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Global Autoimmune Disease Diagnostics Market to witness remarkable growth by 2022 :Top keyplayers are SQI Diagnostics, Beckman Coulter, Inc., Abott Laboratories, Inova Diagnostics, Siemens Healthineers, and others

02-12-2019 05:41 PM CET | Health & Medicine

Press release from: Kenneth Research

Global Autoimmune Disease Diagnostics Market to witness

Description

The Global Autoimmune Disease Diagnostics Market was valued at US$ XX billion in 2016 and is expected to grow at around XX% CAGR to reach nearly US$ XX billion by 2022. Autoimmune diseases are diseases in which the patient's immune system starts attacking the normal and healthy cells of the patient. The autoimmune disease diagnostics market consists of devices and procedures that help to diagnose whether the patient is suffering from an autoimmune disease and also the type of the autoimmune disease. Some of the different diagnostic methods used are autoantibody tests, complete blood count, C-reactive protein, antinuclear antibody tests, etc. Factors like growing incidence of autoimmune diseases and adoption of new technology are driving the growth of the market.

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End Users

The end users of the autoimmune disease diagnostics market are mainly hospitals, diagnostic centres and research laboratories. Availability of different types of products has helped expand the end user base of the market.

Market Dynamics

The rising prevalence of autoimmune diseases is the main growth factor for the autoimmune disease diagnostics market. Improved access to healthcare has enabled greater number of people to avail of these products, hence expanding the market. Investment in research and adoption of new technology has helped in the development of innovative diagnostic methods with high accuracy and efficiency. Introduction of such products is expected to fuel further growth of the market. Another growth factor for the market is the increasing population of geriatric individuals who are naturally at a higher risk of suffering from autoimmune diseases. Support from the government in the form of subsidies may also help in the growth of the market.

The market also faces some restraints in the form of relatively low awareness about autoimmune diseases and high costs of the diagnostic processes. Low availability of skilled technicians and high incidence of false reports are other threats to the market. Another restraint is the high time required to obtain the results of the diagnostic processes. Hence, companies need to come up with more efficient and accurate diagnostic products to take advantage of the growth of the market.

Market Segmentation

The global autoimmune disease diagnostics market can be segmented on the basis of testing method, disease being targeted, end users, and geography. On the basis of testing method, the market can be segmented as autoantibody tests, complete blood count, C-reactive protein, antinuclear antibody tests, comprehensive metabolic panel, urinalysis, and others. On the basis of disease targeted, the market can be segmented as Rheumatoid arthritis, chronic lymphocytic thyroiditis, Type 1 diabetes, Graves' disease, Systemic Lupus Erythematosus, etc. Based on end users, the market is segmented as hospitals, diagnostic centres and research laboratories.

Regional/Geographic Analysis

Geographically, the Autoimmune Disease Diagnostics market can be divided into North America, Europe, Asia-Pacific (APAC), and Latin America, Middle East and Africa (LAMEA) regions. Currently North America accounts for the largest share of the market. However, there is considerable growth potential in the APAC region due to growing geriatric population and prevalence of diseases.

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Key Players

Some of the key players in the global autoimmune disease diagnostics market are SQI Diagnostics, Beckman Coulter, Inc., Abott Laboratories, Inova Diagnostics, Siemens Healthineers, and others.

Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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