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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia and New Zealand In Vitro Diagnostics Market Size
The Australia and New Zealand in vitro diagnostics market is expected to grow at a CAGR of 5.4% during the forecast period of 2024-2032, driven by rising technical advancements to develop new diagnostic tools along with increasing expenditures and investments in the healthcare domain across the region.
Australia and New Zealand In Vitro Diagnostics Market Report Snapshots
Australia and New Zealand In Vitro Diagnostics Market Size
Australia and New Zealand In Vitro Diagnostics Regional Analysis
Australia and New Zealand In Vitro Diagnostics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is anticipated to grow at a CAGR of 5.4% during the forecast period of 2024-2032, likely to be driven by increasing technical advancements to develop new diagnostic tools along with growing expenditures and government investments in the healthcare domain across the region.
The market demand is driven by the rising prevalence of chronic diseases in the region, owing to an aging population along with rising emphasis on improving the medical research infrastructure.
The growing advancements in upgrading and launching new research facilities is a major market trend. In September 2023, the Australian scientists developed MPXV-CRISPR, the first CRISPR based diagnostic tool to detect monkeypox virus (MPXV) in clinical samples.
Based on technology, the market is divided into clinical chemistry, molecular diagnostics, immuno diagnostics, and hematology, among others.
Major end users include diagnostic laboratories, hospitals and clinics, academic institutes, and point-of-care testing centres, among others.
Instruments, reagents and kits, services, and data management software are common products and services available in the market.
Common application areas include infectious disease, diabetes, cancer/oncology, cardiology, and autoimmune disease, among others.
Based on countries, it includes Australia and New Zealand.
Key players involved in the market are BioMerieux SA., F. Hoffmann-La Roche Ltd., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., Abbott Laboratories, Inc., Siemens AG, Thermo Fisher Scientific, Inc., QIAGEN N.V., Roche Diagnostics, Danaher Corporation, Agilent Technologies, Inc., Diasorin S.P.A, Illumina, Inc., Hologic, Inc., and Quidel Corporation.
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