21-Feb-2019 | Zion Market Research
Zion Market Research has published a new report titled “Immunoassay Market by Product & Service (Reagents & Kits, Analyzers, and Software & Services), by Platform (Chemiluminescence Immunoassays, Fluorescence Immunoassays, Enzyme Immunoassays, Radioimmunoassay, and Others), by Technology (ELISA, Rapid Tests, Western Blotting, ELISPOT, Immuno-PCR, and Others), by Application (Infectious Disease, Endocrinology, Oncology, Cardiology, Hematology & Blood Screening, Autoimmune Disorders, and Others), and by End-User (Hospitals, Clinical Laboratories, Pharmaceutical and Biotechnology Companies, Contract Research Organization, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global immunoassay market was valued approximately USD 19.17 billion in 2018 and is expected to generate around USD 29.79 billion by 2025, at a CAGR of around 6.5% between 2019 and 2025.
Immunoassay is a type of biochemistry technique that is used either qualitatively or quantitatively to detect the presence of analytes. The analytes present can be in the form of large proteins or antibodies that may be produced due to an infection. This type of test can be used in laboratories or at the site itself. Antibodies or antigens are used as biorecognition agents for detecting the presence of analytes. The growing prevalence of other chronic and infectious diseases, such as tuberculosis, AIDS, etc., is projected to further fuel the immunoassay market over the estimated timeframe.
Browse the full “Immunoassay Market by Product & Service (Reagents & Kits, Analyzers, and Software & Services), by Platform (Chemiluminescence Immunoassays, Fluorescence Immunoassays, Enzyme Immunoassays, Radioimmunoassay, and Others), by Technology (ELISA, Rapid Tests, Western Blotting, ELISPOT, Immuno-PCR, and Others), by Application (Infectious Disease, Endocrinology, Oncology, Cardiology, Hematology & Blood Screening, Autoimmune Disorders, and Others), and by End-User (Hospitals, Clinical Laboratories, Pharmaceutical and Biotechnology Companies, Contract Research Organization, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/immunoassay-market
The global immunoassay market is divided into product and service, technology, application, platform, and end-user. By product and service, the market is divided into reagents and kits, software and services, and analyzers. The reagents and kits segment is anticipated to dominate the immunoassay market over the forecast time period, owing to the increasing prevalence of chronic and infectious diseases
By platform, the immunoassay market is segmented into fluorescence immunoassays, radioimmunoassays, enzyme immunoassays, chemiluminescence immunoassays, and others. The enzyme immunoassays segment is anticipated to grow considerably in the global market due to its accurate results related to the detection of various diseases.
By technology, the market is segmented into ELISA, ELISPOT, immuno-PCR, rapid tests, western blotting, and others. ELISA dominated the market in 2018, due to its use in the detection of various diseases, such as cancer, infectious disease, and detection and monitoring of the therapeutic drug level.
The application segment of the market includes oncology, endocrinology, cardiology, infectious diseases, autoimmune disorders, hematology and blood screening, and others. Infectious diseases are expected to dominate the immunoassay market in the upcoming years, owing to the growing prevalence of tuberculosis in developing nations, such as India and China. The oncology segment is expected to show the highest growth rate in the future, owing to the increasing number of people suffering from cancer and growing research and development activities related to cancer.
By end-user, the market is segmented into pharmaceutical and biotechnology companies, clinical laboratories, contract research organization, hospitals, and others. Hospitals are anticipated to dominate the immunoassay market globally, owing to the presence of laboratories conducting diagnosis and tests and their high patient pool suffering from chronic diseases.
By region, North America is projected to dominate the global immunoassay market in the upcoming years, owing to rising healthcare expenditure, increasing prevalence of chronic diseases, and growing research activities related to immunological disorders. The Asia Pacific immunoassay market is projected to show the highest rate of growth over the forecast time period, owing to the rising prevalence of infectious diseases in China and India, increasing product launches, growing investments made in R&D by the government, and increased establishments of the pharmaceutical and biotechnological companies.
Some key players of the global immunoassay market are Siemens, Roche, Abbott Laboratories, Danaher Corporation, QIAGEN, Thermo Fischer Scientific, Bio-Rad Laboratories, Agilent Technologies, bioMerieux, Merck, Bio-Techne Corporation, and PerkinElmer.
This report segments the global immunoassay market into:
Global Immunoassay Market: Product and Service Analysis
Global Immunoassay Market: Technology Analysis
Global Immunoassay Market: Application Analysis
Global Immunoassay Market: End-User Analysis
Global Immunoassay Market: Regional Analysis
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