openPR Logo
Press release

Immunoassay Instruments Market - Global Industry Insights, Trends, and Opportunity Analysis, 2017–2025

10-23-2017 03:51 PM CET | Health & Medicine

Press release from: Medical Devices Market Report

Immunoassay Instruments Market - Global Industry Insights,

Immunoassay Instruments are bioanalytical devices used to perform automated biochemical tests for the detection of various substances or specific proteins in the samples. The immunoassay instruments, also known as analyzers are used in hospitals and clinical laboratories to detect the concentration and presence of analytes in the blood, plasma and urine samples. The immunoassay tests rely on the ability of antibody binding to a specific structure of molecule present in the analytes. The concentration of proteins is measured using the specific antigen-antibody binding properties. The quantification and identification of proteins in the analyte sample is done by using the antibody as a reagent. The advantages of using immunoassay instruments are the minimal human resistance, simultaneous screening of multiple samples. The high sensitivity, reliability, and applicability to a range of compounds, distinctive selective and detection abilities at extremely low concentrations of nanogram to pictogram make immunoassays a powerful tool.

A wide variety to address health problems drives the immunoassay instruments market

According to the Disease Prevention and Health Promotion estimates in 2017, the immunoassay techniques have prevented up to 14 million lives with early diagnosis, reducing the healthcare costs by $9.9 billion. The adoption of automated techniques to test various substances including antibiotic, anticonvulsant or cardiac glycoside drug concentration determination, cancer markers, endocrine hormone testing drives the market. Rising prevalence of infectious diseases with early diagnosis, prevention, and treatment is the main factor boosting the demand for compact consumable products and instruments in the healthcare sector. The launch of various FDA approved innovative products is expected to fuel the commercialization of immunoassay instruments significantly in the forecast period. For instance, the launch of fluorescence scanning portable instrument ichroma II and enzyme-linked immunosorbant assay (ELISA) test cartridge by iStat cardiac Troponin I.

Improved workflow owing to ease and comprehensive technology are the prominent factors estimated to boost the automated immunoassay instrument market

Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/942

The global immunoassay instruments market is segmented on the basis of product, application, application, end user and geography.

On the basis of product, the global immunoassay instruments market is segmented into:

Enzyme-linked immunoassay
Radioimmunoassay
Chemiluminescence immunoassay
Immunofluorescence analyzers

On the basis of applications, the global immunoassay instruments market is segmented into:

Endocrinology
Cardiology
Oncology
Autoimmune and infectious disease testing
Others

On the basis of end user, the global immunoassay instruments market is segmented into:

Clinical Laboratories
Hospitals
Others

Asia Pacific is expected to lead the market promoting the utilization of immunoassays with the rise in infectious diseases

Regional segmentation of the immunoassay instruments market by Coherent Market Insights comprises North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America is expected to dominate the global market owing to the rising demand for technologically advanced clinical diagnostic analyzers capable to perform multiple immunoassays simultaneously. According to the article published in Genetic Engineering and Biotechnology News (GEN), the market for infectious disease testing in the U.S. is expected to grow from U.S. $168 billion in 2015 to U.S. $209 billion in 2020 owing to the upsurge of infectious diseases. Additionally, the rising grants from the government and the private healthcare agencies, contributing towards the development of technology and commercialization of immunoassay analyzers, thereby raising the market in North America. The immunoassay instruments market is expected to boost in Asia Pacific owing to the rising research activities in microbiology sector, increasing the prevalence of infectious and chronic diseases like cholera, tuberculosis, typhoid, autoimmune diseases and rising government healthcare grants. For instance, China directed immunoassay market at an estimated U.S. $626 million in 2013 and is estimated to reach U.S. $1309 million by 2018.

Click here to know more about this report: https://www.coherentmarketinsights.com/ongoing-insight/immunoassay-instruments-market-942

The launch of automated chemiluminescence immunoassay instrument by Abbott to rise the demand of immunoassay instruments

The key players operating the immunoassay market are Siemens, Roche Diagnostics, Abbott Laboratories, Danaher Corporation, and BioMérieux SA. The innovative measures adopted by the leading manufacturers to perform different assays in a short time with minimal operator intervention leads to the rising demand by the manufacturers. For instance, the launch of automated immunoassay instrument working on the principle of chemiluminescence Architect i1000SR by Abbott offers high precision, good performance, and low detection limits. Other key vendors operating the market are Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd, Siemens Medical Solutions Diagnostics, and Trinity Biotech.

