Market Overview:
The global in vitro diagnostic (IVD) products market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing incidence of diseases, growing demand for early diagnosis and treatment, and technological advancements in IVD products. Based on type, the global IVD products market is segmented into high-voltage BCD and high-density BCD. The high-voltage BCD segment is expected to account for the largest share of the global IVD products market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. The growth of this segment can be attributed to its ability detect minute particles and its wide range application areas such as ICT, consumer electronics, automotive, industrial control system, and others. Based on application area, the global IVD products market is divided into five segments: ICT; consumer electronics; automotive; industrial control system; and others which include medical diagnostics & research laboratories among others).
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Product Definition:
An in vitro diagnostic (IVD) product is a medical device that is used to detect or measure biological analytes in human tissue, cells, fluid or other specimens. IVD products are used to diagnose diseases, monitor the progress of treatment and provide information about the health of patients. The importance of IVD products lies in their ability to help doctors make informed decisions about patient care.
High-Voltage BCD:
High-voltage BCD (HVBD) is a diagnostic equipment used for the measurement of voltage in biological cells. It is also known as patch clamp technique or pipette electrophysiology. HVBD allows to measure ionic currents with high precision and sensitivity, which are not possible using conventional techniques such as microelectrode or nerve fiber recording.
High-Density BCD:
High-Density BCD (HDC) is a type of Braille code used for medical purposes. It was developed by the World Health Organization (WHO) and The National Association for the Blind in the late 1960s. HDC codes are used to communicate with patients and assistive personnel. They can also be used by healthcare professionals to record patient information in a standard format, which can then be processed by computer systems or manually entered into a database.
Application Insights:
The application segment includes ICT, consumer electronics, automotive, industrial control system and others. The industry has witnessed significant advancements in the past few years owing to technological developments such as digitization of medical records and introduction of smart devices that can be used for testing. As a result, demand for IVD products is anticipated to witness growth in the coming years across all applications.
The global market is categorized on the basis of application into ICT (including smartphones & tablets), automotive (excluding B2B), consumer electronics (excluding wearables & home healthcare) and industrial control system among other niche segments such as aerospace & defense or medical equipment manufacturing which include instruments used for cell culture or tissue processing among others).
Regional Analysis:
North America dominated the global IVD market in 2017. The presence of major players, advanced healthcare infrastructure and high adoption rate for new technologies are some of the factors responsible for its large share. Moreover, increasing government initiatives to promote early diagnosis is also expected to drive regional growth over the forecast period. For instance, according to statistics published by CDC’s National Center for Health Statistics (NCHS), in 2016 around 8 million people in U.
Asia Pacific region is anticipated to grow at a lucrative CAGR during the forecast period owing to rapid economic development coupled with improving healthcare infrastructure.
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. The rise in the number of people suffering from chronic diseases has led to a corresponding increase in demand for diagnostic tests and therapies. In Vitro Diagnostic (IVD) Products are used extensively for diagnosis and treatment monitoring of various chronic diseases such as cancer, diabetes, heart disease, etc.
- Technological advancements: In Vitro Diagnostic (IVD) Product manufacturers are constantly innovating their products to keep pace with the latest technological developments. This has resulted in a slew of new product launches in recent years that offer better performance and accuracy than their predecessors. These advances are helping to drive growth in the market by making In Vitro Diagnostic (IVD) Products more accessible and affordable to a wider population base.
Scope Of The Report
Report Attributes
Report Details
Report Title
In Vitro Diagnostic (IVD) Products Market Research Report
By Type
High-Voltage BCD, High-Density BCD
By Application
ICT, Consumer Electronics, Automotive, Industrial Control System, Others
By Companies
STMicroelectronics, Texas Instruments, Infineon, Maxim Integrated, NXP Semiconductors, Jazz Semiconductor, Vishay, Magnachip
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global In Vitro Diagnostic (IVD) Products Market Report Segments:
The global In Vitro Diagnostic (IVD) Products market is segmented on the basis of:
Types
High-Voltage BCD, High-Density BCD
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
ICT, Consumer Electronics, Automotive, Industrial Control System, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- STMicroelectronics
- Texas Instruments
- Infineon
- Maxim Integrated
- NXP Semiconductors
- Jazz Semiconductor
- Vishay
- Magnachip
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Highlights of The In Vitro Diagnostic (IVD) Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High-Voltage BCD
- High-Density BCD
- By Application:
- ICT
- Consumer Electronics
- Automotive
- Industrial Control System
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the In Vitro Diagnostic (IVD) Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IVD products are diagnostic medical devices that are used in vitro, meaning outside of the body. IVD products can be used to diagnose and monitor a variety of conditions in the body, including cancer, heart disease, and diabetes.
Some of the major players in the in vitro diagnostic (ivd) products market are STMicroelectronics, Texas Instruments, Infineon, Maxim Integrated, NXP Semiconductors, Jazz Semiconductor, Vishay, Magnachip.
The in vitro diagnostic (ivd) products market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 In Vitro Diagnostic (IVD) Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 In Vitro Diagnostic (IVD) Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 In Vitro Diagnostic (IVD) Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the In Vitro Diagnostic (IVD) Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global In Vitro Diagnostic (IVD) Products Market Size & Forecast, 2020-2028
4.5.1 In Vitro Diagnostic (IVD) Products Market Size and Y-o-Y Growth
4.5.2 In Vitro Diagnostic (IVD) Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High-Voltage BCD
5.2.2 High-Density BCD
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 ICT
6.2.2 Consumer Electronics
6.2.3 Automotive
6.2.4 Industrial Control System
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global In Vitro Diagnostic (IVD) Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 In Vitro Diagnostic (IVD) Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High-Voltage BCD
9.6.2 High-Density BCD
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 ICT
9.10.2 Consumer Electronics
9.10.3 Automotive
9.10.4 Industrial Control System
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High-Voltage BCD
10.6.2 High-Density BCD
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 ICT
10.10.2 Consumer Electronics
10.10.3 Automotive
10.10.4 Industrial Control System
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High-Voltage BCD
11.6.2 High-Density BCD
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 ICT
11.10.2 Consumer Electronics
11.10.3 Automotive
11.10.4 Industrial Control System
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High-Voltage BCD
12.6.2 High-Density BCD
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 ICT
12.10.2 Consumer Electronics
12.10.3 Automotive
12.10.4 Industrial Control System
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High-Voltage BCD
13.6.2 High-Density BCD
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 ICT
13.10.2 Consumer Electronics
13.10.3 Automotive
13.10.4 Industrial Control System
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 In Vitro Diagnostic (IVD) Products Market: Competitive Dashboard
14.2 Global In Vitro Diagnostic (IVD) Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 STMicroelectronics
14.3.2 Texas Instruments
14.3.3 Infineon
14.3.4 Maxim Integrated
14.3.5 NXP Semiconductors
14.3.6 Jazz Semiconductor
14.3.7 Vishay
14.3.8 Magnachip
