Press release
Antigen Kit Market Size & Share - Industry Trends and Forecast 2017 - 2025
" Antigen Kit Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" is the latest addition to MarketResearchReports.Biz industry research reports collection.The objectives of this study are as follows:
To define, describe, and forecast the " Antigen Kit " market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Antigens are used for the production of antibodies. These can be toxins or other substances, which induce an immune response in the body. Antigens are also known as antibodies. These are microbes such as bacteria, parasites, fungi, and other antigen such as pollen. Antigen kits are used to detect antigen of various diseases such as malaria, dengue, and influenza. Antigen test kits are primarily used in rapid medical diagnostics, in vitro diagnostic devices, and molecular diagnostics. Antibodies can be measured and detected from blood sample and saliva. Some antibody tests are useful to detect past infections or to diagnose a persisting infection.
The global antigen kit market is expected to grow in the near future owing to increasing demand for antigen kit in various application segments such as rapid medical diagnostics, in vitro diagnostic device, and molecular diagnostics. Increasing prevalence of liver diseases, autoimmune diseases, and sexually transmitted diseases are expected to propel the growth of the antigen market during the forecast period. According to the American Autoimmune Related Diseases Association (AARDA) currently 50 million people in the U.S. are living with autoimmune diseases. Autoantibody/autoantigen tests are used to diagnose autoimmune disorders. These are also used to evaluate the severity of the condition and monitor effectiveness of treatment and relapses of the disorders. Autoantibody tests are performed when a patient is suffering from chronic, progressive arthritic symptoms, fatigue, fever, and muscle weakness. According to the World Health Organization, around 203 million cases of malaria were reported worldwide in 2012. The disease accounted for nearly 627,000 deaths globally in the same year. Cross-reaction and false negative results are likely to hamper the growth of the market during the forecast period.
The global antigen kit market has been segmented based on technique, application, end-user, and region. In terms of technique, the market has been categorized into precipitation reaction, agglutination reaction, complement fixation, immunofluorescent assay, enzyme-linked immunosorbent assay (ELISA), and radioimmunoassay. Based on application, the market has been divided into tropical diseases, liver diseases, autoimmune diseases, and sexually transmitted diseases. End-users in this market include hospitals, diagnostics centers, clinics, and others.
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Geographically, the global antigen kit market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was the largest market for antigen kits due to increasing prevalence of autoimmune diseases and rising incidence of sexually transmitted diseases. According to the Centers for Disease Control and Prevention (CDC), nearly 20 million new sexually transmitted infections occur in the U.S. each year, half among young people aged 15 years to 24 years, and account for nearly US$ 16 Bn in health care costs. Europe was the second largest market for antigen kits owing to increasing incidence of liver diseases. According to the European Association for the Study of the Liver, in 2013, liver cirrhosis accounted for 170,000 deaths in Europe and nearly 63,500 new cases of liver cancer were diagnosed in Europe in 2012. Acceptance and demand for high-end medical infrastructure are the major factors driving the market in Asia Pacific. China, Japan, and India are the fast growing markets in the region and are projected to fuel market growth. Countries in Latin America such as Brazil and Mexico have significant potential owing to evolving medical structure and high disposable income.
Major players operating in the antigen kit market include Thermo Fisher Scientific, SD BIOSENSOR, Inc., SinoBiological, Inc., Cell Biolabs, Inc., Affinity Biologicals Inc., R-Biopharm AG, Epitope Diagnostics, Inc., and Oxford BioMedica.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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