Press release
Neuroscience Antibodies & Assays Global Market Size Expected to Reach 7.68 Billion at a CAGR of 13.5% By 2028 | Key Players: Abcam PLC, BioLegend Inc., Merck KGaA, RayBiotech Inc., F. Hoffmann-La Roche AG
The Business Research Company presents an extensive market research report on the ""Neuroscience Antibodies & Assays Global Market Report 2023,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Neuroscience Antibodies & Assays industry. This report on Neuroscience Antibodies & Assays market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The neuroscience antibodies & assays market size has grown rapidly in recent years. It will grow from $4.1 billion in 2023 to $4.63 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to research funding, drug discovery and development, neurodegenerative diseases, government initiatives, personalized medicine. The neuroscience antibodies & assays market size is expected to see rapid growth in the next few years. It will grow to $7.68 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%.
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Key Market Players:
Abcam PLC, BioLegend Inc., Bio-Rad Laboratories Inc., Cell Signaling Technology Inc., F. Hoffmann-La Roche AG, The Progressive Corporation are prominent players in the Neuroscience Antibodies & Assays industry.
Market Drivers:
The increase in incidents of neurological illnesses across the globe are expected to propel the growth of the neuroscience antibodies & assays market going forward. Neurological illnesses are disorders and affecting the nervous system, and examples of neurological disorders include epilepsy, Alzheimer's disease, dementia, and so on. The rise in the number of neurological illnesses requires more research and development activities for the treatment of these diseases. Antibodies and assays are used in research and development activities to study development, systems, structure and function, and disorders and degeneration of the nervous system. Thus, the neuroscience antibodies & assays market grows with the increase in incidents of neurological illnesses. For instance, According to the World Health Organization, a Switzerland-based health promotion agency 55 million people live with dementia globally, and there are nearly 10 million new cases every year as per 2021 data.
More information about the Global Neuroscience Antibodies & Assays Market Report -
https://www.thebusinessresearchcompany.com/report/neuroscience-antibodies-and-assays-global-market-report
Market segments for Neuroscience Antibodies & Assays include:
1) By Product: Consumables, Instruments
2) By Technology: Molecular Diagnostics, Clinical Chemistry, Immunoassays Or Immunochemistry, Others Technologies
3) By Application: In Vitro Diagnostics, Research, Drug Discovery
4) By End User: Hospitals And Diagnostics Centers, Academic And Research Institutes, Pharmaceutical And Biotechnology Companies
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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