July 09, 2010 | By: BangDhika

Diabetes to Drive Global IVD Market

As per our new research report “Global In Vitro Diagnostic Market Analysis”, diabetes is regarded as one of the fastest growing diseases in the world due to the lifestyle of the population of present era. Our extensive research and profound analysis performed for the market together exhibited a high growth potential market with promising growth prospects inherent for the blood glucose monitoring industry. With increasing patient awareness worldwide, it is projected that the blood glucose monitoring market will grow at a CAGR of around 11% during 2010-2012.

Our research indicates that the blood glucose monitoring market has witnessed many M&As over the past few years and it is anticipated that the industry needs to go for further collaborations to churn the best out of the market. Further, increase in investment by private companies to come up with new testing instruments will spur the blazing growth of the blood glucose monitoring market globally. We have also evaluated various factors that will propel the growth of blood glucose monitoring market worldwide over the forecast period (FY 2010-FY 2012).

Besides this, we have done thorough research and prudent analysis of global IVD market and have 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 coming years by drawing attention of more players to the market.

“Global In Vitro Diagnostic Market Analysis” provides thorough research and rational analysis along with reliable statistics of the global IVD market. The report 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 thoroughly studies the current market trends, industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years. you can find article in here