Report ID: UCMIG35D2106
Report ID:
UCMIG35D2106 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The development of complex and specialised tests for early disease identification and disease management, as well as rising demand for lab automation, are expected to fuel expansion in the global medical diagnostics market throughout the forecast period. The rapidly increasing usage of point-of-care diagnostic tools has ushered in a trend of decentralisation in the Health Care business. Patients and hospitals are decentralising their facilities in an effort to stimulate early diagnosis, cater for medical services remotely, and reduce expenses. A wide range of clinical tests, including blood and urine tests ranging from simple to sophisticated, molecular and genetic analysis, and numerous medical chemistry panels, help Health Care practitioners detect illness progression.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Services by segment aggregation, the contribution of the Health Care Services in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35D2106