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Immunoassay Instruments Market - Global Industry Insights, Trends, and Opportunity Analysis, 2017–2025 here

News-ID: 781951 • Views: 151

More Releases from Medical Devices Market Report

Global ENT Disorder Treatment Market to Surpass US$ 10 Billion by 2025
ENT Disorder Treatment Market – Hear Better, Breathe Better, Live Better ENT also known as otolaryngology is a stream of medical science that deals with disorders associated with ear, nose, and throat. Diseases related to ears, throat, and nose significantly affect the quality of life and could lead to surgeries in few cases such as chronic tonsillitis, ear infections, and severe sinusitis problems as well as cancers of the throat or
Endometrial Ablation Market - Global Industry Insights 2025
Endometrial ablation is process that facilitates the destruction of endometrium or thin layer of the uterine wall, in context to treat abnormal heavy uterine bleeding if not controlled with any means of medication. Endometrial ablation is not recommended in women with disorders of endometrium, endometrial hyperplasia, cancer of uterus, recent pregnancy and certain infections of uterus, as per the American College of Obstetrics and Gynecology (ACOG). Depending on technique and
Blood Collection Devices Market - Global Industry Insights 2025
Blood collection devices plays a crucial role in the patient treatment. For the treatment, blood samples are collected to measure the basic metabolism components such as blood urea nitrogen, sodium, potassium, creatinine, magnesium, chloride, and also used to measure blood glucose and lipid levels. In the recent years, as technology has increased in availability and complexity, the experts in the laboratories are receiving wide range of opportunities and challenges. In
Casting and Splinting Products Market - Global Industry Insights 2025
Casts and splints are designed to protect and support injured or fractured joints and bones. They help to immobilize broken bones or dislocated joints in place, until fully healed. A cast is the treatment of choice in fractures where a minimal amount of swelling is expected, including fractures that are non-displaced as well as complicated conditions such as Paige’s, wherein a cast is placed after subsided swelling due to initial

All 5 Releases


More Releases for Immunoassay

Gobal Immunoassay market projects for Planet Market Reports
Planet Market Reports projects that the Immunoassay market size will grow from XX Million USD in 2018 to XX Million USD by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. A substantial rise in the cases of infectious and chronic disease and the rise in the use of immunoassays in oncology are
Immunoassay Instruments - Worldwide Market Size, Growth rate and Future Analysis
The immunoassay instruments market is growing with a considerable rate due to rising incidence of chronic infectious diseases, increasing preference for personalized medicine, and technological advancements. Investments in emerging economies, and focus on developing compact, reliable and portable immunoassay instruments are some of the factors giving ample opportunities to the immunoassay instruments market to grow in the coming years. Explore Report Sample at: https://www.psmarketresearch.com/market-analysis/immunoassay-instruments-market/report-sample Immunoassay is a laboratory based diagnostic procedure that
Immunoassay Instruments Market Progresses for Huge Profits During 2020
The global market for immunoassay instruments market was worth US$13.5 bn and is anticipated to reach US$23.3 bn by the end of 2020, exhibiting a progressive 8.10% CAGR between 2014 and 2020. The growing prevalence of chronic diseases is the main factor driving the global immunoassay instruments market. In addition, the increasing rate of HIV infections, growing preference for personalized medicine, and technological advancements in immunoassay instruments are propelling the
Immunoassay Market Size, Share - Industry Growth 2021
Immunoassay Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database. Download sample copy @ https://goo.gl/xKYzus 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
Immunoassay Market Research Report 2016 Forecasts to 2026 and Analysis
Immunoassays refer to chemical tests and diagnostic techniques used to measure the concentration of macromolecules i.e. proteins in a solution with the help of an antibody or immunoglobulin. Macromolecules include analytes or proteins and these analytical methods operate on the formation of antigen-antibody complexes resultant of specific immuno reactions. Immunoassay techniques are particularly suitable for the effective analysis of compounds in low volumes, especially in nanogram and picogram concentrations. Their
Immunoassay Market Research Report 2014
Immunoassays refer to chemical tests and diagnostic techniques used to measure the concentration of macromolecules i.e. proteins in a solution with the help of an antibody or immunoglobulin. Macromolecules include analytes or proteins and these analytical methods operate on the formation of antigen-antibody complexes resultant of specific immuno reactions. Immunoassay techniques are particularly suitable for the effective analysis of compounds in low volumes, especially in nanogram and picogram concentrations. Their