Immunodiagnostics Market in China 2016-2020
| Published: Nov 2015 | Pages: 103 | SKU: IRTNTR7854 |
Market outlook of the immunodiagnostic market in the China
Technavio’s market research analyst estimates the immunodiagnostics market in China to grow at an impressive CAGR of around 18% by 2020. The introduction of stringent healthcare reforms, growing preference for local manufacture of diagnostic devices, and rapidly increasing competition are some of the significant factors that augment growth in this market during the forecast period.
The rising prevalence of infectious and chronic diseases in this region is the primary growth driver for this market. In China, urbanization has led to an increase in the prevalence of chronic diseases like cancer, diabetes, cardiovascular diseases, and tuberculosis. This high prevalence of chronic diseases is envisaged to bolster the need for immunodiagnostic tests, which in turn would result in market growth during the forecast period.
Competitive landscape and key vendors
The immunodiagnostic market in the China is consolidated due to the presence of numerous small, medium, and large vendors. The vendors in this market compete on the basis of product differentiation, application differentiation, portfolio, and pricing to gain maximum market traction during the forecast period.
The top vendors in the market are
- Roche Diagnostics
- Abbott Diagnostics
- Siemens Healthcare Diagnostics
- Beckman Coulter
- Sysmex Medical Electronics (Shangai)
Other prominent vendors in the market include AccuBio Tech,Alere,Becton Dickinson,Beijing Kewei Clinical Diagnostics Reagents, Beijing Leadman Biochemistry,Bio-RadBioscience Diagnostic Technology,Biosino Biotechnology & Science, DIAsource, DiaSys Diagnostic Systems, Fosun Pharma, Getein Biotechnology, Hitachi, Immunodiagnostic System Holdings, Luminex, NewScen Coast Bio-Pharmaceutical, Ortho Clinical Diagnostics, Shanghai Kehua Bio-engineering, Sichuan Maccura Biotechnology, Tecan, and Thermofisher Scientific.
Technological segmentation of the immunodiagnostic market in China
- ELISA
- CLIA
- RIA
- FIA
- MIA
- LFIA
According to this global market research report, the chemiluminescence (CLIA) assay segment is anticipated to be the largest market segment during the forecast period. The ability of this assay to perform clinical applications at a rapid pace is a major factor that augments its adoption during the forecast period. Moreover, this assay’s ability to make sample detection sensitive and easy is envisaged to result in its profound market share of more than 66% by 2020.
Product-type segmentation and analysis of the immunodiagnostic market in China
- Reagent
- Instrument
Technavio market research analysts estimate the reagents segment to account for a market share of approximately 82% during the forecast period. The ability of reagents to diagnose minute quantities of biological agents like hormones, viruses, vitamins, or immunogenic substances in blood samples is anticipated to result in its high adoption during the predicted period.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the immunodiagnostic market in the China?
- What are the key market trends impacting the growth of the immunodiagnostic market in the China?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the immunodiagnostic market in the China?
- What are the key outcomes of the five forces analysis of the immunodiagnostic market in the China?
Related reports
Table of Contents
- Highlights
- Market overview
- Top vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Health insurance system in China
- Regulatory landscape of China
- Distribution network in China
- Market overview
- Market size and forecast
- Five forces analysis
- Immunodiagnostic reagents
- Immunodiagnostic instruments
- Immunodiagnostic reagents market in China
- Immunodiagnostic instruments market in China
- CLIA market in China
- ELISA market in China
- FIA market in China
- MIA market in China
- LFIA market in China
- RIA market in China
- Market share analysis
- Analysis of tier 1 vendors
- Abbott Diagnostics
- Beckman Coulter Trading (China)
- bioMérieux China
- DiaSorin
- Mindray
- Roche Diagnostics
- Siemens Healthcare Diagnostics (Shanghai)
- Sysmex Medical Electronics (Shanghai)
- 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.
INFORMATION 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
DATA 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
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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