China Chemiluminescence Immunoassay Market Size & Outlook
China chemiluminescence immunoassay market, 2016-2028 (US$M)
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China chemiluminescence immunoassay market highlights
- The China chemiluminescence immunoassay market generated a revenue of USD 326.1 million in 2020 and is expected to reach USD 766.3 million by 2028.
- The China market is expected to grow at a CAGR of 11.3% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product & services in 2020.
- Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.
Chemiluminescence immunoassay market data book summary
| Market revenue in 2020 | USD 326.1 million |
| Market revenue in 2028 | USD 766.3 million |
| Growth rate | 11.3% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Software & Services |
| Key market players worldwide | Diasorin SpA, Abbott Laboratories, Siemens Healthineers AG ADR, QuidelOrtho Corp, shenzhen mindray automation equipment co., Immunodiagnostic Systems, Beckman Coulter, Roche Holding AG ADR, Roche, Inova Diagnostics, Maccura |
Other key industry trends
- In terms of revenue, China accounted for 4.4% of the global chemiluminescence immunoassay market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan chemiluminescence immunoassay market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 766.3 million by 2028.
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Chemiluminescence Immunoassay Market Scope
Chemiluminescence Immunoassay Market Companies
| Name | Profile | # Employees | HQ | Website |
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China chemiluminescence immunoassay market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chemiluminescence immunoassay market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 66.05% in 2020. Horizon Databook has segmented the China chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
China chemiluminescence immunoassay market witnessed substantial growth over the forecast period, owing to presence of a large target population and continuous government initiatives to expand the diagnostics industry in the country.
In addition, presence of local players and continuous development activities by them are expected to support the market growth. For instance, in 2018, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (Mindray) launched its new CL-6000i CLIA analyzer at the China International Medical Equipment Fair (CMEF Spring 2018).
Moreover, in October 2019, China-based Maccura Biotechnology Co., Ltd. showcased its i 3000 automatic chemiluminescence analyzer at China International Medicinal Equipment Fair (CMEF Autumn) held in Qingdao, China.
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Our clientele includes a mix of chemiluminescence immunoassay market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China chemiluminescence immunoassay market , including forecasts for subscribers. This country databook contains high-level insights into China chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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China chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)
China Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)
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