Frost & Sullivan Report Identifies Molecular Diagnostics as Fastest-Growing Sector of Clinical Pathology Laboratory Testing

Annual growth rates of 11% or more is predicted for molecular diagnostics in coming years Just as consolidation and acquisitions reshaped the in vitro diagnostics (IVD) manufacturing industry and concentrated market share among just a handful of multi-billion dollar IVD giants, a similar consolidation can be seen in the molecular diagnostics sector. Today it is estimated that just nine global companies control 75% of the molecular diagnostics market. That market concentration means clinical...

Clinical Chemists and Medical Laboratory Professionals Gather at AACC’s Annual Meeting in Atlanta

Lots of products involving molecular diagnostics and genetic testing were on display at the exhibition DATELINE: Atlanta, Georgia—Yesterday was the close of the 2011 annual meeting of the American Association of Clinical Chemistry (AACC). Organizers played host to what—pre-event—they announced was a record-breaking number of exhibit booths sold to vendors at the exhibition. Despite a rather quiet economy, there was plenty of traffic and much interest in products on display in the clinical...

Fully Automated Molecular Diagnostic Solutions Find a Home in Hospital Laboratories

New Load-and-Walk-Away Systems Promise Rapid Turnaround Times and Multi-Target Testing Laboratory Automation is one important reason why more community hospital laboratories and local pathology groups can now perform a growing menu of molecular diagnostic tests. Rapid innovations in automation technology now make it possible for even low-volume medical laboratories to perform molecular testing using highly-automated “load and walk away” molecular analyzers. Pathologists and clinical laboratory...

New Rapid Molecular Pathology Test for Tuberculosis Wins Favor with World Health Organization

Medical Laboratory Test Offers Improved Accuracy and Faster Time-To-Answer It’s big news when an international health body endorses a new proprietary clinical laboratory test. That’s why pathologists will be interested to learn that, earlier this month, the World Health Organization (WHO) publicly recommended that nations incorporate a new rapid molecular test for tuberculosis into their disease testing programs. The clinical laboratory test that the World Health Organization endorsed is the...
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