EU IVD (in vitro diagnostic) market growth slows:
This article was originally published in Clinica
Executive Summary
An analysis of the IVD markets of 14 European countries by the European Diagnostic Manufacturers Association in its just-released market statistics for 2003 shows an overall growth rate of 5.6%, although this varies enormously between countries and categories, with some sectors experiencing a decrease in sales. The statistics, which will be reviewed in more detail in next week's Clinica, are based on data supplied by Germany, Italy, France, Spain, the UK, Belgium, Switzerland, the Netherlands, Portugal, Austria, Greece, Poland, Romania and Finland. They show that the average growth rate for 2002-03 is less than that of the previous year, which was estimated to be around 6%.