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Autoimmune Disease Diagnosis Global Market Report 2024 To 2033 | Siemens Healthineers AG, Abbott Laboratories, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, F. Hoffmann-La Roche Ltd
Autoimmune Disease Diagnosis Market Share
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According to The Business Research Company's, The autoimmune disease diagnosis market size has grown strongly in recent years. It will grow from $5.56 billion in 2023 to $6.05 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to rising incidence of autoimmune diseases, emerging markets growth, increased healthcare expenditure, and high prevalence in women.
The autoimmune disease diagnosis market size is expected to see strong growth in the next few years. It will grow to $8.36 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increased funding for autoimmune (ai) diagnostics, faster economic growth, growing awareness about autoimmune diseases, and biomarker discovery. Major trends in the forecast period include partnering with other players, investing in with artificial intelligence companies, collaborating with the government, and developing at-home rapid test kits.
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Market Drivers and Trends:
A high incidence of autoimmune diseases contributed to the growth of the autoimmune disease diagnosis market. For instance, in February 2023, according to Multiple Sclerosis Australia, an Australia-based national non-profit organization dedicated to research and advocacy on behalf of those aggrieved by multiple sclerosis, there were 33,335 Multiple Sclerosis patients in Australia in 2021, a 30% (7,728) increase over the preceding four years (25,607). Therefore, increasing incidence of autoimmune diseases across the globe is driving the growth of the autoimmune disease diagnosis market.
Biosensors and nano biosensors for rapid detection is a novel tool for the detection of antibodies in the autoimmune disease diagnosis market. They are highly preferred because of low cost, high sensitivity, simple to use, multiplexing abilities and rapid diagnosis. Besides measuring the quantity of antibodies in human blood serum with extremely high sensitivity, it also quantifies the activity of antibodies as the assay employs portable optical label-free biosensors based on the spectral correlation interferometry. This point of care technology gives a more integrated, informative, timely and precise diagnosis of autoimmune diseases when compared to the conventional ones.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Siemens Healthineers AG, Abbott Laboratories, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, F. Hoffmann-La Roche Ltd, Danaher Corporation, AESKU Diagnostics GmbH & Co. KG, Trinity Biotech plc., bioMérieux SA, SQI Diagnostics, SCHILLER Healthcare India Pvt. Ltd, Covidien Healthcare India Private Limited, Philips Healthcare India, Fisher & Paykel Healthcare India Private Limited, Smith's Medical India Pvt Ltd, Agappe Diagnostics Ltd, Accord Medical Products Private Limited, Terumo Corporation, Olympus Medical Systems Corporation, Canon Medical Systems Corporation, Hitachi Group, Nihon Koden Corporation, Sanko Manufacturing Co.,Ltd, Fukuda Denshi, Metran Co., Ltd , Shinva Medical Instrument Company Limited, Shandong WeiGao Group Medical Polymer Company Limited, Lepu Medical Technology Company (Beijing) Co., Ltd, Yuwell - Jiangsu Yuyue Medical Equipment & Supply Co., Ltd, Shanghai Runda Medical Technology Co., Ltd, GE Healthcare China Co., Ltd, Roche Holding AG, Koninklijke Philips, Theradiag, Sanofi, Fresenius Medical Care, Novartis, Merck, Bayer, Medtronic, Draegerwerk AG, Getinge Group, Themis Bioscience, Stryker, Apotex, Bausch Health, Pfizer, HYCOR Biomedical, Exagen Inc, Kronus, Inova Diagnostics, Masimo, Teleflex Inc, 3M, Johnson & Johnson, Becton Dickinson, B. Braun Medical Inc, ResMed Inc
Autoimmune Disease Diagnosis Market 2024 Key Insights:
• The autoimmune disease diagnosis market size is expected to see strong growth in the next few years. It will grow to $8.36 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.
• Elevated Incidence Of Autoimmune Diseases A Catalyst For The Autoimmune Disease Diagnosis Market
• Innovative Biosensors And Nano-Biosensors Revolutionizing Autoimmune Disease Diagnosis
• North America was the largest region in the autoimmune disease diagnosis market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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