The global immunoassay market size reached USD 39.72 Billion in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. Increase in prevalence of chronic and infectious diseases is a major factor driving market revenue growth. According to the International Diabetes Federation (IDF), in 2021 approximately 537 million were living with diabetes worldwide and the number is estimated to rise to 643 million by 2030. Immunoassays are often used in diabetology to measure HbA1c, C-peptide, insulin, and beta cell autoantibodies, which are vital indicators for diagnosis and categorization of diabetes mellitus. Important indicators for precise classification of type 1, type 2, and other specialized kinds of diabetes include autoantibodies against beta cell constituents.
The report is updated with the impact of the COVID-19 pandemic on the Immunoassay market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Immunoassay market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Immunoassay market.
Competitive Outlook: The leading companies operating in the Immunoassay market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Immunoassay Market and Profiled in the Report are:
Siemens Healthcare GmbH, Biomérieux, Abbott, Becton Dickinson and Company, Beckman Coulter, Inc., Hologic, Inc., Ortho Clinical Diagnostics, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., and Thermo Fisher Scientific
Objectives of the Report:
Study of the global Immunoassay market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Immunoassay market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Immunoassay market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Immunoassay market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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