UK In-Vitro Diagnostics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Techniques, Product, Usability, Application (Infectious Disease, Diabetes, Cancer/Oncology, Cardiology and Other Applications) and End User

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2019
CAGR: 6.5 %

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Market Overview

In vitro diagnostic tests are the tests used for in vitro examination of specimens derived from the human body to provide information for screening, diagnosis, or treatment monitoring purposes. The rising prevalence of chronic disease has increased the demand for early and effective diagnostic tests. There has been an increased the use of point-of-care (POC) diagnostics that is also increasing its demand in the market. Moreover, increasing awareness and acceptance of personalized medicine and companion diagnostics have also helped he market growth.

Scope of the report

As per the scope of this report, in vitro diagnostics involves medical devices and consumables that are utilized to perform in vitro tests on various biological samples. They are used for the diagnosis of various medical conditions, such as Diabetes and Cancer.

By Technique
Clinical Chemistry
Molecular Diagnostics
Immuno Diagnostics
Other Techniques
By Product
Instrument
Reagent
Other Products
By Usability
Disposable IVD Devices
Reusable IVD Devices
By Application
Infectious Disease
Diabetes
Cancer/Oncology
Cardiology
Other Applications
By End-users
Diagnostic Laboratories
Hospitals and Clinics
Other End-users

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Key Market Trends

Application in Cardiology is expected to Cover a Large Share of the Market

Cardiac biomarkers are substances that are released into the blood when the heart is damaged or stressed. Measurements of these biomarkers are used to help diagnose acute coronary syndrome (ACS) and cardiac ischemia, conditions associated with insufficient blood flow to the heart. Tests for cardiac biomarkers can also be used to help determine a person's risk of having these conditions or to help monitor and manage someone with suspected ACS and cardiac ischemia.

In the recent decade, as the incidence of cardiovascular diseases (CVD) in United Kingdom is increasing in the UK, the demand for cardiac in vitro diagnostics devices is expected to increase in the future.

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Competitive Landscape

United Kingdom is a developed region with well-structured healthcare system. As a result, many global players in the in-vitro diagnostics market are present in the country. Moreover, some domestic players have also been competing in the UK market. These factors have made the region very competitive.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Prevalence of Chronic Diseases

      2. 4.2.2 Increasing Awareness and Acceptance of Personalized Medicine and Companion Diagnostics

      3. 4.2.3 Increasing Use of Point-of-care (POC) Diagnostics

    3. 4.3 Market Restraints

      1. 4.3.1 Stringent Regulations

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Technique

      1. 5.1.1 Clinical Chemistry

      2. 5.1.2 Molecular Diagnostics

      3. 5.1.3 Immuno Diagnostics

      4. 5.1.4 Other Techniques

    2. 5.2 By Product

      1. 5.2.1 Instrument

      2. 5.2.2 Reagent

      3. 5.2.3 Other Products

    3. 5.3 By Usability

      1. 5.3.1 Disposable IVD Devices

      2. 5.3.2 Reusable IVD Devices

    4. 5.4 By Application

      1. 5.4.1 Infectious Disease

      2. 5.4.2 Diabetes

      3. 5.4.3 Cancer/Oncology

      4. 5.4.4 Cardiology

      5. 5.4.5 Other Applications

    5. 5.5 By End-users

      1. 5.5.1 Diagnostic Laboratories

      2. 5.5.2 Hospitals and Clinics

      3. 5.5.3 Other End-users

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Abbott Laboratories

      2. 6.1.2 Becton, Dickinson and Company

      3. 6.1.3 BioMerieux

      4. 6.1.4 Bio-Rad Laboratories, Inc.

      5. 6.1.5 Danaher Corporation

      6. 6.1.6 F. Hoffmann-La Roche AG

      7. 6.1.7 QIAGEN N.V.

      8. 6.1.8 Siemens Healthcare GmbH

      9. 6.1.9 Sysmex Corporation

      10. 6.1.10 Thermo Fischer Scientific Inc.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The UK In-Vitro Diagnostics Market market is studied from 2018 - 2026.

The UK In-Vitro Diagnostics Market is growing at a CAGR of 6.5% over the next 5 years.

Thermo Fischer Scientific Inc., QIAGEN N.V., Abbott Laboratories, Siemens Healthcare GmbH, F. Hoffmann-La Roche AG are the major companies operating in UK In-Vitro Diagnostics Market.

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