Albany, NY -- (SBWIRE) -- 09/14/2015 -- Immunodiagnostics is a class of in vitro diagnostics that utilizes antigen-antibody reaction as its primary means of detecting infectious diseases, tumors, diabetes, proteins, therapeutic drugs, and allergens. Immunodiagnostics tests are analytical methods that require different immunodiagnostics instruments and antibodies as reagents against the desired antigens to be detected. The test results are used to diagnosis diseases, and they have widespread clinical applications. Immunodiagnostics tests are also helpful in the field of forensic science, environmental science, and food analysis.
The rate of chronic diseases and infections in China has increased significantly in the past few years. Therefore, there is an increase in the demand for immunodiagnostics tests to detect diseases at an early stage, driving the immunodiagnostics market in China. Technavio's analysts forecast the immunodiagnostics market in China to grow at a CAGR of 16.6% over the period 2014-2019.
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The report covers the current scenario and the growth prospects of the immunodiagnostics market in China for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of immunodiagnostic test products.
Key vendors
Abbott Diagnostics
Beckman Coulter Diagnostics
Roche Diagnostics
Siemens Healthcare Diagnostics
Key market driver
Widening of insurance coverage
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Key market challenge
Declining imports
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Key market trend
Growing mergers and acquisitions
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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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