INTRODUCTION
MEDICAL DIAGNOSTIC REAGENTS, CHEMICALS, AND OTHER CONSUMABLES
Clinical and research laboratories, health-care providers, and
manufacturers of single-use medical diagnostic kits (MDKs) in the United States consume $6.8 billion per year of in-vitro reagents, chemicals, and
other consumables in order to evaluate individuals' overall health and diagnose, treat, and monitor disease. This study focuses on the resulting
market for:
- Reagents and other active substances that are used to interact with sample substances to produce a reaction that can be measured and/or seen.
- Nonactive ingredients that are added to or used in conjunction with the reagents to enhance their manufacturability, performance, and/or
preservation (e.g., surfactants, polymers, functional materials, biocides, and preservatives).
- Consumable or single-use devices and containers, such as vials, cards, slides, films, filters, membranes, and trays-integrals parts of the tests
carried out using the reagents.
The study does not cover:
- Reagents and other substances used in in-vivo testing.
- Laboratory or analytical devices, such as centrifuges and spectrometers.
- Reusable laboratory ware, such as glass beakers and test tubes.
- Packaging materials.
STUDY BACKGROUND
In recent years, there have been dramatic changes in the diagnostic market. The range of conditions that
can be tested for has greatly expanded as well as the variety of analytical techniques employed. Other major trends in the diagnostic industry have
been the rapid growth of the at-home testing market (including both greater use of established types of tests and the addition of new tests, such as
cholesterol measurements) at the expense of the laboratory testing market, and the expansion of the medical research market segment. An additional
trend that has influenced the diagnostic market has been the development of inexpensive, automated testing devices known as point-of-care (POC)
instruments, which have replaced single-use diagnostic kits in smaller laboratories and physicians' offices. Recognizing the changes that have
occurred in the diagnostic market, Business Communications Co. (BCC) published an in-depth analysis of the medical diagnostic kit (MDK) industry and
market in 2002, C-045X, Medical Diagnostic Kits.
STUDY GOALS AND OBJECTIVES
This study is intended to complement C-045X, Medical
Diagnostic Kits by analyzing the implications of the changing medical diagnostic market for diagnostic reagents, chemicals, and other consumables in
MDKs, as well as in traditional laboratory, clinic, and physicians' office settings. It analyzes U.S. and global markets for these products in the
light of the most recent available information. In addition to looking at current and future markets for reagents, chemicals, and other consumables,
the study analyzes technological, economic, and regulatory developments that may have a long-term impact on the size and structure of the market
This
report provides an analysis of the market for diagnostic reagents, chemicals, and other consumables by application (e.g., infectious diseases,
cancer), product type (e.g., type of reagent) and target market (e.g., consumer market or research laboratories). Future market trends are analyzed
with consumption forecasts for specific market segments.
More specific objectives are to:
- Identify and segment the main types of reagents, chemicals, and other consumables that have been commercialized to date.
- Analyze the historical and current value of shipments of each of these product segments in specified applications and end-user markets.
- Identify and evaluate the impact of demographic, technological, regulatory, and other factors that will drive future demand in each of these
segments.
- Forecast the value of future shipments in each segment.
- Identify promising new diagnostic technologies and products still in the development and testing stage, and assess the probability that they
will be commercialized successfully in the next 5 years.
- Identify leading suppliers of reagents, chemicals, and other consumables, and analyze industry structure (e.g., market shares, concentration,
recent M&A activity).
- Assess the long-term outlook for diagnostic reagents, chemicals, and other consumables, taking into account market opportunities as well as
technological, financial, and economic factors.
INTENDED AUDIENCE
The report has been written for the entire medical and health-care interest community, but is tailored
especially for readers with an interest in the marketing and management dimensions of reagents, chemicals, and other consumables used in diagnostic
testing procedures, such as:
- manufacturers and distributors of pharmaceuticals and biochemicals
- manufacturers and distributors of disposable and single-use laboratoryware
- investors
- the financial and analyst community
SCOPE AND FORMAT
This report is an analytical business tool whose primary purpose is to describe and analyze the dynamics
of the market for in-vitro diagnostic reagents, other chemical components, and other consumables used in performing diagnostic tests, such as device
carriers. It does not include:
- laboratory and analytical devices and equipment
- multiple-use diagnostic devices and equipment, such as laboratory devices and reusable glassware
- shipping containers, packaging, or instructional materials
The study includes reagents, chemicals, carriers, and other consumables sold at arm's length, as well as components produced by integrated
manufacturers for incorporation into diagnostic kits and systems. In such cases, the market reflects only the estimated value of the chemicals and
other components, and not the additional value added by producing and selling the kit or system.
The study focuses primarily on the U.S. market,
with a section discussing international markets for diagnostic chemicals and other consumables on a more general level of detail. Other sections of
the report cover the following topics:
- major product types and applications, both commercial and developmental
- U.S. market size and segmentation, including historical data on sales by application, product type, and end-user group
- market drivers and constraints
- detailed U.S. market projections through 2008
- industry structure, competition, and market shares
- factors that may influence the long-term market for diagnostic reagents, chemicals, and consumables
METHODOLOGY AND INFORMATION SOURCES
The findings and conclusions of this report are based on information gathered from
manufacturers and distributors of diagnostic reagents, chemicals, and other consumables, as well as manufacturers of related devices (e.g., medical
diagnostic kits), laboratories, and other end users. Interview data were combined with information gathered through an extensive review of secondary
sources, such as trade publications, trade associations, company literature, and online databases to produce the baseline market estimates contained
in this report.
The base year for analyses and projections is 2002. At the time this report was prepared, year-end data for 2002 were not yet
universally available. Where necessary, market estimates for 2002 were developed using interim (partial) data for 2002 combined with historical data
for the years 1999 to 2001.
With 2002 as a baseline, market projections were developed for 2003 to 2008. These projections are based on a consensus
among the primary contacts combined with our understanding of the key market drivers and their impact from a historical and analytical perspective.
The analytical methodologies used to generate the market estimates are described in detail in Detailed Market Projections. All dollar projections
presented in this report are in 2002 constant dollars.
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