Immunodiagnostics Market Industry Trends -t
Immunodiagnostics
Market – Industry Trends - Forecast to 2026 with key market like Hoffmann-La
Roche Ltd, Danaher., Adaptive Biotechnologies., QIAGEN, AMARANTUS BIOSCIENCE
HOLDINGS, INC., AESKU.GROUP GmbH & Co. KG
Immunodiagnostics
Market By Product (Reagents, Instruments, Software & Services),
Technology (ELISA, CLIA, RIA, FIA, Rapid Test, Others), End User (Clinical
Laboratories, Hospitals, Academic & Research Centers, Pharmaceutical &
Biotechnology Industry, Diagnostic Centers, Others), Application (Oncology
& Endocrinology, Hepatitis & Retrovirus Testing, Infectious Disease
Testing, GI Stool Testing, Autoimmune Disorders, Bone & Mineral Diseases,
Cardiac Biomarkers, Others), Type (Immunodiagnostic Instruments, Immunoassays),
Geography (North America, South America, Europe, Asia-Pacific, Middle East and
Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global
Immunodiagnostics Market
Global immunodiagnostics market is expected to rise from to an
estimated value of USD 24.89 billion by 2026 registering a substantial CAGR of
7.80% in the forecast period of 2021-2026. This rise in the market can be
attributed to rising prevalence of chronic diseases and technological
advancements.
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Market Definition: Global
Immunodiagnostics Market
Immunodiagnostics is a diagnostic method that uses
antigen-antibody reactions to measure the presence of molecules in biological
fluids. It is used primarily for detecting and diagnosing infectious
diseases, chronic diseases (cancer, cardiovascular diseases), autoimmune
disease, hormonal disorder etc. These tests are also used to distinguish
between compatible blood types. They provide precise, quick and accurate results
and hence are gaining importance.
Market Drivers
Growing ageing & geriatric population would also boost the
growth of this market as they are more prone to chronic and infectious diseases
Rising need for correct, error free and speedy diagnostic tests
Growing awareness regarding the benefits of immunodiagnostics
drives the growth of this market
Rising adoption of point of care testing (POCT) drives the
demand for this market
Rising volumes of test due to the integration of laboratories
would boost the growth of this market
Market Restraints
Stringent regulations imposed by the government hinder the
growth of this market
Cost of immunodiagnostics being expensive restrains its growth
Segmentation: Global Immunodiagnostics Market
By Product
·
Reagents
·
Instruments
·
Software
& Services
By Technology
·
Enzyme-Linked
Immunosorbent Assay (ELISA)
·
Chemiluminescence
Immunoassay (CLIA)
·
Radioimmunoassay
(RIA)
·
Fluorescence
Immunoassay (FIA)
·
Rapid
Tests
·
Others
By End User
·
Clinical
Laboratories
·
Hospitals
·
Academic
& Research Centers
·
Pharmaceutical
& Biotechnology Industry
·
Diagnostic
Centers
·
Others
By Application
·
Oncology
& Endocrinology
·
Hepatitis
& Retrovirus
·
Infectious
Disease
·
GI
Stool Testing
·
Autoimmune
·
Bone
& Mineral
·
Cardiac
Biomarkers
·
Others
By Type
·
Immunodiagnostic
Instruments
·
Immunoassays
By Geography
·
North
America
·
U.S.
·
Canada
·
Mexico
·
South
America
·
Brazil
·
Argentina
·
Rest
of South America
·
Europe
·
Germany
·
France
·
United
Kingdom
·
Italy
·
Spain
·
Russia
·
Turkey
·
Belgium
·
Netherlands
·
Switzerland
·
Rest
of Europe
·
Asia-Pacific
·
Japan
·
China
·
South
Korea
·
India
·
Australia
·
Singapore
·
Malaysia
·
Indonesia
·
Thailand
·
Philippines
·
Rest
of Asia-Pacific
·
Middle
East and Africa
·
South
Africa
·
Egypt
·
Saudi
Arabia
·
United
Arab Emirates
·
Israel
·
Rest
of Middle East and Africa
Key Developments in the Market:
In March 2019, Oncimmune Holdings plc acquired Protagen
Diagnostics AG. Protagen is a leader in drug development for both
immuno-oncology and autoimmune disease. With this acquisition, Oncimmune along
with its expertise in immunogenic product development would expand its client
base by combining Protagen’s biomarker discovery capabilities, thereby
accelerating product innovation and development process, bringing about
advancements in immunodiagnostics.
In March 2016, DiaSorin S.p.A. in order to expand its client
base, product portfolio, and presence in growing infectious disease molecular
testing market acquired Focus Diagnostics' immunodiagnostic & molecular
diagnostic products business from Quest Diagnostics. Therefore, with this
acquisition there would be development and innovations in the immunodiagnostic
and infectious disease market.
Competitive Analysis: Global
Immunodiagnostics Market
Global
immunodiagnostics market is highly fragmented and the major players have
used various strategies such as new product launches, expansions, agreements,
joint ventures, partnerships, acquisitions, and others to increase their
footprints in this market. The report includes market shares of
immunodiagnostics market for global, Europe, North America, Asia-Pacific, South
America and Middle East & Africa.
Key Market Competitors: Global
Immunodiagnostics Market
Few of the major market competitors currently working in the
immunodiagnostics market are Abbott., F. Hoffmann-La Roche Ltd, Danaher.,
Adaptive Biotechnologies., QIAGEN, AMARANTUS BIOSCIENCE HOLDINGS, INC.,
AESKU.GROUP GmbH & Co. KG, Avant Diagnostics, Inc., bioMérieux SA, Inova
Diagnostics, Inc., OraSure Technologies, Myriad Genetics, Inc, Omega
Diagnostics Group PLC, Nexus-Dx, Protagen, Quest Diagnostics Incorporated.,
Seramun Diagnostica GmbH., SQI Diagnostics, Tecan Trading AG, Siemens
Healthcare GmbH, DiaSorin, Erba Diagnostics, Svar Life Science and Exagen Inc.
amongst others.
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