openPR Logo
Press release

 The Radioimmunoassay Kits market to go upwards in the next 10 years

01-25-2021 06:05 AM CET | Health & Medicine

Press release from: Persistence Market Research

Radioimmunoassay (RIA), is an in-vitro technique, used for measuring concentrations of various antigens such as hormones, which are of clinical and biological importance. Radioimmunoassay works on the principle of binding assay, in which the binder is an antibody, which binds to the antigen, and the amount of bound antigen is measured using radioactivity. Radioimmunoassay has gained significant importance in the field of medical diagnostics, due to certain factors such as precision, accuracy, specificity of results, and sensitivity. Radioimmunoassay involves three important factors, a pure antigen, a radio labelled antigen, and an antibody, along with a separation unit to evaluate the distribution of radioactivity in free and bound antigens. The accuracy and sensitivity of the assay mainly depends upon the quality of antigens and antibodies taken, and the choice of separation techniques. Radioimmunoassay kits are used to perform the in-vitro procedure of the assay. The kits come in varied forms and types, and include a buffer solution for radioimmunoassay, a standard peptide in lyophilized powder form, an antibody in lyophilized powder which is specific to the antigen / peptide, a normal IgG serum, and an antibody IgG serum, along with a positive control for the test, and a separation technique of choice. The radioimmunoassay kits include, plates, tubes and reagents for different number of tests such as 50 test, 100 tests, 125 tests, etc.

Increasing use of radioimmunoassay (RIA) in in-vitro diagnostics segment of the healthcare industry such as research institutes, diagnostic laboratories, pharmaceutical companies, and other healthcare settings, has led to increase in demand for radioimmunoassay kits. Widened applications of the radioimmunoassay technique such as radioimmunoassay for measuring progesterone in cow’s milk is expected to fuel the demand for radioimmunoassay kits. Furthermore, technological advances in the field of in-vitro diagnostics, increasing demand for accuracy and quality results, and demand for more advanced reagents and kits, is expected to drive the growth of the global radioimmunoassay kits market during the forecast period of 2016-2024. But, use of hazardous radioactive materials in the assay, and high cost of equipment required for the procedure, are some factors which are anticipated to limit the growth of the global radioimmunoassay kits market.

To remain ‘ahead’ of your competitors, request for a sample here@

https://www.persistencemarketresearch.com/samples/12298

The global market for radioimmunoassay kits is segmented on basis of applications, end user and geography:

Segmentation by Application
Infectious Disease Testing
Allergy Testing
Oncology Testing
Endocrine Testing
Toxicology Testing
Autoimmune Disease Testing
Others (Research, etc.)
Segmentation by End User
Hospitals
Ambulatory Surgery Centers
Diagnostic Laboratories
Pharmaceutical Industries
Academic Research Institutes

To receive extensive list of important regions, Request Methodology here @

https://www.persistencemarketresearch.com/methodology/12298

Based on applications, the oncology testing application accounted for the largest market share of the global radioimmunoassay kits market in 2015. Increasing tobacco smoking and other carcinogenic factors has led to an increase in number of cancer patients and it has been the major factor driving the growth of the oncology application segment in the global radioimmunoassay kits market. According to the American Cancer Society, in 2015, there were around 15.4 Mn cancer survivors in the U.S. alone, with almost 1.6 Mn new cancer cases detected every year. Prostate cancer was the most prevalent forms of cancer in males with around 3.3 Mn people suffering from it in 2015, while in females, breast cancer was the most prevalent affecting an estimated 3.5 Mn females in the U.S. in 2015. Also, a booming allergy testing segment due to increasing prevalence of food and inhaled allergies around the world, is expected to drive the segment growth in the global radioimmunoassay kits market during the forecast period of 2016-2024.

On the basis of regional presence, global radioimmunoassay kits market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America region is expected to lead the global radioimmunoassay kits market due to advanced healthcare infrastructure, advancements in diagnostic technologies, higher demand for quality and accurate tests, and availability of reimbursement policies. Asia Pacific market is anticipated to grow at the fastest growth rate during the forecast period, owing to factors such as increasing cancer incidences and allergies especially food allergies in countries of China, Japan, Singapore, Australia and India. Growing medical tourism and high growth of the In-vitro Diagnostics (IVD) in these countries, is expected to drive the growth of radioimmunoassay kits market during the forecast period of 2016-2024.

You Can Request for TOC Here @

https://www.persistencemarketresearch.com/toc/12298

Some of the major players in global radioimmunoassay kits market are Beckman Coulter, DIAsource ImmunoAssays SA, DiaSorin S.p.A., EMD Millipore (U.S.), Berthold Technologies GmbH & Co. KG, Cisbio, IBL International, Euro Diagnostica AB, Izotop, MP Biomedicals, PerkinElmer, Stratec Biomedical AG, DRG International.

Explore Extensive Coverage of PMR`s

Life Sciences & Transformational Health Landscape

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Naved Beg
Persistence Market Research
Address – 305 Broadway, 7th Floor New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release  The Radioimmunoassay Kits market to go upwards in the next 10 years here

News-ID: 2230314 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Testing

Global Testing Market Size - By Product Type(Terpene Profiling Testing,Heavy Met …
Market Overview and Report Coverage testing refers to the scientific analysis and evaluation of products to ensure their safety, potency, and compliance with regulatory standards. This process typically involves testing for profiles, contaminants, pesticides, heavy metals, and microbial residues. As becomes increasingly legalized for medicinal and recreational use across various regions, the demand for reliable testing services is growing, ensuring consumers receive high-quality
Sterility Testing Market, Sterility Testing Market Analysis, Sterility Testing M …
"According to the research report, the global synthetic biology market was valued at USD 13.07 billion in 2022 and is expected to reach USD 71.51 billion by 2032, to grow at a CAGR of 18.5% during the forecast period." Request Our Free Sample Report for Synthetic Biology Market Insights and Emerging Trends @ https://www.polarismarketresearch.com/industry-analysis/synthetic-biology-market/request-for-sample Report Overview Polaris Market Research, a leading global market research and consulting company, has recently published its latest report
Hemato Oncology Testing Market Global Hemato Oncology Testing Market, Hemato Onc …
Global Hemato Oncology Testing Market Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study
Test Automation Market | latest automation testing tools, automation testing too …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Test Automation Market “ The “Test Automation Market” report provides analysis of the global test automation market for the period 2015–2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. The report precisely
Molecular Diagnostics Market Application On Infectious Disease Testing, Cardiova …
Worldwide Market Reports recently released “Global Molecular Diagnostics Market Research Report 2017” that centers around the latest developing trends and technologies in the Molecular Diagnostics Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives and other
Test Automation Market Quadruples by 2023; with a ~ 15.34 % of Whooping CAGR | C …
New Market Research Reports Title "Test Automation Market 2018" Has Been Added to Crystal Market Research Report database. Test Automation Market - Competitive Insights: The leading players in the market are Cognizant Corporation, IBM, Hewlett-Packard, Capgemini, Tata Consultancy Services and Infosys. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry. The Test