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Industry News

Image: The global immunoassay instruments/analyzers market is expected to reach USD 23.3 billion by 2024 (Photo courtesy of Shutterstock).

Immunoassay Products Market Worth USD 23.3 Billion by 2024

The global immunoassay instruments/analyzers market was valued at USD 14.7 billion in 2015 and is expected to reach USD 23.3 billion by 2024, driven by the continuous introduction of advanced products, as well as growing clinical applications for investigation and diagnosis of various chronic and related infectious diseases. More...
14 Nov 2016
Image: Siemens announced their healthcare division will be publicly listed as an independent medical technology business (Photo courtesy of Shutterstock).

Siemens Publicly Lists Healthcare Business

Siemens AG, Europe’s largest industrial conglomerate, has announced that its USD 15 billion healthcare division, which operates under the uniform brand name Siemens Healthineers, will be publicly listed as an independent medical technology business. More...
14 Nov 2016
Image: The Decapper 500 and 550 systems are designed for use in medium- to high-throughput biotech, pharmaceutical and clinical laboratories (Photo courtesy of Business Wire).

Thermo Fisher Scientific and Hamilton Partner to Offer Storage Solutions

Thermo Fisher Scientific Inc. and Hamilton Storage have entered into a partnership to offer the fully automated Thermo Scientific Decapper 500 and 550 Series tube capping systems for researchers seeking to streamline their sample storage processes. More...
09 Nov 2016
Image: Crohn’s disease is one of the most common chronic illnesses (Photo courtesy of SPL).

Autoimmune Industry Characterized by High Demand and Competition

The multi-billion dollar autoimmune IVD testing market is growing at a faster pace than the IVD market as a whole. This high demand is attracting a number of IVD manufacturers to the market, including some of the top names in the business, and its growth will continue to be driven by the efforts of the players in the industry. More...
27 Oct 2016
Image: New Chembio President Robert Passas, Ph.D (Photo courtesy of Chembio).

Chembio Diagnostics Announces Two New Senior-Level Appointments

Chembio Diagnostics, Inc., which develops, manufactures, licenses and markets rapid point-of-care (POC) diagnostic tests for infectious diseases, has made two new senior-level appointments. More...
25 Oct 2016
Image: Quantimetrix founder, Dr. Robert Ban (Photo courtesy of Quantimetrix).

Founder of Quantimetrix Dies at 89

Dr. Robert William Ban, who founded Quantimetrix Corporation over 40 years ago, and grew the company into a world leader in laboratory liquid control systems, died peacefully in California at the age of 89. More...
24 Oct 2016

Middle East In Vitro Diagnostics Market Worth USD3.4 Billion by 2021

The Middle East market for in vitro diagnostics will be worth USD 3.4 billion by 2021 and record a growth that is one and one-half to double that of the world IVD market. The growth will be driven by expanding populations and a commitment to healthcare spending in this region, which houses offices of most global concerns in Saudi Arabia, Egypt, Dubai or other locales to service this population with testing products and supplies. More...
14 Oct 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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