Immunoassay Market Worth Observing Growth | Abbott Laboratories, Siemens, Danaher Corporation, Sysmex Corporation, bioMérieux

Immunoassay Market report covers share, size, and forecast by top players, regions, applications, and product types, and forecast from 2023 to 2032, along with historical data. The Immunoassay Market study covers in-depth insights on competitive scenario, description, wide product portfolio of key vendors, SWOT analysis, business strategy adopted by competitors, revenue, Porter's Five Forces Analysis, and sales estimates. The report's primary objective is to supply a further illustration of the newest scenario, economic slowdown, and War situations impact on the overall industry and exhaustive scope to cover all the possible segments helping every stakeholder in the Immunoassay market.

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Immunoassay is a test conducted to determine concentration of macromolecule in a solution using antibody or immunoglobulin. The macromolecule detected is known as analyte. Immunoassay is used to measure quantity of analytes in serum and urine for medical and research purposes. It is also used in qualitative, quantitative and radioactivity procedures to ensure accuracy of results obtained. High sensitivity and specificity of immunoassays are used to speed up the reactions.

Key Factors Impacting Market Growth:

Rising incidences of chronic & infectious disease and use of immunoassays in Oncology are factor propelling the growth of the world immunoassay market. In addition, technological advancements and sensitivity, cost effectiveness, & rapid analysis offered by immunoassays supplement the growth.

Recent Development:

• In June 2022, Roche received Emergency Use Authorization from the FDA for the Cobas SARS-CoV- 2 Duo for use on the fully automated Cobas 6800/8800 Systems.
• In July 2021, Beckman Coulter entered into an agreement with Quidel Corporation to gain rights for the manufacturing, distribution, and sales of a BNP assay by Quidel for Beckman Coulter analyzers.
• In December 2020, Abbott received US FDA EUA for its BinaxNOW COVID-19 Ag Card Rapid Test.

Key Players

The market players are
• Abbott Laboratories
• Siemens
• Danaher Corporation
• Sysmex Corporation
• bioMérieux
• Ortho Clinical Diagnostics
• DiaSorin
• QIAGEN
• Thermo Fisher Scientific
• Becton
• Dickinson and Company
• Bio-Rad Laboratories
• Agilent Technologies
• PerkinElmer
• Quidel Corporation
• Bio-Techne Corporation
• Mindray

Segment analysis
Immunoassay Market is segmented

By Product & Service (Reagents & Kits, Analyzers, Software)
By Technology (ELISA, Rapid Test), By Platform (Radioimmunoassay, Chemiluminescence Immunoassays, Fluorescence Immunoassays, Colorimetric Immunoassays)
By Specimen (Blood, Saliva, Urine, Other), By Application (Infectious Diseases, Oncology, Cardiology), By End User (Hospitals, Clinical Laboratories, Blood Banks)

Regional analysis:

➸ North America (United States, Canada and Mexico)
➸ Europe (Germany, UK, France, Italy, Russia and Turkey, Rest of Europe)
➸ Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam Rest of Asia)
➸ South America (Brazil, Argentina, Columbia, Reset of South America)
➸ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and Rest of South Africa & Middle East)

FIVE FORCES and PESTLE ANALYSIS:

In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.

-Political (Political policy and stability as well as trade, fiscal and taxation policies)
-Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
-Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
-Technological (Changes in digital or mobile technology, automation, research and development)
-Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
-Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)

Purchase this report for the following reasons:

• The Immunoassay Market research provides a detailed examination of evolving competitive dynamics.
• It provides a forward-looking viewpoint on numerous driving variables or market evolution prevention strategies.
• It presents a Ten-year prediction based on how the Immunoassay Market is expected to expand. It aids in the knowledge of major product areas and their future prospects in the Immunoassay industries.
• It gives a precise understanding of changing competitive dynamics and keeps one-step ahead of the competition.
• It assists in making informed commercial decisions by providing complete market insights and extensive market segment analyses.

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