Case Study: International IVD Device Manufacturing Company gains clear insight into the Canadian molecular IVD market with GlobalData

International IVD Device Manufacturing Company - Customer Case Study

An international IVD device manufacturing company needed to better understand the Canadian molecular IVD market to guide its mergers and acquisitions strategy. To assess the market opportunity, the client required detailed insights into competitor market share for capital equipment and reagents across various test types. They engaged GlobalData for its research and analysis services.

GlobalData conducted a comprehensive assessment by gathering qualitative data through surveys and interviews with laboratory managers, supplemented by secondary research. They built a detailed market model to quantify the opportunity, scoping out equipment and reagent markets, competitor shares, and test volumes. The outcome was a segmented Excel model of the Canadian molecular IVD market and a PowerPoint report with key strategic insights, providing the client with the necessary intelligence to inform its M&A decisions.