Press release
Demand for Autoimmune Diseases Diagnostics is Highest in North America
The autoimmune disease diagnostics market is on the way of growth, and this trend will continue to grow in the years to come as well.The detection of new biomarkers, growing number of strategic development actions amongst key players, increasing occurrence of autoimmune diseases, and implementation of initiatives by numerous public and private organizations for increasing awareness about autoimmune ailments are the main factors powering the global industry growth.
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The consumables and assay kits were the most used by the people all over the world. This will continue its domination in the future because of the existence of several industry players offering diagnostic test kits.
Moreover, the rising incidence of autoimmune diseases and growing count of research activities for recognizing their underlying reasons are driving the growth of the industry.
The RA category will grow the fastest for autoimmune disease diagnostics solutions in the future due to the high occurrence of RA globally.
Hospitals led the industry in the past. They will continue their lead by the end of this decade. This is because of the growing use of cutting-edge products, increasing occurrence of chronic autoimmune ailments, growing count of awareness campaigns and conferences conducted by public and private organizations, and fast improving healthcare infra all over the globe.
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North America led the autoimmune disease diagnostics market because of the increasing healthcare spending, increasing frequency of autoimmune ailments, growing populace of elderly people, and presence of prominent industry players.
The presence of key players is one of the foremost factors powering the need for autoimmune disease diagnostic solutions in the APAC.
Also, the obtainability of cheap labor and cost-effective diagnostic tests, increasing elderly population, and initiatives by public and private entities for raising consciousness pertaining to autoimmune diseases are positively affecting the market growth.
One of the main trends witnessed in the industry is the discovery of novel biomarkers for diagnosis of autoimmune diseases. For instance, researchers the University of Alberta recognized a novel biological marker for recognizing the presence of myasthenia gravis, a rare autoimmune ailment, in August 2019. This can also be used to predict the course of the ailment and making novel personalized treatment processes.
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The increasing occurrence of autoimmune diseases is likewise adding wings to the global industry. According to the Johns Hopkins University, approximately 3% of the individuals of the U.S. suffer from autoimmune diseases on a yearly basis. This means that this kind of health issues affect about 10 million people in the nation.
It is because of the increasing awareness about autoimmune diseases all over the world, the demand for autoimmune diseases diagnostics all over the world is on the rise. This trend will also continue in the future.
Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://www.psmarketresearch.com/blogs
About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.
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