European Ivd Market Report 2022
European Ivd Market Report 2022
IVD Market
Statistics
Report
2022
MEDTECH EUROPE – EUROPEAN IVD MARKET STATISTICS REPORT 2022
                                                                                                                                                                                                                                                             41,2%
EU27-member states plus the European Free Trade Association members (EFTA) –Switzerland,               25,000                                                                                                                                                        45%
Norway and Iceland, and Switzerland, as well as for the United Kingdom and Turkey.
                                                                                                                                                                                                                                                                     40%
                                                                                                                                                                                                                                                    20.670
In vitro diagnostics (IVDs) are an essential part of today’s healthcare. Results of in vitro
testing influence as many as 70% of clinical decisions, while IVDs account for just
1% of total healthcare expenditure in the EU-27, UK and EFTA. They play a vital role in                                                                                                                                                                              35%
                                                                                                       20,000
                                                                                                                                                                                                                                            29,1%
in the response to COVID-19. A critical element for combatting the COVID-19 pandemic is
to have suitable diagnostic tests available. Furthermore, IVDs are used to diagnose, monitor,                                                                                                                                                                        30%
screen and assess predispositions to diseases, thereby contributing to the available medical
                                                                                                                                                                                                                                   14.384
information regarding a patient. By allowing earlier and more targeted treatments, IVDs help                                                                                                                                                                         25%
to reduce hospital stays and convalescences, resulting in healthier populations, reduced costs,        15,000
and economic growth in the long run.
                                                                                                                                                                                                                                                                     20%
                                                                                                                                                                                                                   11.145
                                                                                                                                                                                                       11.102
                                                                                                                10.943
                                                                                                                                                                                           10.965
                                                                                                                                                                   10.736
                                                                                                                                                                               10.758
                                                                                                                            10.603
                                                                                                                                                       10.580
                                                                                                                                         10.549
Since 2013, the IVD market has been stagnant with slight growth. In 2020, however, due
to the COVID-19 pandemic and the high demands for SARS-Cov-2 testing, the IVD market                                                                                                                                                                                 15%
has experienced an increase of + 25,4%. In 2021, we witness an unprecedented record                    10,000
growth of 41.2%. Overall revenues across EU-27, UK and EFTA reached €20,670 million.                                                                                                                                                                                 10%
When looking beyond the COVID-19 related diagnostics and comparing to 2020, there have
been clear signs of recovery in most tests in the other IVD segments such as clinical chemistry,
                                                                                                                                                                                                1,9%
                                                                                                                                                                        1,5%
                                                                                                                                                                                                                                                                     5%
                                                                                                                                                                                                            1,2%
                                                                                                                     0,9%
0,3%
                                                                                                                                                                                                                            0,4%
                                                                                                                                                                                    0,2%
immunology, and haematology across the countries.
                                                                                                                                              -0,5%
                                                                                                        5,000
                                                                                                                                 -3,1%
                                                                                                                                                                                                                                                                     0%
The differences in total healthcare expenditure, both in relative terms to GDP and absolute
amounts, demonstrate the wide variation in access to healthcare across the thirty-one countries                                                                                                                                                                      -5%
in this report. Relative to GDP Germany is the leading country at 13.2%, followed by the UK,
Austria, Switzerland and Sweden. In absolute amounts the healthcare expenditure per capita                  0                                                                                                                                                        -10%
Switzerland is in first position, followed by Germany, Austria, Slovakia, Denmark, Norway and                   2011        2012         2013          2014        2015        2016        2017        2018        2019             2020            2021
Iceland. The IVD per capita expenditure also shows a wide variation from a low of €7.2 in
Bulgaria to €88.9 in Switzerland, which remains also the leading country.
                                                                                                                                                      Revenues (million €)                 Growth Rate
                                                                                                   1
MEDTECH EUROPE – EUROPEAN IVD MARKET STATISTICS REPORT 2022
                                                                 THE 2021                                                           IVD market      IVD       IVD mkt     The applied exchange rates are the 2021 annual average exchange rates
                      Population                  GDP / capita                     THE /      THE as %   IVD mkt.     IVD mkt.
