We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us

Download Mobile App

Global Volume of IVD Procedures Exceeds 21 Billion in 2016

By LabMedica International staff writers
Posted on 18 Apr 2017
Print article
The global volume of in vitro diagnostic (IVD) procedures, excluding the over-the counter (OTC) point of care (POC) market and professional POC glucose monitoring activity, reached 21.4 billion in 2016. Currently, an estimated 80% of all conditions diagnosed by physicians worldwide are based at least partially on the results of IVD procedures.

These are the latest findings of Kalorama Information, an independent medical market research firm.

Over the past few years, significant progress has been made in IVD testing technology due to advances in functional genomics and proteomics, coupled with innovations in automated instruments, bioinformatics, and telecommunications. As a result of developments in IVD testing technology, new tools are becoming available for the detection and analysis of major health problems across the world, such as cancer, diabetes, heart disorders, and infectious diseases.

Evolving global epidemiological patterns, coupled with changing patient care approaches, are driving demand for a full range of routine and esoteric IVD procedures. Medical providers select IVD procedures based on various factors such as nature of the healthcare activity involved, presence or absence of obvious patient symptoms, patient characteristics and history, and, increasingly, cost and third-party reimbursement eligibility. Based on broad detection capabilities, core laboratories – which consolidate routine tests from multiple disciplines, chemistry, immunoassay, urinalysis, microbiology, coagulation, HPV cytology – held the largest share of global IVD procedure volume in 2016.

Going forward, medical providers across the world are expected to depend increasingly on POC and clinical laboratory tests to identify patient health problems in early stages and prescribe appropriate therapies. Increasing applications in testing of hospital patients, patients undergoing physical examinations and periodic healthcare checkups, and patients suspected of ingesting toxic substances will drive the volume of core laboratory procedures implemented across the world. An aging population and rising level of diseases and disorders worldwide will continue to drive the volume of patient testing conducted in most countries. Moreover, the adaptation of molecular and other advanced life science technologies to new and improved reagents and instruments will broaden IVD capabilities in detecting medical conditions. However, with several countries witnessing shorter hospital stays and tighter health insurance restrictions on outpatient testing, the growth in the volume of core laboratory procedures will slow down from the historical levels. Additionally, the need for some core laboratory tests will be eliminated by increasing competition from POC, molecular, and histology/cytology diagnostics.

There are about 500 participants in the IVD industry, including small, narrowly focused firms as well as large diversified multinational companies. The competitive structure of the global IVD industry is relatively concentrated at the top tier, with 10 large, multinational corporations controlling almost 70% of the global market in 2016. These industry leaders compete in multiple product segments and have established their strong competitive positions by combining internal research and development (R&D) activities with acquisitions and external collaborative agreements. Since IVD products serve healthcare applications, producers are subject to strict government regulations and serve highly price-sensitive markets. In order to achieve success in the industry, producers will be required to effectively balance R&D, productivity, manufacturing efficiencies, effective marketing and distribution, and responsive customer service.

Platinum Supplier
ADAMTS-13 Protease Activity Test
ATS-13 Activity Assay
Gold Supplier
Spinal Fluid Cell Count Control
POCT Fluorescent Immunoassay Analyzer
Gold Supplier
Bilirubin Control

Print article


Clinical Chemistry

view channel
Image: A module with eight micro-devices, complete with microfluidic channels and drive motors (Photo courtesy of U.S Department of Energy)

Highly Sensitive pH Sensor to Aid Detection of Cancers and Vector-Borne Viruses

Understanding the acidity or alkalinity of substances through pH measurement is crucial in many fields, from environmental monitoring to healthcare product safety. In many cases, these measurements must... Read more

Molecular Diagnostics

view channel
Image: Newly identified biomarkers may detect early cognitive decline via a blood test (Photo courtesy of 123RF)

Blood Tests to Enable Early Identification of Cognitive Decline and Personalized Treatments

Some individuals who have endured extreme stressors like psychiatric disorders or childhood abuse and neglect can experience a variety of health issues later in life, such as depression, anxiety, and cardiovascular... Read more


view channel
Image: The QScout hematology analyzer has received US FDA 510(k) clearance (Photo courtesy of Ad Astra Diagnostics)

First Rapid-Result Hematology Analyzer Reports Measures of Infection and Severity at POC

Sepsis, a critical medical condition that arises as an extreme response to infection, poses a significant health threat. It occurs when an infection triggers a widespread inflammatory response in the body.... Read more


view channel
Image: PointCheck is the world’s first device for non-invasive white cell monitoring (Photo courtesy of Leuko Labs)

World’s First Portable, Non-Invasive WBC Monitoring Device to Eliminate Need for Blood Draw

One of the toughest challenges for cancer patients undergoing chemotherapy is experiencing a low count of white blood cells, also known as neutropenia. These cells play a crucial role in warding off infections.... Read more


view channel
Image: Current testing methods for antibiotic susceptibility rely on growing bacterial colonies in the presence of antibiotics (Photo courtesy of 123RF)

Rapid Antimicrobial Susceptibility Test Returns Results within 30 Minutes

In 2019, antimicrobial resistance (AMR) was responsible for the deaths of approximately 1.3 million individuals. The conventional approach for testing antimicrobial susceptibility involves cultivating... Read more


view channel
Image: AI methods used in satellite imaging can help researchers analyze tumor images (Photo courtesy of Karolinska Institutet)

AI Approach Combines Satellite Imaging and Ecology Techniques for Analysis of Tumor Tissue

Advancements in tumor imaging technology have significantly enhanced our ability to observe the minute details of tumors, but this also brings the challenge of interpreting vast amounts of data generated... Read more


view channel
Image: Made-to-order diagnostic tests may soon be on the horizon (Photo courtesy of McGill University)

Breakthrough in Diagnostic Technology Could Make On-The-Spot Testing Widely Accessible

Home testing gained significant importance during the COVID-19 pandemic, yet the availability of rapid tests is limited, and most of them can only drive one liquid across the strip, leading to continued... Read more
Copyright © 2000-2023 Globetech Media. All rights reserved.