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Global Immunoassay Market to reach USD XX billion by the end of 2030.

Global Immunoassay Market Size study & Forecast, by Product (Reagents & Kits, Analyzers/Instruments, Software & Services), by Technology (Radioimmunoassay (RIA), Enzyme Immunoassays (EIA) Rapid Test, Others), by End-use (Therapeutic Drug, Monitoring, Oncology, Cardiology, Endocrinology, Infectious Disease Testing, Autoimmune Diseases), by Application (Hospitals, Blood Banks, Clinical Laboratories, Others), by Form (Natural Immunoassay, Synthetic Immunoassay) and Regional Analysis, 2023-2030

Product Code: HLSMD-92375048
Publish Date: 10-01-2024
Page: 200

Global Immunoassay Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. Immunoassay is a biochemical technique used to detect the presence or quantify the concentration of a specific substance, often a protein or antigen, in a biological sample. The method relies on the specificity of the immune system, using antibodies or antigens to selectively bind to the target molecule. Immunoassays are widely employed in various fields, including clinical diagnostics, research, and environmental monitoring. The key factors driving the market growth are the rising incidence of chronic and infectious diseases, growing use of immunoassays in oncology, growing geriatric population, and rising use of immunoassays in diagnostic applications that are anticipated to support the market growth during the forecast period 2023-2030.

Additionally, the growing geriatric population is a significant factor supporting the growth of the immunoassay market. As individuals age, they are more prone to chronic diseases, such as cardiovascular diseases, cancer, diabetes, and autoimmune disorders. Immunoassays are crucial in diagnosing and monitoring these conditions by detecting specific biomarkers associated with diseases. According to the World Health Organization (WHO), in 2020, it was expected that aging people around the world accounted for 1 billion, which is projected to reach 1.5 billion by the year 2030 which represents 1 in 6 people more than 60. Moreover, growing technological advancements in immunoassay instruments are anticipated to create a lucrative opportunity for the market. However, the stringent regulatory scenario for approval of immunoassays stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Immunoassay Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing incidence of chronic diseases, increasing aging population, and rising healthcare expenditure. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as rising healthcare expenditure, increased R&D activities, increasing awareness about personalized medicine, and increasing incidence of chronic diseases.

Major market player included in this report are:
Siemens Healthineers
BioMérieux SA
Abbott Laboratories
Danaher Corporation (Beckman Coulter)
Quidel Corporation
Ortho Clinical Diagnostics
Sysmex Corporation
Bio-Rad Laboratories, Inc.
Becton, Dickinson and Company
Roche Holding AG

