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IVD Trends and Market Update, March 2022

Publication Date: March 23, 2022

SKU: 22-028

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

Pages: 50

SKU: 22-028

Stay informed with the latest trends and developments in the IVD market with IVD Trends and Market Update, March 2022 from Kalorama Information. The report reflects the latest industry insights as of Q1 2022. This comprehensive report examines the critical factors driving growth, major trends, and the ongoing impact of COVID-19 on the IVD industry.

 

Report Highlights:

  • Market Drivers in 2022:
    • Analysis of key factors influencing market growth throughout the year.
    • Detailed exploration of how COVID-19 continues to impact the IVD market.
  • Major Trends in 2022:
    • Identification of significant trends shaping the market, including product innovations and new developments.
  • Product Trends and New Developments:
    • Insight into emerging technologies such as next-generation sequencing (NGS), personalized medicine, and mass spectrometry.
    • Focus on core market interests including immunochemistry, point-of-care (POC) testing, and molecular diagnostics.

 

Market Dynamics:

  • Innovation and Development: The IVD market is constantly evolving with new products, changes in global health spending, regulatory shifts, and emerging disease trends.
  • Demand and Technology Movement: Comprehensive coverage of how the demand for testing and advancements in technology are driving gains across most areas of the IVD market.

 

Expert Insights:

  • Kalorama Information provides a thorough overview of the IVD market, leveraging the extensive experience of its authors and a commitment to delivering the most accurate data available.
  • This report is essential for understanding the rapidly changing landscape of the IVD market and staying ahead in this dynamic industry.

 

Table: IVD Market excluding and with COVID-19, 2021 (in millions $)

Segment 2021 %Mkt YoY Growth
IVD Market excluding COVID-19 Assays and Instruments $XX Million XX% XX%
COVID-19 Assays and Instruments $XX Million XX% XX%
Total Market $XX Million XX% XX%

Source:  Kalorama Information

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Table of Contents

Chapter One: Worldwide IVD Market – March 2022 Update

IVD Market Demand and Growth

  • Figure 1-1: Quarter-by-Quarter Segment Performance Commentary, 2021
  • Table 1-1: Global In Vitro Diagnostic Sales by Product Market, 2021 ($ 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 2021 – Q4 2021 ($MN)
  • Figure 1-3: IVD Segment Performance, Total Market Value, 2021 ($MN)

COVID-19 Diagnostic Markets

Effect of COVID-19 on Market Segments

  • Table 1-2: IVD Market excluding and with COVID-19, 2021
  • Figure 1-4: IVD Market Distribution by Segment
  • Table 1-3: Global In Vitro Diagnostic Market – YoY Growth 2020-2021
  • Figure 1-5: Global In Vitro Diagnostic Market – YoY Growth 2020-2021

 

Chapter Two: Product Trends and New Developments

Selected New – Q4 2021 and Q1 2022 – Core IVD Product Launches, Developments and Trends

Clinical Chemistry

Flow Cytometry

Immunoassay

Mass Spectrometry

Molecular

Personalized Medicine

POC

Sequencing

COVID-19 Developments – Q1 2021 Through Q4 2021

  • Figure 2-1: COVID-19 Test Market by Type, Q1-Q4 2021 Estimates – Rapid Testing Markets Remain Strong

Antigen

Molecular

 

Chapter Three: Top IVD Market Participant Results

Selected Competitive Leader Updates

  • Figure 3-1: IVD Segment Growth by Leading Competitors, Change in Sales 2020-2021
  • Figure 3-2: Changes in Market Distribution for IVD Sales, 2019 & 2021 – Roche and Abbott Tie for #1 Spot

2021 M&A Activity

  • Table 3-1: IVD-Relevant M&A Activity, 2021
  • Figure 3-3: Count of IVD Industry M&A Deals by Month, 2021

Abbott Laboratories

  • Table 3-2: Abbott Corporate Summary
  • Figure 3-4: Abbott Diagnostics Revenue by Segment (Core Laboratory, Molecular, Point-of-Care, Rapid Diagnostics, COVID-19, BinaxNOW/ID NOW) Full Year 2020 and 2021

Becton Dickinson and Co

  • Table 3-3: Becton Dickinson Corporate Summary
  • Figure 3-5: BD Life Sciences, Revenues by Business FY End September 30, 2020, and 2021

bioMérieux SA

  • Table 3-4: bioMérieux Corporate Summary
  • Figure 3-6: bioMérieux Clinical Applications Segment, Full Year Results, 2020,2021

Danaher Corporation

  • Table 3-5: Danaher Corporation Summary
  • Figure 3-7: Danaher Diagnostic Segment Performance, Full Year Results, 2020,2021

Hologic, Inc.

  • Table 3-6: Hologic Corporate Summary
  • Figure 3-8: Hologic Diagnostic Segment Performance, Full Year Results, FY 2020, FY 2021, $M

Ortho Clinical Diagnostics

  • Table 3-7:  Ortho Clinical Corporate Summary
  • Figure 3-9: Ortho Clinical Diagnostics, Full Year Results, $M (2020, 2021)

PerkinElmer, Inc.

  • Table 3-8: Perkin Elmer Corporate Summary
  • Figure 3-10: PerkinElmer Diagnostics (Product, Service Revenue), Full Year Results, $M (2020, 2021)

Quidel Corporation

  • Table 3-9: Quidel Corporate Summary
  • Figure 3-11: Quidel Corporation Revenue by Product Group, Full Year Results 2020, 2021, $M

Roche Diagnostic

  • Table 3-10: Roche Diagnostic Corporate Summary
  • Figure 3-12: Roche Diagnostics Revenue by Product Group, Full Year Results 2020, 2021, CHF MN

Siemens Healthineers

  • Table 3-11: Siemens Healthineers Corporate Summary
  • Figure 3-13: Siemens Diagnostics Revenue, FY 2020 and FY 2021, € MN

Sysmex Corporation

  • Table 3-12:  Sysmex Corporate Summary
  • Figure 3-14: Sysmex Revenue by Product Segment, FY 2020, 2021 and 2022, JPY MN

Thermo Fisher Scientific

  • Table 3-13: Thermo Fisher Scientific Corporate Summary
  • Figure 3-15: Thermo Fisher Scientific COVID-19 Response Revenue, 2020 and 2021 by Quarter

 

Chapter Four: New Opportunities

Artificial Intelligence in the Lab

Multiplex and Syndromic Testing

Advancing Lateral Flow Technologies

Personalized Medicine

Point-of-Care

Mass Spectrometry-based COVID-19 Testing

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