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Chemiluminescence Immunoassay Market Expected to Reach $18.97 Billion by 2034, Growing at a CAGR of 4.6%
Chemiluminescence Immunoassay Market
Market Definition
Chemiluminescent immunoassay is the disparity of the regular enzyme immunoassay (EIA), which is a biochemical approach utilized in immunology. They can also be utilized as diagnosis instruments in medicine and are utilized in many other varied industries for several applications. In the course of EIA, the procedure uses enzyme labelled antibodies and antigens to discover compact biological molecules needed. This approach utilizes the fundamental immunology notion that an antigen secures a particular antibody.
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Growth Drivers and Opportunities
• Several reasons have contributed to the expansion of the chemiluminescence immunoassay market in recent years. Among these is the acquisition of automated systems and digital technologies improving laboratory enterprise productivity and preciseness. They are preferred for their capacity to process high-volume specimens.
• The market size will expand due to point-of-care testing as healthcare establishments classify speedy and decentralized diagnostics. Chemiluminescence-dependent POC gadgets offer precise outcomes for crucial markers such as cardiac troponins and thyroid-stimulating hormones.
Key Players
The market involves many eminent firms that diligently advance and provide inventive outcomes for diagnostic requirements. Here is the list of the leading companies operating in the chemiluminescence immunoassay market:
• Abbott Laboratories
• Beckman Coulter
• Biokit
• BioMérieux
• DiaSorin
• Fujirebio Diagnostics
• Mindray Medical International
• Ortho Clinical Diagnostics
• PerkinElmer
• Randox Laboratories
• Roche Diagnostics
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Chemiluminescence Immunoassay Market Report Highlights
• The reagents segment, based on product, dominates the chemiluminescence immunoassay market share due to their frequent usage in diagnostic tests. The consumables segment is expected to register the highest growth, driven by the increasing adoption of disposable items such as cartridges and microplates in laboratories and point-of-care settings.
• By sample type, the blood sample segment holds the largest share of the market due to its reliability and wide application in various medical tests. Saliva-based testing is the fastest-growing segment, driven by its noninvasive nature and increasing use in disease diagnostics such as COVID-19 and hormonal tests.
• The electrochemiluminescence Immunoassay (ECLIA) segment, by technology, holds the largest market share due to its high sensitivity and precision, particularly in detecting low analyte concentrations. The microparticle chemiluminescence immunoassay (MCLIA) segment is expected to grow the fastest, driven by its ability to increase sensitivity and reduce assay times, particularly in high-throughput environments.
Segmentation Overview
The chemiluminescence immunoassay market analysis is mainly based on product, sample type, technology, application, and region. Based on product, the reagents segment witnessed the fastest growth. Reagents are important for assay workflows and are consumed consistently due to repeated demand in diagnostic processes.
According to sample type, the blood sample segment holds a significant revenue share. Blood samples have the inherent capacity to provide thorough diagnostic perspectives for conditions such as detrimental illnesses, contamination disorders, and metabolic inconsistencies.
By Product Outlook (Revenue - USD Billion, 2020 - 2034)
• Instruments
• Consumables
• Reagents
• Others
By Sample Type Outlook (Revenue - USD Billion, 2020 - 2034)
• Blood
• Urine
• Saliva
• Others
By Technology Outlook (Revenue - USD Billion, 2020 - 2034)
• Chemiluminescence Enzyme Technology
• Electrochemiluminescence Immunoassay
• Microparticle Chemiluminescence Immunoassay
By Application Outlook (Revenue - USD Billion, 2020 - 2034)
• Therapeutic Drug Monitoring
• Oncology
• Cardiology
• Endocrinology
• Infectious Diseases
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Geographical Landscape
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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