china clinical laboratory market page 1 of 5 lynn jiao 09 2006 id 136939 summary is the second largest in asia and one world s fastest growing while still a small player global terms its early stages development potentially huge instruments expected to experience an annual growth rate around 20 over next five years far exceeding predicted for 2003 accession trade organization improvements technology numbers trained professionals increasing number private laboratories are all contributors this billion accounts just 4 total worldwide without doubt however potential enormous regulatory changes taking place spur further hurdles exist us companies looking do business should be approached systematically as part company