Access full Research: http://www.renub.com/china-in-vitro-diagnostics-ivd-market-forecast-companies-analysis-registration-rules-1089-p.php As per Renub Research analysis China IVD market is predicted to grow with a double digit CAGR of 19.01% in future. China IVD market is forecasted to be three times from the present market. In vitro diagnostics are playing a gradually more vital role in the provision of healthcare. About 80% of the information that physicians use to make medical decisions is produced by diagnostics and clinical laboratories. IVDs are largely used in testing, which comprises of Infectious Diseases, Diabetes, Oncology, Cardiology, Autoimmune Diseases, Nephrology, Drug testing, HIV/AIDS and others. The Largest share of IVD products is Infectious Diseases followed by Oncology, which is the fastest growing segment mainly in the prevalence of cancer. IVD market emphasizes on Hospitals, Laboratories, Academics, the point of care testing and others are end users. China has a vivacious market with more than 13 local manufacturers that have supplied the market with approximately 8,000 instruments and the reagents they need. These systems are semi-automated as well as automated.
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