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Pulished Date April, 2021
ID: 124
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Asia Pacific In-Vitro Diagnostics Market Research Report - By Product, Technology, Application & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 124
Pages: 145

APAC IVD Market Size (2021 to 2026)

The Asia Pacific In-Vitro diagnostics Market has been estimated at USD 14.16 billion in 2021 and is predicted to grow USD 19.31 billion in 2026, growing at a Compound Annual Growth Rate (CAGR) of 6.4%. The increasing population, especially older people across the Asia Pacific region, is driving growth.

There is a quiet increment in the scale of several diagnostics centers and hospitals in the Asia Pacific, which propels the demand of the in-vitro diagnostics market. Moreover, in-vitro diagnostics are viral in giving accurate results in very little time, attracting many consumers. This attribute is expanding the size of the market to the extent. In addition, rising incidences of cancer and diabetes among many individuals are fuelling the market's growth rate.

Increasing research on developing new products with the latest technologies creates chances for the market to grow. On the other hand, the rise in investments from both public and private organizations to improve services in diagnostics centers is likely to outshine the market demand. Besides, the growing demand for early diagnosis in most countries is leveling up the growth rate of the Asia Pacific in-vitro diagnostics market. Diagnosis of a disease is before having a proper and efficient treatment procedure, which greatly influences the market's demand. Furthermore, escalating expenditure on healthcare in developed and developing countries is ascribed to bolster the market's growth rate in this region.

However, the cost of installing and maintaining some equipment in laboratories is a bit expensive, which is declining the market's growth rate. Fluctuations in the prices of various raw materials required to manufacture the devices also restrain the demand of the Asia Pacific in-vitro diagnostics market. Furthermore, government authorities are rigorous in approving new IVD products in concern towards people’s safety is remained a challenging thing for the market developers. The lack of professionals in monitoring the systems is hampering the market's growth rate in the Asia Pacific.

This research report on the APAC IVD Market has been segmented and sub-segmented into the following categories:

By Product: 

  • Instruments
  • Reagents and Kits
  • Software

By Technology: 

  • Clinical Chemistry
  • Hematology
  • Immunoassays
  • Coagulation and Hemostasis
  • Molecular Diagnostics
  • Microbiology
  • Other IVD technologies

By Application: 

  • Diabetes
  • Infectious Diseases
  • Oncology/Cancer
  • Cardiology
  • Nephrology
  • Autoimmune Diseases
  • Drug Testing
  • HIV

By Country: 

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Regional Analysis:

Geographically, the Indian IVD market is one of the fastest-growing regional markets in the APAC region. In India, awareness about health, demand for good healthcare, and willingness to spend on healthcare are major factors for the market to grow. In addition, rising incidences of chronic diseases are propelling the demand of the market. Continually developing the clinical research market are some of the key factors to drive market growth.

In vitro diagnostic market size is growing at a faster rate in China. This is because of chronic diseases like heart disease, cancer, and diabetes, especially among older people. All these diseases can be monitored using in-vitro diagnostic products and willingness to pay for advanced technology. 

In Japan, the market is growing rapidly in the past few years. Raising demand from educated patients or people for detailed health information greatly influences the market's demand in Japan.

In Australia, increasing chronic incidences and infectious diseases, elevation in the geriatric population, and advancing diagnostic technology accelerate the market's growth rate. In addition, age-related disorders like arthritis and dementia are also factors for market growth.

In South Korea, the market shares are projected to have inclined growth opportunities in the coming years due to increasing awareness over the point of care diagnostic systems.


Noteworthy companies operating in the APAC IVD Market are Abbott Laboratories, Johnson and Johnson, Siemens Healthcare, Becton Dickinson, Roche Diagnostic, Beckman Coulter Inc., Biomérieux, Ortho Clinical Diagnostics, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Sysmex Corporation, and Thermo Fisher Scientific, Inc.

