Contact Us Register

Increasing patient awareness and rising demand for high quality care have made it imperative for healthcare providers to develop targeted therapies through specific and sensitive diagnostic tests. Clinical diagnostic tests are used to diagnose a medical condition, provide information about the patient’s health, or monitor a course of disease and assess the patient’s response to treatments. Various techniques... View more

Increasing patient awareness and rising demand for high quality care have made it imperative for healthcare providers to develop targeted therapies through specific and sensitive diagnostic tests. Clinical diagnostic tests are used to diagnose a medical condition, provide information about the patient’s health, or monitor a course of disease and assess the patient’s response to treatments. Various techniques of clinical diagnostic testing include blood gas testing, clinical chemistry, immunoassay, coagulation testing, hematology, polymerase chain reaction (PCR), and staining method.

Typically, clinical diagnostic tests involve use of antibody-based techniques for recognizing proteins or disease markers. However, these immunoassays cannot identify all biomarkers in one test and are prone to false-positive and false-negative results. Therefore, there is growing demand for more accurate, efficient, and reliable technologies. This has led to development of alternative testing methods such as LC-MS and GC-MS. However, high initial capital investment and lack of skilled labor is deterring adoption of advance testing devices. Major instruments used in clinical diagnostics include immunoassay analyzer, HPLC system, chemical analyzer, mass spectrometer (MS), LC-MS, and GC-MS. The use of reagents has simplified the testing practice and workflow for personnel in diagnostic laboratories.

New Techniques in Use

Molecular diagnostics is driving growth of the personalized medicine market which involves co-development of drugs/devices and specialized diagnostic tests. The technique is also referred to as companion diagnostic and can be used for toxicity studies, dose selection, monitoring patient response, and patient stratification.

Rapid diagnostic tests are performed at the physician office laboratory (POL), hospitals, health centers and home care. Demand for these tests is increasing rapidly owing to faster and accurate results. Tests have been developed for HbA1c testing, drug abuse, pregnancy testing, micro albumin, creatinine, blood gases, RSV, etc.

Demand for In-vitro diagnostics (IVD) is increasing in emerging markets such as India, China, Brazil, and South Korea. In-vitro diagnostic techniques have transformed the diagnostics industry by eliminating the complex in-vivo testing methods. The IVD techniques include the advance PCR technique, assays and hematology testing, helps diagnose and monitor patient’s health condition using samples of blood, cells or tissues.

Immunoassay diagnostics is expected to be driven by technological advancements such as novel biomarkers, ultrasensitive detection system and assays.

Fragmented Market

The diagnostic landscape, especially in the emerging countries, is highly fragmented and marked by the strong presence of unorganized diagnostic labs. Global players are now building global networks by investing in foreign markets. Moreover, in terms of manufacturers, the market is fragmented in a similar manner with many small players dominating local markets. Owing to the increasing demand for home care, manufacturers and diagnostic laboratories need to work in collaboration to provide quality care at patient convenience.

Conclusion

Increasing healthcare costs is deterring patients from undergoing regular health tests that can be improved with a wider insurance coverage. Inadequate insurance coverage in emerging economies is restricting patients from undergoing expensive health tests, thus fueling the market growth. Moreover, centralization of testing laboratories is projected to drive demand for high volume instrumentation and automation equipment. Demand for IVD tests from Asia Pacific, Latin America and the Middle East markets is also increasing rapidly.View less

Clinical Diagnostic Published Insights

Coherent Market Insights Hiv Clinical Trials Market

Published Date : Dec 2024

Global HIV clinical trials market is estimated to be valued at USD 1.48 Bn in 2024 and is expected to reach USD 2.19 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.75% from 2024 to 2031. Global HIV clinical trials market growth is driven by rising nu... View more

Coherent Market Insights Endocrine Testing Market

Published Date : Nov 2024

Global endocrine testing product market is estimated to be valued at USD 13.69 Bn in 2024, exhibiting a CAGR of 9.2% during the forecast period (2024-2031). Endocrine testing product refers to in vitro diagnostics that are used to test the functionality of the endocri... View more

Coherent Market Insights Point Of Care Diagnostics Market

Published Date : Aug 2024

Point of care (POC) diagnostics refers to medical diagnostic testing performed outside a laboratory, near or at the site of patient care. Traditionally, most diagnostic tests were conducted in centralized laboratories. However, POC diagnostics helps deliver faster res... View more

Coherent Market Insights Molecular Diagnostics Market

Published Date : Aug 2024

Molecular diagnostics is an evolving field that involves the analysis of biological markers, or biomarkers, at the molecular level to test for diseases, predict risk or identify new therapeutic options. Molecular diagnostics has become a fundamental tool in modern hea... View more

