China Infectious Disease Molecular Diagnostics Market Size & Outlook
China infectious disease molecular diagnostics market, 2018-2028 (US$M)
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China infectious disease molecular diagnostics market highlights
- The China infectious disease molecular diagnostics market generated a revenue of USD 2,647.2 million in 2020 and is expected to reach USD 3,251.2 million by 2028.
- The China market is expected to grow at a CAGR of 2.6% from 2021 to 2028.
- In terms of segment, reagents was the largest revenue generating product in 2020.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious disease molecular diagnostics market data book summary
| Market revenue in 2020 | USD 2,647.2 million |
| Market revenue in 2028 | USD 3,251.2 million |
| Growth rate | 2.6% (CAGR from 2020 to 2028) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents |
| Key market players worldwide | Abbott Laboratories, Danaher Corp, BioMerieux SA, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Becton Dickinson & Co, Hologic Inc, Illumina Inc, Grifols SA Ordinary Shares - Class A, Qiagen NV, Siemens Healthineers AG ADR, Sysmex Corp |
Other key industry trends
- In terms of revenue, China accounted for 8.2% of the global infectious disease molecular diagnostics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, India infectious disease molecular diagnostics market is projected to lead the regional market in terms of revenue in 2028.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 674.3 million by 2028.
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Infectious Disease Molecular Diagnostics Market Scope
Infectious Disease Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China infectious disease molecular diagnostics 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 infectious disease molecular diagnostics market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 66.49% in 2020. Horizon Databook has segmented the China infectious disease molecular diagnostics market based on instruments, reagents covering the revenue growth of each sub-segment from 2018 to 2028.
The infectious diseases molecular diagnostics market in China is likely to exhibit a CAGR of xx% during the forecast period. The country’s healthcare policies are focused on developing novel technologies and improving R&D activities to enhance its existing healthcare facilities.
With increasing population, healthcare expenditure in the country is also growing. Increased need for early diagnosis of diseases to reduce treatment costs & mortality rate is expected to boost demand. Several research institutes in China are focused on developing novel technologies for molecular diagnostics.
In addition, a number of private companies are increasingly collaborating with each other or setting up several laboratories across the country. Four major groups of national laboratory chains in China include KingMed, ADICON, Da An, and Lawke.
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Target buyers of China infectious disease molecular diagnostics market databook
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Our clientele includes a mix of infectious disease molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China infectious disease molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into China infectious disease molecular diagnostics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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China infectious disease molecular diagnostics market size, by product, 2018-2028 (US$M)
China Infectious Disease Molecular Diagnostics Market Outlook Share, 2020 & 2028 (US$M)
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