ELISpot and FluoroSpot Assay Market Trends to 2023 - by Oxford Immunotec (UK), Cellular Technologies (US), Mabtech (Sweden), Becton, Dickinson and Company (US) Players

The ELISpot and FluoroSpot market is geographically segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). While North America is expected to dominate the market in 2018, Asia Pacific is expected to register the highest CAGR in the market during the forecast period. Growth in APAC is largely driven by the large patient population and high prevalence of chronic diseases in this region.

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Executive Summary

Premium Insights
4.1 ELISpot and FluoroSpot: Market Overview
4.2 North America: ELISpot and FluoroSpot Market, By Product (2018)
4.3 Geographical Snapshot of the ELISpot and FluoroSpot Market

Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Global Incidence of Chronic Diseases
5.2.1.2 Increasing Vaccine Development to Address the Challenge of Antimicrobial Resistance
5.2.1.3 Technological Advancements in ELISpot and FluoroSpot Assay Kits and Analyzers
5.2.2 Opportunities
5.2.2.1 Use of FluoroSpot Assays for Multiple-Analyte Detection in A Single Well
5.2.3 Challenges
5.2.3.1 Availability of Alternative Detection Technologies

ELISpot and FluoroSpot market report analyzes factors (such as drivers, opportunities, and challenges) affecting market growth. It evaluates opportunities and challenges in market for stakeholders and provides details of the competitive landscape for market leaders. ELISpot and FluoroSpot report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total ELISpot and FluoroSpot market.

The ELISpot and FluoroSpot market is projected to reach USD 287 million by 2023 from USD 135 million in 2018, at a CAGR of 16.2% during the forecast period. The rising global incidence of chronic diseases, increasing vaccine development to address the challenge of antimicrobial resistance, and technological advancements in ELISpot and FluoroSpot assay kits and analyzers, are factors expected to drive market growth during the forecast period.

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ELISpot and FluoroSpot market is segmented into assay kits, analyzers, and ancillary products. The assay kits segment is further sub segmented by utility, type, and analyte. In 2018, the assay kits segment is expected to account for the largest market share. This segment is also expected to grow at the highest CAGR during the forecast period. The rising incidence of chronic diseases and technological advancements are driving the growth of this product segment.

Some of the prominent players in the ELISpot and FluoroSpot are Oxford Immunotec (UK), Cellular Technologies (US), Mabtech (Sweden), Becton, Dickinson and Company (US), and Abcam (UK).

The company focuses on development of diagnostic kits for early detection of diseases such as TB and tick-borne diseases. The company has its presence across globe and to maintain and improve its presence in the market; Oxford Immunotec adopted both organic as well as inorganic strategies. Company also invests a significant amount on research and development activities.

More Details and Information on ELISpot and FluoroSpot Assay Market by Product (Assay Kit (T Cell and B Cell assay), Analyzer, Ancillary Products), Application (Transplant, Vaccines, Clinical Trials, Cancer), End User (Hospital, Labs, Research Institute) - Global Forecast to 2023 Now at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1806413 .

The ELISpot and FluoroSpot market is segmented into diagnostic and research applications. The diagnostics applications segment is further classified into infectious diseases and transplants. In 2018, the diagnostic segment is expected to account for the larger share of the market. The large share of this segment is attributed to the rising global prevalence of infectious diseases and the increasing use of ELISpot kits for disease diagnosis.

Breakdown of supply-side primary interviews, by company type, designation, and region:
• By Company Type: Tier 1 - 20%, Tier 2 - 45%, and Tier 3 - 35%
• By Designation: C-level - 30%, Director-level - 20%, and Others - 50%
• By Region: North America - 35%, Europe - 24%, Asia- 25%, and RoW - 16%

This report studies the ELISpot and FluoroSpot market based on product, application, end user, and region. The report also analyzes factors (such as drivers, opportunities, and challenges) affecting market growth. It evaluates opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders.

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