20 May


Immunoassay Market Poised to Grow at a CAGR of 6.4% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Immunoassay Market. The report presents analysis of global as well as regional markets of immunoassay market over the period of 2016 to 2024. Immunoassays is a biochemical test that measure the concentration or presence of an analyte in a liquid solution such as serum or urine that is used in a laboratory or on-site, through the use of an antibody or an antigen as a biorecognition agent. Analyte is referred as molecule or macromolecule measured by using the immunoassay.


Growing frequencies of infectious and chronic diseases are key factors driving the growth of the immunoassay market. Also, increasing geriatric population has increased the frequency of number of medical test. Additionally, Immunoassays are used in the life science industry for studying several biological systems with the help of examination of different biological molecules such as proteins, hormones, and antibodies, which in turn to foster the growth of the immunoassay market. Changing life style and increasing diseases such as thyroid dysfunction, diabetes mellitus, osteoporosis, and others to augment the growth of the immunoassay market. Moreover, growing advancement of novel assays in numerous autoimmune diseases such as oncology and cardiology to boost the growth of the market. Among the regions, North America is expected to be largest market share of immunoassay. The growing geriatric population and developed healthcare infrastructure are driving the growth of this region. Furthermore, growth in Asia-Pacific is driven by increasing number of chronic diseases and growing hospital and diagnostic laborites in this region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global immunoassay market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global immunoassay market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the immunoassay market worldwide.


The report segments the global immunoassay market on the basis of Product, Technology, Application and End user.


Global Immunoassay Market by Product

·         Consumables

·         Analyzer


Global Immunoassay Market by Technology

·         Radioimmunoassay (RIA)

·         Chemiluminescence Immunoassay (CLIA)

·         Enzyme-linked Fluorescence Assay (ELFA)

·         Enzyme-linked Immunosorbent Assay (ELISA)

·         Others


Global Immunoassay Market by Application

·         Endocrinology

·         Oncology

·          Infectious Disease

·         Cardiology

·         Orthopedics


Global Immunoassay Market by End User

·         Hospitals

·         Blood Banks

·         Diagnostics Laboratories


Companies Profiled in the Report

·         F. Hoffmann-La Roche AG

·         Becton, Dickinson and Company

·         Ortho Clinical Diagnostics

·         Siemens Healthineers

·         Thermo Fisher Scientific Inc.

·         Danaher Corporation

·         Abbott Laboratories

·         Merck KGaA

·         Sysmex Corporation

·         Others


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.