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News & numbers European IVD market


In vitro diagnostics have played a vital role during the pandemic. Sending samples off for laboratory qPCR and using rapid testing kits have been two defi ning experiences of the past couple of years. Naturally, the pandemic has been a catalyst for growth within the IVD market, and a recent report from MedTech Europe sheds light on just how much of a difference it made on the continent between the start and 2021.


The European IVD Market


25,000 20,000 15,000 10,000 5,000 0


41.2% 20,670 29.1% 14,384 10,943 10,603 10,549 10,580 10,736 10,758 10,965 11,102 11,145 0.9% -3.1% -0.5% 0.3% 1.5% 0.2% 1.9% 1.2% 0.4%


45% 40% 35% 30% 25% 20% 15% 10% 5% 0% -5% -10%


2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Revenues (million €)


Growth rate The 10 biggest countries in the IVD market 2021 (million €)


Germany France Italy Spain UK


Switzerland Turkey Austria


Netherlands Poland


771 712


568 504 493


Source: MedTech Europe European IVD Market Statistics Report, 2022 6,301 2,610 2,071


1,727 1,628


411% €9.5bn 70%


2021


The percentage rise in the number of Covid-19 tests reported as a whole in Europe between 2020 and 2021.


The growth of the European IVD market between 2019 and 2021, a rate of 43%.


The percentage of clinical decisions infl uenced by results from IVD


testing, but which account for only 1% of total healthcare expenditure in the EU-27, UK and EFTA.


Medical Device Developments / www.nsmedicaldevices.com


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