Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 160.6 Billion | USD 351.8 Billion | 10.31% | 2022 |
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 study, the Asia-Pacific diagnostic tests market size was worth around USD 160.6 billion in 2022 and is predicted to grow to around USD 351.8 billion by 2030.
The CAGR value of the Asia-Pacific diagnostic tests market is expected to be around 10.31% during 2023-2030.
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.
The Asia-Pacific diagnostic tests market is led by players like 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.
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