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: […]

Laboratory Industry Doesn’t Forget COVID-19, But Shifts Focus to Other Health Conditions at AACC 2022 in Chicago

Urgent healthcare problems were addressed at the 2022 American Association for Clinical Chemistry (AACC) meeting of lab professionals and IVD vendors in Chicago.  Kidney disease, drugs of abuse, hematology and liver disease were among areas of new product development and studies. Medical market research firm Kalorama Information (www.kaloramainformation.com) notes there were 331 contract manufacturers, 42 […]

The Middle East and Africa Region a $4 Billion Hotbed for IVD Investment

Globally, in vitro diagnostic (IVD) companies are exploring opportunities in developing countries, where rising incomes and standards of living have sparked a new health consciousness and growing demands for quality medical care.  As the COVID-19 dust settles, it is expected that the interest in geographic expansion will once again return to the Middle East and […]

106 Billion IVD Procedures and Counting

“Medical market researcher Kalorama Information forecasts exponential growth in both in vitro diagnostics (IVD) procedures and sales between 2021 and 2026.”   The global in vitro diagnostics (IVD) procedures market continues to grow off momentum originating at the height of the pandemic and lingering on today. There are currently 106,624 million (106 billion) in vitro […]

COVID-19 and 6 Other Trends Impacting the In Vitro Diagnostics (IVD) Market

  “In many ways, the IVD testing market is center stage for the fight against the coronavirus…The COVID-19 market continues to play a major role in the growth of the IVD market with tests for the virus representing 27% of sales in 2021.” – Kalorama Information   Make no mistake, the in vitro diagnostics (IVD) […]

Cancer IVD: 4 Trends to Watch in $5.5 Billion Market

  Whether affecting the lungs, colorectal system, stomach, liver, breasts, or other parts of the body, few medical maladies carry the inherent gravitas of cancer. Annually, millions of new cancer cases are diagnosed and millions of cancer linked deaths occur worldwide.  Undoubtedly, cancer poses one of the greatest threats to human health globally. This proliferating […]

Allergy Immunoassay Market at $612.5 Million with 30%-40% of World Population Affected

  Allergy statistics show that allergy conditions, triggered by anything from foods to venoms to vaccines and more, are constantly present in our lives and are not going away. In fact, the rising prevalence of allergies has created a market for allergy immunoassays—including lab-based allergy immunoassays and POC-based allergy immunoassays—that will reach an estimated $612.5 […]

In Vitro Diagnostic Market Swells To Largest Level Ever, 117 Billion Dollars

The in vitro diagnostics market was $25.2 billion dollars in 2001. It now exceeds $117 billion, according to Kalorama Information’s new report on the in vitro diagnostics market. Not only has COVID-19 testing volumes persisted despite the presence of a vaccine, but other test markets have recovered. This has lead to a 12% increase in the market between […]

Latin America’s In Vitro Diagnostics (IVD) Market to Reach $4.2 Billion in 2025

By Daniel Granderson   The market for in vitro diagnostics (IVD) in Latin America, estimated at nearly $3.3 billion in 2020, is forecast to experience a 5.3% compound annual growth rate (CAGR) to reach $4.2 billion in 2025. The forecast growth rate for Latin America will therefore slightly outpace what’s expected for the world’s leading […]

Infographic: In Vitro Diagnostics (IVD) in the U.S. and Latin America

Leading medical market research publisher Kalorama Information analyzes the IVD industry across multiple reports published in 2021, including the upcoming The Worldwide Market for In Vitro Diagnostic Tests, 14th Edition, a 1,500-plus page report that has provided reliable estimates and real-world forecasts for two decades. The report is scheduled to publish in August. Previously published […]