US Diagnostics Market to Continue Steady Growth Till 2020

2026-08-05 04:36:50 Industry

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According to a new research report by RNCOS entitled, ?US Diagnostic Market Outlook 2020?, The Diagnostics market in US has been growing steadily over the past few years and will continue to grow with the same trend in the years to come. Although the market share is likely to go down as players are moving towards the more lucrative emerging markets such as the countries in the Asia Pacific region.

The US diagnostics market mainly comprises of two segments, the medical imaging equipments and various in vitro diagnostic products. Although the medical imaging equipment segment is a highly evolving and high-tech segment, the future growth in the US diagnostics market will mainly stem from the in vitro diagnostic products which have a broad range of applications. According to the RNCOS estimates, the US is expected to maintain its lead position as the world's largest IVD products market, growing at a moderate CAGR of 6.3% during the forecast period (2014-2020).

Research Analysis and Highlights

The report spans across 90 pages and provides an overview of the US Diagnostics Market with respect to medical imaging equipments and in vitro diagnostics. The report provides in-depth analysis of the market segments along with the factors driving the industry growth, and challenges faced by the industry. In addition to this, the study includes an analysis of the clinical lab services market in the US. The report also provides an insight into the Merger and Acquisition activity that has taken place in the market for the past three years and the competitive landscape of both the diagnostics and lab services market.

Some of the key highlights of the report include the following:

- Molecular Diagnostics to drive the US diagnostics industry
- Personalized medicine and companion diagnostics revolutionizing US diagnostics market
- Consolidations in the market during past few years

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM782.htm

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ABOUT RNCOS

RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.