  1. Introduction

                1.1 Market Definition                                                                    

                1.2 Study Deliverables                                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                                           

                1.4 General Study Assumptions                                                                

  1. Research Methodology

                2.1 Introduction                                                                              

                2.2 Research Phases                                                                      

                                2.2.1 Secondary Research                                                            

                                2.2.2 Primary Research                                                 

                                2.2.3 Econometric Modelling                                                     

                                2.2.4 Expert Validation                                                  

                2.3 Analysis Design                                                                         

                2.4 Study Timeline                                                                          

  1. Overview

                3.1 Executive Summary                                                                

                3.2 Key Inferences                                                                         

                3.3 New Developments                                                                

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

                4.1 Market Drivers                                                                          

                4.2 Market Restraints                                                                    

                4.3 Key Challenges                                                                         

                4.4 Current Opportunities in the Market                                                               

  1. Market Segmentation

                5.1 By Product                                                                  

                                5.1.1 Instruments                                                           

                                5.1.2 Reagents and Kits                                                 

                                5.1.3 Software                                                 

                5.2 By Technology                                                                          

                                5.2.1 Clinical Chemistry                                                

                                5.2.2 Hematology                                                           

                                5.2.3 Immunoassays                                                      

                                5.2.4 Coagulation and Hemostasis                                                           

                                5.2.5 Molecular Diagnostics                                                        

                                5.2.6 Microbiology                                                          

                                5.2.7 Other IVD technologies                                                     

                5.3 By Application                                                                           

                                5.3.1 Diabetes                                                  

                                5.3.2 Infectious Diseases                                                             

                                5.3.3 Oncology/Cancer                                                 

                                5.3.4 Cardiology                                                               

                                5.3.5 Nephrology                                                            

                                5.3.6 Autoimmune Diseases                                                       

                                5.3.7 Drug Testing                                                           

                                5.3.8 HIV                                                             

  1. Geographical Analysis

                6.3 Asia-Pacific                                                                 

                                6.1 Introduction                                                              

                                6.2 China                                                            

                                6.3 India                                                              

                                6.4 Japan                                                            

                                6.5 South Korea                                               

  1. Strategic Analysis

                7.1 PESTLE analysis                                                                         

                                7.1.1 Political                                                     

                                7.1.2 Economic                                                 

                                7.1.3 Social                                                         

                                7.1.4 Technological                                                         

                                7.1.5 Legal                                                          

                                7.1.6 Environmental                                                      

                7.2 Porter’s Five analysis                                                                              

                                7.2.1 Bargaining Power of Suppliers                                                        

                                7.2.2 Bargaining Power of Consumers                                                    

                                7.2.3 Threat of New Entrants                                                     

                                7.2.4 Threat of Substitute Products and Services                                               

                                7.2.5 Competitive Rivalry within the Industry                                                      

  1. Market Leaders' Analysis

                8.1 Abbott Laboratories                                                               

                                8.1.1 Overview                                                

                                8.1.2 Product Analysis                                                   

                                8.1.3 Strategic Evaluation and Operations                                                            

                                8.1.4 Financial analysis                                                  

                                8.1.5 Legal issues                                                            

                                8.1.6 Recent Developments                                                       

                                8.1.7 SWOT analysis                                                       

                                8.1.8 Analyst View                                                          

                8.2 Johnson and Johnson                                                                             

                8.3 Siemens Healthcare                                                                

                8.4 Becton Dickinson                                                                     

                8.5 Roche Diagnostics                                                                    

                8.6 Beckman Coulter Inc.                                                                             

                8.7 Biomérieux                                                                

                8.8 Ortho Clinical Diagnostics, Inc.                                                                           

                8.9 Bio-Rad Laboratories, Inc.                                                                    

                8.10 Danaher Corporation                                                                           

                8.11 Sysmex Corporation                                                                             

                8.12 Thermo Fisher Scientific, Inc.                                                                            

  1. Competitive Landscape

                9.1 Market share analysis                                                                            

                9.2 Merger and Acquisition Analysis                                                                        

                9.3 Agreements, collaborations and Joint Ventures                                                                          

                9.4 New Product Launches                                                                          

  1. Expert Opinions

                10.1 Market Outlook                                                                     

                10.2 Investment Opportunities                                                                 


  1. List of Tables
  2. List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia-Pacific Global In-Vitro Diagnostics Market, By Region, From 2021 to 2026 (USD Billion)
  2. Asia-Pacific Global In-Vitro Diagnostics Market, By Type, From 2021 to 2026 (USD Billion)
  3. Asia-Pacific Instruments Market, By Region, From 2021 to 2026 (USD Billion)     
  4. Asia-Pacific Reagents and Kits Market, By Region, From 2021 to 2026 (USD Billion)                                             
  5. Asia-Pacific Software Market, By Region, From 2021 to 2026 (USD Billion)                                              
  6. Asia-Pacific Clinical Chemistry Market, By Region, From 2021 to 2026 (USD Billion)                                             
  7. Asia-Pacific Hematology Market, By Region, From 2021 to 2026 (USD Billion)     
  8. Asia-Pacific Immunoassays Market, By Region, From 2021 to 2026 (USD Billion)
  9. Asia-Pacific Coagulation and Hemostasis Market, By Region, From 2021 to 2026 (USD Billion)     
  10. Asia-Pacific Molecular Diagnostics Market, By Region, From 2021 to 2026 (USD Billion)  
  11. Asia-Pacific Microbiology Market, By Region, From 2021 to 2026 (USD Billion)   
  12. Asia-Pacific Other IVD technologies Market, By Region, From 2021 to 2026 (USD Billion)  
  13. Asia-Pacific Diabetes Market, By Region, From 2020 to 2025 ( USD Billion )                                                  
  14. Asia-Pacific Infectious Diseases Market, By Region, From 2021 to 2026 (USD Billion)        
  15. Asia-Pacific Oncology/Cancer Market, By Region, From 2020 to 2025 ( USD Billion )                                                 
  16. Asia-Pacific Cardiology Market, By Region, From 2021 to 2026 (USD Billion)        
  17. Asia-Pacific Nephrology Market, By Region, From 2021 to 2026 (USD Billion)      
  18. Asia-Pacific Autoimmune Diseases Market, By Region, From 2021 to 2026 (USD Billion) 
  19. Asia-Pacific Drug Testing Market, By Region, From 2021 to 2026 (USD Billion)    
  20. Asia-Pacific HIV Market, By Region, From 2021 to 2026 (USD Billion)      
  21. China Market, By Product, From 2021 to 2026 (USD Billion)        
  22. China Market, By Technology, From 2021 to 2026 (USD Billion) 
  23. China Market, By Application, From 2021 to 2026 (USD Billion) 
  24. India Market, By Product, From 2021 to 2026 (USD Billion)                                            
  25. India Market, By Technology, From 2021 to 2026 (USD Billion)  
  26. India Market, By Application, From 2021 to 2026 (USD Billion)  
  27. Japan Market, By Product, From 2021 to 2026 (USD Billion)        
  28. Japan Market, By Technology, From 2021 to 2026 (USD Billion)
  29. Japan Market, By Application, From 2021 to 2026 (USD Billion) 
  30. Rest Of Asia-Pacific Market, By Product, From 2021 to 2026 (USD Billion)
  31. Rest Of Asia-Pacific Market, By Technology, From 2021 to 2026 (USD Billion)      
  32. Rest Of Asia-Pacific Market, By Application, From 2021 to 2026 (USD Billion)      

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