16th November 2023, the 55th MEDICA trade fair came to a successful end in Dusseldorf, Germany.

From September 26 to 28, 2023, the 3-day Medic West Africa came to an end! We would like to thank the excellent team of Wizbiotech for coming to Nigeria and the customers and partners from all the countries in the world for coming to this exhibition. We are very honored and your participation had added more joy and motivation to us.

The IVD industry refers to the in vitro diagnostic field, which by mean of the techniques such as molecular biology and biochemical analysis to detect and diagnose physiological or pathological states of the human body. With the upgrading of network technology, the digitization and intelligence in the IVD industry have been becoming as a development trend.

According to relevant data, the global market size of in vitro diagnostics in 2020 is $71.49 billion, and that of 2021 is $92.08 billion, which is expected to grow from $71.43 billion in 2022 to $107.42 billion in 2029, with a compound annual growth rate of 6% during the forecast period. During this period, the COVID-19 pandemic has increased the demand for in vitro diagnostics, and market participants have collectively witnessed a significant increase in sales and revenue from point-of-care tests.