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Pulished Date February, 2020
ID: 123
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Europe In-Vitro Diagnostics Market Research Report - Segmented By Product, Technology, Application & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2020 to 2025)

Pulished: February, 2020
ID: 123
Pages: 145

Europe In-Vitro Diagnostics Market Size (2020 to 2025)

The size of the Europe IVD market has been estimated at USD 14.47 billion in 2020 and is poised to reach 18.85 billion in 2025. This market is showcasing a CAGR of 5.10% during the forecast period. Growing awareness over the benefits of in-vitro diagnostics is impacting the growth of the market positively. Around 70% of the diagnostic decisions are taken with the help of the in-vitro diagnostic. It reduces the hospital stay, thus reduce the total health care cost in these countries. There is a technical advancement in this market. The in-vitro diagnostics is playing an essential role in this outbreak of COVID-19, as this technique is used to monitor and diagnose the disease.

The rise in the number of genetic disorders and other infectious diseases and awareness over the availability of various diagnostic and treatment procedures greatly enhance the market demand in Europe. Concern towards health and the growing prevalence of early diagnosis and escalating expenditure on healthcare is further contributing to the growth of the Europe in-vitro diagnostics market. Besides, increasing the scale of diagnostics centers with the latest devices is promoting the growth rate of the market to the extent.

However, the high cost of installing and maintaining the equipment in laboratories, the shortage of skilled persons in managing the devices in diagnostics centers, and the lack of complete knowledge in analyzing the outcomes are critical, challenging factors for Europe in-vitro diagnostics market. Strict rules and regulations by the government in approving new products for safety and changes in economic strategies may also be expected to hamper the European IVD market growth.

This research report segmented and sub-segmented into the following categories:

  • By Product: Instruments, Reagents, Kits, and Software
  • By Technology: Clinical Chemistry, Hematology, Immunoassays, Coagulation and Hemostasis, Molecular Diagnostics, Microbiology, and other IVD technologies
  • By Application: Diabetes, Infectious, Oncology/Cancer, Cardiology, Nephrology, Autoimmune Diseases, Drug Testing, and HIV
  • By Country: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe

Regionally, in Europe, UK IVD Market is the fastest-growing market. Increasing R&D activities is a significant factor for the market to grow in this region. The UK In-Vitro diagnostics market is anticipated to have the quickest growth in the market in this region. The market growth owes to increasing research and development activities, the high occurrence rate of chronic diseases, and growing demand for minimum deadly surgeries.

The German IVD Market had the largest market share in the region in 2019. It is estimated to hold the largest share in terms of revenue in the European In-Vitro diagnostics during the forecast period. The appearance of several key players and creative developments in the IVD field drive the IVD market in Europe. An increase in elder people population, advanced technologies speedy aging population are bolstering the growth.

Italy is an advanced region with a well-organized healthcare system. The presence of an enormous number of crucial players fuels market growth. The average increase in diabetes and its high incidence rate in Italy has increased for many years. It is projected to raise the demand for pre-existing diagnostics tests, which boosts the growth in this region. Moreover, having more knowledge and approval for personalized medicine augment the Italian IVD market.

The Spanish in-vitro diagnostics market is driven by chronic diseases and increases the demand for the POC diagnostics. The emergence of e-commerce in every sector is to promote the need of the market in Spain. Rising incidences of COVID-19 cases is escalating the demand of the market in France. The market is expected to have the highest CAGR in the coming years. Spain IVD market is expected to have strong growth over the period in the upcoming years. The factors fuelling the Spanish IVD market's growth are a high standard increase of constant and continuous diseases, technological diseases, and growing utilization of POC diagnostics. The efficiency of usage and capacity to offer instant outcomes in Spain augments the growth in IVD. Moreover, frequent and advancements over technology and growing obtainment for new upgraded technologies are enhancing the increase in the European region.

The IVD market in France owes to increasing the aging population, which is one of the major factors propelling growth. Saving the cost for future treatment and enhancing the patient’s lives escalate the market growth in IVD.

