Immunoassay Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast

Increase in prevalence of chronic and infectious diseases is a key factor driving market revenue growth

The global immunoassay market size reached USD 39.72 Billion in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. Increase in prevalence of chronic and infectious diseases is a major factor driving market revenue growth. According to the International Diabetes Federation (IDF), in 2021 approximately 537 million were living with diabetes worldwide and the number is estimated to rise to 643 million by 2030. Immunoassays are often used in diabetology to measure HbA1c, C-peptide, insulin, and beta cell autoantibodies, which are vital indicators for diagnosis and categorization of diabetes mellitus. Important indicators for precise classification of type 1, type 2, and other specialized kinds of diabetes include autoantibodies against beta cell constituents.

The report offers insightful information about the market dynamics of the Immunoassay market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Immunoassay market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Immunoassay market. It puts examines drivers and restraints of the Immunoassay market and analyzes their impact on the industry throughout the forecast period.

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 Key Players operating in the industry are:

Siemens Healthcare GmbH, Biomérieux, Abbott, Becton Dickinson and Company, Beckman Coulter, Inc., Hologic, Inc., Ortho Clinical Diagnostics, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., and Thermo Fisher Scientific

Radical Features of the Immunoassay Market Report:

  • The report encompasses Immunoassay market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Immunoassay industry

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Segmentation:

  • Product Outlook (Revenue, USD Billion; 2019-2030)

    • Reagents and Kits
    • Instruments
  • Technology Outlook (Revenue, USD Billion; 2019-2030)

    • Radioimmunoassay (RIA)
    • Enzyme-Linked Immunosorbent Assay (ELISA)
    • Rapid Test
    • Fluoroimmunoassay (FIA)
    • Chemiluminescence Immunoassay (CLIA)
    • Others
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Therapeutic Drug Monitoring
    • Oncology
    • Cardiology
    • Endocrinology
    • Infectious Disease Testing
    • Autoimmune Diseases
    • Others

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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