Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 197.41 Billion | USD 554.01 Billion | 10.87% | 2024 |
FrequentlyAsked Questions
The industry refers to the market for medical diagnostic tests in the Asia-Pacific region. It includes a wide range of diagnostic tests, such as clinical laboratory tests, imaging tests, molecular diagnostic tests, and others.
The Asia-Pacific diagnostic tests market is projected to witness high growth owing to the increasing prevalence of several types of medical conditions. India and China are home to more than 50% of the global population.
According to a study, the Asia-Pacific diagnostic tests market size was worth around USD 197.41 billion in 2024 and is expected to reach USD 554.01 billion by 2034.
The Asia-Pacific diagnostic tests market is expected to grow at a CAGR of 10.87% during the forecast period.
The regional Asia-Pacific diagnostic tests market is expected to witness tremendous growth in Japan owing to the robust medical and healthcare infrastructure of the island nation.
Leading players in the Asia-Pacific diagnostic tests market include Mindray Medical International Limited, Roche Diagnostics, Bio-Rad Laboratories, Abbott Laboratories, Becton, Dickinson and Company, Siemens Healthineers, F. Hoffmann-La Roche Ltd., Danaher Corporation, QIAGEN N.V., Thermo Fisher Scientific, Beckman Coulter Inc., Sysmex Corporation, Bio-Rad Laboratories, Hologic Inc., Ortho Clinical Diagnostics, Cepheid Inc., Luminex Corporation, Meridian Bioscience Inc., Eiken Chemical Co. Ltd., Nihon Kohden Corporation, Alere Inc., BioMérieux SA, DiaSorin S.p.A., Fujirebio Inc., and Grifols S.A., among others.
The report explores crucial aspects of the Asia-Pacific diagnostic tests market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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