The global Enzyme-linked immunosorbent assay (ELISA) testing market accounted for USD 513.4 Million in 2020 and is expected to reach USD 725.6 Million by 2028, growing at a CAGR of around 4.4 % between 2021 and 2028.
The global Enzyme-linked immunosorbent assay (ELISA) testing market accounted for USD 513.4 Million in 2020 and is expected to reach USD 725.6 Million by 2028, growing at a CAGR of around 4.4 % between 2021 and 2028.
The global Enzyme-linked immunosorbent assay (ELISA) Market is a test that detects and/or quantifies antibodies in biological samples. This test can be used to determine if the sample has antibodies related to or generated against a specific antigen related to a certain infectious condition. Antibodies are proteins that are produced against foreign pathogens as an immunogenic response to harmful substances called pathogens. ELISA is a biochemical reaction in which an antigen is adsorbed on a solid surface. An antibody linked to an enzyme is allowed with the antigen and is detected by adding a substrate specific to the linked enzyme. ELISA test plays very important role in the diagnosis of viral infections such as HIV, varicella-zoster virus, which causes chickenpox and shingles, rotavirus, Zika virus, syphilis etc. ELISA is often used as a screening tool before more in-depth tests are carried out. ELISA also can be used in pharmaceutical quality control tests such as endotoxin tests, protein quantification.
The restrictions imposed by various nations to contain COVID had stopped the demand and supply resulting in disruption across the whole supply chain. However, the global markets are slowly opening to their full potential, and theirs a surge in demand. The market would remain bullish in the upcoming year. The significant decrease in the global Enzyme-linked immunosorbent assay (ELISA) testing market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.
The global Enzyme-Linked Immunosorbent Assay (ELISA) testing market is primarily driven by the emergence of cost-effective technologies and laboratory automation for ELISA assay. Other major driving factors are increasing research and development on biomarkers and monoclonal antibodies (mABs) coupled with continued growth in the drug discovery market. However, the threat of substitution by new technologies such as multiplex proteomic array platforms is the major restraint that may limit the growth of the market. Nonetheless increasing the need for accurate and early disease diagnosis owing to the increasing burden of chronic diseases across the globe along with the increasing geriatric population base are likely to disclose new avenues for the Enzyme-Linked Immunosorbent Assay (ELISA) testing market in the near future.
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
The Enzyme-Linked Immunosorbent Assay (ELISA) testing market is segmented on the basis of different test types such as Test type, indirect ELISA, multiple and portable ELISA, and competitive ELISA. The indirect ELISA segment is expected to grow at the fastest rate in the global market over the forecast period.
Immunology, inflammation, infectious diseases, cancer, protein quantification, and others are the key applications of the global ELISA testing Market. The immunology segment dominated the market in terms of revenue in 2016.
Key Market Players & Competitive Landscape
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global air quality control system market Thermo Fisher Scientific. Inc., American Laboratory Products Company (ALPCO), BD Biosciences, Bio-Rad Laboratories, Inc., BioMérieux, Ortho-Clinical Diagnostics, Inc., R & D Systems Inc. and ZEUS Scientific, Inc. among others..
The global Enzyme-linked immunosorbent assay (ELISA) testing Market is segmented as follows:
By Test type
By Applications
By Region
Enzyme-Linked Immunosorbent Assay (ELISA) also called enzyme immunoassay (EIA) is a plate based assay technique for detection and quantification of substances such as proteins, hormones, antibodies etc. The ELISA has been used widely as an important diagnostic tool in medicine, plant pathology, as well as a quality-control check in pharmaceutical and biotech industries. ELISA assay technique is based on specific antigen antibody binding. Antigen to be quantified is immobilized (adsorbed) on a solid surface and is complexed with antibody linked to an enzyme. Detection is accomplished by assessing the conjugated enzyme activity via incubation with a substrate to produce a product that can be measured. ELISA has applications in various applications such as allergen detection in the food industry, viral infection diagnosis in the pathology laboratory and in quality control tests in the pharmaceutical industry.
The emergence of cost effective technologies and laboratory automation for ELISA assay is expected to be the major driver for the global ELISA technologies market. In addition, continuous developments in biomarkers and monoclonal antibodies (mABs) coupled along with continued growth in drug discovery market is expected to trigger the growth of global ELISA technologies industry in the coming years. However, the threat of substitution by new technologies such as multiplex proteomic array platforms may pose the challenge to ELISA technologies market. Nevertheless, increasing need for accurate and early disease diagnosis owing to increasing burden of chronic diseases across the globe along with increasing geriatric population base is expected to act as opportunities for ELISA technologies market in near future.
Based on test type, ELISA technologies market has been segmented into sandwich ELISA, indirect ELISA, multiple and portable ELISA and competitive ELISA. Indirect ELISA segment is expected to grow at the fastest rate during the forecast period. The ELISA technologies market is segmented based on applications into immunology, inflammation, infectious diseases, cancer, protein quantification and other applications. In terms of revenue, immunology segment dominated the market in 2016.
North America is expected to remain the dominant region over the forecast period. Increasing healthcare expenditure is expected to boost the market in this region. Europe was the second largest market followed by Asia Pacific. North America is expected to show fastest growth rate during the forecast period while Asia Pacific market is projected to grow at the highest rate during the forecast period. The Middle East and Africa, and Latin America are also expected to experience moderate growth in the years to come.
Some of the key players in ELISA technologies market include Thermo Fisher Scientific. Inc., American Laboratory Products Company (ALPCO), BD Biosciences, Bio-Rad Laboratories, Inc., BioMérieux, Ortho-Clinical Diagnostics, Inc., R & D Systems Inc. and ZEUS Scientific, Inc. among others.
FrequentlyAsked Questions
The global Enzyme-linked immunosorbent assay (ELISA) testing Market was valued at USD 513.4 Million in 2020.
The global Enzyme-linked immunosorbent assay (ELISA) testing Market is expected to reach USD 725.6 Million by 2028, growing at a CAGR of 4.4% between 2021 to 2028.
Some of the key factors driving the global Enzyme-linked immunosorbent assay (ELISA) testing Market growth are increasing research and development on biomarkers and monoclonal antibodies (mABs) coupled along with continued growth in drug discovery market.
North America has been leading the worldwide Enzyme-linked immunosorbent assay (ELISA) testing market and is anticipated to continue on the dominant position in the years to come, states the market study.
Some of the major players of global Enzyme-linked immunosorbent assay (ELISA) testing market includes Thermo Fisher Scientific. Inc., American Laboratory Products Company (ALPCO), BD Biosciences, Bio-Rad Laboratories, Inc., BioMérieux, Ortho-Clinical Diagnostics, Inc., R & D Systems Inc. and ZEUS Scientific, Inc. among others.
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