Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the immunoassay market provides in-depth analysis of segments and sub-segments in
global as well as regional immunoassay market. The study also highlights the
impact of drivers, restraints and macro indicators on the global and regional
immunoassay market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
immunoassay market. According to the report, the global immunoassay market is
projected to grow at a CAGR of 6.4% over the forecast period of 2018-2024.
Immunoassay is a biochemical test that measures 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. The analyte is referred to as a 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, the increasing geriatric population has increased the frequency of a number of
medical tests. 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 lifestyle and increasing diseases such as thyroid dysfunction, diabetes mellitus,
osteoporosis, and others to augment the growth of the immunoassay market.
Moreover, the 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 the 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 an increasing number
of chronic diseases and growing hospital and diagnostic laborites in this
region.
The report on global immunoassay market covers segments such
as product, technology, application, and end user. On the basis of the product, the
global immunoassay market is categorized into consumables and analyzer. On the
basis of technology the global immunoassay market is categorized into
radioimmunoassay (RIA), chemiluminescence immunoassay (CLIA), enzyme-linked
fluorescence assay (ELFA), enzyme-linked immunosorbent assay (ELISA) and
others. On the basis of application, the global immunoassay market is
categorized into endocrinology, oncology, infectious disease, cardiology, and
orthopedics. On the basis of the end user, the global immunoassay market is
categorized into hospitals, blood banks, and diagnostics laboratories.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and Rest of Europe are included in the European region.
The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-Pacific region offers substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC
region is projected to experience a growth at a CAGR of x.x% over the period of
2018-2024.
The report provides profiles of the companies in the global
immunoassay market such as F. Hoffmann-La Roche AG, Becton, Dickinson, and the company, Ortho Clinical Diagnostics, Siemens Healthineers, Thermo Fisher
Scientific Inc., Danaher Corporation, Abbott Laboratories, Merck KGaA, Sysmex
Corporation and Others.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global immunoassay
market. Moreover, IGR-Growth Matrix analysis given in the report brings an
insight into the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of immunoassay market.
Moreover, the study highlights current market trends and provides forecast from
2018-2024. We also have highlighted future trends in the immunoassay market
that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings insight into the
market share of the leading players. This report will help manufacturers,
suppliers, and distributors of the immunoassay market to understand the present
and future trends in this market and formulate their strategies accordingly.
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