Report Id: MDMDM0222
Medical Diagnostic Market Size by Product (POC diagnostics, Molecular diagnostics, Hematology devices, Tissue diagnostics and Clinical microbiology systems), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Medical Diagnostic Market is expected to be around US$ 43.60 Billion by 2028 at a CAGR of 6% in the given forecast period.
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Major Players
- Abbott Laboratories
- Danaher Corp.
- Bio Rad Laboratories Inc
- bioMerieux SA
- F. Hoffmann-La Roche Ltd
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
6
REPORT DESCRIPTION
The Medical Diagnostic Market is expected to be around US$ 43.60 Billion by 2028 at a CAGR of 6% in the given forecast period.
Due the growing adoption of POC tests coupled with the innovation of test based on biomarkers across the globe, the medical diagnostics market growth is positively impacting during the forecast period. Furthermore, various healthcare facilities and patients are inclining towards completing early and quick identification of diseases by decentralizing their facilities in order to provide medical services remotely and cost effective services. Moreover, the new technology is also a significant factor accelerating the expansion of the market. Medical Diagnostics technology has enhanced rapidly over the past few years, due to the publication of the human genome project and improvements in functional genomics, bioinformatics, miniaturization and microelectronics. Besides this, the diagnostic tools are conveniently available and easy to use due to which the market for medical diagnostics is witnessing the significant development over the forecast period.
The global Medical Diagnostic market is segregated on the basis of Product as POC diagnostics, Molecular diagnostics, Hematology devices, Tissue diagnostics and Clinical microbiology systems.
The global Medical Diagnostic market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Medical Diagnostic market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
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, Thermo Fisher Scientific Inc., Randox Laboratories, Span Diagnostics, and others are among the major players in the global Medical Diagnostic market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Medical Diagnostic Market has been segmented as below:
Medical Diagnostic Market, By Product
- POC diagnostics
- Molecular diagnostics
- Hematology devices
- Tissue diagnostics
- Clinical microbiology systems
Medical Diagnostic Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Medical Diagnostic Market, By Company
- 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
- Thermo Fisher Scientific Inc.
- Randox Laboratories
- Span Diagnostics
The report covers:
- Global Medical Diagnostic market sizes from 2021 to 2028, along with CAGR for 2023-2028
- Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
- Global Medical Diagnostic market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Medical Diagnostic market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Medical Diagnostic market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Medical Diagnostic market share. Major industry players with significant revenue share 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, Thermo Fisher Scientific Inc., Randox Laboratories, Span Diagnostics, and others.
Reasons to Buy this Report:
- Gain detailed insights on the Medical Diagnostic industry trends
- Find complete analysis on the market status
- Identify the Medical Diagnostic market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Customization
Customized report as per the requirement can be offered with appropriate recommendations
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The Medical Diagnostic Market has been segmented as below:
Medical Diagnostic Market, By Product
- POC diagnostics
- Molecular diagnostics
- Hematology devices
- Tissue diagnostics
- Clinical microbiology systems
Medical Diagnostic Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Medical Diagnostic Market, By Company
- 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
- Thermo Fisher Scientific Inc.
- Randox Laboratories
- Span Diagnostics
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Medical Diagnostic market?
The market is expected to grow at a CAGR of 6% during the study period (2023-2028)
How big is the Medical Diagnostic market value?
The Medical Diagnostic Market is expected to be around US$ 46.60 Billion by 2028
What is the segment’s covered for the Medical Diagnostic market?
The segment included in Medical Diagnostic market is Product and region.
Who are the major key vendors in the Medical Diagnostic market?
Some key players operating in Medical Diagnostic market include Abbott Laboratories, Bio Rad Laboratories Inc., bioMerieux SA, Danaher Corp., F. Hoffmann-La Roche Ltd., General Electric Co., QIAGEN NV, Quest Diagnostics Inc.,
What are the different forms of the report available?
We can offer several formats of the market research reports including,
• PDF
• PPT
• Spreadsheet/ Workbook
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