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Analysts Forecast the Clinical Diagnostics Market in APAC to Grow at a CAGR of 12.90% over the Period 2014-2019

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Albany, NY -- (SBWIRE) -- 10/13/2015 -- About clinical diagnostics
Clinical diagnostics or in-vitro diagnostics is a method to perform diagnostics tests by using instruments, assay reagents, and systems to diagnose a disease or medical condition in a laboratory. Early and accurate diagnosis of life-threatening diseases such as cancer, cardiovascular disease, and influenza will boost the sales of clinical diagnostics products. Factor such as a rapid increase in the number of people with diabetes in developing countries such as in India will increase the sales of diagnostics as there are 50 million diabetes patients. Diabetes can increase the risk of active TB, and this infection can worsen the blood glucose level. To handle this types of medical cases, rapid molecular TB diagnosis is done.

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Technavio's analysts forecast the clinical diagnostics market in APAC to grow at a CAGR of 12.90% over the period 2014-2019.

Covered in this report
The report covers the current scenario and the growth prospects of the clinical diagnostics market in APAC for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of diagnostic kits, instruments, and reagents:
POC
Tissue diagnostic
Clinical microbiology
Immunodiagnostics
Molecular diagnostic
Hematology

Technavio's report, Clinical Diagnostics Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC; it also covers the landscape of the clinical diagnostic market in APAC and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key vendors
Abbott
Beckman Coulter Diagnostics
Biomerieux
Qiagen
Roche

Other prominent vendors
Amgenix International
BD
Cepheid
DiagCor
Hologic
J. Mitra
Landwind Medical
Life Technologies
Mindray
Randox Laboratories
Snibe Diagnostics
Span Diagnostics
Sysmex
Tosoh
Trivitron Healthcare
URIT

Key market driver
Early and accurate diagnosis of life-threatening diseases
For a full, detailed list, view our report

Key market challenge
Lack of infrastructure and trained professionals
For a full, detailed list, view our report

Key market trend
Privatization and healthcare coverage
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
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 key vendors?
What are the strengths and weaknesses of the key vendors?

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