(PharmaNewsWire.Com, June 07, 2017 ) Market Research Hub announced a report on China In-Vitro Diagnostics (IVD) Market. It is expected to be triple its market size by the end of 2022 from its market size in 2016. China In-Vitro Diagnostics sector is expected to grow at a double digit CAGR of 19.01% in future. With such a huge growth rate China is poised to become the world’s largest In–vitro Diagnostics (IVD) Market in the next few years for both domestic and foreign IVD products. The In–Vitro Diagnostics (IVD) Market in China has been growing rapidly over the past few years and is expected to grow steadily in the coming future, with major growth potential in segments such as contagious disease testing, chronic disease testing and diagnosis in early stages of the disease.
China In-Vitro Diagnostics (IVD) – Segment Analysis
Immunoassay has the highest market share in China IVD market, but after 2018 its market share will decline. China Microbiology Market has grown approximately 4 times in 2016 compared to its market value in 2007. China Molecular Testing Market is expected to grow almost five times in future from its present market. Contribution of Point of Care Testing (POCT) market is low compared to Hematology Market, Coagulation Market and Self-Monitoring of Blood Glucose (SMBG) Market. Other segments such as Molecular testing, Clinical Chemistry and Microbiology are poised to be remarkable expansion in the near future. Roche is the leading company in the China IVD market. Factors Driving the Growth of In-Vitro Diagnostics (IVD) in China
Some of the key factors driving the growth of China IVD 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 hospitals and independent clinical laboratories.
China In-Vitro Diagnostics (IVD) Market, Forecast, Companies Analysis, Registration Rules is the 5th edition report on In-Vitro Diagnostics by Renub Research. This presents a detailed account of In-Vitro Diagnostics Market, its 8 Segments Market, Companies In-Vitro Diagnostics Sales in China, Registration of In-Vitro Diagnostics in China.
This 101 Page report with 36 Figures and 2 Tables studies the China IVD market from 6 view points:
1. Market and Forecast 2. Segment Wise Market & Forecast 3. Development Environment & Regulatory Status in China IVD market 4. Company Wise IVD Sales & Forecast 5. Growth Drivers for China In-Vitro Diagnostics 6. Challenges for China In-Vitro Diagnostics
Profiles of Private Clinical Labs and Diagnostic Services Companies in China • Zhejiang Di’an Diagnostics Technology Co., Ltd • ADICON Clinical Laboratories • Guangzhou Kingmed Diagnostics Center Co. Ltd. • Kindstar Global (Privately held) • BGI-Shenzhen (Privately held) • OriGene Technologies (Privately held)
Table Of Content: 1. Executive Summary
2. China IVD Market & Market Share (2007 – 2022) 2.1 China IVD Market (2007 – 2022) 2.2 China IVD Market Share (2007 – 2022)
3. China IVD Companies Market Share (2011 – 2022)
4. China IVD Market by Segments (2007 – 2022) 4.1 China Clinical Chemistry Market & Forecast 4.2 China Immunoassay Market & Forecast 4.3 China Hematology Market & Forecast 4.4 China Coagulation Market (2007 – 2022) 4.5 China Microbiology Market & Forecast 4.6 China Molecular Testing Market & Forecast 4.7 China Self Monitoring of Blood Glucose (SMBG) Market & Forecast 4.8 China Point of Care Testing (POCT) Market & Forecast
5. Development Environment of Chinese IVD Industry 5.1 Healthcare Reforms 5.2 Improving Quality at Grass-Root Level 5.3 Embracing Technology
6. China: Health Insurance and Reimbursement Policies (New) 6.1 Health Insurance System 6.1.1 Basic Medical Insurance 6.1.2 Insurance for Other Groups 6.1.3 Rural Medical Insurance 6.1.4 Private Health Insurance 6.2 Reimbursement Rules 6.2.1 Device Reimbursement 6.2.2 Reimbursement for In-Vitro Diagnostics (IVDs)
7. Registration of In Vitro Diagnostic Reagents in China 7.1 Registration and Filing 7.2 Filing Obligation for Clinical Trials 7.3 Clinical Trial Institutions 7.4 Elimination of IVD Loophole for Research 7.5 Change of Manufacturing Address 7.6 Change of Main Supplier of an Antigen or Antibody 7.7 Update on China In-Vitro Diagnostics Registration 7.7.1 IVD Product Registration in China 7.7.2 China IVD Type Testing Process 7.7.3 Clinical Trials for IVD Products in China
8. Medical Devices and Reagents Class Registration in China 8.1 Process of Medical Device Registration in China 8.2 Classification of In-vitro Diagnostic Reagents in China 8.2.1 Class III: Highest Risk 8.2.2 Class II: Medium Risk 8.2.3 Class I: Lower Risk 8.3 China In-Vitro Diagnostics Reagents 8.3.1 Blood Screening Reagents — Drug Administration 8.3.2 Varieties of Blood Screening Reagents 8.3.3 Blood Screening Reagent Test 8.3.4 Nucleic Acid Detection Kits for Blood Screening 8.3.5 Radioactive Reagents — Drug Administration 8.3.6 Diagnostic Reagents - Medical Devices Management
About Market Research Hub: Market Research Hub (MRH) is a next-generation reseller of Research Reports and analysis. MRH’s expansive collection of In Vitro Diagnostics research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
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