Most prominent companies occupying the majority of the shares in the European IVD Market are Abbott Laboratories, Johnson and Johnson, Siemens Healthcare, Becton Dickinson, Roche Diagnostic, Beckman Coulter Inc., Biomérieux, Ortho Clinical Diagnostics, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Sysmex Corporation and Thermo Fisher Scientific, Inc.

  1. Introduction

                1.1 Market Definition                                                                                    

                1.2 Study Deliverables                                                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                                                           

                1.4 General Study Assumptions                                                                                

  1. Research Methodology

                2.1 Introduction                                                                                              

                2.2 Research Phases                                                                                      

                                2.2.1 Secondary Research                                                                            

                                2.2.2 Primary Research                                                                 

                                2.2.3 Econometric Modelling                                                                     

                                2.2.4 Expert Validation                                                                  

                2.3 Analysis Design                                                                                         

                2.4 Study Timeline                                                                                          

  1. Overview

                3.1 Executive Summary                                                                                

                3.2 Key Inferences                                                                                         

                3.3 New Developments                                                                                

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

                4.1 Market Drivers                                                                                          

                4.2 Market Restraints                                                                                    

                4.3 Key Challenges                                                                                         

                4.4 Current Opportunities in the Market                                                                               

  1. Market Segmentation

                5.1 By Product                                                                                  

                                5.1.1 Instruments                                                                           

                                5.1.2 Reagents and Kits                                                                 

                                5.1.3 Software                                                                 

                5.2 By Technology                                                                                          

                                5.2.1 Clinical Chemistry                                                                

                                5.2.2 Hematology                                                                           

                                5.2.3 Immunoassays                                                                      

                                5.2.4 Coagulation and Hemostasis                                                                           

                                5.2.5 Molecular Diagnostics                                                                        

                                5.2.6 Microbiology                                                                          

                                5.2.7 Other IVD technologies                                                                     

                5.3 By Application                                                                                           

                                5.3.1 Diabetes                                                                  

                                5.3.2 Infectious Diseases                                                                             

                                5.3.3 Oncology/Cancer                                                                 

                                5.3.4 Cardiology                                                                               

                                5.3.5 Nephrology                                                                            

                                5.3.6 Autoimmune Diseases                                                                       

                                5.3.7 Drug Testing                                                                           

                                5.3.8 HIV                                                                             

  1. Geographical Analysis

                                6.1 Introduction                                                                              

                                6.2 U.K                                                                

                                6.3 Spain                                                                             

                                6.4 Germany                                                                     

                                6.5 Italy                                                                               

                                6.6 France                                                                          

  1. Strategic Analysis

                7.1 PESTLE analysis                                                                                         

                                7.1.1 Political                                                                     

                                7.1.2 Economic                                                                 

                                7.1.3 Social                                                                         

                                7.1.4 Technological                                                                         

                                7.1.5 Legal                                                                          

                                7.1.6 Environmental                                                                      

                7.2 Porter’s Five analysis                                                                                              

                                7.2.1 Bargaining Power of Suppliers                                                                        

                                7.2.2 Bargaining Power of Consumers                                                                    

                                7.2.3 Threat of New Entrants                                                                     

                                7.2.4 Threat of Substitute Products and Services                                                               

                                7.2.5 Competitive Rivalry within the Industry                                                                      

  1. Market Leaders' Analysis

                8.1 Abbott Laboratories                                                                               

