2009 India IVD market update: market trends, usage, perceptions

India IVD market is expected to grow at an annual rate of 16% to reach a market size of USD 398 mil in 2009. All product segments are expected to grow in excess of 10%, with molecular diagnostics predicted to grow the fastest at 25%. In Molecular Diagnostics, an estimated 266,600 tests were conducted in 2008, with commercial labs taking up -70% of total test volume. Viral pathogen testing such as HIV, HBV and HCV are expected to grow the fastest.