Press release
Radioimmunoassay Market Size, Share, Growth and Trends, Report 2024-2031
Global Radioimmunoassay Market is expected to grow at a CAGR of 4% during the forecast period (2024-2031).Radioimmunoassay (RIA) is a widely used in-vitro technique for measuring the concentration of antigens in the blood. This method leverages the specificity of antibody-antigen binding to isolate proteins from a mixture, and then quantifies these proteins using radioactivity. Due to its high sensitivity, RIA can detect very small amounts of hormones or medication levels, making it a valuable tool in both clinical and research settings.
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Market Dynamics:
The development of a novel lab-on-a-chip platform for high-throughput radioimmunoassay is expected to drive market growth.
Radioimmunoassay (RIA) is known for its high specificity and sensitivity in measuring antigens, but it has limitations such as long incubation times and the generation of radioactive waste. To address these issues, an advanced version of RIA called μ-RIA has been developed. μ-RIA is based on a lab-on-a-chip (LOC) platform, which optimizes the RIA procedures, including surface modification, immunoreaction time, and washing processes.
Using a commercial RIA kit on the μ-RIA platform, analysis can be completed in just 5 minutes. This method significantly reduces reagent consumption compared to traditional RIA. Additionally, μ-RIA provides a standard curve that allows for accurate quantitative evaluation of antigens in unknown samples. These improvements suggest a promising growth trajectory for the μ-RIA market in the forecast period.
Segment Covered in Radioimmunoassay Market:
By Product: Analyzers, Reagents, and kits.
By Application: Clinical Diagnostics, Scientific Research, Others.
By End-User: Hospitals, Pharmaceutical Industries, Clinical Diagnostic Laboratories, Contract research organization, Other.
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Key players involved in Radioimmunoassay Market:
• Beckman Coulter, Inc.
• DIAsource ImmunoAssays SA
• DRG International, Inc.
• MP Biomedicals, LLC
• DiaSorin S.p.A
• Merck KGaA
• Izotop
• Autobio Diagnostics Co., Ltd
• EUROIMMUN Medizinische Labordiagnostika AG
• Immuno-Biological Laboratories, Inc
*Note:
• Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.
Regional Analysis:
The Radioimmunoassay Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Radioimmunoassay Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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Website: https://www.datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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