In Vitro Diagnostics (IVD) Market:
In vitro diagnostics are tests conducted in samples of human blood for the detection of diseases or other conditions. It also helps in curing a disease or its prevention. This report analyses United States IVD market to offer a 360-degree view. It studies the key market divergences that can affect the future trajectory of the United States IVD market. It also studies the impact of these divergences on the growth pattern of the United States IVD market. The factors that are expected to influence the proliferation of the market are studied to assess the revenue to be generated by the market in the upcoming years. It further assesses the restraints that can check the expansion rate of the United States IVD market in the foreseeable future.
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IVD has gained much popularity in the healthcare sector owing to its accuracy in assessing a patient’s health and providing correct diagnostics. It has also been assessed that the rise in patient population is subjected to boost the growth of the United States IVD market over the next couple of years. A detailed assessment of the United States IVD market shows that the increasing prevalence of cardiovascular diseases is a driving factor in the market. Also, the rising healthcare expenditures observed in the region is anticipated to expand the United States IVD market over the next few years. The FDA is likely to play a key role in the development of the United States IVD market by regulating the tests and enhancing awareness among the masses.
On the basis of end-user, the United States IVD market has been segmented into hospitals, laboratories, and others.
On the basis of product, the United States IVD market has been segmented into Instruments, Reagents, software, and services.
On the basis of application, the United States IVD market has been segmented into Clinical Chemistry, Microbiology -ID/AST, Microbiology – Molecular, POC – Professional, POC – OTC Diabetes, POC – Others, Immunoassay – Infectious, Immunoassay – Others, Urinalysis, Molecular – Non-Infectious, Coagulation, Histology, Hematology, Blood Testing and Typing, and Flow Cytometry.
The geographical evaluation of the United States IVD market has been carried out in this report for the following regional segments – South, West, Midwest, and Northeast. The valuation of each of these regional segments is also included in the report for the forecast period. The south segment is projected to witness substantial growth in the years to come. It can be accredited to the exponential patient population. The west segment is also anticipated to show a steep growth curve in the foreseeable future. Rising dependency on IVD tests for the detection and diagnosis of diseases is prognosticated to support the proliferation of the United States IVD market in the region.
In November 2019, NantHealth has announced that it has received FD approval for its in vitro diagnostic, tumor-normal Omics Core.
In November 2029, Bela Diagnostics has received approval from the FDA for HIV-1 NGS Assay.
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