Top 5 facts for the healthcare testing industry in 2023.....
The first home pregnancy test was invented in 1968 by Margaret Crane and Norman Pressman. It used rabbit urine to detect the presence of the hormone human chorionic gonadotropin (hCG), which is produced during pregnancy.
The COVID-19 pandemic has led to a significant increase in the demand for testing. As of September 2021, more than 3.8 billion COVID-19 tests have been performed worldwide.
One of the most common types of medical tests is the blood test, which can be used to diagnose a wide range of conditions, from infections to cancer. In 2023, the global market for blood testing was valued at over $60 billion.
Genetic testing is a rapidly growing field that helps doctors identify risks of developing diseases based on DNA. The global market for genetic testing was valued at over $15 billion in 2023.
The accuracy of medical tests is crucial for accurate diagnosis and treatment. In the United States, the Food and Drug Administration (FDA) regulates medical tests to ensure that they are "safe and effective."