Testing times: opportunities for IVD companies in 2023

Growth opportunities from covid-19 have helped fuel rapid expansion for both established and emerging IVD companies. With some companies doubling their revenues during the pandemic years.

In 2022 however, according to data from Clearstate’s IVD Gateway, the growth rate in many markets has slowed compared to 2021—and will continue to slow into 2023—indicating the difficulty in sustaining growth.

As global demand for covid-19 testing cools further in 2023, how can IVD companies continue to thrive? This report identifies core areas of growth in global markets—particularly emerging markets in Asia Pacific, Latin America and the Middle East where there are promising opportunities for IVD companies to expand.

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IVD Gateway

The go-to source for tracking and understanding market size, share and trends in IVD. Granular break-out of data and comprehensive coverage of international and domestic suppliers’ brand share across Asia, Europe, Latin America and the Middle East.

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