Global Immunoassay Market Segments 2024, Forecast To 2033

5 Mar, 2024

The immunoassay market has experienced robust growth, expanding from $34.75 billion in 2023 to $36.79 billion in 2024, with a 5.9% CAGR. Factors contributing to historic growth include disease prevalence, aging population, infectious outbreaks, point-of-care testing, and increased research funding. The market is expected to continue its strong trajectory, reaching $47.01 billion in 2028, with a CAGR of 6.3%. The forecasted growth is attributed to personalized medicine, emerging markets, pandemic preparedness, cancer diagnostics, and a shift to home-based testing. Major trends in 2028 include regulatory harmonization, multipurpose immunoassays, customized assays, integration with wearables, and assay miniaturization.

Global Immunoassay Market Key Driver

The immunoassay market is on the rise due to the increasing number of infectious and chronic illnesses. Predictions by the NIH indicate a substantial rise in people aged 50 and older with chronic illnesses. Immunoassay serves as a vital tool in detecting and managing these diseases, contributing to the market's growth.

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Global Immunoassay Market Segments

The immunoassay market covered in this report is segmented –
1) By Product: Reagents And Kits, Analyzers Or Instruments, Software And Services
2) By Specimen: Blood, Saliva, Urine, Other Specimens
3) By Application: Therapeutic Drug Monitoring, Oncology, Cardiology, Endocrinology, Infectious Disease Testing, Autoimmune Diseases, Other Applications
4) By End User: Research And Academic Laboratories, Home Care Settings, Pharmaceutical And Biotechnology Companies And CROs, Blood Banks, Hospitals And Clinics, Clinical Laboratories
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions. North America was the largest region in the immunoassay market in 2023. Asia-Pacific is expected to be the fastest-growing region in the immunoassay market report during the forecast period. The regions covered in the immunoassay market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Immunoassay Industry Players

Siemens Healthineers GmbH; bioMérieux; Abbott; Beckman Coulter Inc.; Quidel Corporation; Ortho Clinical Diagnostics; Sysmex Corporation; Bio-Rad Laboratories Inc.; Becton Dickinson and Company; F. Hoffmann-La Roche Ltd; Thermo Fisher Scientific Inc.; Merck KGaA; Agilent Technologies Inc.; PerkinElmer Inc; WAK-Chemie Medical GmbH; J Mitra & Co Pvt Ltd; Kamiya Biomedical Company; Tosoh Corporation; Gyros Protein Technologies AB; BioCheck Inc.; Bio-Techn; DiaSorin S.p.A; Meso Scale Diagnostics LLC; QIAGE; Randox Laboratories Ltd.; Shenzhen Mindray Bio-Medical Electronics Co Ltd; Danaher Corporation; Hologic Inc.; Tecan Trading AG; Eurofins Scientific; Abcam plc; Enzo Biochem Inc.; Luminex Corporation; Quanterix Corporation; Roche Diagnostics; Waters Corporation; ZEUS Scientific Inc.

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AIOps Immunoassay Market Overview

Immunoassay is a bioanalytical test that employs antibody attachment to antigens to detect and quantify specific chemicals. Diseases can be diagnosed using immunoassays. Furthermore, information from test findings concerning an illness may be used to establish a course of therapy. This technique relies primarily on a competitive binding response for a finite number of receptors on an extremely specific anti-analyte antibody between a set quantity of labelled versions of an analyte and a substantial portion of an unmarked sample analyte.

Immunoassay Global Market Report 2023 provides data on the global immunoassay market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The immunoassay market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.