The United States IVD market overall

  • The United States IVD Market was $12 Billion in 2002
  • IVD Market is expected to grow to $16 Billion in 2007
  • The top use of In Vitro Diagnostics is diabetes testing
  • Cancer testing ranks as having the fastest sales growth
  • Nucleic Acid Products have one of the fastest growth opportunities

Our Regional Strengths in In Vitro Diagnostics

  • According to a 2001 Batelle report, the Southwestern Pennsylvania Region has a highly developed infrastructure for diagnostics.
  • Medical labs are the 3rd largest life sciences sub-sector in our region.
  • Labs comprise 18+% of non-hospital workers within the life sciences sector.
  • According to a 2004 American Association of Medical Colleges report, Pennsylvania is #2 in Academic Medical Center Activity, with $26 Billion in 2002.

In Vitro Diagnostics

“In Vitro” is literally translated as “in glass”. In vitro diagnostics are clinical lab tests conducted on patients to more effectively:

  • Diagnose, stage, stratify and treat illness
  • Manage chronic illnesses
  • Select the most appropriate treatment

Some of the recent major advances in In Vitro Diagnostics include:

  • Genetic testing
  • Cell surface markers for cancers
  • Pharmacogenomics (How cells respond to drugs)
  • Molecular-level tests

Our client member companies are innovators in these and many other aspects of In Vitro Diagnostics.

4514 Plummer Street, Pittsburgh, PA 15201 | phone 412.561.6250 | fax 412.802.0779 | Contact-IVD Center