Global diagnostics market to grow $61.56B by 2025

18% during the forecast period. Our report on the medical diagnostics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high prevalence of infectious diseases and rising geriatric population. In addition, the high prevalence of infectious diseases is anticipated to boost the growth of the market as well.

The medical diagnostics market analysis includes the type segment and geographic landscape.

The medical diagnostics market is segmented as below:
By Type

• IVD
• Diagnostic imaging
• Others

By Geographic

• North America
• Europe
• Asia
• ROW

This study identifies the growing demand for rapid diagnostic techniquesas one of the prime reasons driving the medical diagnostics market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on medical diagnostics market covers the following areas:

• Medical diagnostics market sizing
• Medical diagnostics market forecast
• Medical diagnostics market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical diagnostics market vendors that include Abbott Laboratories, Bio Rad Laboratories Inc., bioMerieux SA, Danaher Corp., F. Hoffmann-La Roche Ltd., General Electric Co., QIAGEN NV, Quest Diagnostics Inc., Siemens AG, and Thermo Fisher Scientific Inc. Also, the medical diagnostics market analysis report includes information on upcoming trends and challenges that will influence market growth.

This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth. Globe Newswire