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Thematic Platform in vitro Diagnostics Technological Progress with a Powerful Network.

Elsbeth Heinzelmann¹

¹Science and technology journalist.

|September 21, 2016

Summary

This summary is machine-generated.

The in vitro diagnostics (IVD) market is expanding due to increased patient awareness of infectious diseases and advancements in diagnostics. New technologies are enabling decentralized testing, driving significant market growth.

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Area of Science:

Biotechnology
Medical Diagnostics

Background:

The global in vitro diagnostics (IVD) market shows significant growth potential.
Key market drivers include rising patient awareness of infectious diseases and the demand for advanced diagnostic tests.
The growing geriatric population also contributes to the increasing need for IVD solutions.

Purpose of the Study:

To highlight the potential of in vitro diagnostics (IVD).
To identify the primary drivers of the global IVD market.
To announce the establishment of the 'Thematic Platform in vitro Diagnostics' in 2015.

Main Methods:

Market analysis and trend identification.
Review of technological advancements in device miniaturization and information technology (IT).
Identification of key market drivers and growth factors.

Main Results:

The IVD market is driven by patient awareness, advanced diagnostics for targeted therapies, and an aging population.
Technological progress in miniaturization and IT enables decentralized testing.
The global IVD market was projected to reach US $74.3 billion by 2020.

Conclusions:

The in vitro diagnostics sector presents substantial opportunities.
Technological innovation is crucial for decentralized testing and market expansion.
The 'Thematic Platform in vitro Diagnostics' was launched to foster growth in this field.