Asia-Pacific IVD Contract Research Organization Market Forecast to 2028 – COVID-19 Impact and Analysis – by Type (Clinical Chemistry, Molecular Diagnostics, Immunochemistry, Companion Diagnostics, Hematology, Histology and Cytology, Microbiology, and Others), and Services (Clinical Research, Biostatistics and Data Management Services, Therapeutic Expertise, Regulatory Services, Reimbursement Services, Assay Development Services, and Others)

Name: Asia-Pacific IVD Contract Research Organization Market
SKU: Healthcare IT
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The IVD contract research organization market in Asia Pacific (APAC) is expected to grow from US$ 921.51 million in 2021 to US$ 1,621.14 million by 2028. It is estimated to grow at a CAGR of 8.4% from 2021 to 2028.

There has been improvement in healthcare facilities and infrastructure, which has increased the inclination toward an advanced and effective approach to treatment compared to a traditional approach. There has been an increase in demand for point-of-care testing (POCT) for fast results and treatment compared to the traditional testing services. The rise in point-of-care testing has increased the demand for IVD, creating many opportunities for the IVD contract research organization market. APAC is expected to develop significantly due to developing economies, such as China and India. APAC countries are emerging as attractive outsourcing locations for global medical devices and diagnostics manufacturers. The low manufacturing & operating cost and rising demand for IVD products globally are expected to promote the growth of the IVD contract research organization market.

Furthermore, there is a continuous growth in Asia's scientific base and capabilities owing to the growing contribution of clinical research, centralized healthcare institutions, well-qualified and highly motivated investigators, and excellent clinical trial facilities. APAC offers a large and diverse patient pool, as the region comprises ~60% of the world population. Thus, these factors are expected to create new opportunities for the IVD contract research organization market over the forecast period.

Asia Pacific IVD Contract Research Organization Market Revenue and Forecast to 2028 (US$ Million)

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Asia Pacific IVD Contract Research Organization Market Segmentation

The APAC IVD contract research organization market is analyzed on the basis of type, services, and country. By type, the market is segmented into clinical chemistry, molecular diagnostics, immunochemistry, companion diagnostics, hematology, histology and cytology, microbiology, and others. The clinical chemistry segment held the largest share of the market in 2020. By services, the market is segmented into clinical research, biostatistics and data management services, therapeutic expertise, regulatory services, reimbursement services, assay development services, and others. The biostatistics and data management services segment held the largest share of the market in 2020.

Based on country, the APAC IVD contract research organization market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China contributed a substantial share in 2020.

Clinexa; CMIC HOLDINGS CO., LTD; ICON PLC; NAMSA; and Proxima Clinical Research, Inc. are the leading companies in the APAC IVD contract research organization market.

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC IVD Contract Research Organization Market – By Type

1.3.2 APAC IVD Contract Research Organization Market – By Services

1.3.3 APAC IVD Contract Research Organization Market – By Country

2. APAC IVD Contract Research Organization Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC IVD Contract Research Organization Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 APAC – PEST Analysis

4.3 Expert opinion

5. APAC IVD Contract Research Organization Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging demand for In-Vitro Diagnostics and Increase in Clinical Trials

5.1.2 New Product Launches by Market Players

5.2 Market Restraints

5.2.1 Stringent Government Policies and Lack of Skilled Workforce

5.3 Market Opportunities

5.3.1 Increase in Point-of-Care Testing and Potential Opportunities from Developing Economies

5.4 Future Trends

5.4.1 Technological Advancements and Increase in Research & Development Activities

5.5 Impact analysis

6. IVD Contract Research Organization Market – APAC Analysis

6.1 APAC IVD Contract Research Organization Market Revenue Forecast and Analysis

7. IVD Contract Research Organization Market– by Type

7.1 Overview

7.2 APAC IVD Contract Research Organization Market Revenue Share, by Type (2021 and 2028)

7.3 Clinical Chemistry

7.3.1 Overview

7.3.2 Clinical Chemistry: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Molecular Diagnostics

7.4.1 Overview

7.4.2 Molecular Diagnostics: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Immunochemistry

7.5.1 Overview

7.5.2 Immunochemistry: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Companion Diagnostics

7.6.1 Overview

7.6.2 Companion Diagnostics: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Hematology

7.7.1 Overview

7.7.2 Hematology: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

7.8 Histology and Cytology

7.8.1 Overview

7.8.2 Histology and Cytology: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

7.9 Microbiology

7.9.1 Overview

7.9.2 Microbiology: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

7.10 Others

7.10.1 Overview

7.10.2 Others: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC IVD Contract Research Organization Market – by Services

8.1 Overview

8.2 APAC IVD Contract Research Organization Market Revenue Share, by Services (2021 and 2028)

8.3 Clinical Research

8.3.1 Overview

8.3.2 Clinical Research: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Biostatistics and Data Management Services

8.4.1 Overview

8.4.2 Biostatistics and Data Management Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Therapeutic Expertise

8.5.1 Overview

8.5.2 Therapeutic Expertise: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Regulatory Services

8.6.1 Overview

8.6.2 Regulatory Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Reimbursement Services

8.7.1 Overview

8.7.2 Reimbursement Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

8.8 Assay Development Services

8.8.1 Overview

8.8.2 Assay Development Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

8.9 Others

8.9.1 Overview

8.9.2 Others: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC IVD Contract Research Organization Market – Country Analysis

