Monday, 27 October 2014

Reports and Intelligence: Statistical data showed a bright future for the China IVD reagent market.

In vitro is Latin word, which means “within the glass”. In vitro diagnostics is a diagnostic test performed in a laboratory using test tubes. The in vitro diagnostic is a medical test conductedwithout any direct interaction with the human body for example; blood diagnosis to check for any infections or urine test to check the presence of glucose. In vitro diagnostic (IVD) reagent are devices, which are used for diagnostic tests.

Reports and Intelligence adds a report titled “Research and Forecast of China IVD Reagent (In Vitro Diagnostic Reagent) Industry, 2014-2018.” The report provides in-depth analysis of the IVD reagent market in China.

The report is designed with an aim to provide the market investors in China with detailed information of the market and provide actionable insights. The market scale of IVD reagents was CNY 16.3 billion in 2013. The market is expected to register an exponential growth rate in the coming years. The report provides well analyzed statistical data by the industry experts, showing future growth prospects of the IVD market in China.

Favorable government regulations are one of the key factor fueling the growth of the market. Industrial consolidation is another factor driving the growth of the market in China. The slow growth rate of American and European pharmaceuticals market is compelling the investor towards the China market for investments. Mergers and acquisitions between giant international players in China wouldbe beneficial for the overall growth of the market. The report also profiles some of the major players of the China IVD reagent market to provide the businesses with deep knowledge of the competitive structure of the market.

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