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In-Vitro Diagnostics for Cardiology and Neurology Market Trends

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Report ID: 3849
Published Date: Aug 22, 2024
Report Format: PDF, PPT

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In-Vitro Diagnostics for Cardiology and Neurology Market Trends

Growth Drivers

Growing Adoption of Point-of-Care Testing Devices
Increasing Prevalence of Chronic Diseases Across the Globe

Challenges

High Cost of In-Vitro Diagnostics Instruments

In-vitro diagnostics for cardiology and neurology Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	8.9%
Base Year Market Size (2023)	USD 15.83 billion
Forecast Year Market Size (2036)	USD 47.96 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

In-vitro diagnostics for cardiology and neurology Market Size, Growth Report 2036

Author Credits: Radhika Pawar

Report ID: 3849
Published Date: Aug 22, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of IVD in cardiology and neurology is evaluated at USD 16.96 billion.

IVD in Cardiology and Neurology Market size was valued at USD 15.83 billion in 2023 and is set to cross USD 47.96 billion by 2036, registering more than 8.9% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing adoption of point-of-care testing devices, and increasing prevalence of chronic diseases across the globe.

Asia Pacific industry is poised to dominate majority revenue share by 2036, attributed to growing investments by healthcare providers to improve the diagnostics infrastructure in the region.

The major players in the market are Thermo Fisher Scientific Inc., F. Hoffman-La Roche Ltd, Sysmex Corporation, Siemens AG, Becton, Dickinson, and Company, and others.

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