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Global Immunoassays Market predicted to reach $26.22 billion with CAGR 9.8% by 2021

 



(PharmaNewsWire.Com, June 14, 2017 ) An immunoassay is a test that relies on biochemistry to measure the presence and/or concentration of an analyte. The analyte can be large proteins, antibodies that a person has produced as a result of an infection or small molecules. These assays are highly adaptable and can be applied to many formats depending on the needs of the end user. The principle component of an immunoassay designed to detect a specific analyte, such as influenza nucleoprotein, are the antibodies that have been carefully selected to ensure the detection of the analyte at low concentration with high specificity, meaning will not react with similar antigens. The second feature of an immunoassay is the system that is designed to detect the binding of the specific antibody to the target analyte.



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The factors influencing the Global Market for Immunoassays Market, either positively or negatively are presented in the DROC analysis. Factors such as rising prevalence of infectious diseases, increasing ageing population, advancements in novel assays in various diseases such as Cardiology and oncology, growing applications in diagnosting drug monitoring tests, infectious diseases and identification of cancer biomarkers, increasing need of reagents, sensitive assays and analytical techniques, availability of wide range of reagents, introduction of novel biomarkers, growing government and corporate investment in the pharmaceutical and biotechnology segment in emerging markets are propelling the growth of the market. Lack of reimbursement policies, adoption of immunoassays in emerging markets, stringent regulations for storage are restraining the growth of the market.



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For granular level understanding, the Immunoassays Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.



By Technology

• Enzyme Immunoassay

• Fluorescent Immunoassays

• Chemiluminescence Immunoassays

• Nephelometric Immunoassays

• Radio Immunoassays

• Counting Immunoassays

• Others



By Application

• Oncology

• Cancer

• Hematology

• Cardiology

• Thyroid

• Infectious disease

• Allergies

• Others



By End users

• Hospitals

• Clinics

• Academic research institutes

• Pharmaceutical and Biotech vendors

• Laboratories

• Others



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Based on geography, the market is segmented into various regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. Globally North America is the largest market for pancreatic cancer. The prevalence of pancreatic cancer is more in North American countries with U.S. having the highest number of pancreatic cancer patients in the world. Europe is expected to be the second-largest market for pancreatic cancer. Asia-Pacific is anticipated to be the fastest growing region across the globe.



• North America Immunoassays Market

• Europe Immunoassays Market

• Asia-Pacific Immunoassays Market

• Latin America Immunoassays Market

• Middle East and Africa Immunoassays Market



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Some of the major companies operating in global market are Roche Diagnostics, DiaSorin S.p.A, Beckman Coulter, Siemens Healthcare, Ortho Clinical Diagnostics, bioMerieux, Thermo Fisher Scientific, Abbott Laboratories, Akers Biosciences, Inc, Becton Dickinson and Company, Devon Medical Products, EDP Biotech Corporation, Hologic (Gen-Probe), Intrinsic LifeSciences.



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The Immunoassays Market study offers the following deliverables:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming



• Segment-level analysis on basis of producttype, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail



• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics



• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses



• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment



• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies



• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market



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About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com







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