Growth in Flu Cases to Boost the IVD Market

Noida, India (PressExposure) January 14, 2010 -- The world has witnessed a substantial growth in the number of influenza cases in recent times. The market for influenza diagnostics has turned out to be the most rapidly emerging in last few years due to the outbreak of some new types of flu. According to our new research on the sector called “Global In Vitro Diagnostic Market Analysis” the market for influenza diagnostic is anticipated to grow at a CAGR of around 11% during 2010-2012. Identifying the basic reason for this high growth rate, the research has found that the current growth of influenza diagnostic market is being driven by increasing prevalence of seasonal flu diseases in various countries of the world. Also, the recent outbreak of swine flu is also boosting the growth of flu diagnostic market.

The report studies the global IVD market on the basis of clinical studies and categorizes it into 7 segments i.e. point of care, clinical chemistry and immunochemistry, molecular diagnostic, microbiology diagnostic, hemostasis, hematology and immunohematology. We have found that out of these seven segments, molecular diagnostic segment is growing at the highest growth rate. In this context, the report provides complete information and analysis on each of these segments.

The research points out various factors that are promoting the growth of the IVD markets across various regions of the world. It also provides information and statistics on various regional level markets and finds out information on several new emerging markets. We believe that regulatory and reimbursement issues are important in the development of any industry and our research discusses all these regulatory and reimbursement issues.

RNCOS’ “Global In Vitro Diagnostic Market Analysis” analyzes the key segments of the industry to give an overview of the future scenario of the industry. The report also provides coherent analysis and forecast on various segments and sectors of the industry. Moreover, it includes vital information about the key competitors in the market along with their business description and area of expertise. This will help clients in understanding the market in a better way, thereby providing them with an additional edge over their competitors in the market while devising their future strategies.

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About RNCOS E-Services Pvt. Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Press Release Submitted On: January 14, 2010 at 6:08 am
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