Printer Friendly

DPI Research Published a New Report on China In Vitro Diagnostics Market.

Delhi, Dec. 20 -- The in-vitro diagnostics(IVD) market in China has been growing rapidly in the past few years and is expected to grow steadily in the next few years, with major growth potential in segments such as infectious disease testing, chronic disease testing and diagnosis in early stages of disease. Some of the major factors driving the growth of this market are the rising incidences of chronic lifestyle diseases, public health awareness, growing aging population, demand of tests in rural areas stimulated by the healthcare reform plan, increasing demand from the middle class for high-end products and an increase in the number of private hospitals and independent testing laboratories. However, low reimbursement rate, absence of quality products by the local companies, population factors and foreign companies faces difficulty to enter the low end IVD products market are restraining the growth of this market.

Long-term Outlook: The China In Vitro Diagnostics Market is expected to reach more than US$ 10 Billion by 2021 with strong double digit growth rate from 2016 to 2021.

China IVD Market: Segment wise Outlook

Immunoassay has emerged as a significant rapidly growing market segment in China IVD market. Immunoassay test controls nearly XX% market share by the year 2021. Other segments such as Clinical Chemistry, Molecular testing and POCT are poised to be remarkable expansion in the near future. Growing demand for infectious disease testing, chronic disease testing and diagnosis in early stages of disease will usher the China IVD market.

China IVD Market: Companies wise Outlook

Roche is the leading company with more than XX% market share in the China IVD market and is expected to hold its strong position in the market. Sysmex Corporation and Abbott Laboratories are the other top two players in the China IVD market. Mindray and Shanghai Kehua Bioengineering(KHB) are another major participant in this market with a good hold in clinical chemistry, immunoassay and molecular testing segments providing varieties of reagents nationwide and semi-auto and automatic biochemistry analyzers to low and mid-end market users.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market, market segments, company wise sales analysis, regulation, major distributors and laboratories of IVD and outlook of the Chinese IVD companies.

This report titled "China In Vitro Diagnostics(IVD) - Opportunity Assessment, Competitive Landscape and Market Forecasts to 2021" has been analyzed from 10 viewpoints:

1. Market and Forecast (2010 - 2021)

2. Segment Wise Market and Forecast (2010 - 2021)

3. Company Wise IVD Sales and Forecast (2010 - 2021)

4. Regulation and its Latest Development

5. Future Prospects in Attractive In Vitro Diagnostics Segments

6. Regional Trends and Opportunities

7. Main Participants/Contributors

8. Major IVD Product Companies Outlook

9. Major Private Clinical Labs and Diagnostic Services Companies Outlook

10.Market Growth Drivers and Challenges

The following segments of the China In Vitro Diagnostics market are detailed with size and six year forecast.

Clinical Chemistry

Immunoassay

Molecular Testing

Self-Monitoring of Blood Glucose (SMBG)

Point of Care Testing (POCT)

Hematology

Coagulation

Microbiology

The following companies of the China In Vitro Diagnostics market are detailed with size and six year forecast

Roche Diagnostics

Abbott Laboratories

Mindray Medical International Limited

Sysmex Corporation

Shanghai Kehua Bio-Engineering Co. Ltd.

Other Companies

The following Chinese companies of the China In Vitro Diagnostics market are detailed with company overview and its product portfolio

Mindray Medical International Limited

Shanghai Fosun Pharmaceutical Group

Mingyuan Medicare

Da An Gene Co. Ltd.

Shanghai Kehua Bio-Engineering Co. Ltd.

Zhejiang D.a. Diagnostics Technology Co., Ltd

ADICON Clinical Laboratories

Guangzhou Kingmed Diagnostics Center Co. Ltd.

Kindstar Global

BGI - Shenzhen

OriGene Technologies

Published by HT Syndication with permission from India PRwire.

Copyright [c] HT Media Ltd. Provided by SyndiGate Media Inc. ( Syndigate.info ).
COPYRIGHT 2016 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:India PRwire
Geographic Code:9CHIN
Date:Dec 20, 2016
Words:652
Previous Article:Ministry of Youth Affairs & Sports (Govt. of India) selects LPU NSS Volunteers to participate in Republic Day Parade-2017.
Next Article:ITpreneur Data System Collaborated with Webonise Lab.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters