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Research and Markets: Clinical Chemistry Market Report & Forecast (2012 – 2015): Global Analysis – China Set to Double …

Posted: July 17, 2012 at 12:13 am

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/m7b92s/clinical_chemistry) has announced the addition of the "Clinical Chemistry Market Report & Forecast (2012 - 2015): Global Analysis" report to their offering.

Valued at more than US$ 9 Billion in 2011, Clinical Chemistry market is likely to grow moderately from 2012 to 2015. In Clinical Chemistry Tests segment: Toxicology, Hemoglobin and Cholesterol testing contributed more than 40% of market revenues in 2011, and in future also they are likely to dominate the market till 2015. Faecal Occult Blood testing market, Cardiac Enzyme testing market and Prothrombin Time/International Normalized Ratio (PT/INR) testing market all these three testing markets are expected to grow with double digit CAGR from 2012 - 1015.

In countries analysis segment, United States and Europe together holds more than 85% market share in 2011. But by 2015 China is expected to nearly double its market revenue from 2011; thus reducing the market share of Europe in worldwide Clinical Chemistry market by 2015. Brazil Clinical Chemistry market is bigger than India but it is expected to grow with a CAGR of single digit compared to double digit of India from 2012 - 2015. In the coming years, the Clinical Chemistry market will undertake important change. These changes will be caused by the convergence of new and more stringent regulations, advances in diagnostic technologies, automation, IT and intensifying competition.

Renub Research report entitled Clinical Chemistry Market Report & Forecast (2012 - 2015): Global Analysis provides a comprehensive assessment of the nine clinical chemistry tests market & reviews, analyses and projects clinical chemistry market for global and seven countries market. The report also provides market landscape and market share information in the clinical chemistry market. The report also entails major drivers and challenges of clinical chemistry market.

Tests Covered

- Blood Gas & Electrolyte Test

- Cardiac Enzyme Test

- Faecal Occult Blood Test

- Drugs of Abuse Test

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Research and Markets: Clinical Chemistry Market Report & Forecast (2012 - 2015): Global Analysis - China Set to Double ...

Recommendation and review posted by G. Smith