Immunoassay Market Axis, Connectivity, Rating, Application & Regional Overview to 2027

 

Immunoassays (IAs) are bioanalytical technique in which the quantitation of analytes relies on the reaction of an antigen and an antibody. Immunoassays play a vital role in many bioanalytical settings, such as biopharmaceutical analysis, clinical diagnostics, security, environmental monitoring, and food testing. The significance and efficacy of immunoassay methods in the pharmaceutical research are credited to their inherent high throughput, specificity, and high sensitivity for the analysis of various analytes in biological samples.

The immunoassay market growth is attributed to rising incidence of chronic and infectious diseases and technological advancements in immunoassay devices. However, stringent regulatory requirements for immunoassay devices may hinder the growth of the immunoassay market.

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Leading Immunoassay Market Players:

·         Siemens

·         BD

·         bioMérieux SA

·         Abbott

·         F. Hoffmann La-Roche Ltd.

·         Danaher

·         Ortho Clinical Diagnostics (Johnson & Johnson Services, Inc.)

·         Sysmex Corporation

·         Thermo Fisher Scientific, Inc.

·         Quidel Corporation

Immunoassay Market: Segmental Overview

 

Product-Based Insights

 

The global immunoassay market, based on product, is segmented into reagents & kits, analyzers and instruments, and software & services. The reagents & kits segment was the largest among the product subsegments in the immunoassay market in 2018.  However, the software & services segment is expected to witness growth in its demand at the fastest CAGR of 6.8% during 2019 to 2027.

 

Technology-Based Insights

 

The global immunoassay market, based on technology, is segmented into enzyme-linked immunosorbent assays (ELISA), fluorescence, chemiluminescence, rapid test, western blot, enzyme-linked immune absorbent spot (ELISPOT), and polymerase chain reaction (PCR). The chemiluminescence segment was the largest among the technology subsegments in the immunoassay market in 2018. However, the rapid test segment is expected to witness growth in its demand at the fastest CAGR of 7.3% during 2019 to 2027.

 

 

Application-Based Insights

 

The global immunoassay market, based on application, is segmented into therapeutic drug monitoring, oncology, cardiology, endocrinology, infectious disease testing, autoimmune diseases, and others. The therapeutic drug monitoring segment was the largest among application subsegments in the immunoassay market in 2018. However, the infectious disease testing segment is expected to witness growth in its demand at the fastest CAGR of 7.0% during 2019 to 2027.

 

End User-Based Insights

 

The global immunoassay market, based on end user, is segmented into hospitals, blood banks, clinical laboratories, pharmaceutical & biotech companies, academic research centers, and others. The hospitals segment was the largest among the end user subsegments in the immunoassay market in 2018. In addition, the hospitals segment is expected to witness growth in its demand at the fastest CAGR of 6.9% during 2019 to 2027.

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Immunoassay Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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