Immunoassay Market Overview:
Immunoassay uses a small antibody or an antigen to determine the presence of a small molecule in a solution. The detected molecule is called an analyte, and it happens to be protein in many cases. Mostly collected from serums or urine, these analytes are analyzed for the various medical and research purposes. Often the process requires a calibrator for a better analysis.
Global Immunoassay Market, as reported in the latest study of the market by Market Research Future (MRFR), is expecting a Growth by 8.5% CAGR to reach USD 771.1 million during the forecast period (2017-2023).
Immunoassays find much traction in the healthcare sector for their ability to find results rapidly and accuracy. MRFR in their recent report on the immunoassay market included several market factors for a holistic understanding of the global market. The report also has its focus on segmental analysis that includes detailed volume-wise and value-wise analysis.
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Growing biotechnology and pharmaceutical sectors, across the globe, is all set to provide stimulants for the market growth. Oncology department is also gaining much benefits from its use and concerns regarding the prevalence of cancer can be considered a serious factor. Government initiatives and supportive regulatory framework can also be considered of significant importance. But the complex procedure of the test and lack of specificity in the results can be a market deterrent.
MRFR segments the global immunoassay market by product and service, type, and end-user.
- Based on the product and service, the immunoassay market can be segmented into reagents and kits, analyzers, and software and services. The reagents and kits segment includes Enzyme-Linked Immunosorbent Assay (ELISA) reagents & kits, elispot reagents & kits, western blot reagents & kits, rapid test reagents & kits, RIA reagents & kits, and PCR reagents & kits. The analyzers segment can be segmented into portable analyzers and benchtop analyzers.
- Based on the type, the immunoassay market can be segmented into Enzyme Immunoassays (EIA) or Enzyme-Linked Immunosorbent Assays (ELISA), Radioimmunoassay (RIA), Fluoroimmunoassay (FIA), Counting Immunoassay (CIA), and Chemiluminescence immunoassay (CLIA).
- Based on the application, the immunoassay market can be segmented into infectious diseases, autoimmune disorders, oncology, neonatal screening, toxicology, hematology & blood screening, cardiology, bone & mineral disorders, and others.
- Based on the end-user, the immunoassay market includes biotechnology companies, diagnostic laboratories, research & academic laboratories, hospitals & clinics, pharmaceutical companies, and others.
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Major players, as reported by MRFR in the global immunoassay treatment market are Abbott Laboratories, Beckman Coulter, Inc., Alere, Arlington Scientific, Radiometer, Bio-Rad Laboratories, BioMerieux, Inc., DiaSorin, Diamedix, Fujirebio US, Dynex Technologies, Gold Standard Diagnostics, Hycor Biomedical, Inova Diagnostics, Randox Toxicology, Ortho-Clinical Diagnostics, F. Hoffmann-La Roche Ltd., ThermoFisher Scientific, Siemens Healthineers, Wako Diagnostics, TOSOH Bioscience, Shenzhen New Industries Biomedical Engineering Co., Ltd., Sysmex Corporation, and others.
LIST OF TABLES
Table 1 Immunoassay Industry Synopsis, 2017–2023
Table 2 Immunoassay Market Estimates & Forecast, 2017–2023, (USD Million)
Table 3 Immunoassay Market, By Region, 2017–2023, (USD Million)
Table 4 Immunoassay Market, By Product & Service, 2017–2023, (USD Million)
Table 5 Immunoassay Market, By Type, 2017–2023, (USD Million)
Table 6 Immunoassay Market, By Application, 2017–2023, (USD Million)
Table 7 Immunoassay Market, By End-User, 2017–2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Immunoassay Market
Figure 3 Segmentation Market Dynamics For The Immunoassay Market
Figure 4 Global Immunoassay Market Share, By Product & Services 2016
Figure 5 Global Immunoassay Market Share, By Type, 2016
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In 2018, researchers from the Wyss Institute for Biologically Inspired Engineering at Harvard University and Brigham and Women’s Hospital (BWH) developed a new method that can detect small molecules with 50 times greater sensitivity. The process includes a competitive immunoassay technique to find better results.
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