                                     GDP 2021                     (or latest                                                          growth      market /     / capita   published by The European Central Bank. Applying a single exchange rate
                        2021                         2021                         capita        GDP        2021         2020
                                                                 availiable)                                                         rate 21-20   THE 2021       2021
          Countries                                                                                                                                                       to both 2021 and 2020 sales data eliminates possible fluctuations of market
                         1000          Mio €              €        Mio €              €          %            Mio €        Mio €        %               %           €
                                                                                                                                                                          size and market growth due to exchange variations. The impact of these
                                   Source: Eurostat                            Source: OECD                                    Source MedTech Europe
                                                                                                                                                                          fluctuations is shown in the table below. During the collection of 2021
Germany               83.155        3.601.750     43.290         457.232        5.499         12,7%      6.301        3.051         106,5%        1,4%       75,8
                                                                                                                                                                          year’s figures, the 2020 market size was re-estimated at the same time.
France1               67.657        2.500.870     36.660         307.785        4.549         11,2%      2.610        2.140         22,0%         0,8%       38,6
                                                                                                                                                                          That, together with the use of a single exchange rate, explains why some
Italy                 59.236        1.782.050     30.150         167.855        2.834         9,4%       2.071        1.780         16,3%         1,2%       35,0
                                                                                                                                                                          countries show different revenues compared to the figures presented in
Spain                 47.399        1.206.842     25.500         120.203        2.536         10,0%      1.727        1.514         14,1%         1,4%       36,4
                                                                                                                                                                          last year’s report for 2020. The growth rate between 2021 and 2020 has
Netherlands           17.475        856.356       48.840         96.498         5.522         10,4%      504          365           38,2%         0,5%       28,8
                                                                                                                                                                          been calculated using the re-estimated figures. The 2021 data regarding
Greece                10.679        181.675       17.010         15.720         1.472         8,7%       412          254           62,1%         2,6%       38,6
                                                                                                                                                                          population and GDP are the latest available from Eurostat. The figures
Portugal              10.298        214.471       20.840         23.686         2.300         11,0%      491          401           22,6%         2,1%       47,7
                                                                                                                                                                          regarding healthcare expenditure are the latest available from OECD.
Belgium               11.555        502.312       43.340         49.293         4.266         9,8%       428          372           14,8%         0,9%       37,0
Sweden                10.379        537.310       51.590         60.669         5.845         11,3%      253          239           5,7%          0,4%       24,4
Austria               8.933         406.149       45.370         49.024         5.488         12,1%      568          480           18,3%         1,2%       63,6
Denmark               5.840         336.719       57.520         36.411         6.235         10,8%      333          175           90,1%         0,9%       57,0
                                                                                                                                                                          IVD Market Size in EUR
Finland               5.534         251.367       45.360         22.685         4.099         9,0%       159          132           20,7%         0,7%       28,7
Ireland               5.006         426.283       84.940         28.361         5.665         6,7%       232          151           53,6%         0,8%       46,3
                                                                                                                                                                          (using actual exchange rates)
Luxembourg            635           72.295        112.780        3.683          5.802         5,1%       30           21            45,0%         0,8%       48,0
Poland                37.840        574.772       15.060         37.879         1.001         6,6%       493          442           11,6%         1,3%       13,0                                                                                                IVD
                                                                                                                                                                                                     2021       2020       IVD       IVD       IVD      IVD    market
Romania               19.202        240.154       12.560         13.496         703           5,6%       240          218           10,0%         1,8%       12,5
                                                                                                                                                                                                   Exchange   Exchange   market    market    market   market   growth
Czechia               10.702        238.238       22.270         20.526         1.918         8,6%       267          178           49,5%         1,3%       24,9           Country     Currency     Rate       Rate      2021      2020      2021     2020      rate
                                                                                                                                                                                                                                                                21-20
Hungary               9.731         153.759       15.840         9.766          1.004         6,4%       107          81            32,6%         1,1%       11,0
                                                                                                                                                                                                    Average    Average   Mio LC    Mio LC     Mio €    Mio €     %
Bulgaria              6.917         71.077        10.330         5.211          753           7,3%       50           35            41,1%         1,0%       7,2
                                                                                                                                                                           Poland       PLN        0,2191     0,2252     2.249     2.015     493      454      8,6%
