MarketsandMarkets: In-Vitro Diagnostics BRIC Market Worth $7.3 Billion by 2014

DALLAS, Texas, April 7, 2010 - According to a new market research report, 'In-Vitro Diagnostics (IVD)
Market in BRIC (2010 - 2014) ', published by MarketsandMarkets
(www.marketsandmarkets.com), the IVD market in BRIC is expected to be
worth US$7.3 billion by 2014, growing at a CAGR of 19% from 2009 to 2014.
Market growth is driven mainly by the increasing healthcare budgets of BRIC
economies, along with the increasing number of private corporate hospitals,
and the rising income levels backed by a huge, untapped population bases.

Browse in-depth TOC on IVD Market in BRIC (2010 - 2014) market.
Early buyers will receive 10% customization of reports.

www.marketsandmarkets.com/Market-Reports/ivd-bric-market-198.html

Despite restraints such as low consumer awareness and the absence of
regulations concerning patient safety, the BRIC IVD market is expected to
grow from $2.9 billion in 2009 to $7.2 billion-$7.5 billion in 2014 at a CAGR
of ~19%-20% from 2009 to 2014. In comparison, the growth rate of the global
IVD market is pegged at only ~5%-6% in the next five years. However, the
regulations concerning medical devices in these emerging economies still have
a long way to go to reach U.S. and European standards. Currently, the BRIC
IVD market is dominated by established players such as Roche, Abbott,
Siemens, Beckman Coulter, and Becton Dickinson. However, domestic players
such as Transasia, JMitra, Horiba, Kehua, Mindray have taken the distribution
of IVD services from urban areas to the rural areas.

Scope of the Report

This report categorizes the BRIC IVD market on the basis of:

Geography: Brazil, Russia, India and China

Diagnostic Services: Hematology, immunology, microbiology, molecular
diagnostics, urine analysis, etc.

Analyst Briefing Presentation on the In-Vitro Diagnostics (IVD) market in
BRIC (2010 - 2014) to be held on 20th April

The Medical Device practice at MarketsandMarkets is pleased to announce
its Analyst Briefing Presentation on the In-Vitro Diagnostics (IVD) market in
BRIC (2010 - 2014) to be held on 20th April The briefing on the IVD Market in
BRIC (2010-2014) will benefit the IVD equipment manufacturers, reagent
manufacturers, 3rd party distributors of IVD equipment, public and private
IVD associations for manufacturers, IVD associations for pathologists,
laboratory associations and technology providers.

To register your participation, please click here
www.marketsandmarkets.com/AnalystBriefing/ivd-bric-market.asp

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Contact: Ms. Sunita, 7557 Rambler road, Suite 727, Dallas, TX 75231, Tel: +1-888-989-8004, Email: sales at marketsandmarkets.com