(PharmaNewsWire.Com, February 19, 2018 ) In-vitro diagnostics are the tests that can detect diseases, conditions, or infections. Some tests are used in the laboratory or other health professional settings and other tests are for consumers to use at home. The advances in reagents and related substances have increased the quality and performance of In-vitro diagnostics packaging configurations.
In-vitro diagnostics packaging market is accounted to reach 8.17 billion with a CAGR of 3.95% by 2024 owing to the increase in incidence of chronic and infectious diseases in geriatric population, growth in the number of public and private diagnostics centers and increasing point of caring centers. However, strict government regulations for the manufacturing of In-vitro diagnostics products and inadequate policies are expected to hamper the market growth. Ongoing Research and development related to In-vitro are anticipated to present new opportunities for the growth of In-vitro diagnostics packaging market.
Key players in the market include: Bio-Rad Laboratories Incorporated Greiner Holding AG Corning Incorporated Amcor Limited Narang Medical Ltd.
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