According to the new market research report Immunoassay Market is expected to reach USD 27.15 Billion by 2023 from USD 20.19 Billion in 2018, at a CAGR of 6.1%.
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The increasing incidence of chronic and infectious diseases, technological advancements in immunoassay instruments and introduction of novel automated systems, and growth in the biotechnology and biopharmaceutical industries are some the major factors driving the growth of this market.
North America held the largest share of the market in 2017
Based on region, the immunoassay market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the market in 2017. The large share of this regional segment is attributed to the increasing incidence of chronic diseases and improved healthcare infrastructure.
The chemiluminescence immunoassays (CLIAs) segment led the immunoassay market in 2017
By platform, this market is classified into CLIAs, radioimmunoassays (RIAs), colorimetric immunoassays (CIs), fluorescence immunoassays (FIAs), and other platforms. The CLIAs segment accounted for the largest share of the immunoassay market in 2017. The large share of this segment can primarily be attributed to the low cost and high sensitivity of CLIA-based tests.
By product and service, the reagents and kits segment commanded the largest share of the market in 2017
On the basis product and service, this market is classified into reagents and kits, analyzers, and software and services. In 2017, the reagents and kits segment accounted for the largest share of the immunoassay systems market. The large share of this segment can primarily be attributed to the requirement of the repeat purchase of kits and reagents, coupled with the increasing number of immunoassay tests being performed across the globe as a result of the rising incidence of chronic and infectious diseases.
By technology, the enzyme-linked immunosorbent assays (ELISA) segment accounted for the largest share of the market in 2017
On the basis of technology, the immunoassay systems market is segmented into ELISA, rapid tests, western blotting, enzyme-linked immunospot (ELISPOT), immuno-PCR, and other immunoassay technologies. The ELISA segment accounted for the largest share of the immunoassay systems market in 2017. The large share of this segment can primarily be attributed to the increasing use of immunoassay tests in cancer, infectious diseases, and therapeutic drug level monitoring.
Key players in the immunoassay market include Roche (Switzerland), Abbott Laboratories (US), Siemens (Germany), Danaher Corporation (US), Sysmex Corporation (Japan), bioMérieux (France), Ortho Clinical Diagnostics (US), DiaSorin (Italy), QIAGEN (Netherlands), Thermo Fisher Scientific (US), Becton, Dickinson and Company (US), Merck (Germany), Bio-Rad Laboratories (US), Agilent Technologies (US), PerkinElmer (US), Quidel Corporation (US), Bio-Techne Corporation (US), and Mindray (China).
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Immunoassay Market Size, Share, Trends - Analysis Report 2023
The global Multiplex Detection Immunoassay Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the multiplex detection immunoassay market include Bio-Rad Laboratories Inc., Thermo Fisher Scientific, EMD Millipore (Merck KGaA.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Multiplex Detection Immunoassay Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/multiplex-detection-immunoassay-market/download-sampleMarket DynamicsThe global multiplex detection immunoassay market is projected to grow at a remarkable rate during the forecast period.
Multiplex detection immunoassay is gaining robust popularity due to its capability to detect, identify, and monitor dozens of proteins simultaneously, reducing workflow plus sample volume problems, and provides a gain in dynamic assay range.
Increasing R & D activities across, rising incidence of chronic and infectious disease, massive research, valuations and approvals of medicines, and the rise in geriatric population are also steering the market's global growth.
The global Multiplex Detection Immunoassay Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the multiplex detection immunoassay market include Bio-Rad Laboratories Inc., Thermo Fisher Scientific, EMD Millipore (Merck KGaA.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Multiplex Detection Immunoassay Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/multiplex-detection-immunoassay-market/download-sampleMarket DynamicsThe global multiplex detection immunoassay market is projected to grow at a remarkable rate during the forecast period.
Multiplex detection immunoassay is gaining robust popularity due to its capability to detect, identify, and monitor dozens of proteins simultaneously, reducing workflow plus sample volume problems, and provides a gain in dynamic assay range.
Increasing R & D activities across, rising incidence of chronic and infectious disease, massive research, valuations and approvals of medicines, and the rise in geriatric population are also steering the market's global growth.