US Medical Diagnostics Market Report 2023 to 2027:

Dublin, Jan. 23, 2023 (GLOBE NEWSWIRE) — The “US Medical Diagnostics Market (Product Type, End-User & Region): Insights & Forecast with Potential Impact of COVID-19 (2023-2027)” report has been added to ResearchAndMarkets.com’s offering. The US medical diagnostics market is anticipated to reach US$41.95 billion in 2027, witnessing growth at a CAGR of 4.62%, over the period 2023-2027. The factors such as increasing geriatric population, growing burden of chronic diseases, escalating penetration of electronic health record (EHR) systems, hike in healthcare expenditure and expanding urbanization would drive the growth of the market. However, the market growth would be challenged by death of trained laboratory technicians, high cost of high end molecular diagnostics and in vitro diagnostics devices and challenging premarket approval (PMA) & IVD labeling requirements. A few notable trends include emerging adoption of healthcare related devices like wearables, emergence of various pandemic diseases, rising integration with Artificial Intelligence and growing awareness for personalized medicine. The US medical diagnostics market has been segmented on the basis of type, product type and end-users. In terms of type, the market can be bifurcated into in-vitro diagnostics and in-vivo diagnostics. The US in-vitro diagnostics market is further divided on the basis of product type and application. Depending on the product type, the US medical diagnostics market can be segmented into reagents, instruments and software & services. Whereas, the market can be split into hospitals, diagnostic centers and Physician Office Labs (POLs) & others, on the basis of end-users. The fastest growing regional market was Southern US, owing to the rising susceptibility of the population to various chronic and infectious diseases, growing adoption of automation in reference laboratories and hospitals, increasing patient awareness about personalized medicine and shifting preference towards point-of-care ( POC) testing. Scope of the report The report provides a comprehensive analysis of the US medical diagnostics market segmented on the basis of type, product type, end users and region. The major regional and country markets (Southern, Mid-Western, Western and North Eastern US) have been analyzed. The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth. The company profiles of leading players (Roche Holding AG, Abbott Laboratories, Danaher Corporation, Becton, Dickinson and Company, Quest Diagnostics Inc., and BioMerieux SA) are also presented in detail. Report Attribute Details No. of Pages73Forecast Period2023 – 2027Estimated Market Value (USD) in 2023$35.01 BillionForecasted Market Value (USD) by 2027$41.95 BillionCompound Annual Growth Rate4.6%Regions CoveredUnited States Key Topics Covered:1. Market Overview2. Impact of COVID-19 22.1 Demand Surge for Medical Diagnostics 2.2 Growth in Government Spending on Healthcare 2.3 Surging Adoption of Diagnostics Based on Reverse-Transcription Polymerase Chain Reaction (RT-PCR) 3. The US Market Analysis 3.1 The US Medical Diagnostics Market by Value 3.2 The US Medical Diagnostics Market Forecast by Value 3.3 The US Medical Diagnostics Market by Type 3.3.1 The US In-Vitro Diagnostics Market by Value 3.3.2 The US In-Vitro Diagnostics Market Forecast by Value 3.3.3 The US In-Vitro Diagnostics Market by Product Type 3.3.4 The US In-Vitro Diagnostics Product Type Market by Value 3.3.5 The US In-Vitro Diagnostics Product Type Market Forecast by Value 3.3.6 The US In-Vitro Diagnostics Market by Application 3.3.7 The US In-Vivo Diagnostics Application Market Forecast by Value 3.3.8 The US In-Vivo Diagnostics Market by Value 3.3.9 The US In-Vivo Diagnostics Market Forecast by Value 3.4 The US Medical Diagnostics Market by Product Type 3.4.1 The US Medical diagnostic nostics Product Type Market by Value 3.4.2 The US Medical Diagnostics Product Type Market Forecast by Value 3.5 The US Medical Diagnostics Market by End-Users 3.5.1 The US Medical Diagnostics End-User Market by Value 3.5.2 The US Medical Diagnostics End -User Market Forecast by Value 3.6 The US Medical Diagnostics Market by Region 4. Regional Market Analysis 4.1 Southern US 4.1.1 Southern US Medical Diagnostics Market Forecast by Value 4.2 Mid-Western US 4.2.1 Mid-Western US Medical Diagnostics Market Forecast by Value 4.3 Western US 4.3.1 Western US Medical Diagnostics Market Forecast by Value 4.4 North Eastern US 4.4.1 North Eastern US Medical Diagnostics Market Forecast by Value 5. Market Dynamics 5.1 Growth Drivers 5.1.1 Increasing Geriatric Population 5.1.2 Growing Burden of Chronic Diseases 5.1.3 Escalating Penetration of Electronic Health Record (EHR) Systems 5.1.4 Hike in Healthcare Expenditure 5.1.5 Expanding Urbanization 5.2 Key Trends and Developments 5.2.1 Surging Adoption o f Healthcare-related Devices Like Wearables 5.2.2 Emergence of Various Pandemic Diseases 5.2.3 Rising Integration with Artificial Intelligence 5.2.4 Growing Awareness on Personalized Medicine 5.3 Challenges 5.3.1 Dearth of Trained Laboratory Technicians 5.3.2 High Cost of High-end Molecular Diagnostics & In-Vitro Diagnostics Devices 5.3.3 Challenging Premarket Approval (PMA) & IVD Labeling Requirements 6. Company Profiles 6.1 Roche Holding AG 6.1.1 Business Overview 6.2 Abbott Laboratories 6.2.1 Business Overview 6.3 Danaher Corporation 6.3.1 Business Overview 6.4 Becton, Dickinson and Company 6.4.1 Business Overview 6.5 Quest Diagnostics Inc. 6.5.1 Business Overview 6.6 BioMerieux SA 6.6.1 Business Overview For more information about this report visit https://www.researchandmarkets.com/r/24gibd US Medical Diagnostics Market

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