Global IVD Market to Sustain Growth with Technological Advancements

Noida, UP India (PressExposure) December 29, 2011 -- The global In-vitro diagnostics (IVD) market has been growing, and this augmentation is expected to sustain in the future on the back of several factors, including the increasing prevalence of chronic and infectious diseases. Technological advancements are at their peak, and the applicability of the IVDs to suit novel and diverse purposes has been catching up fast. A new research report on "Global In Vitro Diagnostic Market Analysis" by RNCOS reveals that speed, accuracy and convenience are among the factors which make the IVD products more popular and lead to their further growth.

The robust expansion of the IVDs in the emerging economies is another promising factor for their further development, according to the 130-page report, which not only discusses various segments of the global IVD market, but also throws light on the significant and recent developments in these areas. The research finds out that the clinical chemistry and immuno-chemistry segments dominate the market, owing to their wide applications. It also anticipates that the growth in the molecular diagnostics segment would be phenomenal in the coming years. Besides, more innovations and research can be expected in the segment to introduce novel diagnostic tools in the future.

The report provides a thorough research and rational analysis of the current status and expected position of the global IVD market. It facilitates the future forecasts on the total IVD market, products and geographical sub-segments covered. The analysis of the emerging sectors and key players in the market provide a holistic view about it to the clients. Explaining some of the constraints faced by the industry, the study also covers the emerging trends, like mergers and acquisitions, which would have a positive impact on the market growth.

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Press Release Submitted On: December 29, 2011 at 12:18 am
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