Slovakia              5.460         98.523        18.110         6.686          1.225         6,8%       335          97            244,9%        5,0%       61,3
                                                                                                                                                                           Romania      RON        0,2032     0,2067     1.181     1.054     240      218      10,2%
Croatia               4.036         58.254        15.020         3.901          967           6,7%       83           67            25,0%         2,1%       20,7
Lithuania             2.796         56.179        20.000         4.349          1.555         7,7%       58           37            55,8%         1,3%       20,6          Czech Rep    CZK        0,03901    0,03783    6.837     4.574     267      173      54,1%
Latvia                1.893         33.696        17.890         2.168          1.145         6,4%       49           36            37,7%         2,3%       25,9          Hungary      HUF        0,00279    0,002849   38.392    29.106    107      83       29,2%
Slovenia              2.109         52.208        24.770         4.762          2.258         8,6%       100          62            60,8%         2,1%       47,3          EU27         EUR                                        N/A       17.963   12.379   45,1%
Estonia               1.330         31.445        22.580         2.289          1.721         7,3%       40           26            51,5%         1,7%       30,1
                                                                                                                                                                           UK           GBP        1,1622     1,1248     1.401     1.135     1.628    1.277    27,5%
Cyprus                896           24.019        26.680         1.750          1.953         7,3%       15           10            45,0%         0,9%       16,9
                                                                                                                                                                           TOTAL
Malta                 516           14.681        28.310         1.255          2.432         8,5%       8            6             45,0%         0,6%       15,5          (EU27,       EUR                                        N/A       20.670   14.350   44,0%
                                                                                                         17.963                     45,2%                                  EFTA,UK)
EU27                  447.207       14.523.453    912.610        1.553.143      80.747        10,5%                   12.370                      1,2%       40,2
Switzerland           8.670         676.775       77.750         77.187         8.903         11,4%      771          514           49,9%         1,0%       88,9          Turkey       TRL        0,09748    0,12623    7.307     5.094     712      643      10,8%
Norway                5.391         407.533       75.360         41.120         7.627         10,1%      290          168           72,7%         0,7%       53,8          TOTAL
                                                                                                                                                                           (EU27,
Iceland               369           21.653        58.130         2.079          5.638         9,6%       18           12            47,3%         0,9%       48,3                       EUR                                        N/A       21.383   14.993   42,6%
                                                                                                                                                                           EFTA, UK,
EFTA                  14.430        1.105.962     211.240        120.387        22.168        10,9%      1.079        694           55,4%         0,9%       74,7          Turkey)
UK2                   67.281        2.555.065     37.976         321.505        4.779         12,6%      1.628        1.319         23,4%         0,5%       24,2
TOTAL (EU27, EFTA,UK) 528.919       18.184.480    1.161.826      1.995.036      107.693       10,8%      20.670       14.384        43,7%         1,0%       39,1
                                                                                                                                                                          1) France data includes only the Central Laboratory IVD Market.
Turkey                83.614        689.547       8.247          22.719         272           3,3%       712          497           43,4%         3,1%       8,5
                                                                                                                                            2
  MEDTECH EUROPE – EUROPEAN IVD MARKET STATISTICS REPORT 2022
IVD Market Size 2021 (million EUR) IVD Market per Capita 2021 (EUR)
   Portugal               491
                                                                                                                             Ireland                                                         46,3
   Belgium               428
                                                                                                                               EU27                                                   39,9
                                                                                                                             France                                               38,6
    Greece               412
                                                                                                                             Greece                                               38,6
   Slovakia          335
                                                                                                                            Belgium                                             37,0
  Denmark            333
                                                                                                                               Spain                                            36,4
   Norway            290
                                                                                                                                Italy                                          35,0
   Czechia           267
                                                                                                                             Estonia                                    30,1
   Sweden           253
                                                                                                                         Netherlands                                   28,8
   Romania          240
                                                                                                                             Finland                                   28,7
    Ireland         232
                                                                                                                              Latvia                                 25,9
    Finland        159
                                                                                                                            Czechia                              24,9
   Hungary         107
                                                                                                                            Sweden                               24,4
   Slovenia        100
                                                                                                                                 UK                              24,2
    Croatia    83
                                                                                                                             Croatia                          20,7
  Lithuania    58
                                                                                                                           Lithuania                          20,6
   Bulgaria    50
                                                                                                                             Cyprus                  16,9
