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Latest Blogs
- Global Medtech Sales Exceed $500 Billion as Chronic Diseases Shape Market’s Future November 14, 2023
- Healthcare Advances, Investments Support Laboratory Information System (LIS) Growth October 26, 2023
- Personalized Medicine Key to IVD Procedure Volumes’ 10% Annual Growth October 19, 2023
- RNA Sequencing: Life Sciences’ Transformative $2.6 Billion Industry October 4, 2023
- How Globalization and Climate Change Impact COVID-19 and the IVD Market September 20, 2023
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Kalorama Information, part of Science and Medicine Group, has been a leading publisher of market research in medical markets, including the biotechnology, diagnostics, medical device, and pharmaceutical industries for more than 30 years. Our comprehensive, timely, quality research and innovative approach to analysis and presentation of market intelligence have made Kalorama Information a premier source of market information for top industry decision makers.
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Global Medtech Sales Exceed $500 Billion as Chronic Diseases Shape Market’s Future
“Advances in Medtech can enhance patient treatment, improve outcomes, lower hospital admissions and fatalities, achieve cost savings, and alleviate the workload on healthcare staff, thus creating a market for medical devices that is forecast to grow and expand over the next five years.“ – Kalorama Information The world market for Medtech is valued at over $500 billion […]
Healthcare Advances, Investments Support Laboratory Information System (LIS) Growth
The global market for LIS is forecast to increase at a high single-digit compound annual growth rate (CAGR) between 2022 and 2027, reveals leading medical market research publisher Kalorama Information in the new report World Market for Laboratory Information Systems (LIS): Software, Hardware, and Implementation for Clinical Labs, 2022-2027. Advances in healthcare will function as […]
Personalized Medicine Key to IVD Procedure Volumes’ 10% Annual Growth
The in vitro diagnostic (IVD) industry is on track again after the disruptions of the pandemic. The overall volume of IVD procedures will rise steadily throughout most of the world, boosted by aging population trends, proliferating epidemiological patterns, increasing availability of healthcare funding, and widespread adoption of patient care strategies that emphasize early disease detection […]
RNA Sequencing: Life Sciences’ Transformative $2.6 Billion Industry
The RNA sequencing market continues to offer potent tools with the potential to usher in significant transformations in healthcare in the foreseeable future. Over the past decade, there has been a remarkable surge in product launches, novel applications, and a rush of end-user labs eager to become major competitors in this $2.6 billion industry, according […]
How Globalization and Climate Change Impact COVID-19 and the IVD Market
COVID-19 hospitalizations in the U.S. have spiked in recent weeks amidst the advent of yet another new variant and the impending arrival of updated booster shots for a fall vaccination campaign. This late summer spike in infections comes after months of declines in COVID-related hospitalizations and deaths. The spike is poised to impact the in […]
IVD Trends 2023-2028: Emerging Growth Markets in Asia, Latin America, and the Middle East
In vitro diagnostic (IVD) testing is truly global as it has impacted every country in the world due to COVID-19 and it will continue to play an ever-increasing role in the practice of medicine. Social and economic events in selected countries will continue to influence the IVD market, but overall the IVD market plays an […]
Worldwide IVD: 8 Key Trends to Watch in $106 Billion Market
In vitro diagnostics (IVDs) remain dynamic. The IVD market is a high R&D spend industry with constant innovations and routine interest from venture capital firms in diagnostic products. Nevertheless, the past few years have been very disruptive for IVDs. However, the resilient IVD industry has weathered the pandemic and is forging ahead with new technologies […]
The Wide-Reaching Potential of Artificial Intelligence in Healthcare
This blog is based on the August 2023 market research report The Worldwide Market for In Vitro Diagnostic Tests, 16th Edition, now on sale from Kalorama Information Artificial intelligence systems, which simulate human intelligence by learning, reasoning, and self-correction, have the potential to be more accurate than doctors at making diagnoses and performing surgical interventions. […]
IVD for Pets: A $2.7 Billion Global Market
The need for veterinary testing has grown in recent years, as the majority of U.S. households claim to have at least one pet in the family. This has created ample opportunity for the companion animal segment of the veterinary diagnostic market, which globally had sales of $2.7 billion in 2022. The findings are according to […]
U.S. Consumer Out-of-Pocket Healthcare Spending to Grow 10% Annually Through 2028
Out-of-pocket expenditures (OOP) have long weighed upon the United States healthcare system and consumers. The weight is as heavy as ever in 2023 as OOP healthcare spending by consumers will reach an estimated $519 billion by year’s end, up almost 9% from 2022 with continued annual growth of 10% forecast through 2028. These findings are […]