Coherent Market Insights Cannabis Testing Market

Published Date : Aug 2024

Cannabis testing refers to the analytical testing of cannabis and cannabis-derived products, in order to ensure product quality and safety. It involves testing for cannabinoid profiles, pesticides, heavy metals, microbiological elements, and residual solvents. Strict ... View more

Coherent Market Insights Laboratory Supplies Market

Published Date : Aug 2024

Global laboratory supplies market growth is driven by rising demand for various test kits and consumables across food, agricultural, chemical and biomedical industries. Laboratory supplies include a variety of instruments, reagents, consumables and even small pieces o... View more

Coherent Market Insights Chemiluminescence Immunoassay Market

Published Date : Jul 2024

Chemiluminescence immunoassay is a biochemical test technique that is used for detecting and quantifying antigens, antibodies, and other proteins in a liquid sample. It combines the specificity of antigen-antibody reaction with a luminescent reaction to produce a phot... View more

Coherent Market Insights Global Central Lab Market

Published Date : Jul 2024

Central lab market refers to the setup and functioning of centralized laboratories that serve as a hub for conducting medical tests and research. These labs play a pivotal role in streamlining diagnostic workflows, improving quality control, and reducing turnaround ti... View more

Coherent Market Insights Preimplantation Genetic Diagnosis Market

Published Date : Jul 2024

Preimplantation genetic diagnosis (PGD) is an in-vitro fertilization procedure in which one or few cells are biopsied from an embryo before implantation and tested for genetic defects. PGD helps to identify genetic defects in embryos developed through IVF and assists ... View more

Coherent Market Insights Chromatography Market

Published Date : Jun 2024

Chromatography is an analytical technique that is used for separating chemical mixtures that relies on differences in polarity and size. Global chromatography market has witnessed significant growth in the past few years, owing to rising demand from industries such as... View more

Coherent Market Insights Us Post Acute Care Market

Published Date : Jun 2024

U.S. post-acute care market involves the provision of medical care after a patient is discharged from a hospital. It includes skilled nursing facilities, inpatient rehabilitation facilities, long-term acute care hospitals, and home health agencies. Post-acute care pla... View more

Coherent Market Insights Preeclampsia Diagnostics Market

Published Date : Jun 2024

Preeclampsia is a pregnancy complication characterized by high blood pressure and presence of protein in the urine after 20 weeks of gestation. It can be a dangerous condition for both mother and baby, if undetected. Early diagnosis is crucial to allow clinicians to c... View more

Coherent Market Insights Colorectal Cancer Screening Market

Published Date : May 2024

Global colorectal cancer screening market is estimated to be valued at USD 15.44 Bn in 2024, and is expected to exhibit a CAGR of 7.1% during the forecast period (2024-2031). Colorectal cancer (CRC) is one of the most commonly diagnosed cancers globally. It arises fro... View more

Coherent Market Insights Antimicrobial Susceptibility Testing Market

Published Date : May 2024

Global antimicrobial susceptibility testing market is estimated to be valued at USD 3.94 Bn in 2024, and is expected to exhibit a CAGR of 6.7% during the forecast period (2024-2031). The global antimicrobial susceptibility testing market is projected to witness signif... View more

Coherent Market Insights Metabolic Testing Market

Published Date : May 2024

Global metabolic testing market is estimated to be valued at USD 726.2 Mn in 2024, and is expected to exhibit a CAGR of 7.3% during the forecast period (2024-2031). Global metabolic testing market has been witnessing growth over the past few years, owing to rising pre... View more

Coherent Market Insights Diagnostic Imaging Services Market

Published Date : Apr 2024

The global diagnostic imaging services market is estimated to be valued at USD 533.99 Bn in 2024 and is expected to exhibit a CAGR of 5.7% during the forecast period (2024-2031). The diagnostic imaging services market refers to the market for medical procedures that a... View more

Coherent Market Insights Cancer Biomarkers Market

Published Date : Mar 2024

Global cancer biomarkers market is estimated to be valued at USD 25.60 Bn in 2024 and is expected to exhibit a CAGR of 12.7% during the forecast period (2024-2031). Cancer biomarkers are biological molecules found in blood, tissues... View more

Coherent Market Insights Hiv Diagnostics Market

Published Date : Mar 2024

Global HIV diagnostics test market is estimated to be valued at USD 4.44 BN in 2024 and is expected to exhibit a CAGR of 9.2% during the forecast period (2024-2031). The HIV diagnostics test market has seen significant growth over the past few decades and is expected ... View more

LogoCredibility and Certifications

Trusted Insights, Certified Excellence! Coherent Market Insights is a certified data advisory and business consulting firm recognized by global institutes.

Reliability and Reputation

860519526
Reliability and Reputation
ISO 9001:2015

9001:2015
ISO 27001:2022

27001:2022
Reliability and Reputation
Reliability and Reputation
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.