Features Partner Sites Information LinkXpress hp
Sign In
Advertise with Us

Download Mobile App




Events

02 Jun 2026 - 04 Jun 2026
17 Jun 2026 - 19 Jun 2026

$29 Billion In Vitro Diagnostics Market Seen for 2007

By HospiMedica staff writers
Posted on 13 Feb 2002
The in vitro diagnostics (IVD) market generated revenues of nearly US$20 billion in 2000 and is projected to surge to more than $29 billion by 2007, according to a new analysis from Frost & Sullivan entitled "World In Vitro Diagnostic Technologies Markets.”

In vitro diagnostics offer early, accurate diagnosis of diseases, but a lack of comprehensive laboratory automation has slowed the evolution of absolute efficiency, according to Frost and Sullivan's analysis. More...
While automation has made important progress in recent years, there is a strong, often-overlooked need for automation in laboratory specimen processing, prioritizing, and preparation. The workload in this part of the IVD system is often erratic, making it a difficult section to automate. As a result, operations may slow down and experience delays that interrupt the smooth flow necessary for overall efficiency. Eventually, this results in a bottleneck within the processing section, and this constriction may cause inefficiency within other parts of the IVD procedures.

"In order to improve laboratory efficiency, efforts should be made to develop at least a partially automated system for the processing section,” said Frost & Sullivan analyst Kelly Westfall. "Until a reliable system can be integrated in processing, facilities will not fully realize how effectively their current automated workstations are operating.”




Related Links:
Frost & Sullivan

Gold Member
SARS‑CoV‑2/Flu A/Flu B/RSV Sample-To-Answer Test
SARS‑CoV‑2/Flu A/Flu B/RSV Cartridge (CE-IVD)
Gold Member
Neonatal Heel Incision Device
Tenderfoot
Creatinine/eGFR Meter
StatSensor® Creatinine/eGFR Meter
New
Immobilization System
Cranial 4Pi Immobilization
Read the full article by registering today, it's FREE! It's Free!
Register now for FREE to HospiMedica.com and get access to news and events that shape the world of Hospital Medicine.
  • Free digital version edition of HospiMedica International sent by email on regular basis
  • Free print version of HospiMedica International magazine (available only outside USA and Canada).
  • Free and unlimited access to back issues of HospiMedica International in digital format
  • Free HospiMedica International Newsletter sent every week containing the latest news
  • Free breaking news sent via email
  • Free access to Events Calendar
  • Free access to LinkXpress new product services
  • REGISTRATION IS FREE AND EASY!
Click here to Register








Channels

Critical Care

view channel
Image: Reusable catheter patients used 35 percent fewer antibiotics compared to their single-use only counterparts. (Photo courtesy of the University of Southampton)

Reusable Intermittent Catheters Reduce Antibiotic Use Without Increasing Urinary Tract Infections

Intermittent self-catheterization, used to empty the bladder several times a day, can leave patients vulnerable to recurrent urinary tract infections and repeated antibiotic use. Reliance on single-use... Read more

Surgical Techniques

view channel
Image: Avvio Medical\'s technology combines microbubble-enhanced acoustic cavitation with smart catheter navigation to precisely target and break down ureteral stones, all without the need for routine stenting or general anesthesia (Photo courtesy of Avvio Medical)

Anesthesia-Sparing System Targets Faster Ureteral Stone Treatment

Ureteral stone care is often delayed by operating room scheduling constraints and growing wait times, leaving a gap between diagnosis and treatment. With no fundamentally new therapeutic approach introduced... Read more
Copyright © 2000-2026 Globetech Media. All rights reserved.