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Immunoassays Market Survey Report by Global Top Key Participants: Abbott Laboratories, Roche Diagnostics Ltd, Siemens Healthcare, Beckman Coulter 2018 - 2024

12-10-2018 08:28 AM CET | Health & Medicine

Press release from: Axiom Market Research & Consulting

Immunoassays Market Report 2018 - 2024

Immunoassays Market Report 2018 - 2024

Immunoassay is a biochemical test which measures the presence or absorption of a macromolecule in a solution with the help of antibody or an antigen. The molecule detected by the immunoassay is often discussed to as an “analyte”. Immunoassays come in many different formats and variations. They may be run in multiple steps with reagents being added and washed away or separated at different points in the assay. Some immunoassays can be carried out simply by collaborating the reagents and sample and making a physical measurement.

The worldwide immunoassay market is relied upon to witness a lucrative development amid the forecast period attributable to rising demand of these tests, rising maturing populace is impacting the development in the therapeutic device market, increasing development of novel assays in different immune system sicknesses, for example, oncology and cardiology, and expanding application in diagnosing drug checking tests, toxicology testing, irresistible ailments and discovery of disease biomarkers are likewise anticipated that would additionally fuel the development of immunoassay market in the following years.

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The Major Key Players Involved In This Market Are:

• Abbott Laboratories
• Roche Diagnostics Ltd,
• Siemens Healthcare
• Beckman Coulter
• Ortho Clinical Diagnostics
• BioMrieux
• Bio-Rad Laboratories Inc.,
• Alere Inc.,
• Sysmex Corporation
• Beckton
• Dickinson & Co., Hologing Inc.,
• Luminex Corp.,
• Meridian Life Science Inc.,
• Qiagen etc.

Moreover, rising worldwide interest for non-intrusive diagnostics procedures, developing need of reagents, systematic methods and delicate examines, developing pattern like high-development home touchy market, available extensive variety of reagents, introduction and presentation of novel biomarkers are additionally anticipated that would help the development of immunoassay market all through the estimate time frame.

The global immunoassays market can be segmented on the basis of technology, product & services, application, end user and geography. Based on technology, this market is divided into enzyme immunoassay, fluorescence immunoassay, chemiluminescence immunoassay, radioimmunoassay, nephelometric immunoassay and others. Enzyme immunoassay is expected to account for the largest market share in the forecast period due to its high sensitivity, low cost benefits and long-term presence in the global immunoassay market. However, Chemiluminescence immunoassay (CLIA) is projected to grow at a significant rate in the upcoming years which is attributed by technological advancements and high innovation techniques offered by CLIA in the global market.

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On the basis of products and services, the immunoassay market is categorized into reagents & kits, analysers and software services. The reagents and kits segment accounted for the largest share of the immunoassays market in 2017 owing to the requirement of the repeat purchase of kits and reagents, along with the increasing number of immunoassay tests being executed in consequence of the rising incidence of chronic and infectious diseases.

The global immunoassay market based on application is classified into infectious disease, endocrinology, cardiology, oncology and hematology whereas, by end users, this market is further segmented into hospitals, clinical laboratories, blood banks, academic research centers, pharmaceutical companies, biotechnology companies and others. Rising healthcare concerns and increasing disposable income, growing demand for lateral flow tests because of to its high-sensitivity, accuracy and convenient access, increasing demand for rapid test result and immediate medical information, operative and proficient replacement of conventional technologies and increasing drug discovery applications are expected to drive the market demand by end user segment.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Due to the collective application of immunoassay techniques in cancer research, increasing implementation of low cost and compact immunoassay instruments in clinical diagnostics and research laboratories, and increasing quality of infrastructure for laboratory and clinical research, North America dominated the market in 2017 and is expected to grow speedily from 2019. Whereas, in APAC, China had the largest market share of immunoassay in 2017 and is also anticipated to mount rapidly.

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About Us:

Axiom Market Research & Consulting™, a global market research firm driven with a simple aim of providing key actionable data to companies for taking informed business decisions pertaining to their marketing strategy, investments, new product launch, market competition etc.

Our creative research approaches help us to extract, analyze and compare markets along with peer markets, main or parent market, application and end user industries, competitive landscape and qualitative figures to arrive at market numbers. Backed by a team of experienced analyst, who have worked with leading research firms and delivered number of Market research projects globally, Axiom Market Research & Consulting is able to cater to all market research and business consulting requirements.

Contact Us:
Manish Shelar
Telephone: +1 (845) 875-9786
Email: sales@axiommrc.com
Website: http://axiommrc.com

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