Store

Home | Store | In Vitro Diagnostic (IVD) Trends and Market Update: November 2023

In Vitro Diagnostic (IVD) Trends and Market Update: November 2023

Publication Date: November 7, 2023

SKU: 23-046

Tags: Coagulation, COVID-19, Diagnostic Instruments, Genetic Diseases, Hematology, Histology and Cytology, Immunoassay, In Vitro Diagnostics (IVD), Infectious Diseases, Molecular Diagnostics, Oncology and Cancer, Point-of-Care (POC) Testing

Pages: 40

SKU: 23-046

As in vitro diagnostic (IVD) testing returns to its vital role in healthcare, it remains a cornerstone in medical practice, providing crucial insights for physicians, from diagnosis to precision medicine. While COVID-19 testing sees a decline, it continues to influence total revenues for 2023. In this ever-changing landscape, characterized by new products, shifts in global health spending, regulatory updates, and evolving disease trends, IVD remains resilient.

Kalorama Information’s IVD Trends and Market Update: November 2023 is your definitive guide to the latest market trends and insights. This report, updated by Kalorama’s analysts in Q3 2023, offers the most current information on the IVD market.

 

Key Market Segments:

  • Point-of-Care
  • Next-Generation Sequencing (NGS)
  • Cancer Testing
  • Companion Diagnostics
  • Immunochemistry
  • Mass Spectrometry
  • Gene Testing
  • Molecular Diagnostics

 

Highlighted Trends in Q3 2023:

  • Proliferation of Multiplex Testing
  • Adoption of AI Technologies

 

Why Choose Kalorama Information:

Kalorama Information is renowned for its in-depth analysis of the IVD market, thanks to the expertise of its authors and its commitment to delivering precise and timely data.

 

Discover:

  • What’s Driving Growth in the IVD Market in Q3 and the Second Half of 2023
  • Major Trends Affecting the Market in Q3 and the Second Half of 2023
  • Impact of COVID-19 on the Market in Q3 and the Second Half of 2023
  • Product Trends and New Developments Shaping the IVD Market in the Second Half of 2023

 

Stay Informed, Stay Competitive:

As the IVD market evolves, it’s crucial to stay informed. Kalorama’s IVD Trends and Market Update: November 2023 provides the insights you need to navigate this dynamic industry. Order your copy today to stay ahead of the curve.

 

Table: COVID-19 Product Sales, by Segment, 2023 ($ millions)

Segment 2023 %Mkt
COVID-19 Lab-based Immunoassay Sales (Antigen & Serology) $XX Million XX%
COVID-19 Lab-based Molecular Sales $XX Million XX%
COVID-19 Rapid Sales (POC Professional and POC At-Home) $XX Million XX%
Total COVID-19 $XX Million XX%

Re-evaluated October 2023

Source:  Kalorama Information

For further details and to purchase directly, please contact us.

Table of Contents

Chapter 1: Worldwide IVD Market – October 2023 Update

IVD Market Demand and Growth

Figure 1-1: Q3 Segment Performance Commentary, 2023

  • Table 1-1: Global In Vitro Diagnostic Sales by Product Market, 2023 ($ million) (Clinical Chemistry; Immunoassays – non isotopic [Infectious disease, Other immunos, Blood bank screening, Drugs of Abuse, Diabetes HbA1c – lab]; Hematology – Core Lab; Microbiology [ID/AST]; Microbiology [molecular]; Microbiology – Mass Spectrometry; Coagulation [PT/INR]; Coagulation, molecular; Histology/cytology; HPV, molecular; Nucleic acid assays; Blood grouping/typing; Blood bank molecular – NAT Screens; Circulating tumor cells; POC, OTC diabetes; POC, OTC other; POC, professional/hospital; Mass Spectrometry; Other IVD)
  • Figure 1-2: IVD Segment Performance, Q1 2023 – Q4 2023e ($MN)
  • Figure 1-3: IVD Segment Performance (Clinical Chemistry, Coagulation, Hematology, Histology, Immunoassay, Microbiology, POC, Other), Total Market Value, 2023 ($MN) Estimated

COVID-19 Diagnostic Markets

  • Table 1-2: COVID-19 Product Sales, by Segment (Immunoassay [Antigen, Serology], Molecular, Rapid [POC Professional, POC At-Home]), 2023 ($ millions)