     Latvia    49                                                                                                             Malta              15,5
    Estonia    40                                                                                                            Poland            13,0
Luxembourg     30                                                                                                           Romania            12,5
    Iceland    18                                                                                                           Hungary           11,0
    Cyprus     15                                                                                                            Turkey      8,5
                                                                                                                                                                                                                                        100,00
                                                                                                                                                      20,00
40,00
60,00
                                                                                                                                                                                                                         80,00
                                     1,000
2,000
3,000
4,000
5,000
6,000
7,000
                                                                                                                     3
MEDTECH EUROPE – EUROPEAN IVD MARKET STATISTICS REPORT 2022
                                                                                                “The IVD Italian market, in 2021 recorded an increase of 16.3%. The growth, for
Country             Total Tests 2021                 Total Tests 2020   Growth rate 21-20
                                                                                                almost the totality, is to be attributed to the COVID-19 diagnostics. Looking at
                                                                                                the market data, excluding COVID-19 diagnostics and glucose tests, we record
                                    Source: ECDC; *Our World in Data                            an even higher growth of 19.4%. In addition to the increase in COVID-19 related
United Kingdom*     343.554.199                      48.972.436         602%                    turnover, this market growth is due to the the gradual reopening of all health
France              148.436.784                      33.651.450         341%                    services which allowed Laboratory Diagnostics to resume its normal activities
Austria             115.889.875                      3.747.074          2993%                   (hospital and territorial) after almost a year of total closure. In addition, in 2021,
Italy               114.406.110                      20.887.600         448%                    laboratory activities began to recover the enormous accumulation of health services
Greece              104.759.764                      3.432.711          2952%
                                                                                                not provided in the previous year. The latter will certainly further affect overall
Denmark             95.106.382                       10.576.739         799%
                                                                                                growth. The year 2020 is certainly not comparable with any other year. The serious
Turkey*             94.520.585                       24.464.277         286%
                                                                                                economic crisis due to the almost total closure of all activities, has in fact generated,
                                                                                                in 2021, a “rebound effect” that has led to the results achieved. If we compare
Germany             57.414.318                       36.088.129         59%
                                                                                                the results of 2021 to 2019 (pre-pandemic), the overall result (excluding COVID-19
Spain               46.894.218                       21.486.152         118%
                                                                                                diagnostics) would certainly be more truthful than the country system and in this
Czechia             41.832.831                       4.736.765          783%
                                                                                                specific case of Laboratory Diagnostics (+1.7%).“
Netherlands         29.968.706                       8.372.650          258%
Portugal            20.937.405                       5.724.026          266%
                                                                                                Confindustria Dispositivi Medici, Italian IVD industry association
Poland              20.019.974                       7.886.328          154%
Cyprus              16.727.060                       939.253            1681%
Romania             12.391.363                       1.940.112          539%
Slovenia            12.068.113                       755.813            1497%
Switzerland*        11.090.167                       3.288.431          237%
Slovakia            11.053.154                       1.256.833          779%
Sweden              10.737.369                       4.093.604          162%
Norway              10.052.849                       3.069.032          228%                       UNITED KINGDOM               IVD MARKET 1,628 mEUR                   +23.4%
Ireland             7.625.591                        2.472.349          208%
Belgium             6.324.519                        7.010.457          -10%                    “In the UK, dramatic reductions in non-Covid testing activity were evidenced in
Bulgaria            6.276.243                        1.093.797          474%                    2020 by reductions in revenue, such as -20% for Clinical Chemistry excluding
Finland             6.255.010                        2.512.145          149%                    Rapid Tests, this activity has recovered significantly in 2021 (+20%). Nucleic Acid
Croatia             5.194.645                        1.084.453          379%                    Testing and Immunoassay are strongly boosted by Coronavirus testing, as is Rapid
Lithuania           2.916.002                        1.577.134          85%                     Testing (mainly antigen tests for current infection). Coronavirus testing has grown
Hungary             2.798.321                        1.799.526          56%
                                                                                                from zero in 2019 to almost one quarter of the total UK IVD market in 2021,
Luxembourg          2.168.275                        1.656.550          31%
                                                                                                without counting non-participant company supply via government contracts, for
Estonia             1.881.816                        550.121            242%
                                                                                                which we have no reliable estimates. Core laboratory reagents, instruments &
                                                                                                consumables market revenues recovered a further £66m (+16%). Microbiology
Latvia              1.114.303                        475.460            134%
                                                                                                revenues decreased by £12m. The decrease was due mainly to a drop of -£11m
Malta               1.023.883                        527.375            94%
                                                                                                due to transport media, as PCR testing requirements stabilised.”
