Immunoassay Market 2018 At a CAGR of 8.5% Up To 2023 | By Top Merchants; Beckman Coulter, Abbott Laboratories, Radiometer, Alere, Etc

Market Research Future published a research report on Global Immunoassay Market and predicts that Global Immunoassay Market is expected to grow at a healthy CAGR of 8.5% during the forecasted period and report include market Analysis, Scope, Stake, Progress, Trends and forecast till 2023.

Immunoassay is widely used in significant areas of pharmaceutical analysis which include diagnosis of diseases and in therapeutic drug monitoring. An immunoassay is a test based on biochemistry to measure the concentration of an analyte. The analytes are antibodies that are produced due to infection or small molecules. Immunoassays are highly adaptable which are designed to detect the binding of the specific antibody to the target analyte.

A number of factors such as the increasing prevalence of chronic conditions, growth in the biotechnology and pharmaceutical sector, increasing adoption of rental immunoassay analyzers, rising use of immunoassay in oncology, growing awareness about immunoassay, healthcare insurance coverage for various infectious diseases, unmet medical needs, improving regulatory framework, and increasing government assistance are propelling the growth of the Global Immunoassay Market.

It is estimated that the Immunoassay Market is expected to grow at a CAGR of 8.5% during the forecast period of 2018–2023.

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Key Players for Global Immunoassay Market

Some of key the players in the Global immunoassay treatment market are Beckman Coulter, Inc., Abbott Laboratories, Radiometer, Alere, Arlington Scientific, Bio-Rad Laboratories, BioMerieux, Inc., DiaSorin, Diamedix, Dynex Technologies, Fujirebio US, Gold Standard Diagnostics, Hycor Biomedical, Inova Diagnostics, Ortho-Clinical Diagnostics, Randox Toxicology, F. Hoffmann-La Roche Ltd., Siemens Healthineers, ThermoFisher Scientific, TOSOH Bioscience, Wako Diagnostics, Shenzhen New Industries Biomedical Engineering Co., Ltd., Sysmex Corporation, and others.

Segments for Global Immunoassay Market

The Global Immunoassay Market is segmented on the basis of product and service, type, and end-user.

On the basis of product and service, the market is classified as reagents and kits, analyzers, and software and services. The reagents and kits segment is classified as Enzyme-Linked Immunosorbent Assay (ELISA) reagents and kits, rapid test reagents and kits, western blot reagents and kits, elispot reagents and kits, RIA reagents and kits, and PCR reagents and kits. The analyzers segment is classified as portable analyzers and benchtop analyzers.

On the basis of type, the market is classified as Radioimmunoassay (RIA), Counting Immunoassay (CIA), Enzyme Immunoassays (EIA) or Enzyme-Linked Immunosorbent Assays (ELISA), Fluoroimmunoassay (FIA), and Chemiluminescence Immunoassay (CLIA).

On the basis of application, the market is classified as infectious diseases, oncology, autoimmune disorders, toxicology, neonatal screening, cardiology, hematology and blood screening, bone and mineral disorders, and others.

On the basis of end-user, the market is segmented into hospitals and clinics, diagnostic laboratories, research and academic laboratories, pharmaceutical companies, biotechnology companies, and others.

Regional Analysis for Global Immunoassay Market

The Americas dominates the Immunoassay Market owing to the presence of major market players, high adoption rate, and increasing prevalence of infectious diseases. According to the statistics suggested by the Centers for Disease Control (CDC) and Prevention, around 9,421 cases of tuberculosis, 51,455 cases of salmonella, 33,461 cases of Lyme disease, and 433 cases of meningococcal disease were registered in the United States.

Europe holds the second position in the Immunoassay Market. It is expected that the funding provided by the government and private organizations towards research and development, along with the rising prevalence of infectious disease are likely to drive the European market.

Owing to a huge patient pool, increasing demand, and development in the healthcare technology, Asia Pacific is the fastest growing Immunoassay Market. Healthcare expenditure is found to be improving in various regions in Asia Pacific.

The Middle East and Africa holds the lowest share in the Global Immunoassay Market due to low development, lack of technical knowledge, and poor medical facilities.

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Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

TOC Continued…

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