U.S. Out-Of-Pocket Healthcare Spending Swells to $491 Billion, Up 10%

By Daniel Granderson   In 2021, total U.S. out-of-pocket healthcare spending by consumers reached an estimated $491.6 billion, up about 10% from the prior year with continued annual growth of 9.9% expected through 2026. This will result in almost $800 billion of consumer out-of-pocket healthcare spending in 2026, reports leading medical market research publisher Kalorama […]

$41 Billion U.S. In Vitro Diagnostics (IVD) Market to Grow 5% Through 2025

By Daniel Granderson   The IVD market’s growth in key segments in the U.S. has been accelerated due to the COVID-19 pandemic and the need for testing for the coronavirus. The United States is the largest healthcare market in the world with high privatization of payments relative to other major developed countries. The U.S. healthcare […]

COVID-19 Testing Increases Demand in $150 Billion Clinical Laboratory Services Market, Future Growth Linked to Global Economies

  The global market for clinical laboratory services grew to an estimated $150.4 billion during 2020, with COVID-19 testing demand increasing the market by more than $26 billion over the year. These findings are according to insights featured in Clinical Laboratory Services Market, 6th Edition, a new report by leading medical market research publisher Kalorama […]

Infographic: Kalorama Information’s Guide to Diagnostic Biomarkers

This infographic is based on the report The World Market for Diagnostic Biomarkers (Tumor, Cardiac, Infectious Disease, AutoImmune, Others) by leading medical market research publisher Kalorama Information. Purchase the report for more insights on the past, present, and future of this important market.  

Remote Patient Monitoring and Telehealth: 5 Years of Growth Forecast for $54 Billion Market

  Before COVID-19, the telehealth industry was evolving slowly with slight gains annually.  Today, the pandemic has thrust the world into a new era of remote life, including managing, monitoring and treating patients and their health conditions at a pace never experienced before.  As a result of COVID-19, the global market for patient monitoring and […]

3 Growth Trends in $472 Billion Global Medical Device Market

  COVID-19, mergers & acquisitions, and innovation spurred notable gains in the sale of medical devices in 2020   The global market for medical devices rose to $472 billion in 2020, increasing 5.1% for the year over 2019, according to new data published in The Global Market for Medical Devices, 11th Edition, the latest report […]

At-Home Testing Expanding Reach Beyond COVID-19 Pandemic

Over the years, the increasing introduction of transportable, portable, and handheld medical instruments has resulted in the migration of point-of-care (POC) testing from the hospital environment to a range of medical and non-medical environments including the workplace, home, disaster care and most recently, convenience clinics. In the face of the ongoing global COVID-19 pandemic, the […]