Research on China IVD Reagent (In Vitro Diagnostic Reagent) Industry, 2013-2017” mainly conducts in-depth analysis on the external environment, market operation, import &export, as well as other aspects of China’s IVD reagent industry, and also summaries the latest development state in 2012 of key domestic enterprises, and finally forecasts the future industrial development. The information can provide investors with decision-making reference.
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IVD reagent industry is an emerging industry in China, the start is late and the development is relatively backward compares with occidental countries. According to the data provided by IVD Special Committee, there are 300 to 400 IVD reagent manufacturing enterprises in China, of which, 200 enterprises own above designated scale; however, only about 20 enterprises have the ability to achieve annual sales income of more than CNY 100 million; the enterprises are in small scale in general and the variety is less.
In 2012, the scale of China’s IVD market has reached CNY 19 billion, of which, the scale of IVD reagent market was CNY 13.8 billion.
In recent years, China’s IVD reagent industry has entered the development phase from the introduction stage, and the market demand increased rapidly; domestic enterprises grasped opportunities by virtue of the advantages of high performance cost ratio and closer to the local market, and seized the market share constantly; thus, the market pattern which was dominated by the imported products is breaking down gradually.
With the strengthening of R&D investment and the improvement of products quality, a number of local enterprises with relatively strong strength have appeared in China’s IVD reagent industry, which concentrated in biochemical, immune and molecular diagnoses fields, some products have owned the ability to compete with the international giants.
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The state policy encourages the competitive enterprises to strengthen their strength. In 2013, a series of policies which target to improve industry standard and threshold will enter the substantive operation stage, which will accelerate the elimination of small enterprises and improve the industry concentration ratio, industrial consolidation is the development trend, and the enterprises with capital, technology and scale advantages will win gradually.
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