Press release
Future Outlook of Immunoassay Market to reach USD 25590.0 Million by 2025 | Detailed Analysis by Roche, Abbott Laboratories, Siemens, Danaher, Diasorin, Sysmex
The global Immunoassay Market is thoroughly analysed by covering major segments of the market. An in-depth market segmentation is covered below that reflects the vital elements included in the Immunoassay market research report. According to market is projected to grow at a stellar CAGR during the period of assessment, 2020-2024.Global Immunoassay Market overview:
The report of global Immunoassay Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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The Immunoassay industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Immunoassay market size to maintain the average annual growth rate of 0.0409503969693 from 15570.0 million $ in 2014 to 19030.0 million $ in 2019, market analysts believe that in the next few years, Immunoassay market size will be further expanded, we expect that by 2024, The market size of the Immunoassay will reach 25590.0 million $.
With the slowdown in world economic growth the immunoassay-based Point-of-Care testing and rapid testing industries have witnessed significant growth over the last few years owing to the increasing adoption of Point-of-Care testing products in home care as well as in hospitals. Factors such as the rising prevalence of chronic and infectious diseases, technological advancements in Point-of-Care testing products, and growing patient awareness of Point-of-Care testing are some of the major factors driving the demand for immunoassay-based Point-of-Care testing and rapid testing across the globe.
On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
1 Chemiluminescence Immunoassays
2 Fluorescence Immunoassays
3 Colorimetric Immunoassays
4 Radioimmunoassays
The Chemiluminescence Immunoassays segment accounted for the largest share of the immunoassay market in 2017. The large share of this segment can primarily be attributed to the low cost and high sensitivity of Chemiluminescence Immunoassays -based tests.
Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
1 Hospitals
2 Clinical Laboratories
3 Pharmaceutical And Biotechnology Companies & Cros
4 Blood Banks
5 Research & Academic Laboratories
The hospitals segment accounted for the largest share of the immunoassay market in 2017. The large share of this segment is primarily attributed to the fact that most diagnostic tests are performed in hospitals or hospital-attached laboratories due to easy access to reports and smooth logistics. Additionally, these laboratories also work as reference laboratories to small hospitals and physician offices.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the major players that operate in the Global Immunoassay Market are Roche, Abbott Laboratories, Siemens, Danaher, Diasorin, Sysmex, Biomerieux, Ortho Clinical Diagnostics, Qiagen, Thermo Fisher Scientific, Becton, Dickinson & Company, Bio-Rad Laboratories, Agilent Technologies, Mindray, Perkinelmer, Quidel, Merck, Bio-Techne
Key Questions Answered in this Report:
1 What will the market size be in 2023?
2 What are the key factors driving the Global Immunoassay Market?
3 What are the challenges to market growth?
4 Who are the key players in the Global Immunoassay Market?
5 What are the market opportunities and threats faced by the key players?
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Immunoassay Market: Region-wise Outlook
Asia Pacific was a prominent market for Immunoassays in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Immunoassay market in Asia Pacific.
There are several manufacturers of Immunoassays in Europe and North America. North America accounted for the largest share of the market. The availability of government funds, growing use of immunoassays in clinical diagnostics, and the presence of key players in the region are driving the market in North America.
In Europe, the demand for Immunoassay is anticipated to be primarily from the commercial sector. Immunoassays are being employed widely for flooring in commercial complexes, which is estimated be a major factor that is likely to propelling the consistent expansion of the Immunoassay market in the region.
Demand for Immunoassays in Middle East & Africa is projected be primarily due to the utilization of Immunoassays in the construction industry. In recent years, there has been exceptional growth in the construction industry of UAE and Egypt which has driven the market of Immunoassays in the region of Middle East & Africa
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Table of Contents:
Global Immunoassay Market Report 2020
1 Immunoassay Definition
2 Global Immunoassay Market Major Player Share and Market Overview
3 Major Player Immunoassay Business Introduction
4 Global Immunoassay Market Segmentation (Region Level)
5 Global Immunoassay Market Segmentation (Product Type Level)
6 Global Immunoassay Market Segmentation (Industry Level)
7 Global Immunoassay Market Segmentation (Channel Level)
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