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Industry News

Danaher to Acquire Cepheid for USD 4 Billion

Danaher Corporation will acquire Cepheid by purchasing all of the company’s outstanding shares for $53.00 per share in cash, or a total enterprise value of approximately USD 4 billion, including indebtedness and net of acquired cash. More...
07 Sep 2016

Global In Vitro Diagnostic Test Market Worth USD 60 Billion

The global in vitro diagnostic (IVD) test market is currently worth USD 60.5 billion and will continue to grow, though a moderate and gradual change is likely to be witnessed over the next five to ten years, as more opportunities are created in novel tests and growing regions, while the traditional categories and reliable large markets face challenges. More...
26 Aug 2016
Sekisui Diagnostics

Critical Care Diagnostics Market Worth USD 1.29 Billion By 2024

The global critical care diagnostics (CCD) market will grow at a lucrative rate over the next few years to reach USD 1.29 billion by 2024, driven by the rapid awareness and acknowledgment of these tests by physicians and patients, rise in geriatric population and chronic health conditions, use of telehealth services in remote areas, and technological advancements. However, increased cost of molecular diagnostics and shortage of skilled labor to handle new platforms are expected to hinder the industry’s growth. More...
16 Aug 2016

LabCorp to Acquire Sequenom

Laboratory Corporation of America Holdings (LabCorp) (Burlington, NC, USA), a healthcare diagnostics company, and Sequenom, Inc. (San Diego, CA, USA), which is in the business of non-invasive prenatal testing (NIPT) for reproductive health, have entered into a definitive agreement and plan of merger. More...
01 Aug 2016

Global Digital Pathology Market Worth USD 1,052 Million by 2022

The global digital pathology market will reach USD 1,052 million by 2022, driven by the growing popularity of virtual slides over physical slides, technological advancements, and cost-effective products, with North America accounting for the major share. More...
25 Jul 2016

Blood Gas and Electrolyte Analyzer Market Worth USD 636 Million by 2021

The global blood gas analyzer/blood gas and electrolyte analyzer market is expected to grow at a 5-year CAGR of 4.6% from USD 506.9 million in 2016 to USD 636 million by 2021, driven mainly by growing demand for automated and point-of-care blood gas analyzer devices. More...
20 Jul 2016

Cardiac Biomarker Testing Market Reaches $2 Billion

The market for tests using cardiac biomarkers, including cardiac markers used for heart attack detection, and cholesterol and coagulation tests, surpassed $2 billion in 2015. These are the latest findings of Kalorama Information, (New York, NY, USA), an independent medical market research firm. More...
11 Jul 2016

LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.
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