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IVD Market In Europe Opportunities, Challenges, Strategies & Forecasts 2016-2020

Press Release   •   May 17, 2016 01:52 EDT


About IVD Market in Europe

IVD tests help diagnose, monitor, and assess medical conditions, diseases, and infections in a controlled environment. These tests help in early diagnosis of diseases by enhancing control on test procedures and provide accurate results, leading to quality treatment and shorter hospital stays. They are also minimally invasive and help in lowering treatment costs. Manufacturers develop reagents, analytical instruments such as automated analyzers, and accessory products including software to measure the quality and parameters of samples.

Technavios analysts forecast the IVD Market in Europe to grow at a CAGR of 4.78% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the IVD market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IVD consumables and instruments in EU27 countries.

The market is divided into the following segments based on geography:








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Technavio's report, IVD Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Abbott Laboratories

Beckman Coulter, Inc

Becton, Dickinson and Company

F. Hoffmann-La Roche Ltd

Siemens Healthcare GmbH

Thermo Fisher Scientific Inc

Other prominent vendors


A. Menarini Diagnostics

Acon Laboratories

Bio-Rad Laboratories


Chembio Diagnostic Systems

Clarity Diagnostics


Helena Laboratories



Landwind Medical


Nipro Diagnostics

Randox Laboratories

Snibe Diagnostics

Span Diagnostics


Trivitron Healthcare


Market driver

High prevalence of chronic diseases and infections

For a full, detailed list, view our report

Market challenge

Competition among vendors and SMEs

For a full, detailed list, view our report

Market trend

Use of DNA probe-based diagnostics

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

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 key vendors?

What are the strengths and weaknesses of the key vendors?