Diagnostic Tests Market

Diagnostic Tests - Global Market Outlook (2020 -2028)

4.1 (53 reviews)
Published: April 2021 ID: SMRC20464
4.1 (53 reviews)
Published: April 2021 ID: SMRC20464

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Diagnostic Tests Market is accounted for $156,496.16 million in 2020 and is expected to reach $360,651.31 million by 2028 growing at a CAGR of 11.0% during the forecast period. Some of the factors such as an increase in the prevalence of chronic disease and adequate reimbursement policies are propelling the market growth. However, stringent regulatory policies are hampering market growth.

Diagnostic tests are considered an effective tool in the field of biomedical research, for the early detection of the disease. The adoption of the new therapies and personalized medicine are all established by the use of diagnostic tests in basic cancer research and drug development for increasing the rate of early detection and diagnosis of the disease that is preventable at an early stage among the chronic and non-chronic disease as well.

Based on the approach, the in-vitro diagnostic instrument segment is estimated to have a huge demand during the forecast period with a continuous increase in the geriatric population and the subsequent growth in the prevalence of infectious and chronic diseases.

By geography, North America is going to have lucrative growth due to increasing awareness among the population by the initiatives taken by the government and other authorities. The U.S. is dominating North America with an increasing number of diagnostic test centers and hospitals which has increased demand for diagnostic tests in the market.

Some of the key players profiled in the Diagnostic Tests Market include H-Hoffman La-Rcohe Ltd, ABBOTT, Danaher, ACON Laboratories Inc, Sysmex Corporation, Thermo Fisher Scientific Inc, Hemosure, Inc, Boditech Med Inc, MicroGen Diagnostics, Chembio Diagnostic Systems, Inc, QIAGEN, BD, Nanoentek, DiaSorin S.p.A, Bio-Rad Laboratories, Inc, Ortho Clinical Diagnostics, Germaine Laboratories, Inc, Werfenlife, Illumina, Inc, Grifols, S.A, BioMedomics, Inc, EKF Diagnostics Holdings plc, Siemens Healthcare GmbH, PerkinElmer Inc, BioMérieux SA, and Quidel Corporation.
Solutions Covered:
• Services
• Products

Types Covered:
• Glucose Test
• Erythrocyte Sedimentation Rate (ESR) Test
• Infectious Diseases Test
• Thyroid Function Test
• Blood Culture Test
• Syphilis Test
• Urea Test
• Cytology Test
• C-Reactive Protein Test
• Antigen Test
• Pregnancy Test
• Stool Microscopy Test
• Electrolytes Test
• Unit Packed RBCS Test
• Liver Function Test
• Stool Helicobacter Pylori Test
• Calcium Test
• Crossmatch Test
• Urine Microscopy Test
• Lipid Profile Test
• Complete Blood Count (CBC) Test
• Hemoglobin A1c (HbA1c) Test
• Instant Saliva Test Kits
• Cardiac Assays
• Spray/Sweat Drug Test Kits

Mode of Testings Covered:
• Prescription Based Testing
• Invitae Ornithine Transcarbamylase (OTC) Testing

Technologies Covered:
• Immunoassay-Based
• Next Gene Sequencing
• Spectroscopy-Based
• Chromatography-Based
• Substrate Technology
• Microfluidics
• Polymerase Chain Reaction (PCR)-Based

Distribution Channels Covered:
• Direct Tenders
• Online Sales
• Retail Sales

Approaches Covered:
• Molecular Diagnostic Instrument
• In-Vitro Diagnostic Instrument
• Point of Care Testing Instrument

Sample Types Covered:
• Urine
• Sweat
• Blood
• Hair
• Saliva

Testing Types Covered:
• Hematology 
• Microbiology
• Histopathology
• Biochemistry

Ages Covered:
• Pediatric
• Adult
• Geriatric

Applications Covered:
• Cardiology
• Odontology
• Oncology
• Orthopedics
• Neurology
• Gastroenterology
• Gynecology

End Users Covered:
• Diagnostic Center
• Hospitals
• Research Labs and Institutes
• Homecare
• Blood Banks
• Ambulatory Surgical Centers (ASCs)
• Specialty Clinics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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