Market outlook of the global in-vitro
diagnostics packaging market
Publisher market research analyst predicts the
global in-vitro diagnostics (IVD) packaging market to grow at a CAGR of around
3% between the period of 2016 and 2020. The prospects for growth in this market
are driven by the recent increase in diagnostic services and a rise in the
incidence and prevalence of chronic diseases and infections. Additionally, the
growing practice of self-testing by patients at home is a noteworthy factor
that incites market growth during the forecast period.
The significant market growth observed in emerging
countries is the key driver for the growth of this market. In recent times, it
has been observed that product manufacturers are focusing on emerging
economies, such as Brazil, Russia, India, and China (BRIC), to expand their
operations. The improvement of the existing healthcare infrastructure in these
countries will result in the augmented demand for IVD packaging during the forecast
period.
Product-type segmentation of the in-vitro
diagnostics packaging market
- Bottles and vials
- Tubes
- Petri dishes
- Closures
In this market study, analysts have estimated the
bottles and vials segment to be the highest revenue generating segment during
the forecast period. The ability of vials and bottles to withstand high
temperatures, chemical shocks, and thermal shocks will result in its augmented
adoption during the predicted period.
Geographical segmentation of the in-vitro
diagnostics packaging market
- Americas
- APAC
- EMEA
Publisher market research analysts anticipate the
Americas to be the largest market for IVD packaging during the forecast period.
Rising aging population and an increase in the number of people with chronic and
infectious diseases will bolster the demand for diagnostic products and
services, which in turn will foster growth in this market during the estimated
period.
Competitive landscape and key vendors
The vendors in this market compete in the complex
and challenging medical devices industry, which is subject to frequent changes.
To succeed in this market, the vendors need to invest in patent protection as
it will help them to augment their revenue generating capacity. Furthermore, to
establish themselves in this market, the vendors have to focus on improving
their distribution networks rather than marketing their products.
The leading vendors in the market are
- Bio-Rad
- Corning
- Greiner Bio-One
- Narang Medical
Other prominent vendors in the market include
Baidefu, Bellco Glass Crystalgen, Duran Group, Eppendorf, Kimble Chase Life
Science, Sarstedt, VITLAB.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020
- What are the key factors driving the global in-vitro diagnostics packaging market
- What are the key market trends impacting the growth of the in-vitro diagnostics packaging
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the vendors in the global in-vitro diagnostics packaging market
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the in-vitro diagnostics packaging market
Spanning over 55 pages and 23 Exhibit “Global
In-Vitro Diagnostics Packaging Market 2016-2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by product type, Geographical segmentation,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Appendix.
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more information Visit at: http://mrr.cm/o6F
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