Lucintel Forecasts Immunoassay Market to Grow at a CAGR of 5%-7%

According to the recent study the immunoassay market is projected to grow at a CAGR of 5%-7% from 2020 to 2026. Growth in this market is primarily driven by rising prevalence of chronic and infectious diseases, technological advancements in POC testing products, and growing patient awareness of POC testing.

Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in immunoassay market by product & service (reagents & kits, analyzers, and software), technology (ELISA, first-generation, second-generation, third-generation, fourth-generation & above, rapid tests, western blotting, ELISPOT, immuno-PCR, and other technologies), application (infectious diseases, endocrinology, oncology,bone & mineral disorders, cardiology, hematology & blood screening, autoimmune disorders, toxicology, neonatal screening, and other applications), platform (chemiluminescence immunoassays (CLIAs), fluorescence immunoassays (FIAs), colorimetric immunoassays (CIs), radioimmunoassays (RIAs), and other platforms), specimen (blood, saliva, urine, and other specimens), end user (hospitals, blood banks, clinical laboratories, pharmaceutical and biotech companies, academic research centers, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).

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“Reagents and kits market is expected to remain the largest segment during the forecast period.”      

Based on product and service, the immunoassay market is segmented into reagents and kits, instruments, and services. Lucintel forecasts that the reagents and kits market is expected to remain the largest segment during the forecast period due to the requirement of repeat purchases of kits and reagents, increasing number of immunoassay tests, and rising incidence of chronic and infectious diseases.

“Within the immunoassay market, the hospitals segment is expected to remain the largest end user.”  

Based on end user, the hospitals segment is expected to witness the largest segment over the forecast period due to increase in prevalence of chronic diseases, such as cancer, infectious diseases, and autoimmune diseases.    

“North America will dominate the immunoassay market in near future.”

North America is expected to be the largest region over the forecast period due to increasing incidence of chronic diseases and improved healthcare infrastructure in the region.

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Major players of immunoassay market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Roche, Abbott Laboratories, Siemens, Danaher Corporation, Sysmex Corporation, BioMérieux, Ortho Clinical Diagnostics, DiaSorin, QIAGEN, and Thermo Fisher Scientific are among the major immunoassay providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/immunoassay-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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