Features | Partner Sites | Information | LinkXpress
Sign In
GLOBETECH PUBLISHING
RANDOX LABORATORIES
FOCUS DIAGNOSTICS, INC.

IVD Market Expected to Grow Substantially in 2012-2014

By Labmedica International staff writers
Posted on 13 Dec 2011
The global in vitro diagnostics (IVD) market is expected to grow in 2012-2014 following a surge in Mergers and Acquisitions (M&A) deal values, an acceleration of companion diagnostics partnerships, and the emergence of new prospects for early detection testing, according to Diagnostics 2011, PwC's (New York, NY, USA) biennial review of the IVD sector.

Financial investors, life sciences research groups, clinical laboratories, and medical technology players are all entering the IVD market. Multibillion dollar IVD deals in first seven months of 2011 more than triple total M&A deal value from 2010 to more than US $15 billion.

Several companies are driving the development of a wave of new tests for early detection of major cancers. If the market adopts the concept of using noninvasive in vitro diagnostics for early detection, a major diagnostics or pharmaceutical company could move to acquire one or several of the promising new ventures in this field.

"The IVD sector has attracted exceptional levels of interest, especially reflected in the acceleration of companion diagnostics partnerships with pharmaceutical companies. This momentum will continue as long as innovation and growth prospects in key market segments, such as molecular and tissue diagnostics, remain strong, and rapid action is taken by stakeholders to create a favorable environment for sustaining such innovation, including pricing, regulatory pathways, clinical trial design, reimbursement, and drug-diagnostic value-sharing," said Loic Kubitza, director, pharmaceutical & life sciences advisory services, PwC Luxembourg, and author of the Diagnostics 2011 report.

PwC's Pharmaceutical, Medical Device and Life Sciences industry group is dedicated to delivering effective solutions to the strategic, operational and financial challenges facing pharmaceutical, biotechnology and medical device companies.

Related Links:

PwC





PURITAN MEDICAL
EUROIMMUN AG
Sekisui Diagnostics
comments powered by Disqus
Life Technologies

Channels

Clinical Chemistry

view channel
Image: Enzyme-linked immunosorbent kit (ELISA) specific for human copeptin (Photo courtesy of USCN Life Science).

Preeclampsia Biomarker Detected Very Early In Pregnancy

A biomarker has been discovered that could give expecting mothers and their doctors the first simple blood test to reliably predict that a pregnant woman may develop preeclampsia, at least as early as... Read more

Pathology

view channel
Image: Glioblastoma multiforme (GBM) (Photo courtesy of the University of California, San Diego School of Medicine).

Brain Tumor Chemotherapy Biomarkers Identified

Cancer researchers have identified a new biomarker that they believe can predict whether glioblastoma multiformes (GBMs), the most common and aggressive type of malignant brain tumor, will be susceptible... Read more

Lab Tech.

view channel
Image: The ADVIA Centaur XPT Immunoassay System delivers the results that clinicians depend upon for accurate diagnoses and better patient care (Photo courtesy of Siemens Healthcare).

Introduction of New Central Laboratory Clinical Analyzers Highlights Recent Lab Equipment Exposition

An impressive array of new automated analyzers for central diagnostic laboratories was unveiled at a recent lab equipment trade fair. The IFCC WorldLab exposition held June 22-26, 2014, in Istanbul... Read more
 
Copyright © 2000-2014 Globetech Media. All rights reserved.