Six Trends to Watch in POC-IVD

Point of care IVD sales reached 45 billion dollars in 2022.  This includes instruments – permanent and disposable, and associated reagents and supplies.   Kalorama Information’s latest report details this:  https://kaloramainformation.com/product/the-worldwide-market-for-point-of-care-poc-diagnostic-tests-10th-edition/ Point of care covers a variety of tests – some performed in a lab, some in a doctor’s office, some in a patient’s home […]

Hematology Grows, Driven by Decentralization

The global market for hematology testing, inclusive of analyzers/instruments and reagents, is valued at $5,655 million in 2022. This includes all commercial laboratory and hospital-based products, some research use products used in clinical laboratories, and OTC product sales (not test services). This is according to Kalorama’s latest on hematology IVD. The report indicates that decentralized […]

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. […]

New AACC Guidance Advises Cervical Cancer Testing Strategies for Clinicians and Labs

Cancer by the Numbers There have been notable advances in cancer treatment, yet cancer continues to affect about 18.1 million people annually, generating a significant loss of life, financial burden and overall strain on the health industry, according to World Cancer Research Fund International data cited by Kalorama Information in the report Precision Cancer Therapeutics […]

Brazil and Mexico Lead IVD Investments in Latin America

Still Room to Grow in Infectious Disease IVD

Per Kalorama Information’s World Infectious Disease report: Opportunities for infectious disease testing products vary widely between the developed and developing countries, according to our most recent report on infectious disease world markets. With favorable access to a complete range of tests and the operation of advanced medical delivery systems that reach most residents and in spite of making […]

China: Molecular Point-of-Care’s International Market to Watch

Molecular point-of-care (mPOC) is a multi-billion dollar market with expanding international intrigue. Though the mPOC market is led by North America and Europe, the Asia-Pacific region makes up 10% of the market’s worldwide sales, with China positioned as a burgeoning power within the APAC. Kalorama Information, a leading medical market research firm, covers mPOC’s global […]

Veterinary Diagnostic Testing for Pets and Other Animals Will Grow Globally to $5.8 Billion in 2027

Where the pets go, so go the profits. This is true not just for mainstream pet products (such as food and toys) or services (such as grooming and boarding), but extends to veterinary pet healthcare, most notably veterinary diagnostic testing. Indeed, the global veterinary diagnostic market  is forecast to grow to approximately $5.8 billion in […]

Growth in Molecular Diagnostics, Beyond COVID-19

COVID-19 is not over, but test sales are clearly on the decline, and IVD companies for the most part have adopted a focus on other test areas to beat the negative trend. Abbot, Roche, Hologic and Quest are among the diagnostic testing companies that have reported 2022 results with COVID-19 losses softened by gains in […]

Expect More Testing Performed at Physician Office Lab Venues: Report

The IVD market follows patients where technologies allow. There’s no greater evidence for need for IVD product makers to find a market in physician office labs than the declining hospital bed count. With declining hospital bed in developed countries and slow growth in hospital bed volume even in developing nations, it makes sense that more […]