Press release
Immunoassay Market to reach USD 47.11 Bn by 2029, emerging at a CAGR of 6.50 percent and forecast 2023-2029
Immunoassay Market , Immunoassay Market Share,
The Immunoassay Market Report by Maximize Market Research Pvt Ltd, Pune, India, encompasses a comprehensive scope and a robust research methodology to provide a detailed understanding of this thriving sector. The report's scope extends across various facets of immunoassay technologies and their applications in pharmaceutical analysis. It thoroughly examines the quantitation of analytes through antigen-antibody reactions, emphasizing their pivotal role in disease diagnosis, therapeutic drug monitoring, and bioequivalence studies within the pharmaceutical industry.
To compile this report, a meticulous research methodology was adopted. It involved an extensive analysis of fifteen key players operating in diverse regions. The approach considered market leaders, followers, and new entrants, incorporating investors' perspectives to evaluate market dynamics accurately. The methodology prioritized assessing market size, profiling industry players comprehensively, and scrutinizing competitive rankings. It also encompassed an in-depth exploration of regional nuances, forecasting turnovers, identifying industry drivers, and elucidating key challenges faced by stakeholders.
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What are Immunoassay Market Dynamics:
The prevalence and incidence of cancer cases are dramatically increasing globally, thus the application of immunoassay for early diagnosis and monitoring of cancer is growing gradually. According to American Cancer Society, lung cancer is one of the most common forms of cancer. In 2022, nearly 2.09 million people across the globe were living with lung cancer, and according to the WHO, this number is increase by 2.27 million in 2022. Immunoassays have been one of the fast-growing clinical diagnostics technologies over the years. The technological advancements in immunoassays driven by the need for early detection of diseases have supported their adoption over the years, and hence have supported the immunoassay market growth.Important advances have been made in the design of immunochemical approaches that allow small molecules, such as drugs, metabolites, and toxins, to substitute dynamic format assays with non-competitive formats, bringing advantages are previously seen only with large molecular analytes.
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Immunoassay Market Regional Insights:
In contrast, the Asia-Pacific region stands out as the fastest-growing segment, with an expected CAGR of 7.0Percent. This growth surge is attributable to the region's high prevalence and incidence rates of chronic and infectious diseases, which have prompted an increase in per capita healthcare expenditure. Intensified competition among diagnostic laboratories and hospitals in the Asia-Pacific market has fueled the demand for high-quality immunoassay analyzers, reagents, and kits. This competition drives product differentiation, which, in turn, augments the market's expansion within the region.
These regional insights underscore the varying market dynamics across geographies, highlighting North America's dominance and the Asia-Pacific region's rapid growth trajectory. The Immunoassay Market's evolution in these distinct regions signifies opportunities and challenges for industry stakeholders, prompting strategic considerations and tailored approaches to capitalize on regional nuances and emerging trends.
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What is Immunoassay Market Segmentation:
by Technology
Radioimmunoassay (RIA)
Enzyme Immunoassay (EIA)
Rapid test
Others
by Product
Reagents & kits
Analyzers/instruments
Software & services
by Application
Therapeutic drug monitoring
Oncology
Cardiology
Endocrinology
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Who are Immunoassay Market Key Players:
1. Siemens Healthineers
2. Becton
3. Dickinson & Company
4. BioMérieux
5. Abbott laboratories
6. Roche Diagnostics
7. Danaher Corporation
8. Ortho Clinical Diagnostics
9. Sysmex Corporation
10. Thermo Fisher Scientific, Inc.
11. Quidel Corporation
12. Agilent Technologies
13. PerkinElmer
14. Mindray
15. DiaSorin
Table of content for the Immunoassay Market includes:
1. Global Immunoassay Market : Research Methodology
2. Global Immunoassay Market : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Immunoassay Market : Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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