Crimson Audit & Review

Content Audit, Review & Consulting for Medical Device Makers

Growth in IVD Markets Expected to be OUS

Posted by crimsonlanguage on 2013/03/28

Not surprisingly, industry analysts at Frost & Sullivan expects growth in the IVD market to be largely concentrated OUS. Growth for IVDs through 2017 is projected at:

Latin America: 8.8%

APAC: 11.5%

Eastern EU: 9.8%

Western EU: 7.8%

US: 5.6%

Smaller players are expected to have a more difficult time due to industry consolidation, with the exception of companies that enter the market with disruptive technology.

You can view the recorded webinar (along with other good device-related briefings) here:

http://www.frost.com/prod/servlet/svc-grp-further-info.pag?mode=open&sid=94934326

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