Press release
Luminex Corporation: Automated Immunoassay Analyzers Market Trends to 2024 Profiling Ortho Clinical Diagnostics, Roche Diagnostics, Siemens Healthcare, Abbott Diagnostics, Biokit
Automated Immunoassay Analyzers Market, Global Automated Immunoassay Analyzers Market Size
Automated Immunoassay Analyzers Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.
Increasing consolidation in laboratories and hospitals in the wake of health care reform to curb healthcare expenses should stimulate the industry growth. Rising number of centralized laboratories and large reference labs should escalate the demand for automated immunoassay analyzer systems. Automated Immunoassay Analyzers Market size is set to exceed USD 25 billion by 2024; according to a new research study report.
Some of the prominent industry players in the competitive market include Abbott Diagnostics, Biokit, Carolina Liquid Chemistries Corporation, Luminex Corporation, Ortho Clinical Diagnostics, Roche Diagnostics, and Siemens Healthcare.
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Rising prevalence of infectious diseases and growing geriatric population has led to high diagnostic test volumes, aiding a trend shift towards lab automation. Technological innovation for development of effective lab equipment will drive global automated immunoassay analyzers market.
U.S. automated immunoassay analyzers market accounted for more than 90% of regional industry revenue in 2016. Favorable healthcare reforms for diagnostic care, adoption of innovative products and increasing consolidation of laboratories should boost demand for automated instruments used for high volume testing.
Stringent regulatory framework and need to operate under rising pricing pressures adversely impacts the profit margins for the laboratories inhibiting the business growth. Laboratories are focusing on high volume testing to improve profitability per test and adopt automated systems to provide accurate diagnosis with effective workflow solutions.
Infectious diseases should witness a healthy growth to surpass USD 7 billion by 2024. Rising incidence of infectious diseases, growing elderly population and improved healthcare systems is set to drive segment growth.
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India should witness robust regional growth over forecast years owing to increasing government focus towards development of healthcare infrastructure by encouraging public private partnership to improve healthcare delivery into rural markets. Furthermore, increasing number of pathology laboratories and rising number of private and public hospitals should fuel automated immunoassay analyzers market growth.
Chemiluminescence analyzers should witness robust growth owing to the sensitivity and accuracy of diagnosis using low analyte concentrations. The automated chemiluminescent immunoassay analyzers improve the work efficiency by identifying over hundreds of analytes per hour.
The automated immunoassay analyzers market is dominated by few companies with a strong financial muscle, expanded geographical footprint, and extensive product portfolio. New product launch or customizing existing product by adding broad assay of test menus is the major trend adopted by industry participants to hold their market position.
Table of Content:
Chapter 1. Automated Immunoassay Analyzers Market Methodology
Chapter 2. Automated Immunoassay Analyzers Market Executive Summary
Chapter 3. Automated Immunoassay Analyzers Industry Insights
Chapter 4. Automated Immunoassay Analyzers Market, By Product
Chapter 5. Automated Immunoassay Analyzers Market, By Application
Chapter 6. Automated Immunoassay Analyzers Market, By End-use
Chapter 7. Automated Immunoassay Analyzers Market, By Region
Chapter 8. Company Profiles
For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/automated-immunoassay-analyzers-market/?utm_source=OPR-SP
Related Report:
United States Automated Immunoassay Analyzers Market Report 2018
In this report, the United States Automated Immunoassay Analyzers market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
Geographically, this report splits the United States market into seven regions: The West, Southwest, The Middle Atlantic, New England, The South, The Midwest. with sales (volume), revenue (value), market share and growth rate of Automated Immunoassay Analyzers in these regions, from 2013 to 2025 (forecast).
https://www.marketstudyreport.com/reports/united-states-automated-immunoassay-analyzers-market-report-2018?utm_source=RR-SP
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