1, the global IVD market growth is stable, slow
From the global market, IVD in mature markets in developed countries has now reached a stable stage, Europe and the United States continue to grow in the future is expected to grow at about power showed a trend of steadily slowing, Japan only has 2%. ROW States expected future growth rate reached 10%. Experts predict that in the next few years, clinical chemistry and immunochemistry market will be the two largest markets, their compound growth rates of 4.5%, 4.7%, genetic testing market will be the fastest-growing, its compound annual growth rate of 6.7%, the output value will exceed $1 billion.
2, China's in vitro diagnostics market will grow rapidly
The medical device industry is a multidisciplinary, knowledge-intensive and capital-intensive high-tech industry. Prospect of the in vitro diagnostics industry in China market strategic planning and investment analysis report, statistics show that China's high-tech medical equipment was at an annual increase rate of about 14%. Huge market space and upgrading needs as well as the ever-increasing demand for medical services will drive the market, medical devices in China growing rapidly. IVD expert analysis in the industry over the past few years China maintain a growth rate of around 15%, IVD is expected to sustain high growth of 15% in the future, is one of the fastest growing markets in the world.