China In Vitro Diagnostics (ivd) Market Size & Outlook

The in vitro diagnostics (ivd) market in China is expected to reach a projected revenue of US$ 8,448.8 million by 2030. A compound annual growth rate of 6.8% is expected of China in vitro diagnostics (ivd) market from 2025 to 2030.
Revenue, 2024 (US$M)
$5,700.7
Forecast, 2030 (US$M)
$8,448.8
CAGR, 2025 - 2030
6.8%
Report Coverage
China

China in vitro diagnostics (ivd) market, 2018-2030 (US$M)

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China in vitro diagnostics (ivd) market, 2018-2030 (US$M)

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China in vitro diagnostics (ivd) market highlights

  • The China in vitro diagnostics (ivd) market generated a revenue of USD 5,477.1 million in 2023 and is expected to reach USD 8,448.8 million by 2030.
  • The China market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
  • In terms of segment, reagents was the largest revenue generating product in 2023.
  • Reagents is the most lucrative product segment registering the fastest growth during the forecast period.


In vitro diagnostics (ivd) market data book summary

Market revenue in 2023USD 5,477.1 million
Market revenue in 2030USD 8,448.8 million
Growth rate6.4% (CAGR from 2023 to 2030)
Largest segmentReagents
Fastest growing segmentReagents
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Reagents, Services
Key market players worldwideAbbott Laboratories, BioMerieux SA, QuidelOrtho Corp, Siemens Healthineers AG ADR, Bio-Rad Laboratories Inc, Qiagen NV, Sysmex Corp, Charles River Laboratories International Inc, Quest Diagnostics Inc, Agilent Technologies Inc, Danaher Corp, BD, Roche Holding AG


Other key industry trends

  • In terms of revenue, China accounted for 7.0% of the global in vitro diagnostics (ivd) market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China in vitro diagnostics (ivd) market is projected to lead the regional market in terms of revenue in 2030.
  • Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 385.8 million by 2030.

Reagents was the largest segment with a revenue share of 66.17% in 2024. Horizon Databook has segmented the China in vitro diagnostics (ivd) market based on instruments, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.


China is focusing on developing novel technologies and improving R&D activities to enhance their existent healthcare facilities. With its growing population, there is need for high healthcare expenditure. The need for early diagnosis of diseases to reduce treatment costs and mortality rate is expected to fuel demand for IVDs. This, in turn, will lead to a saving on the national income and better patient outcomes.

The currently available major IVD tests include FISH-based breast cancer testing and Human Papillomavirus (HPV) testing. The ministry of health is shifting its focus from healthcare to preventive care and diagnostic testing products, which will aid further growth of the Chinese IVD market. Furthermore, the rising prevalence of infectious diseases in China and the increasing profit margins in IVD tests will aid further growth of this market.

Furthermore, in December 2019, LYNOAMP BC received approval from China’s National Medical Products Administration (NMPA) for LYNOAMP BC. It was developed by Sysmex Corporation as a class III category IVD reagent for detecting breast cancer lymph node metastasis.

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In Vitro Diagnostics (IVD) Market Companies

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China in vitro diagnostics (ivd) market size, by product, 2018-2030 (US$M)

China In Vitro Diagnostics (IVD) Market Outlook Share, 2024 & 2030 (US$M)

China in vitro diagnostics (ivd) market size, by product, 2018-2030 (US$M)

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