Recent Developments in the Market:
Ø In December 2021, Nomic (Canada), a burgeoning Canadian startup, successfully secured more than USD 17 million to advance its automated, high-throughput ELISA platform.
Global Immunoassay Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Technology, End-use, Application, Form, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Reagents & Kits
Analyzers/Instruments
Software & Services
By Technology:
Radioimmunoassay (RIA)
Enzyme Immunoassays (EIA) Rapid Test
Others
By End-use:
Therapeutic Drug Monitoring
Oncology
Cardiology
Endocrinology
Infectious Disease Testing
Autoimmune Diseases
By Application:
Hospitals
Blood Banks
Clinical Laboratories
Pharmaceutical and Biotech Companies
Academic Research Centers
Others
By Form:
Natural Immunoassay
Synthetic Immunoassay
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Immunoassay Market, by Region, 2020-2030 (USD Billion)
1.2.2. Immunoassay Market, by Product, 2020-2030 (USD Billion)
1.2.3. Immunoassay Market, by Technology, 2020-2030 (USD Billion)
1.2.4. Immunoassay Market, by End-use, 2020-2030 (USD Billion)
1.2.5. Immunoassay Market, by Application, 2020-2030 (USD Billion)
1.2.6. Immunoassay Market, by Form, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Immunoassay Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Immunoassay Market Dynamics
3.1. Immunoassay Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rising incidence of chronic and infectious diseases
3.1.1.2. Growing use of immunoassays in oncology
3.1.1.3. Growing geriatric population
3.1.1.4. Rising use of immunoassays in diagnostic applications
3.1.2. Market Challenges
3.1.2.1. Stringent regulatory scenario for approval of immunoassays
3.1.3. Market Opportunities
3.1.3.1. Growing technological advancements in immunoassay instruments
Chapter 4. Global Immunoassay Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Immunoassay Market, by Product
5.1. Market Snapshot
5.2. Global Immunoassay Market by Product, Performance – Potential Analysis
5.3. Global Immunoassay Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Immunoassay Market, Sub Segment Analysis
5.4.1. Reagents & Kits
5.4.2. Analyzers/Instruments
5.4.3. Software & Services
Chapter 6. Global Immunoassay Market, by Technology
6.1. Market Snapshot
6.2. Global Immunoassay Market by Technology, Performance – Potential Analysis
6.3. Global Immunoassay Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
6.4. Immunoassay Market, Sub Segment Analysis
6.4.1. Radioimmunoassay (RIA)
6.4.2. Enzyme Immunoassays (EIA) Rapid Test
6.4.3. Others
Chapter 7. Global Immunoassay Market, by End-use
7.1. Market Snapshot
7.2. Global Immunoassay Market by End-use, Performance – Potential Analysis
7.3. Global Immunoassay Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
7.4. Immunoassay Market, Sub Segment Analysis
7.4.1. Therapeutic Drug Monitoring
7.4.2. Oncology
7.4.3. Cardiology
7.4.4. Endocrinology
7.4.5. Infectious Disease Testing
7.4.6. Autoimmune Diseases
Chapter 8. Global Immunoassay Market, by Application
8.1. Market Snapshot
8.2. Global Immunoassay Market by Application, Performance – Potential Analysis
8.3. Global Immunoassay Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
8.4. Immunoassay Market, Sub Segment Analysis
8.4.1. Hospitals
8.4.2. Blood Banks
8.4.3. Clinical Laboratories
8.4.4. Pharmaceutical and Biotech Companies
8.4.5. Academic Research Centers
8.4.6. Others
Chapter 9. Global Immunoassay Market, by Form
9.1. Market Snapshot
9.2. Global Immunoassay Market by Form, Performance – Potential Analysis
9.3. Global Immunoassay Market Estimates & Forecasts by Form 2020-2030 (USD Billion)
9.4. Immunoassay Market, Sub Segment Analysis
9.4.1. Natural Immunoassay
9.4.2. Synthetic Immunoassay
Chapter 10. Global Immunoassay Market, Regional Analysis
10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Immunoassay Market, Regional Market Snapshot
10.4. North America Immunoassay Market
10.4.1. U.S. Immunoassay Market
10.4.1.1. Product breakdown estimates & forecasts, 2020-2030
10.4.1.2. Technology breakdown estimates & forecasts, 2020-2030
10.4.1.3. End-use breakdown estimates & forecasts, 2020-2030
10.4.1.4. Application breakdown estimates & forecasts, 2020-2030
10.4.1.5. Form breakdown estimates & forecasts, 2020-2030
10.4.2. Canada Immunoassay Market
10.5. Europe Immunoassay Market Snapshot
10.5.1. U.K. Immunoassay Market
10.5.2. Germany Immunoassay Market
10.5.3. France Immunoassay Market
10.5.4. Spain Immunoassay Market
10.5.5. Italy Immunoassay Market
10.5.6. Rest of Europe Immunoassay Market
10.6. Asia-Pacific Immunoassay Market Snapshot
10.6.1. China Immunoassay Market
10.6.2. India Immunoassay Market
10.6.3. Japan Immunoassay Market
10.6.4. Australia Immunoassay Market
10.6.5. South Korea Immunoassay Market
10.6.6. Rest of Asia Pacific Immunoassay Market
10.7. Latin America Immunoassay Market Snapshot
10.7.1. Brazil Immunoassay Market
10.7.2. Mexico Immunoassay Market
10.8. Middle East & Africa Immunoassay Market
10.8.1. Saudi Arabia Immunoassay Market
10.8.2. South Africa Immunoassay Market
10.8.3. Rest of Middle East & Africa Immunoassay Market

Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Company 1
11.1.2. Company 2
11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Siemens Healthineers
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Recent Developments
11.3.2. BioMérieux SA
11.3.3. Abbott Laboratories
11.3.4. Danaher Corporation (Beckman Coulter)
11.3.5. Quidel Corporation
11.3.6. Ortho Clinical Diagnostics
11.3.7. Sysmex Corporation
11.3.8. Bio-Rad Laboratories, Inc.
11.3.9. Becton, Dickinson and Company
11.3.10. Roche Holding AG
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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