Effect of COVID-19 on Market Segments

  • Table 1-3: IVD Market (excluding and with COVID-19), 2023 ($ millions)
  • Figure 1-4: IVD Market Distribution, by Segment (COVID-19 Assays and Instruments, IVD Market excluding COVID-19 Assays and Instruments), 2023 (%)
  • Figure 1-5: IVD Market by COVID-19 and non-COVID Markets, Quarterly Performance, 2023 Estimated  ($ millions)
  • Table 1-4: Global In Vitro Diagnostic Market, by Segment (Clinical Chemistry; Immunoassays –  non isotopic [Infectious disease, Other immunos, Blood bank screening, Drugs of Abuse, Diabetes HbA1c – lab]; Hematology – Core Lab; Microbiology [ID/AST]; Microbiology [molecular]; Coagulation [PT/INR]; Histology/cytology; d-dimer; Nucleic acid assays; Blood grouping/typing; Blood bank molecular – NAT Screens; POC, OTC diabetes; POC, OTC other; POC, professional/hospital), YoY Growth 2022-2023 (%)
  • Figure 1-6: Global In Vitro Diagnostic Market, by Segment (Clinical Chemistry; Immunoassays –  non isotopic [Infectious disease, Other immunos, Blood bank screening, Drugs of Abuse, Diabetes HbA1c – lab]; Hematology – Core Lab; Microbiology [ID/AST]; Microbiology [molecular]; Coagulation [PT/INR]; Histology/cytology; d-dimer; Nucleic acid assays; Blood grouping/typing; Blood bank molecular – NAT Screens; POC, OTC diabetes; POC, OTC other; POC, professional/hospital), YoY Growth 2022-2023 (%)

 

Chapter 2: Product Trends and New Developments

Selected New – Q3 2023 – Core IVD Product Launches, Developments and Trends

Clinical Chemistry

Flow Cytometry

Immunoassay

Mass Spectrometry

Molecular

Personalized Medicine

POC

Sequencing

Selected COVID-19 Developments – Q3 2023

  • Figure 2-1: COVID-19 Test Market, by Type (Antigen, Molecular, Serology, Rapid), Q1-Q4 2023 ($ millions)

Antigen/Antibody

Molecular

 

Chapter 3: Top IVD Market Participant Results

Selected Competitive Leader Updates

  • Figure 3-1: IVD Segment Growth, by Leading Competitors (Abbott Diagnostics, Becton Dickinson, bioMérieux, Danaher, Exact Sciences, QuidelOrtho, Roche Diagnostics, Siemens Healthineers, Sysmex Corporation, Thermo Fisher Scientific), Change in Sales, 2022-2023 (%)
  • Figure 3-2: Changes in Market Distribution for IVD Sales, 2020-2023 – Roche and Abbott Battle for #1 Spot
  • Figure 3-3: Comparison of Total Diagnostic Sales for Abbott vs Roche, 2020-2023 ($ millions)

Q3 M&A Activity

Table 3-1: Q3 2023 Merger and Acquisition Activity

Abbott Laboratories

  • Table 3-2: Abbott Corporate Summary

Becton Dickinson and Co

  • Table 3-3: Becton Dickinson Corporate Summary

bioMérieux SA

  • Table 3-4: bioMérieux Corporate Summary

Danaher Corporation

  • Table 3-5: Danaher Corporation Summary

Hologic, Inc.

  • Table 3-6: Hologic Corporate Summary

QuidelOrtho Corporation

  • Table 3-7: QuidelOrtho Corporate Summary

Roche Diagnostic

  • Table 3-8: Roche Diagnostic Corporate Summary

Siemens Healthineers

  • Table 3-9: Siemens Healthineers Corporate Summary

Sysmex Corporation

  • Table 3-10:  Sysmex Corporate Summary

Thermo Fisher Scientific

  • Table 3-11: Thermo Fisher Scientific Corporate Summary

 

Chapter 4: New Opportunities

Multiplex Testing

Next-Generation Sequencing

Artificial Intelligence Future Trends

Disruptive Technologies

Our Knowledge Center provides access to

all market reports