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Industry

AI-Enabled Technology to Help Global Molecular Imaging Market Reach USD 11.13 Billion by 2028

The global molecular imaging market was estimated at USD 6.84 billion in 2018 and is projected to grow at a CAGR of 5.03% during the forecast period 2019-2028 to reach USD 11.13 billion by 2028. More...
10 Sep 2019
Image: ARUP Laboratories and Techcyte have developed the world’s first AI-augmented ova and parasite detection tool (Photo courtesy of Techcyte).

Researchers Develop World’s First AI-Augmented Ova and Parasite Detection Tool

ARUP Laboratories, a national reference laboratory engaged in innovative laboratory research and development, and Techcyte, a developer of artificial intelligence (AI) based image analysis solutions for the diagnostics industry, have developed the world’s first AI-augmented ova and parasite detection tool. More...
29 Aug 2019

Global Immunoassay Market to Reach USD 19.76 Billion by 2025 with Increased Use in Oncology

The global immunoassay market is projected to grow at a CAGR of 5.9% from 2019 to reach USD 19.76 billion by 2025, driven by increasing incidences of chronic and infectious diseases, growing use of immunoassay in oncology, rise in drug and alcohol testing, and technological advancements in immunoassay. More...
29 Aug 2019

AI Paving the Way for New Generation of Medical Diagnostic Devices

The development of deep learning and neural networks has led to artificial intelligence (AI) gaining learning capabilities, as a result of which some new AI tools are now better than human eyes at recognizing patterns. More...
22 Aug 2019

Global Hematology Diagnostics Market to Reach USD 5.6 Billion by 2026

The global hematology diagnostics market is projected to grow at a CAGR of 5.0% from USD 3.50 billion in 2017 to USD 5.59 billion by 2026, driven by the growing occurrence of blood disorders and increased adoption of automated testing processes. More...
22 Aug 2019

Agilent Technologies Expands Portfolio with Acquisition of BioTek Instruments

Agilent Technologies Inc., a global leader in the life sciences, diagnostics and applied chemical markets, has signed a definitive agreement to acquire privately-owned BioTek Instruments, which designs, manufactures, and distributes innovative life science instrumentation. More...
17 Jul 2019
Image: The global molecular diagnostics market is currently being influenced by a strong supply chain network and favorable R&D strategies (Photo courtesy of Medgadget).

Global Molecular Diagnostics Market to Reach USD 13.87 Billion by 2025

The global molecular diagnostics market was valued at USD 8 billion in 2017 and is projected to grow at a CAGR of 7.1% during the period 2018 to 2025 to reach USD 13.87 billion by 2025. More...
06 Jul 2019
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LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.