PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

An Ageing Population Boosts Demand for IVD Testing Finds Frost & Sullivan - Market prospects being propelled by adoption of automation in laboratories -
An Ageing Population Boosts Demand for IVD Testing Finds Frost & Sullivan


NewswireToday - /newswire/ - London, United Kingdom, 2012/06/25 - Market prospects being propelled by adoption of automation in laboratories -

Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Western Europe's greying population, coupled with the growing shift towards laboratory automation, are spelling good news for the in vitro diagnostics (IVD) market.

New analysis from Frost & Sullivan (, Western European In Vitro Diagnostics (IVD) Market, finds that the market earned $13,110.3 million in 2011 and estimates this to reach $22,211.3 million in 2018 at a compound annual growth rate (CAGR) of 7.8 per cent from 2011-2018. The research covers key segments such as immunochemistry, microbiology, molecular diagnostics, point-of-care testing (POCT), self-monitoring of blood glucose (SMBG), tissue diagnostics, haematology and haemostasis.

"An increasingly ageing population and the rising prevalence of diseases are set to boost the number of routine health checks and disease diagnosis," notes Frost & Sullivan Senior Research Analyst K. Srinivas Sashidhar. "Improved awareness among this ageing demographic pool is also poised to enhance the demand for screening and diagnosis in the future."

The growing shift towards automation in laboratories is also boosting the prospects of the IVD market. Automation enables faster diagnostic results, shorter turnaround time and increased testing volumes. This driver is expected to have a very high impact in the long-term.

Another key trend has been industry consolidation as a result of high R&D and marketing costs. Market participants need to constantly improve their products and technology to stay competitive. This necessitates considerable R&D investments. As companies attempt to reinforce their finances and technical strengths, the outcome has been a greater number of partnerships and acquisitions.

"Such consolidation is resulting in fewer participants dominating the market, with smaller companies finding it more challenging to exist," comments Sashidhar. "This factor is expected to have a significantly high impact on the market during the forecast period."

Another trend set to impact market prospects is the shifting focus towards personalised medicine and customised solutions. Personalised medicine is on the verge of expansion throughout Western Europe, with efforts ongoing to optimally combine therapeutics with diagnostics.

"Diagnostic companies need to work with pharmaceutical companies to improve treatment solutions for patients," remarks Sashidhar. "The development of IVD products and solutions best suited to meet customer needs represents the way forward."

The IVD market is technology-driven. The escalating demand for IVD testing will require improved products and long-term, post-sales service. Market participants will need to develop solutions best suited to customer needs to remain competitive.

"Due to the high competition and rising costs of diagnostic products and services, improved sales and market strategies are required, along with long-term partnerships with companies," concludes Sashidhar.

If you are interested in more information on this study, please send an email with your full contact details to Janique Morvan, Corporate Communications, at janique.morvan[.]

Western European In Vitro Diagnostics (IVD) Market is part of the Clinical Diagnostics Growth Partnership Services programme, which also includes research in the following markets: European Molecular Diagnostics Market, Strategic Analysis of the European Stem Cell Research Tools Market and The Emerging European Molecular POC Testing Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Western European In Vitro Diagnostics (IVD) Market / M7C8-55

Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: Frost & Sullivan


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #

  Your Banner Ad showing on ALL
Pharma/BioTech/Nutrition articles,
CATCH Visitors via Your Competitors Announcements!

An Ageing Population Boosts Demand for IVD Testing Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Publisher Contact: Janique Morvan - 
+33(0)1 42 81 20 37 janique.morvan[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Pharma/BioTech/Nutrition via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From Frost & Sullivan / Company Profile

Read Pharma/BioTech/Nutrition Most Recent Related Newswires:

BD Expands Suite of Blood Culture Offerings with New BD BACTEC™ Standard Aerobic & Standard Anaerobic Plastic Bottles
Twist Bioscience Collaborates with Synbio Technologies to Supply Long DNA to Customers
FDA Grants Priority Review and Breakthrough Therapy Designation for Zelboraf (vemurafenib) in Erdheim-Chester Disease with BRAF V600 Mutation
Ipsen Receives Positive CHMP Opinion for Approval of Xermelo® (telotristat Ethyl)
BD Receives FDA 510(k) Clearance for New Immunological Diagnostic System
Positive Phase III Results for Genentech’s Emicizumab in Hemophilia A Published in The New England Journal of Medicine
Somatuline® Autogel® 120 Mg Receives Japanese Approval for A New Indication for the Treatment of Gastro-entero-pancreatic Neuroendocrine Tumors
OTC Topical Drugs Market Size will Grow Profitably in the Near Future 2017-2025 Finds PMR
Bioinformatics Market Size to Expand at 20.4% CAGR through 2020 Reports Persistence Market Research
Australia Nitric Acid Market Expected to Reach at Value of $1.3B by 2024 End Says PMR
Commodity Chemicals Market Projected to be Resilient by 2020 Says Persistence Market Research
Cell Expansion Market Set to Garner Staggering Revenues by 2025 Reports PMR
Soft Tissue Sarcoma Treatment Market Revenue Predicted To Go Up by 2025 Finds Persistence Market Research
Persistence Market Research Publishes Biopharmaceutical Membrane Filtration Market Forecast Over 2017-2025
Global Tablet Processing & Packaging Equipment Market to Reach USD 5,268.8 Million by 2022

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business


Visit  Intrinsic Executive Search Ltd


  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (