2025-05-06
In 2024, China’s IVD market size is expected to be less than RMB 120 billion, remaining flat compared to 2023. Domestic brands account for approximately 50% of the market. In the first three quarters of 2024, the total revenue of listed IVD companies in China reached RMB 82.76 billion, a year-on-year decrease of 3.51%; net profit attributable to shareholders was RMB 10.58 billion, a year-on-year decrease of 18.03%.