9.1 APAC: IVD Contract Research Organization Market

9.1.1 Overview

9.1.2 APAC: IVD Contract Research Organization Market, by Country, 2021 & 2028 (%)

9.1.2.1 China: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.1 China: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.2 China: IVD Contract Research Organization Market, by Type, 2019–2028 (US$ Million)

9.1.2.1.3 China: IVD Contract Research Organization Market, by Services, 2019–2028 (US$ Million)

9.1.2.2 Japan: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.1 Japan: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.2 Japan: IVD Contract Research Organization Market, by Type, 2019–2028 (US$ Million)

9.1.2.2.3 Japan: IVD Contract Research Organization Market, by Services, 2019–2028 (US$ Million)

9.1.2.3 India: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.1 India: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.2 India: IVD Contract Research Organization Market, by Type, 2019–2028 (US$ Million)

9.1.2.3.3 India: IVD Contract Research Organization Market, by Services, 2019–2028 (US$ Million)

9.1.2.4 Australia: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.4.1 Australia: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.4.2 Australia: IVD Contract Research Organization Market, by Type, 2019–2028 (US$ Million)

9.1.2.4.3 Australia: IVD Contract Research Organization Market, by Services, 2019–2028 (US$ Million)

9.1.2.5 South Korea: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.5.1 South Korea: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.5.2 South Korea: IVD Contract Research Organization Market, by Type, 2019–2028 (US$ Million)

9.1.2.5.3 South Korea: IVD Contract Research Organization Market, by Services, 2019–2028 (US$ Million)

9.1.2.6 Rest of APAC: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.6.1 Rest of APAC: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.6.2 Rest of APAC: IVD Contract Research Organization Market, by Type, 2019–2028 (US$ Million)

9.1.2.6.3 Rest of APAC: IVD Contract Research Organization Market, by Services, 2019–2028 (US$ Million)

10. APAC IVD Contract Research Organization Market–Industry Landscape

10.1 Overview

10.2 Inorganic Growth Strategies

10.2.1 Overview

10.3 Organic Growth Strategies

10.3.1 Overview

11. Company Profiles

11.1 Proxima Clinical Research, Inc.

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Clinexa

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 NAMSA

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 ICON PLC

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 CMIC HOLDINGS CO., LTD

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES

Table 1. APAC IVD Contract Research Organization Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. China: IVD Contract Research Organization Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. China: IVD Contract Research Organization Market, by Services – Revenue and Forecast to 2028 (US$ Million)

Table 4. Japan: IVD Contract Research Organization Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. Japan: IVD Contract Research Organization Market, by Services – Revenue and Forecast to 2028 (US$ Million)

Table 6. India: IVD Contract Research Organization Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. India: IVD Contract Research Organization Market, by Services – Revenue and Forecast to 2028 (US$ Million)

Table 8. Australia: IVD Contract Research Organization Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Australia: IVD Contract Research Organization Market, by Services – Revenue and Forecast to 2028 (US$ Million)

Table 10. South Korea: IVD Contract Research Organization Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 11. South Korea: IVD Contract Research Organization Market, by Services – Revenue and Forecast to 2028 (US$ Million)

Table 12. Rest of APAC: IVD Contract Research Organization Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of APAC: IVD Contract Research Organization Market, by Services – Revenue and Forecast to 2028 (US$ Million)

Table 14. Recent Inorganic Growth Strategies in the APAC IVD Contract Research Organization Market

Table 15. Recent Organic Growth Strategies in the APAC IVD Contract Research Organization Market

Table 16. Glossary of Terms, APAC IVD Contract Research Organization Market

LIST OF FIGURES

Figure 1. APAC IVD Contract Research Organization Market Segmentation

Figure 2. APAC IVD Contract Research Organization Segmentation, By Country

Figure 3. APAC IVD Contract Research Organization Market Overview

Figure 4. Clinical Chemistry Segment Held Largest Share by Type Segment in APAC IVD Contract Research Organization Market

Figure 5. India is Expected to Show Remarkable Growth During the Forecast Period

Figure 6. APAC PEST Analysis

Figure 7. Expert Opinion

Figure 8. APAC IVD Contract Research Organization Market Impact Analysis of Driver and Restraints

Figure 9. APAC IVD Contract Research Organization Market – Revenue Forecast and Analysis – 2021- 2028

Figure 10. APAC IVD Contract Research Organization Market Revenue Share, by Type (2021 and 2028)

Figure 11. Clinical Chemistry: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. Molecular Diagnostics: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Immunochemistry: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Companion Diagnostics: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Hematology: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Histology and Cytology: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Microbiology: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Others: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC IVD Contract Research Organization Market Revenue Share, by Services (2021 and 2028)

Figure 20. Clinical Research: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Biostatistics and Data Management Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Therapeutic Expertise: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Regulatory Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Reimbursement Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Assay Development Services: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Others: APAC IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. APAC: IVD Contract Research Organization Market, by Key Country – Revenue (2021) (US$ Million)

Figure 28. APAC: IVD Contract Research Organization Market, by Country, 2021 & 2028 (%)

Figure 29. China: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Japan: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. India: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Australia: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. South Korea: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Rest of APAC: IVD Contract Research Organization Market – Revenue and Forecast to 2028 (US$ Million)

Clinexa
CMIC HOLDINGS CO., LTD
ICON PLC
NAMSA
Proxima Clinical Research, Inc.

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