) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents:
Chapter 1: Introduction to the United States In-Vitro Diagnostics (IVD) Industry
Chapter 2: Executive Summary
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the United States In-Vitro Diagnostics (IVD) Market among Players
Chapter 6: Market Size across Regions
Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report) @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc19010
Chapter 7: Application Segments in the Market
Chapter 8: Segment Analysis of the United States In-Vitro Diagnostics (IVD) Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted United States In-Vitro Diagnostics (IVD) Market Size (2024-2032)
Key Questions Addressed in the Market Report:
What are the consumer buying behaviors and preferences within the market?
What are the essential success factors and considerations for entering or expanding within the market?
What potential risks and challenges do market participants face?
What investment opportunities exist, and what are the expected returns?
How is the market segmented, and how should target markets be identified?
What marketing and advertising strategies are employed by successful market players?
What are the barriers to market entry and the level of competitive intensity?
What are the forecasts and projections for the market’s future?
What strategies are recommended for market participants to achieve success?
Access Full Report Description, TOC, Table of Figure, Chart, etc. @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc19010
(*Note: The report’s historical data and future projections can be customized based on client needs. Additionally, the report’s scope can be adjusted to include tailored analyses for specific regions or countries.)
About Report Ocean:
Report Ocean is a leading provider of market research, delivering high-quality insights to help clients across industries achieve their strategic goals. Their reports are designed to enhance market share in today’s competitive landscape by offering innovative and actionable market intelligence. As a trusted source of comprehensive market analysis, Report Ocean is the go-to solution for individuals, organizations, and industries seeking to stay ahead in the market.
Contact Information:
Email:[email protected]
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States
Telephone: +1 888 212 3539 (US – Toll-Free)
For more information and to explore their offerings, visit their website at:https://www.reportocean.com/