IVD Market Trends Report, March 2023
Diagnostic testing continues to be a valuable resource to help physicians arrive at a diagnosis. Additionally, it has gone from helping the physician to diagnose illness to providing the physician with invaluable information on treatments such as precision medicine. Now, in the aftermath of the COVID-19 pandemic, new products, changes in global health spending, regulatory changes in major markets and disease trends are among the factors that produce a constantly changing market picture but one that remains resilient. Ultimately, the IVD market remains dynamic, demonstrating constant innovations.
In IVD Market Trends Report, March 2023, Kalorama Information analyses and answers:
- What’s Driving Growth in the IVD Market since Q1 2022 and into Q1 2023?
- What Major Trends have been Affecting the Market since Q1 2022 and into Q1 2023?
- How Has COVID-19 Impacted and Continued to Impact the Market?
- What Product Trends and New Developments Will Shape the IVD Market?
- Worldwide IVD Market – March 2023 Update
- IVD Market Demand and Growth
- Table Quarter-by-Quarter Segment Performance Commentary, 2022
- Table Global In Vitro Diagnostic Sales by Product Market, 2022 ($ million) (Clinical Chemistry; Immunoassays: 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)
- Table IVD Segment Performance (Clinical Chemistry, Coagulation, Hematology, Histology, Immunoassay, Microbiology, POC, Other), Q1 2022 – Q4 2022 ($MN)
- Table IVD Segment Performance (Clinical Chemistry, Coagulation, Hematology, Histology, Immunoassay, Microbiology, POC, Other), Total Market Value, 2022 ($MN)
- COVID-19 Diagnostic Markets
- Table COVID-19 Product Sales — Immunoassay (Antigen, Serology), Molecular, Rapid — 2022 ($ millions)
- Effect of COVID-19 on Market Segments
- Table IVD Market excluding and with COVID-19, 2022
- Table IVD Market Distribution by Segment (COVID-19 Assays and Instruments, IVD Market excluding COVID-19 Assays and Instruments), 2022
- Table IVD Market by COVID-19 and non-COVID markets, Quarterly Performance, 2022
- Table Global In Vitro Diagnostic Market – YoY Growth 2021-2022
- Table Global In Vitro Diagnostic Market – YoY Growth, by Segment (Blood Bank Molecular – NAT Screens, Blood Grouping/Typing, Clinical Chemistry, Coagulation (PT/INR), D-Dimer, Diabetes HbA1c lab, Drugs of Abuse, Hematology – Core Lab, Histology/Cytology, Immuno – Blood Bank Screening, Immuno – Infectious Disease, Microbiology (ID/AST), Microbiology (Molecular), Nucleic Acid Assays/genetic Tests, Other Immunos, POC – OTC Diabetes, POC – OTC Other, POC – Professional/Hospital), 2021-2022
- IVD Market Demand and Growth
- Product Trends and New Developments
- Selected New – Q4 2022 and Q1 2023 - Core IVD Product Launches, Developments and Trends
- Immunoassay
- Molecular
- Personalized Medicine
- POC
- Sequencing
- Selected COVID-19 Developments – Q4 2022 - Q1 2023
- Table COVID-19 Test Market by Type, Q1-Q4 2022 – COVID-19 Testing Wanes
- Antigen/Antibody
- Molecular
- Selected New – Q4 2022 and Q1 2023 - Core IVD Product Launches, Developments and Trends
- Top IVD Market Participant Results
- Selected Competitive Leader Updates
- Table IVD Segment Growth by Leading Competitors (Abbott Diagnostics, Becton Dickinson, bioMérieux, Danaher, Hologic, QuidelOrtho, Roche Diagnostics, Siemens Healthineers, Sysmex Corporation, Thermo Fisher Scientific), Change in Sales, 2021-2022
- Table Changes in Market Distribution for IVD Sales, 2019-2022 – Roche and Abbott Battle for #1 Spot
- Table Comparison of Total Diagnostic Sales for Abbott vs Roche 2020-2022 (in millions $)
- 2022 M&A Activity
- Table IVD-Relevant M&A Activity, 2022
- Table Count of IVD Industry M&A Deals by Month, Full Year 2022 and Jan-Feb 2023
- Abbott Laboratories
- Table Abbott Corporate Summary
- Table Abbott Diagnostics Revenue by Segment (Core Laboratory, Molecular, Point-of-Care, Rapid Diagnostics, COVID-19), Full Year 2021 and 2022 $M
- Becton Dickinson and Co
- Table Becton Dickinson Corporate Summary
- Table BD Life Sciences, Revenues by Business FY End September 30, 2021, and 2022 $M
- bioMérieux SA
- Table bioMérieux Corporate Summary
- Table bioMérieux Clinical Applications Segment, Full Year Results, 2021, 2022 € MN
- Danaher Corporation
- Table Danaher Corporation Summary
- Table Danaher Diagnostic Segment Performance, Full Year Results, 2021 ,2022 $M
- Hologic, Inc.
- Table Hologic Corporate Summary
- Table Hologic Diagnostic Segment Performance, Full Year Results, FY 2021 and FY 2022, $M
- QuidelOrtho Corporation
- Table QuidelOrtho Corporate Summary
- Table QuidelOrtho, Full Year Results, by Segment (Immunoassay/Clinical Lab, Molecular Diagnostics, Point-of-Care, Transfusion Medicine) $M (2021, 2022)
- Roche Diagnostic
- Table Roche Diagnostic Corporate Summary
- Table Roche Diagnostics Revenue by Product Group (Core Lab, Diabetes Care, Molecular, Pathology Lab, Point-of-Care), Full Year Results 2021, 2022, CHF MN
- Siemens Healthineers
- Table Siemens Healthineers Corporate Summary
- Table Siemens Diagnostics Revenue, FY 2021 and FY 2022, €MN
- Sysmex Corporation
- Table Sysmex Corporate Summary
- Table Sysmex Revenue by Product Segment (Clinical Chemistry, FCM, Hematology, Hemostasis, Immunochemistry, Urinalysis, Others), FY 2021, 2022 and 2023, JPY MN
- Thermo Fisher Scientific
- Table Thermo Fisher Scientific Corporate Summary
- Table Thermo Fisher Scientific COVID-19 Response Revenue, 2021 and 2022, by Quarter $B
- Selected Competitive Leader Updates
- New Opportunities
- Artificial Intelligence Future Trends
- At-Home Testing
- Multiplex Testing
- Telehealth
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