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Gobal Professional Diagnostics market to grow at a CAGR of 6.76% during the period 2016-2020.

Wednesday, November 23, 2016 5:43
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(Before It's News) include new market research report “Global Professional Diagnostics Market – Size, Share, Trends, Forecast 2020”

About Professional Diagnostics

The global professional diagnostics market is expected to grow at a high rate in the forecast period. Factors such as increasing aging population and rise in incidence and prevalence of chronic diseases and infections are driving the market. Cancer, tuberculosis, malaria, diabetes, and cardiovascular diseases are the main factors for the increasingly diagnosed population. In addition, increasing public awareness, rapid technological innovations, product approvals from regulatory authorities, and new product launches are expected to have a positive impact on the market over the next few years.

The global professional diagnostics market to grow at a CAGR of 6.76% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global professional diagnostics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of in-vitro diagnostics (IVD) instruments.

The market is divided into the following segments based on geography:

• Americas



Global Professional Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

• Abbott Diagnostics

• Danaher

• Roche Diagnostics

• Siemens Healthcare

• Thermo Fisher Scientific


Other prominent vendors

• A&T Corporation

• Menarini Diagnostics

• Abaxis

• Abcam

• Accriva Diagnostics

• Acon Laboratories

• Affymetrix

• Ahram Biosystem


• AsuraGen

• Biocartis

• Bio-Rad Laboratories

• CellaVision

• Cepheid

• Chembio Diagnostic Systems

• Clarity Diagnostics

• Corgenix

• DiagCor

• Drucker Diagnostics

• EKF Molecular Diagnostics

• Erba Diagnostics

• Green Cross Medis

• Helena Laboratories

• Hologic


• Instrumentation Laboratory

• i-Sens

• Landwind Medical

• Mindray

• Nihon Kohden

• Nipro Diagnostics

• Randox Laboratories

• Sekisui Medical

• Sienco

• Sinduri Biotec

• Snibe Diagnostics

• Stago

• Trivitron Healthcare

Market drivers

• Increasing industrial partnerships driving the growth of the market

• Growing focus on diagnosing life-threatening conditions boosts POCT segment

• Potential opportunities for physician office laboratories (POL)

Market challenge

• Professional challenges in clinical microbiology and infectious diseases in Europe

• Strained laboratory budgets and lowering reimbursement effecting instrument sales

• Industry consolidation posing threat to new entrants

• Limitations of closed systems in professional diagnostics testing

Market trends

• Launch of novel tests in lung and colon cancer influencing the market growth of PD devices

• Renting and leasing of professional diagnostics instruments

• Multiple technologies-based hematology analyzers

• Paradigm shift toward focused investments by vendors is increasing the market competition

Key questions answered in this report

• What will the market size be in 2020 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?


You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


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