Wide range of applications
IVD products are indispensable in many medical areas - from hospital laboratories and medical laboratories in private practice to point-of-care analysis in doctors' surgeries and home use for millions of diabetes patients. All products help in the diagnosis and monitoring of diseases and play a key role in preventive healthcare. The pharmaceutical industry combines IVD technologies with personalized therapy approaches, such as those already used today for many tumor diseases.
Innovation for everyday life
IVD technologies are also of great importance in everyday life. Rapid home tests, such as pregnancy tests or rapid antigen tests for the common cold, are just a few examples of how IVD products are making healthcare more accessible. These technologies help to improve healthcare and at the same time promote patients' health literacy, empowering them to make informed decisions about their health.
Diverse corporate landscape
The IVD sector is characterized by a broad spread of company sizes. Small companies (up to 49 employees) and medium-sized companies (50 to 249 employees) dominate with a respective share of 40 percent, while 20 percent of companies are large companies (250 employees or more). Small and medium-sized enterprises (SMEs) form the backbone of the industry, but face the challenge that bureaucracy and increasingly demanding regulations can hamper their entrepreneurial initiative.