Iceland             944.683                          429.819            120%
Total               1.362.384.517                    266.558.601        411%
                                                                                                BIVDA, British IVD industry association
                                                                                            4
MEDTECH EUROPE – EUROPEAN IVD MARKET STATISTICS REPORT 2022
GERMANY IVD MARKET 6,301 mEUR +106.5% BELGIUM IVD MARKET 428 mEUR +14.8%
“For the second time in a row, the German IVD market has reached record volumes. The                     “The IVD market in Belgium reached 428 million EUR with a growth of 14.8%
background is the ongoing COVID-19 pandemic. Comprehensive testing is a central                          compared to 2020. In 2021, the expenses in the hospitals and ambulant setting have
component of the German government’s health policy strategy to combat the pandemic and                   increased vs. 2020 (in 2020 Covid had a major impact) with more hospitalisations and
protect vulnerable groups from infection. In this respect, the German IVD market has become              consultations, therefore more IVD tests were done.”
to a large extent a political market in 2021.
                                                                                                         beMedTech, Belgian IVD industry association.
The IVD market in 2021 is estimated to have a total volume of 6.3 billion euros. Of this, 4.1
billion euros (65 %) will be accounted for by Coronavirus testing and 2.2 billion euros (35 %)
by other diagnostics.
The market volume doubled compared to 2020 (+106.5 %). While growth for all Coronavirus
testing was extremely dynamic (+367 %), other diagnostics developed flat (+1.2 %). The
biggest growth driver in 2021 was Coronavirus rapid testing. With a volume of €3.67 billion,
                                                                                                                 PORTUGAL               IVD MARKET 491 mEUR                     +22.6%
this market segment alone is significantly larger than the entire pre-pandemic IVD market. As
a result of the slowdown in infections, declining trends for 2022 are already clearly discernible.
                                                                                                         “COVID-19 had a big impact on the IVD market, according to our estimation the Sars-
In non-Covid diagnostics, the area of clinical chemistry has recovered. The same applies to
                                                                                                         CoV-2 reagents represented around 45% of the total IVD sales in Portugal in 2021. In
haematology/histology/ cytology. Microbiology, on the other hand, recorded market declines
                                                                                                         2020, the country focus was on the COVID-19 pandemic, and we had a decrease on
for the second time in a row. The development of blood glucose self-testing is also dampening.
                                                                                                         the routine testing with around -8%. In 2021, mainly during the second half of the
This market lost 7.2 per cent compared to the previous year, but the decline in sales has slowed
                                                                                                         year, the routine lab testing recovered, and the patients had the possibility to start
down. The shift to sensor-based measurement systems continues to play a decisive role here.”
                                                                                                         again visits to the health institutions. The focus of care was not only COVID-19 and due
                                                                                                         to this fact, the turnover for the other IVD segments was aligned with 2019 figures.”
VDGH, German IVD industry association
                                                                                                         APIFARMA, Portuguese IVD industry association
                                                                                                     5
MEDTECH EUROPE – EUROPEAN IVD MARKET STATISTICS REPORT 2022
SPAIN IVD MARKET 1,727 mEUR +14.1% GREECE IVD MARKET 412 mEUR +62.1%
“In 2021, the Spanish market is still under the strong influence of COVID-19 and the related          “After a substantial decrease in GDP in 2020 due to the COVID-19 pandemic (-9.0 %
tests. Development of biomarkers and molecular test (not only PCR) for other parameters               based on latest data), in 2021 Greece is again on a growth trajectory, with a +8.3%
has also been observed. The centralisation trend for public and private labs remains high             increase in GDP year-on-year. In 2021, the total IVD Market grew by 62.1% compared
but there is not a lot of room for further centralisation. Furthermore, big tenders covering          to 2019, mainly driven by SARS-CoV-2 revenues of 180M Euro compared to 50M Euro
whole region and centralised per provinces and with very long execution periods superior to           in 2020. The Greek IVD Market, excluding coronavirus testing, grew by 13.7%, driven
six years has been registered. Declining or stagnating point of care testing is seen due to the       by growth across all the traditional IVD categories - clinical chemistry, haematology,
lack of reimbursement except for diabetes testing. In certain cases, type 2 insulin dependent         immunology excluding coronavirus testing. “
patients could be candidates for continuous glucose monitoring. We witness that robotisation
is reaching not only the very big labs but also many medium size ones.                                SEIV, Greek IVD industry association.
