Immunoassay Market is expected to grow at a CAGR of 6.50% during the forecast period. Global Immunoassay Market is expected to reach US$ 47.11 Bn. by 2029.
Immunoassay Market Overview
Maximize Market Research, a global market intelligence firm has recently released a comprehensive report on the Immunoassay Market, forecasting significant growth until 2029. Since 2017, Maximize Market Research has served over 600 clients in more than 34 countries worldwide. The report stands out for its unique database, which is analyzed by industry experts to provide valuable insights.
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Immunoassay Market Scope
The Immunoassay market report offers a detailed analysis of key trends, dynamics, and various factors affecting the industry. It presents essential findings such as market size, segmentation, and competitive analysis. The report provides in-depth insights into the market through regional, demand, and competitor analyses. It also examines key players and new entrants, facilitating the development of a competitive landscape. The research takes into account factors like revenue generation, production capacity, and product differentiation. The segment-wise analysis is conducted to understand industry behavior and geographic shifts. Furthermore, the report incorporates a SWOT analysis to identify strengths, weaknesses, opportunities, and potential threats in the market. Porter's five forces analysis allows for a deeper understanding of the industry, enabling the formulation of strategies to enhance profitability and gain a competitive advantage. PESTLE analysis is employed to assess the impact of external factors on the Immunoassay market, providing a comprehensive overview.
Segmentation
Radioimmunoassays have wide applications in cancer detection, blood screening for hepatitis, diagnosis of ulcers, and narcotics detection. These assays are capable of the quantification of very small concentrations of antigens from small volumes of samples with the help of radioisotopes, such as iodine-125 and iodine-131. The growth in this immunoassay market is primarily driven by the increasing prevalence of cancer across the globe and the resultant increase in suitable diagnostic technologies. However, these assays are relatively high-cost assays and have potential health hazards owing to the use of radioactive antigens. This, along with additional expenses towards maintaining radiation safety and disposal protocols limit their wide-scale use. Owing to these, radioimmunoassay is increasingly being replaced by EIAs and CLIAs, which is expected to hamper the growth of the radioimmunoassay market over the coming years.
Endocrine disorders have shown significant growth in recent years. Healthcare providers have started using immunoassay machines for the same. The endocrinology segment is expected to grow at a CAGR of 6.5% by 2029. Endocrinology tests have a wide range of applications, which include immunoassay analyzer testing, anti-TSH receptors testing, fertility testing, and women’s health testing. Such widespread applications are helping the segment expand at a faster pace, thereby growing the market.
Key Players
Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports.
Immunoassay Market, Key Players are
• Siemens Healthineers
• Becton
• Dickinson & Company
• BioMérieux
• Abbott laboratories
• Roche Diagnostics
• Danaher Corporation
• Ortho Clinical Diagnostics
• Sysmex Corporation
• Thermo Fisher Scientific, Inc.
• Quidel Corporation
• Agilent Technologies
• PerkinElmer
• Mindray
• DiaSorin
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The table of content for the Immunoassay Market includes the:
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Market Size, By Market Value (US$ Mn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
5. Supply Side and Demand Side Indicators
6. Global Immunoassay Market Analysis and Forecast
6.1. Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
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Regional Analysis
The market study segments regions to analyze the primary target market and evaluate growth strategies employed by key competitors in specific regions. It identifies regional market trends, limitations, development areas, and new opportunities. The report aids in planning and implementing suitable strategies tailored to specific countries and regions within the market.
Key Questions answered in the Immunoassay Market Report are:
- What is the definition of the Immunoassay Market?
- What is the forecast period for the Immunoassay Market?
- What is the competitive landscape of the Immunoassay market?
- Which region holds the largest market share in the Immunoassay Market?
- What are the opportunities for the Immunoassay Market?
- What factors are influencing the growth of the Immunoassay market?
- Who are the key players in the Immunoassay market?
- Which company holds the largest share in the Immunoassay market?
- What will be the CAGR of the Immunoassay market during the forecast period?
- What key trends are expected to emerge in the Immunoassay market in the coming years?
Key offerings:
- Market Share, Size, and Revenue Forecast|2022-2029
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Immunoassay
- Landscape: Leading key players and other prominent participants
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. Our coverage spans medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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