China In-Vitro Diagnostics Market by End-user and Application - Forecast and Analysis 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR45878
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The China in-vitro diagnostics market size has the potential to grow by USD 6.93 billion during 2020-2024, and the market’s growth momentum will decelerate at a CAGR of 16.61%. 

This report provides a detailed analysis of the market by end-user (hospitals, homecare, research institutes, and independent laboratories), application (immunochemistry, tissue diagnostics, molecular diagnostics, hematology, and others), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Abbott Laboratories
  • Agilent Technologies Inc.
  • Autobio Diagnostics Co. Ltd.
  • Bioptik Technology Inc.
  • Bio-Rad Laboratories Inc.
  • Danaher Corp.
  • F. Hoffmann-La Roche Ltd.
  • Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
  • Siemens Healthineers AG
  • Sysmex Corp.

 

The China in-vitro diagnostics market is fragmented and the vendors are deploying organic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as an increase in incidences of chronic and infectious diseases to achieve growth opportunities. However, factors such as an increase in demand and expectations of improved healthcare facilities will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the China in-vitro diagnostics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This China in-vitro diagnostics market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers

China in-Vitro Diagnostics Market: Segmentation by End-user

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Hospitals are the major end-users of the in-vitro diagnostics market in China, as they are preferred for the diagnosis of chronic and infectious diseases. Therefore, the rising prevalence of chronic and infectious diseases and the growing trend of preventive healthcare are increasing the number of tests performed at hospitals, which is benefiting the in-vitro diagnostics market in China. However, the hospital segment will record a slow growth rate that research institutes and independent laboratories during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the China in-vitro diagnostics market size. Fetch actionable market insights on post COVID19 impact on each segment.   

 

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China in-Vitro Diagnostics Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive China in-vitro diagnostics market growth during the next five years
  • Precise estimation of the China in-vitro diagnostics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the China in-vitro diagnostics industry
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of China in-vitro diagnostics market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Immunochemistry - Market size and forecast 2019-2024
    • Tissue diagnostics - Market size and forecast 2019-2024
    • Molecular diagnostics - Market size and forecast 2019-2024
    • Hematology - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Application

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Hospitals - Market size and forecast 2019-2024
    • Homecare - Market size and forecast 2019-2024
    • Research institutes - Market size and forecast 2019-2024
    • Independent laboratories - Market size and forecast 2019-2024
    • Market opportunity by End user

    Customer landscape

    • Overview
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Abbott Laboratories
    • Agilent Technologies Inc.
    • Autobio Diagnostics Co. Ltd.
    • Bioptik Technology Inc.
    • Bio-Rad Laboratories Inc.
    • Danaher Corp.
    • F. Hoffmann-La Roche Ltd.
    • Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
    • Siemens Healthineers AG
    • Sysmex Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The in-vitro diagnostics (ivd) market growth will increase by $6937.40 million during 2019-2024.
    The in-vitro diagnostics (ivd) market is expected to grow at a CAGR of 16.61% during 2019-2024.
    Technavio has segmented the in-vitro diagnostics (ivd) market by end user (Hospitals, Homecare, Research institutes, and Independent laboratories) ,application (Immunochemistry, Tissue diagnostics, Molecular diagnostics, Hematology, and Others) , and geographic (North America, Europe, Asia, and ROW).
    Abbott Laboratories, Agilent Technologies Inc., Autobio Diagnostics Co. Ltd., Bioptik Technology Inc., Bio-Rad Laboratories Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Siemens Healthineers AG, Sysmex Corp. are a few of the key vendors in the in-vitro diagnostics (ivd) market.
    North America will register the highest growth rate of 62.52% among the other regions. Therefore, the in-vitro diagnostics (ivd) market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the in-vitro diagnostics (ivd) market growth are:
    • Increase in incidences of chronic and infectious diseases
    • Healthcare infrastructure expansion
    The in-vitro diagnostics (ivd) market vendors should focus on grabbing business opportunities from the hospitals segment as it accounted for the largest market share in the base year.
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