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Facts and Figures

We hope you find the infographic below a useful depiction of the IVD Industry in numbers!

 

References

  1. Approximately 70% of clinical decisions are based on IVD tests (Office for Life Sciences and UK Trade and Investment – In Vitro Diagnostics).
  2. In vitro diagnostics is the largest category in the global medical technology market with annual sales of £41bn in 2017 (EvaluateMedTech®, World Preview 2018, Outlook to 2024)
  3. 2 million units of donated blood are screened for infectious disease using diagnostic tests to enable safe transfusion into patients (NHS Blood and Transplant/Public Health England Epidemiology Unit Annual Review 2017)
  4. The UK is the fifth largest IVD market in Europe (MedTech Europe, European IVD Market Statistics Report 2017)
  5. The UK spends only £12 per capita on IVD products, approximately half that of Germany and two thirds that of France (MedTech Europe, European IVD Market Statistics Report 2017)
  6. The UK IVD sector was worth around £820 million in 2017 (MedTech Europe, European IVD Market Statistics Report 2017)
  7. There will be a 10% per annum increase in demand for blood and tissue tests over the next ten years due to an ageing population and rising incidence of chronic disease (Working Differently to Provide Early Diagnosis – Improving Access to Diagnostics, Deloitte 2013)
  8. 900 million tests are carried out each year in the UK (Royal College of Pathologists, Pathology Facts and Figures).
  9. The UK is a net exporter of IVD products, with £1.1 billion exported in 2013 (Medical Technology an industry Study for the Office for Life Sciences – Monitor Deloitte, 2015).