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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

Baxter Acquires Cheetah Medical to Expand Specialized Patient Portfolio

Baxter International Inc., a global medical products company, has acquired Cheetah Medical, a provider of non-invasive hemodynamic monitoring technologies. More...
18 Sep 2019

ERBA Mannheim Opens New Subsidiary in Brazil

ERBA Mannheim has expanded its global footprint by opening a new subsidiary in Brazil. More...
12 Sep 2019

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
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LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.
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