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Industry News

Image: Handheld hematology devices are expected to contribute to the growth of the global POC hematology diagnostics market (Photo courtesy of Philips Healthcare).

Increasing Conditions and Diseases Drive Global POC Hematology Diagnostics Market

The global Point of Care (POC) hematology diagnostics market is expected to grow at a CAGR of close to 9% over the forecast period 2018-2022 to reach a value of USD 2.7 billion by 2022, driven mainly by the rising prevalence of hematology conditions and infectious diseases such as sickle cell disease, thalassemia, and polycythemia. Additionally, the increased adoption of next-generation hematology diagnostic products such as handheld hematology devices and non-invasive hematology testing will further contribute to the growth of the global POC hematology diagnostics market. More...
20 Sep 2018
Image: The western blotting processors market is expected to grow from USD 200 million to USD 329 million by 2028 (Photo courtesy of Next Advance).

Western Blotting Processors Market to Reach USD 329 Million by 2028

The western blotting processors market is projected to grow at a CAGR of 5.1% from an estimated USD 200 million in 2018 to just under USD 329 million towards the end of 2028, driven partly by the increasing cases of HIV globally as western blot is a confirmed test that can detect anti-HIV antibodies in blood serum samples. More...
20 Sep 2018
Image: The worldwide market for IVD tests is expected to grow 4% annually to USD 77.8 billion by 2023 (Photo courtesy of iStock).

Global IVD Market to Reach USD 77 Billion by 2023

The worldwide market for in vitro diagnostic tests is estimated at USD 65 billion in 2018 and is expected to grow 4% annually to USD 77.8 billion by 2023, driven by the aging world population and stream of new test innovations, offset by reimbursement cuts globally and slower buying in the mature sectors. More...
12 Sep 2018
Image: The Connect.One network architecture allows labs to remotely monitor automated analyzers (Photo courtesy of Diagnostica Stago).

Stago Connect.One Network Allows Remote Monitoring of Analyzers

Diagnostica Stago, an in-vitro diagnostics company focusing on thrombosis and hemostasis, has launched the secure Connect.One network architecture, which allows laboratories to benefit from remote monitoring of their automated analyzers. More...
09 Aug 2018
Image: DIAsource Immunoassays has entered into an agreement with ZenTech for its portfolio of radioimmunoassays (RIA) products (Photo courtesy of iStock).

DIAsource Immunoassays Enters Agreement with ZenTech for RIA Products

DIAsource Immunoassays, a BioVendor group company, has entered into a strategic agreement with ZenTech under which ZenTech will transfer its portfolio of radioimmunoassays (RIA) products to DIAsource, securing their continued production and sales. More...
31 Jul 2018
Image: The global critical care diagnostics (CCD) market is expected to reach USD 1.3 billion by 2024 (Photo courtesy of iStock).

Global Critical Care Diagnostics Market to Reach USD 1.3 Billion by 2024

The global critical care diagnostics (CCD) market is estimated to have been valued at USD 837.6 million in 2015 and is expected to reach USD 1.3 billion by 2024, driven by increasing awareness among physicians, patients’ requirements for cost-efficient, rapid, and accurate diagnostic tests, and technological advancements. However, the high costs of these tests and scarcity of skilled labor for handling new platforms pose a challenge to the market growth. More...
19 Jul 2018
Image: The new educational guide provides a quick overview of capillary blood sampling best practice (Photo courtesy of EKF Diagnostics).

EKF Diagnostics Releases Educational Guide to Good Capillary Blood Sampling

Global in vitro diagnostics company EKF Diagnostics has published an educational guide, which provides a quick overview of capillary blood sampling best practice. The new guide aims to help health care professionals understand the common causes of pre-analytical errors and reduce their impact on hemoglobin results. More...
05 Jul 2018


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