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Immunoassays Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024


The “Immunoassays Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Immunoassays Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Immunoassays market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Immunoassays Market Are:

  • Abbott Laboratories Inc.
  • Becton Dickinson and Company
  • Danaher Corporation
  • Devon Medical Products
  • EDP Biotech Corporation
  • Hologic Inc.
  • Luminex Corporation
  • Meridian Life Science Inc.
  • Qiagen NV

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    Market Overview:

  • The immunoassays market is expected to register a CAGR of 9.7%, over the forecast period. Factors that are responsible for the growth of this market include cost-effectiveness, growth in the biotechnology and pharmaceutical sectors, and high sensitivity and specificity of immunoassays.
  • Compared to conventional tests, immunoassays have been proven to provide highly accurate results even with very small samples. These immunoassays are considered to have a detection limit of 1pg/ml, which can be attributed to the fact that immunoassays are based entirely on immunologic reactions. Immunologic reactions are highly specific, as they can take place only in the presence of proper immunologic agents. For instance, an antibody against a viral protein cannot bind with an antigen that is derived from bacteria. This high specificity indicates high accuracy in results, which enable high sensitivity in the detection of diseases. This high sensitivity not only helps in easy detection, but also eliminates the need for secondary verifications, which ultimately saves a lot of costs. Thus, the high sensitivity, specificity, and cost-saving nature of immunoassays are driving the growth of the immunoassays market. However, factors, such as complex assay procedures and limitations associated with immunoassays, may hinder the market growth.

    Scope of the Report:

  • Immunoassays are bioanalytical methods, in which the quantitation of the analyte depends on the reaction of an antigen (analyte) and an antibody.

    Immunoassays Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Immunoassays market?
    • What are the key market trends impacting the growth of the global Immunoassays market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Immunoassays market?
    • What are the market opportunities and threats faced by the vendors in the global Immunoassays market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Immunoassays market?

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    Key Market Trends:

    Infectious Disease Segment, under Application, is Expected to Lead the Market

    Immunoassays for infectious disease are expected to lead the market, and continue the same during the forecast period. This can be mainly attributed to the upsurge in the prevalence of infectious diseases, such as Lyme disease, salmonella infections, tuberculosis (TB), and meningococcal ailments cases. For instance, according to the Centers for Disease Control and Prevention (CDC), one-fourth of the world’s population is infected with TB. In 2017, there were approximately 10 million people, around the world, who were infected with TB, and 1.3 million deaths occurred due to TB, across the world. Therefore, utilization of immunoassays may help in detecting these diseases, which is anticipated to increase the market growth.

    North America Dominates the Market and is Expected to do Same during the Forecast Period

    Currently, North America dominates the market for immunoassays, and is expected to continue its stronghold for a few more years. In the North American region, the United States holds the largest market share. This can be majorly attributed to the increasing incidence rates of chronic disorders, infectious diseases, increasing number of geriatric population, as well as due to the well-developed healthcare infrastructure and increasing penetration of medical devices in the region. Moreover, high expenditure on R&D by government organizations and pharmaceutical companies, for disorders and diseases, such as chronic ailments and diabetes, are some of the primary factors driving the regional market.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Immunoassays Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Immunoassays.

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    Report Objectives:

    • Analyzing the size of the Immunoassays market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Immunoassays market.
    • Determining the key dynamics of the Immunoassays market.
    • Highlighting significant trends of the Immunoassays market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Immunoassays market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Immunoassays market.

    Detailed TOC of Immunoassays Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 High Sensitivity and Specificity of Immunoassays
    4.2.2 Cost Effectiveness
    4.2.3 Growth in the Biotechnology and Pharmaceutical Sectors
    4.3 Market Restraints
    4.3.1 Complex Assay Procedures
    4.3.2 Limitations Associated with Immunoassays
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 By Technology
    5.1.1 Enzyme Immunoassay
    5.1.2 Fluorescence Immunoassay
    5.1.3 Chemiluminescence Immunoassay
    5.1.4 Radioimmunoassay
    5.1.5 Nephelometric Immunoassay
    5.1.6 Other Technologies
    5.2 By Therapeutic Area
    5.2.1 Cardiology
    5.2.2 Thyroid
    5.2.3 Autoimmune Disease
    5.2.4 Oncology
    5.2.5 Infectious Disease
    5.2.6 Hematology
    5.2.7 Allergy
    5.2.8 Other Therapeutic Areas
    5.3 By End User
    5.3.1 Hospital and Centralized Laboratories
    5.3.2 Pharma and Biotech Firm
    5.3.3 Other End Users
    5.4 Geography
    5.4.1 North America United States Canada Mexico
    5.4.2 Europe Germany United Kingdom France Italy Spain Rest of Europe
    5.4.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
    5.4.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
    5.4.5 South America Brazil Argentina Rest of South America

    6.1 Company Profiles
    6.1.1 Abbott Laboratories Inc.
    6.1.2 Becton Dickinson and Company
    6.1.3 Danaher Corporation
    6.1.4 Devon Medical Products
    6.1.5 EDP Biotech Corporation
    6.1.6 Hologic Inc.
    6.1.7 Luminex Corporation
    6.1.8 Meridian Life Science Inc.
    6.1.9 Qiagen NV



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