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 […]

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 […]

Saudi Arabia IVD Market Rose to $605 Million in 2022, 3.8% CAGR Forecast

The market for in vitro diagnostics (IVDs) in Saudi Arabia, a young country in an aging world, reached an estimated $605 million in 2022, according to Kalorama Information’s 30-Country IVD Market Atlas. In 2022, the market was driven in part by COVID-19 testing, with about 44 million PCR COVID-19 tests performed through last August. Looking ahead, […]

WHO Reports Lowered Threat Level of COVID-19; What Does it Mean for Testing?

Three years and more than seven million casualties later, the COVID-19 pandemic is officially no longer a global health emergency, according to a recent statement by the World Health Organization (WHO). Dr. Tedros Adhanom Ghebreyesus, director general of WHO, announced COVID-19’s less severe designation in early May, though the decision had been carefully considered for […]

3 Trends Shaping Global $124 Billion In Vitro Diagnostic (IVD) Market

There’s no debate, in vitro diagnostics (IVDs) comprise a dynamic international industry with years of growth still ahead. The market already has more than $124 billion in worldwide sales and a presence in more than 20 key healthcare and medical segments ranging from molecular microbiology to infectious disease immunoassays to point-of-care (POC) to clinical chemistry. […]

Brazil and Mexico Lead IVD Investments in Latin America

2023 Healthcare Trend: Growth in $21 Billion Molecular Diagnostics Market

Future molecular IVD sales buoyed by COVID-19, infectious diseases, and sexually transmitted infections There is a market in excess of $21 billion for molecular testing technologies, reveals medical market research publisher Kalorama Information in The World Market for Molecular Diagnostics Tests, 11th Edition, a recent report added to the firm’s Knowledge Center subscription.  The majority […]

127.4 Billion-Dollar IVD Market Blooms

Abbott Leads, Roche Close Second. COVID -19 Tests Largest Share, But Growth Comes from non-COVID The world in vitro diagnostic (IVD) market will reach $127.4 billion dollars in 2022, according to LabPulse.com’s sister publication Kalorama Information.  That’s the finding from the firm’s market research report, The Worldwide Market for In Vitro Diagnostics, 15th edition.  REPORT: […]