MNCs Turn on to Indian IVD Space

As per our new research report, “Global In Vitro Diagnostic Market Analysis”, the Indian IVD market is growing incessantly over the past few years. Various factors, such as better infrastructure, improved instrument capabilities, and increased awareness and scientific support has been driving the growth in the market. Currently, there are around 11,289 government hospitals in the country and the number continues to expand, which in turn will drive growth in the IVD market.

Our research indicates that many MNCs are focusing on investing in the Indian IVD industry. Roche Diagnostics, Transasia, Dade Behring, Randox, Olympus, Beckman Coulter, Merck, Human (marketed by Medsource Ozone), and Logotech accounted for majority of the installations in the fully automated instrument segment in 2009. It is expected that in the coming years, many players will look for expansion in the Indian IVD Market.

Besides, we have also conducted a thorough research and prudent analysis of Global IVD market and identified some critical factors acting as a catalyst for the industry’s current and future growth outlook. The report reveals that a boost in demand for diagnostics services will drive renewed investments in the IVD market at the global level. Moreover, products with improved specificity and sensitivity; speed-up testing; and an increase in high-quality molecular market will pave the growth of the market in the coming years by drawing attention of more players in the market.

“Global In Vitro Diagnostic Market Analysis”, provides a thorough research and rational analysis along with reliable statistics of the Global IVD market. The report also provides extensive information on the traditional IVD testing markets as well as on the emerging technologies. Also, an insight of trends prevailing in the regional IVD markets across the globe has been covered in the report. Analysis and statistics regarding market size, growth, share, segmentation, and geographic distribution and trends in technology development have been thoroughly studied in the report to give a comprehensive view of the IVD market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in the coming years.

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