China IVD market can be divided into six major segments based on testing principles: hematology and body fluid, clinical chemistry, immunoassay, molecular, microbiology and point of care testing. Immunoassay, clinical chemistry and hematology and body fluid analysis are the top three categories with the broadest clinical application. China IVD market has grown at a CAGR of 24.55 percent during 2013-2019 and pegged to US$ 6,315.4 Million in 2019. This market is expected to grow at a CAGR of 16.63 percent during the forecasting period 2020-2025 and likely to touch US$ 16,942.1 Million in 2025 as a result of the aggravating trends of an ageing population, the growth of medical expenses per capita and the technological progress in China.

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China IVD Market :
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