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Immunoassay Instruments Market Share, Growth and Key Players Analysis Beckman Coulter, Ortho Clinical Diagnostics, bioMérieux, Abbott Laboratories, Sysmex Corporation, DiaSorin
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ELISA, radioimmunoassay, rapid tests, PCR, western blot, and ELISPOT are the major technologies on which the immunoassay instruments are based. The study reveals that among these technologies, ELISA held the largest share in the immunoassay instruments market in 2017, due to the wide adoption of this testing technique for detecting chronic and infectious diseases. ELISA is further sub-categorized into 1st generation, 2nd generation, 3rd generation, and 4th generation ELISA tests.
North America held the largest share in the global immunoassay instruments market in 2017, due to the expanding biotechnology and pharmaceutical industries, rising prevalence of chronic diseases, technological advancements, and adoption of automated platforms for immunoassay testing in the region. Furthermore, the region is pronounced with the presence of major players, which also supports the growth of the market demand.
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However, increasing support by the government of developing economies, such as India, and China, is expected to drive the pace of the Asia-Pacific (APAC) immunoassay instruments market in the coming years. For instance, indo-U.S. bilateral collaborative research grants on human immune phenotyping and infectious disease, an indo-U.S. vaccine action program, provides funding opportunity for researchers to conduct a collaborative research on human immunophenotyping studies. Such initiatives are expected to promote the growth of the APAC market during the forecast period.
Factors driving the immunoassay instruments market include discovery of specific biomarkers, extensive use of immunoassays in oncology, rising geriatric population, and the growing preference for personalized medicine. Increasing research activities focused on exploring the potential application of immunoassay tests in identifying infectious diseases, toxicology testing and other drug monitoring tests are some other factors that are expected to drive the market growth in the coming years. Furthermore, the key market players are continuously involved in the development of compact, reliable and portable products, as a result of technological advancements, which is also supporting the market demand.
Browse report at: https://www.psmarketresearch.com/market-analysis/immunoassay-instruments-market
Some of the key players in the immunoassay instruments market are Beckman Coulter, Inc., F. Hoffman-La Roche, Ltd., Thermo Fisher Scientific Inc., Ortho Clinical Diagnostics, BioMerieux, Inc., Abbott Laboratories, Sysmex Corporation, DiaSorin S.p.A., Siemens Healthcare, and Merck Millipore Corporation.
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