Sweden In Vitro Diagnostics Market – Growth & Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Country

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Home > Reports > Diagnostics > Healthcare > Sweden In Vitro Diagnostics Market – Growth & Forecast (2024 – 2032)
Sweden In Vitro Diagnostics Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

The in-vitro diagnostic is a process where diagnostic tests performed using analytical instruments and reagents on specific samples such as blood, urine, and other body fluids. The samples are gathered from patients or healthy individuals to identify and detect the diseases. The market is valued at USD XX billion in 2017 and is projected to USD XX billion by 2024 at a CAGR of 5.8%.

Sweden In-Vitro Diagnostics Market Share:

IVD plays a vital role in early diagnostics and detection of diseases. The point of care testing segment is holding the largest share in the market at present.

Sweden In-Vitro Diagnostics Market Size:

Europe the second largest in terms of in-vitro diagnostics market especially Sweden is expected to grow and dominate in forecast due to increasing acceptance of personalized medicine and growing adoption of advanced products and increase in chronic diseases patient pool and technological advancements. Asia-Pacific is expected to have highest CAGR during forecast due to growth in research and increasing investments.

Sweden In-Vitro Diagnostics Market Growth:

The market is having an inclination due to the growth of healthcare expenditure in the emerging markets, the great demand for advanced testing methods, and rise in global GDP per capita and growing

Sweden In Vitro Diagnostics Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
geriatric population are the factors influencing the growth of the market.

Sweden In-Vitro Diagnostics Market Industry Analysis:

The market is divided on the basis of application, product, and service, end user and technology. On the basis of application, it is categorized into diabetes, cancer, cardiology, autoimmune disease, drug testing, infectious disease, and nephrology. On the basis of the end-user market is segmented into hospitals, laboratories, point care testing, patient-care testing and academic industries. On the basis of technology, the market is into an immune disease, clinical chemistry, molecular diagnostics, Clinical microbiology, hematology, coagulation, and hemostasis on the basis of product the market is categorized into reagents and kits, instruments, consumables and data management services. On the basis of reusability, the market is segmented into reusable IVD devices and disposable IVD devices.

Sweden In-Vitro Diagnostics Market Outlook:

In-vitro means study of microorganisms, cells, biological molecules outside their biological context called test tube experiments. This diagnostics generally use analytical instruments and reagents on certain samples. North America is the leading one in the In-vitro diagnostics market.

Sweden In-Vitro Diagnostics Market Trends:

  • Danaher Corporation is experiencing sustained growth due to mergers and acquisitions.
  • Roche and Genentech announced the acquisition of Genentech and Genentech became

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Sweden In Vitro Diagnostics Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
a wholly owned member of Roche group.
  • Roche signed to acquire Viewics, Inc. and Viewics solutions provides efficient integration of big data from a variety of IT systems in the laboratory.
  • Abbott Laboratories CEO and chairman announced a deal on February 1, 2016, which is going to create a premier point-of-care and analyse infectious diseases.
  • Thermo Fisher Scientific completes acquisition with Patheon, and thermo fisher is the world leader in serving science with higher revenues.
  • Sweden In-Vitro Diagnostics Market Research Reports Include:

    • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
    • To have complete market analysis through industry value chain analysisPorter’s fivePESTLESWOTanalysis, and Y-o-Y analysis.
    • Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear
    • Identifying DROC in the current market and their impact in altering the market dynamics.
    • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
    • Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
    • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
    • Abbott Laboratories
    • Bio-Rad Laboratories
    • Siemens healthcare GmbH
    • Roche Diagnostics
    •  Qiagen N.V

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