Global Immunoassay market research report gives an exhaustive examination of the market and, gives the market size and CAGR value for the estimated time frame 2019-2027, considering the previous year as the base year. The examination offers the real key viewpoints identified with industry driving components, opportunities, challenges, dangers, limitations, new items dispatch, geological investigation and focused strategies created by key players in the aggressive market.is a profitable wellspring of shrewd information for business strategists. In this investigation, the prevalent information of contemporary market patterns, specialty commercial centers, innovations improvement structure, materials, limits, and the dynamic substance of the market is referenced.
The Immunoassay market research report gives a large-scale rule about contemporary market patterns, driving variables, market estimate, industry-driving contenders of Immunoassay market, and dynamic development components in the market. The report capacities as a basic instrument for organizations around the esteem chain just as new contestants so as to enable them to make their odds and create marketable strategies. The report specifies the unrivaled information of contemporary market patterns, specialty commercial centers, advances improvement structure, materials, limits, and the dynamic quintessence of the market. It gives the business outline development investigation and chronicled and cutting edge cost, income, demand and supply information (as material).
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The global immunoassay market is US$ 21,800.0 Mn in 2018 and is predicted to grow at a CAGR of 6.5% during the forecast period 2019 – 2027, to reach US$ 37,987.8 Mn by 2027.
Key Competitors In Market are F. Hoffmann-La Roche Ltd., Abbott, Siemens, bioMérieux SA, BD, Danaher Corporation, Ortho Clinical Diagnostics, Sysmex Corporation, Thermo Fisher Scientific Inc, Quidel Corporation
Growing Incidences of Chronic and Infectious Diseases
Immunoassay is used to measure the concentration of small molecules such as lipids, protein, nucleic acids, etc. in solutions using antigen-antibody reactions. It is majorly used to detect several infectious disorders like dengue, hepatitis, human immunodeficiency virus (HIV). Increasing incidences of infectious diseases such as HIV is the primary global public health issue. In 2018, the World Health Organization (WHO) having claimed that more than 32 million HIV people are diagnosed, out of which 770,000 people died. At the end of 2018, around 1.7 million people were reported to be newly infected globally, including 62% of adults and 54% of children. According to the HIV and AIDS organization (AVERT), in 2018, 1.1 million U.S. residents were infected with HIV, whereas APAC registered 5.2 million HIV-infected population. According to the European CDC, ~2 million people in Europe were infected with HIV in 2018.
These statistics determine an increase in the demand for advanced HIV diagnostics across the globe. Hence, driving the growth of the immunoassay market during the forecast period.
The developments done by the companies in the market have been characterized as organic and inorganic developments. Various companies are focusing on organic strategies and inorganic strategies such as product launches, product approvals, acquistions, collaborations and others. For instance, in September 2016, BD announced the launch of its next generation wireless rapid diagnostic system for detection of influenza A and B, respiratory syncytial virus (RSV) and group A strep, with new traceability and secure patient health record documentation features and functionality.
Immunoassay Market to 2027 – Global Analysis and Forecasts By Product (Reagents & kits, Analyzers & Instruments, Software & Services); Technology (Enzyme-Linked Immunosorbent Assays (ELISA), Fluorescence, Chemiluminescence, Rapid Test, Western Blot, Enzyme-Linked Immune Absorbent Spot (ELISPOT), Polymerase Chain Reaction (PCR)); Application (Therapeutic Drug Monitoring, Oncology, Cardiology, Endocrinology, Infectious Disease Testing, Autoimmune Diseases, Others); End User (Hospitals, Blood banks, Clinical laboratories, Pharmaceutical and Biotech Companies, Academic Research Centers, Others) and Geography
By Geography North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. And 13 countries globally along with current trend and opportunities prevailing in the region.
Points Covered in The Report:
- The points that are discussed within the report are the major market players that are involved in the market.
- The complete profile of the companies is mentioned.
- The production, sales, future strategies, and the technological developments that they are making are also included within the report.
- The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
- The application areas of the market are also discussed thus giving a broad idea about the market to the clients.
- The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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