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Global Enzyme Immunoassay (EIA) Reagents and Kits Market Industry Analysis, Market Size, Growth and Trends, 2017 – 2027
Global Enzyme Immunoassay (EIA) Reagents and Kits Market
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Increasing incidence of diseases such as infectious diseases and cancer is one of the primary driver associated with the growth of global Enzyme Immunoassay (EIA) Reagents and Kits market. Also, continuous development in biomarkers, cost benefit as compared to other diagnostic tests, and increasing adoption of automated platforms for Enzyme Immunoassay (EIA) has led to increasing demand for Enzyme Immunoassay (EIA) test on the market. Advances in technology is another major factor for the growth of the market that results in improved speed, reduced assay time, higher throughput, greater sensitivity and reliability of lab testing. Based on the product type, market has been segmented into reagents and kits. In terms of technology, enzyme Immunoassays are further classified into competitive ELISA, indirect ELISA, sandwich ELISA, and multiple/portable ELISA. Based on application, Enzyme Immunoassay (EIA) Reagents and Kits market categorised into Infectious diseases, Cardiology, Oncology, Bone and Mineral, Autoimmunity, Endocrinology, Toxicology, Neonatal screening, Hematology, and Others. In term of end-user, the market has been segmented into hospital laboratories, clinical laboratories, pharmaceutical & biotechnology companies, reference laboratories, academics and others
At regional level, global Enzyme Immunoassay (EIA) Reagents and Kits market has been segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. In terms of revenue, North America is major contributor for Enzyme Immunoassay (EIA) test products. Higher adoption of new technologically advanced products and rising awareness for early disease diagnosis propels market growth in the region. Increasing awareness of diseases among peoples that leads to regular check-ups for disease management drives the Enzyme Immunoassay (EIA) test market in North America.
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The market in North Americas is expected to sustain its growth in the forecast period. North America is followed by Europe which is second largest revenue contributor for global Enzyme Immunoassay (EIA) Reagents and Kits market. The market in Europe is growing steadily because of high prevalence and incidence of disease in the region. Also, the presence of well-established diagnostic laboratories that offers fully automated Enzyme Immunoassay (EIA) test systems with increased efficiency of tests. Asia Pacific is third promising revenue contributor which is expected to grow at rapid pace in upcoming year. Countries such as Japan, India and China are major contributors for this market. Emerging and huge population base countries such as China and India offers tremendous market opportunities. Many global manufacturers are trying to capture this market.
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