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 […]
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 […]
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 […]
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 […]
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