                                8.1.1 Overview                                                                

                                8.1.2 Product Analysis                                                                   

                                8.1.3 Strategic Evaluation and Operations                                                                            

                                8.1.4 Financial analysis                                                                  

                                8.1.5 Legal issues                                                                            

                                8.1.6 Recent Developments                                                                       

                                8.1.7 SWOT analysis                                                                       

                                8.1.8 Analyst View                                                                          

                8.2 Johnson and Johnson                                                                                             

                8.3 Siemens Healthcare                                                                                

                8.4 Becton Dickinson                                                                                     

                8.5 Roche Diagnostics                                                                                    

                8.6 Beckman Coulter Inc.                                                                                             

                8.7 Biomérieux                                                                                

                8.8 Ortho Clinical Diagnostics, Inc.                                                                                           

                8.9 Bio-Rad Laboratories, Inc.                                                                                    

                8.10 Danaher Corporation                                                                                           

                8.11 Sysmex Corporation                                                                                             

                8.12 Thermo Fisher Scientific, Inc.                                                                                            

  1. Competitive Landscape

                9.1 Market share analysis                                                                                            

                9.2 Merger and Acquisition Analysis                                                                                        

                9.3 Agreements, collaborations and Joint Ventures                                                                                          

                9.4 New Product Launches                                                                                          

  1. Expert Opinions

                10.1 Market Outlook                                                                                     

                10.2 Investment Opportunities                                                                                 

     Appendix                                                                                                           

  1. List of Tables
  2. List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Europe Global In-Vitro Diagnostics Market, By Region, From 2020 to 2025 (USD Billion)                                                         
  2. Europe Global In-Vitro Diagnostics Market, By Type, From 2020 to 2025 (USD Billion)                                                             
  3. Europe Instruments Market, By Region, From 2020 to 2025 (USD Billion)                                                      
  4. Europe Reagents and Kits Market, By Region, From 2020 to 2025 (USD Billion)                                                           
  5. Europe Software Market, By Region, From 2020 to 2025 (USD Billion)                                                            
  6. Europe Clinical Chemistry Market, By Region, From 2020 to 2025 (USD Billion)                                                           
  7. Europe Hematology Market, By Region, From 2020 to 2025 (USD Billion)                                                      
  8. Europe Immunoassays Market, By Region, From 2020 to 2025 (USD Billion)                                                 
  9. Europe Coagulation and Hemostasis Market, By Region, From 2020 to 2025 (USD Billion)                                                      
  10. Europe Molecular Diagnostics Market, By Region, From 2020 to 2025 (USD Billion)                                                  
  11. Europe Microbiology Market, By Region, From 2020 to 2025 (USD Billion)                                                    
  12. Europe Other IVD technologies Market, By Region, From 2020 to 2025 (USD Billion)                                                
  13. Europe Diabetes Market, By Region, From 2020 to 2025 (USD Billion)                                                             
  14. Europe Infectious Diseases Market, By Region, From 2020 to 2025 (USD Billion)                                                        
  15. Europe Oncology/Cancer Market, By Region, From 2020 to 2025 (USD Billion)                                                            
  16. Europe Cardiology Market, By Region, From 2020 to 2025 (USD Billion)                                                         
  17. Europe Nephrology Market, By Region, From 2020 to 2025 (USD Billion)                                                       
  18. Europe Autoimmune Diseases Market, By Region, From 2020 to 2025 (USD Billion)                                                  
  19. Europe Drug Testing Market, By Region, From 2020 to 2025 (USD Billion)                                                     
  20. Europe HIV Market, By Region, From 2020 to 2025 (USD Billion)                                                       
  21. U.K. Market, By Product, From 2020 to 2025 (USD Billion)                                                   
  22. U.K. Market, By Technology, From 2020 to 2025 (USD Billion)                                                            
  23. U.K. Market, By Application, From 2020 to 2025 (USD Billion)                                                            
  24. Germany Market, By Product, From 2020 to 2025 (USD Billion)                                                         
  25. Germany Market, By Technology, From 2020 to 2025 (USD Billion)                                                  
  26. Germany Market, By Application, From 2020 to 2025 (USD Billion)                                                  
  27. France Market, By Product, From 2020 to 2025 (USD Billion)                                                              
  28. France Market, By Technology, From 2020 to 2025 (USD Billion)                                                       
  29. France Market, By Application, From 2020 to 2025 (USD Billion)                                                       
  30. Italy Market, By Product, From 2020 to 2025 (USD Billion)                                                   
  31. Italy Market, By Technology, From 2020 to 2025 (USD Billion)                                                            
  32. Italy Market, By Application, From 2020 to 2025 (USD Billion)                                                            
  33. Spain Market, By Product, From 2020 to 2025 (USD Billion)                                                 
  34. Spain Market, By Technology, From 2020 to 2025 (USD Billion)                                                         
  35. Spain Market, By Application, From 2020 to 2025 (USD Billion)                                                          

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