Immunoassay Market Size, Share - Industry Growth 2021
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The immunoassay market is expected to reach USD 25.45 billion by 2021 from USD 17.16 billion in 2016 at a CAGR of 8.2%. The global immunoassay market is segmented based on product & service, technology, application, enduser, and region. The reagents & kits segment is expected to account for the largest market share of the immunoassay market during the forecast period. The high growth in this segment can be attributed to the expanding use of immunoassay tests worldwide.
On the basis of technology, the ELISA segment is expected to account for the largest share of the market in 2016. Expanding use of immunoassay tests in cancer, point-of-care in vitro diagnostics, infectious disease testing, and therapeutic drug level monitoring as well as the introduction of novel biomarkers will drive the growth of this market.
On the basis of application, the market is segmented into infectious diseases, endocrinology, bone and mineral disorders, oncology, cardiology, hematology and blood screening, autoimmune diseases, toxicology, neonatal screening, and other applications. The rise in incidence of HIV, tuberculosis, hepatitis, and other hospital-acquired infections has fueled the demand for immunoassay tests in the infectious diseases segment.
Geographically, the immunoassay market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Growth in the North American region is primarily driven by rapidly increasing aging population and the concomitant rise in the prevalence of diseases as well as the growing life expectancy.
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Key Points From Table Of Content :
Company Profiles :
(Overview, Products and Services, Financials, Strategy & Development)*
• F. Hoffmann-La Roche Ltd.
• Beckman Coulter, Inc. (Subsidiary of Danaher Corporation)
• Bio-Rad Laboratories, Inc.
• Siemens AG
• Sysmex Corporation
• Biomérieux Sa
• Alere Inc.
• Becton, Dickinson and Company
• Ortho Clinical Diagnostics, Inc.
• Abbott Laboratories, Inc.
Immunoassay Market, By Technology :
Enzyme-Linked Immunosorbent Assay (ELISA)
• ELISA Market, By Platform
• Chemiluminescence Immunoassay (CLIA)
• Fluorescence Immunoassay (FIA)
• Colorimetric Immunoassay (CI)
• ELISA Market, By Type
• First Generation
• Second Generation
• Third Generation
• Fourth Generation and Above
Polymerase Chain Reaction (PCR)
Apart from comprehensive geographic and product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by the market players to maintain and increase their shares in the market. The above mentioned market research data, current market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output in order to remain successful in the immunoassay market.
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