Press release
Immunoassay Market 2027 is Estimated Globally Net Worth at $37,987.8 Million Led by Abbott, Siemens, bioMérieux SA, BD, Danaher Corporation, Ortho Clinical Diagnostics, Sysmex Corporation, Thermo Fisher Scientific
New Market Research Study titled 'Immunoassay market to 2027 - Global Analysis and Forecasts by Product, Technology, Application, End User'. The global immunoassay market is expected to reach US$ 37,987.8 Mn in 2027 from US$ 21,800.00 Mn in 2018. The market is estimated to grow with a CAGR of 6.5% from 2019-2027. The report highlights the trends prevalent in the global immunoassay market and the factors driving the market along with those that act as deterrents to its growth.The market for immunoassay is expected to grow, owing to factors such as rising incidences of chronic and infectious diseases, technological advancements in immunoassay devices, and growing biotechnology & biopharmaceutical industries have been boosting the market over the years. However, the stringent regulatory requirements for immunoassay devices are likely to have a negative impact on the growth of the market in the coming years.
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Global Immunoassay Market – By Product
• Reagents & Kits
• Analyzers & Instruments
o Open-Ended Systems
o Closed-Ended Systems
• Software & Services
Global Immunoassay Market – By Technology
• Enzyme-linked Immunosorbent Assays (ELISA)
• Fluorescence
• Chemiluminescence
• Rapid Test
• Western Blot
• Enzyme-linked Immune Absorbent Spot (ELISPOT)
• Polymerase Chain Reaction (PCR)
Global Immunoassay Market – By Application
• Therapeutic Drug Monitoring
• Oncology
• Cardiology
• Endocrinology
• Infectious Disease Testing
• Autoimmune Diseases
• Other Applications
Global Immunoassay Market – By End User
• Hospitals
• Blood Banks
• Clinical Laboratories
• Pharmaceutical & Biotech Companies
• Academic Research Centers
• Others
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Immunoassay market based on product and application. It also provides market size and forecast till 2027 for overall Immunoassay market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
The reports cover key developments in the Immunoassay market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Immunoassay market are anticipated to lucrative growth opportunities in the future with the rising demand for Immunoassay market in the global market.
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