IVDs are now recognized as a key player in medicine both for public and politicians. There has
been major investment in human resources and instrumentation in most laboratories but there
is uncertainty regarding the future of IVD market once the pandemic is now under control.
The best perception of added value is of microbiology and anatomic pathology departments
contribution.”
                                                                                                           CZECH REPUBLIC           IVD MARKET 267 mEUR                  +49.5%
FENIN, Spanish IVD industry association
                                                                                                      “The market growth observed in 2021 in the Czech Republic has been driven by
                                                                                                      infectious disease testing +39.8%, due to the COVID-19 pandemic, as well as related
                                                                                                      increased revenues in services +15,6% and instruments +2.4% compared to 2020.
                                                                                                      Furthermore, market recovery is shown also in in microbiology 14%, clinical chemistry
                                                                                                      6.3%, and haematology 8.1% segments.”
“The market dynamic, in 2021, was again determined mostly by SARS-CoV-2 Testing (PCR
and Antigen testing) due to the very extensive testing strategy by the government. Many
                                                                                                            SWITZERLAND             IVD MARKET 771 mEUR                  +49.9%
companies, not participating to the market statistics programmes entered the market. Thus,
making it difficult to estimate the total COVID-19 related market. The classical laboratory
                                                                                                      “After a negative growth (-3.7%) of the IVD market excluding SARS-COV-2 testing in
market recovered and went basically back to the pre-pandemic level with a small increase. “
                                                                                                      2020 vs 2019, we observed a recovery in 2021 with a growth of 6.5%. All Coronavirus
                                                                                                      testing experienced strong expected growth of almost 50% vs. 2020.”
AUSTROMED, Austrian IVD industry association
                                                                                                      SVDI, Swiss IVD industry Association.
                                                                                                  6
MEDTECH EUROPE – EUROPEAN IVD MARKET STATISTICS REPORT 2022
• The National Association Members of MedTech Europe and the MedTech Europe’s Market
  Research Committee have estimated the IVD market in 18 other countries not participating in            About MedTech Europe
  the GDMS programme: Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, Greece, Hungary,
  Iceland, Ireland, Latvia, Lithuania, Malta, Norway, Romania, Slovenia, Sweden, and Turkey.             MedTech Europe is the European trade association for the medical technology industry
                                                                                                         including diagnostics, medical devices and digital health. Our members are national, European
The figures per country are compiled from the Global Diagnostic Market Statistics (GDMS)                 and multinational companies as well as a network of national medical technology associations
programme, through which companies report invoiced sales of reagents, instruments and                    who research, develop, manufacture, distribute and supply health-related technologies,
consumables to an independent auditor, CIP, as based on the Global IVD Classification (GIVD).            services and solutions. MedTech Europe’s mission is to make innovative medical technology
This is done in association with the MedTech Europe’s Market Research Committee and the                  available to more people, while helping healthcare systems move towards a sustainable path.
National Association Members. Although most of the molecular tests for Coronavirus have                  MedTech Europe encourages policies that help the medical technology industry meet Europe’s
been captured in the programmes as they are supplied by participating companies, there are               growing healthcare needs and expectations. It also promotes medical technology’s value for
revenues on Rapid Tests purchased directly through national government arrangements from                 Europe focusing on innovation and stakeholder relations, using economic research and data,
non-participant companies which might not be all captured in this report.                                communications, industry events and training sessions.
More than 85% of the market is covered in major countries by GDMS, ensuring the reliability
and objectiveness of the information provided by MedTech Europe and its members. MedTech                 The European in vitro diagnostic industry is driven by research and development. Almost 95%
Europe encourages all IVD suppliers and countries to participate in the GDMS programme, which            of the industry is comprised of small and medium size enterprises and approximately 1 billion
is the largest In vitro diagnostic audit in Europe and the most accurate source of information for       euros per year is reinvested in R&D. Developed by MedTech Europe, the Global Diagnostic
understanding and predicting market trends.                                                              Market Statistics (GDMS) and Management Information System (MIS) programmes provide
                                                                                                         a comprehensive overview of the latest market trends based on the Global IVD Product
                                                                                                         Classification (GIVD).