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Global Immunofluorescence Assay Market to reach USD 3.68 billion by 2028.

Global Immunofluorescence Assay Market to reach USD 3.68 billion by 2028.

Product Code: HLSB-17162787
Publish Date: 27-03-2022
Page: 200

Global Immunofluorescence Assay Market is valued approximately USD 2.45 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.0% over the forecast period 2022-2028.
Immunofluorescence assay (IFA) is a standard virologic procedure for detecting the presence of antibodies. The antibodies utilized in the assay are labeled with a fluorescence dye and enable them to tie up with its complementary antigen. The technique is used to analyze the presence of specific proteins in the culture, cell, patient’s body fluid sample, and others. The rising availability of government funding for life science research, growing awareness regarding the detection of diseases at the initial stage, coupled with the increasing prevalence of chronic diseases like cancer, cardiovascular, and other infectious diseases are the chief factors that may accelerate the market growth across the globe. For instance, as per the American Institute for Cancer Research, in 2018 there were around 18.1 million cancer cases were accounted around the world and it is anticipated to reach about 29.5 million by the end of 2040. Moreover, as per the World Health Organization (WHO), in 2020, chronic diseases are accounted for nearly 73% of all deaths and 60% of the global burden of diseases. Thereby, rising incidences of chronic diseases such as neurological disorders, cancer, autoimmune diseases, diabetes, lung disorders, and many others are propels the market demand around the world. However, high instrument costs and a dearth of skilled professionals impede the growth of the market over the forecast period of 2022-2028. Also, an increasing number of research activities is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Immunofluorescence Assay Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing research activities, availability of government funding, and presence of chief market players across the region. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing spending on the R&D activities, as well as, the growing incidence of chronic & infectious diseases, would create lucrative growth prospects for the Immunofluorescence Assay Market across the Asia-Pacific region.

Major market players included in this report are:
Thermo Fisher Scientific, Inc.
Bio-Rad Laboratories, Inc.
PerkinElmer Inc.
Cell Signaling Technology, Inc.
Sino Biological, Inc.
Danaher Corporation
Enzo Biochem, Inc.
Becton, Dickinson and Company
Olympus Corporation
Nikon Corporation
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Products:
Consumables and Accessories
By Type:
Indirect Immunofluorescence
Direct Immunofluorescence
By Disease:
Infectious Diseases
Cardiovascular Diseases
Autoimmune Diseases
Other Diseases
By End User:
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Contract Research Organizations
Hospitals & Diagnostic Centers
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Immunofluorescence Assay Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Immunofluorescence Assay Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Immunofluorescence Assay Market, by Products, 2020-2028 (USD Billion)
1.2.3. Global Immunofluorescence Assay Market, by Type, 2020-2028 (USD Billion)
1.2.4. Global Immunofluorescence Assay Market, by Disease, 2020-2028 (USD Billion)
1.2.5. Global Immunofluorescence Assay Market, by End User, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Immunofluorescence Assay Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Immunofluorescence Assay Market Dynamics
3.1. Immunofluorescence Assay Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Rising incidences of chronic diseases Increasing government funding for life science research
3.1.2. Market Challenges High instrument costs Dearth of skilled professionals
3.1.3. Market Opportunities Increasing number of research activities
Chapter 4. Global Immunofluorescence Assay 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
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Immunofluorescence Assay Market, by Products
6.1. Market Snapshot
6.2. Global Immunofluorescence Assay Market by Products, Performance – Potential Analysis
6.3. Global Immunofluorescence Assay Market Estimates & Forecasts by Products 2019-2028 (USD Billion)
6.4. Immunofluorescence Assay Market, Sub Segment Analysis
6.4.1. Antibodies
6.4.2. Reagents
6.4.3. Kits
6.4.4. Instruments
6.4.5. Consumables and Accessories
Chapter 7. Global Immunofluorescence Assay Market, by Type
7.1. Market Snapshot
7.2. Global Immunofluorescence Assay Market by Type, Performance – Potential Analysis
7.3. Global Immunofluorescence Assay Market Estimates & Forecasts by Type 2019-2028 (USD Billion)
7.4. Immunofluorescence Assay Market, Sub Segment Analysis
7.4.1. Indirect Immunofluorescence
7.4.2. Direct Immunofluorescence
Chapter 8. Global Immunofluorescence Assay Market, by Disease
8.1. Market Snapshot
8.2. Global Immunofluorescence Assay Market by Disease, Performance – Potential Analysis
8.3. Global Immunofluorescence Assay Market Estimates & Forecasts by Disease 2019-2028 (USD Billion)
8.4. Immunofluorescence Assay Market, Sub Segment Analysis
8.4.1. Cancer
8.4.2. Infectious Diseases
8.4.3. Cardiovascular Diseases
8.4.4. Autoimmune Diseases
8.4.5. Other Diseases
Chapter 9. Global Immunofluorescence Assay Market, by End User
9.1. Market Snapshot
9.2. Global Immunofluorescence Assay Market by End User, Performance – Potential Analysis
9.3. Global Immunofluorescence Assay Market Estimates & Forecasts by End User 2019-2028 (USD Billion)
9.4. Immunofluorescence Assay Market, Sub Segment Analysis
9.4.1. Academic & Research Institutes
9.4.2. Pharmaceutical & Biotechnology Companies
9.4.3. Contract Research Organizations
9.4.4. Hospitals & Diagnostic Centers
Chapter 10. Global Immunofluorescence Assay Market, Regional Analysis
10.1. Immunofluorescence Assay Market, Regional Market Snapshot
10.2. North America Immunofluorescence Assay Market
10.2.1. U.S. Immunofluorescence Assay Market Products estimates & forecasts, 2019-2028 Type estimates & forecasts, 2019-2028 Disease estimates & forecasts, 2019-2028 End User estimates & forecasts, 2019-2028
10.2.2. Canada Immunofluorescence Assay Market
10.3. Europe Immunofluorescence Assay Market Snapshot
10.3.1. U.K. Immunofluorescence Assay Market
10.3.2. Germany Immunofluorescence Assay Market
10.3.3. France Immunofluorescence Assay Market
10.3.4. Spain Immunofluorescence Assay Market
10.3.5. Italy Immunofluorescence Assay Market
10.3.6. Rest of Europe Immunofluorescence Assay Market
10.4. Asia-Pacific Immunofluorescence Assay Market Snapshot
10.4.1. China Immunofluorescence Assay Market
10.4.2. India Immunofluorescence Assay Market
10.4.3. Japan Immunofluorescence Assay Market
10.4.4. Australia Immunofluorescence Assay Market
10.4.5. South Korea Immunofluorescence Assay Market
10.4.6. Rest of Asia Pacific Immunofluorescence Assay Market
10.5. Latin America Immunofluorescence Assay Market Snapshot
10.5.1. Brazil Immunofluorescence Assay Market
10.5.2. Mexico Immunofluorescence Assay Market
10.6. Rest of The World Immunofluorescence Assay Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Thermo Fisher Scientific, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Bio-Rad Laboratories, Inc.
11.2.3. PerkinElmer Inc.
11.2.4. Cell Signaling Technology, Inc.
11.2.5. Sino Biological, Inc.
11.2.6. Danaher Corporation
11.2.7. Enzo Biochem, Inc.
11.2.8. Becton, Dickinson and Company
11.2.9. Olympus Corporation
11.2.10. Nikon Corporation
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

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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