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Industry

Image: Analyticon Coagulyzer 100 (Photo courtesy of Analyticon)

Global Hematology Diagnostic Devices and Equipment Market to Reach USD 2.35 Billion by 2022

 The global hematology diagnostic devices and equipment market was valued at about USD 1.9 billion in 2018 and is projected to grow to at a CAGR of 5.5% to USD 2.35 billion in 2022. The market growth is driven mainly by an increase in the use of hematology diagnostic devices due to the rising prevalence of blood disorders which affect millions of people each year across the world, irrespective of age, race, and sex. More...
03 Jan 2020
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AI-based Software Analyzes Cancer Cells from Digitized Pathology Slides to Improve Diagnoses

 Researchers from UT Southwestern (Dallas, TX, USA) have developed a software tool that uses artificial intelligence (AI) to recognize cancer cells from digital pathology images, allowing clinicians to predict patient outcomes. More...
31 Dec 2019
Image: Global Lateral Flow Immunoassay based Rapid Test Market is expected to reach $8,494 million by 2026 (Photo courtesy of Allied Market Research)

Global Lateral Flow Immunoassay Based Rapid Test Market to Reach USD 8.49 Billion by 2026

 The global lateral flow immunoassay (LFIA) based rapid test market was estimated to be worth USD 4.72 billion in 2018 and is expected to grow at a CAGR of 7.6% from 2019 to 2026 to reach USD 8.49 billion by 2026. The market growth will be driven by the benefits of LFIA-based rapid tests over laboratory testing, increasing initiatives by government and non-profit organizations for improving health awareness, and rising healthcare expenditure globally. On the other hand, the market growth will be hampered to some extent by inadequate reimbursement policies for LFIA-based rapid test diagnostics. Nevertheless, the growth prospects in the emerging markets and a surge in various chronic and infectious diseases across the world are expected to create significant opportunities for the key players in the industry. More...
24 Dec 2019
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Mast Group Launches MAST ISOPLEX CRE-Art Kit for Rapid Molecular Detection of Carbapenemase Producing Organisms

 Mast Group Ltd. (Liverpool, UK) announced the expansion of its molecular product portfolio with the launch of the new MAST ISOPLEX CRE-ART kit for the rapid molecular detection of carbapenemase producing organisms (CPOs). More...
23 Dec 2019
Image: The Bench Top segment is the biggest driver to the global blood gas and electrolyte analyzers market (Photo courtesy of Market Research Business).

Global Blood Gas and Electrolyte Analyzers Market to Surpass USD 2.1 Billion by 2025

The global blood gas and electrolyte analyzers market is projected to grow at a CAGR of 6.5% during the forecast period, 2018-2025 to reach a value of over USD 2.1 billion by 2025, driven mainly by the Bench Top segment which is anticipated to bring in healthy gains and add significant momentum to the market growth. The Bench Top segment is projected to grow at a CAGR of over 6.4% during the forecast period. More...
06 Nov 2019
Image: In 2019, lab-on-a-chip/microfluidic diagnostics is expected to grow at the fastest CAGR, owing to its capability for scaling down whole lab processes on a single chip and expediting the process of disease diagnosis with highly precise quantitative results (Photo courtesy of Fotolia).

Global Microfluidic Immunoassay Market to Reach USD 2 Billion by 2025

The global microfluidic immunoassay market is expected to grow at a CAGR of 12.7% from 2019 to USD 2.0 billion by 2025, driven by greater benefits offered by Lab-on-chip (LOC) over conventional quantifiable technologies, the growing need for point-of-care (POC) in low-resource settings, and increasing research activities in the field of microfluidic technology. More...
01 Oct 2019

Global POC Testing Market to Reach USD 30 Billion by 2022

The global Point-of-Care (POC) testing market is projected to reach USD 30 billion by 2022, driven by the immense potential of POC tests to improve global health and eventually reduce public and national spending on health. More...
18 Sep 2019
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