According to IMARC Group latest report titled” Immunodiagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited moderate growth during 2015-2020. The global immunodiagnostics market size to grow at a CAGR of around 6% during 2021-2026. Immunodiagnostics represents an in-vitro diagnostic technology using antigen-antibody reaction to detect infectious and chronic diseases. It utilizes radiological, fluorescent, or color-forming enzymes to probe for antibodies that help in improving the targeting range to identify disease progression. These solutions are extensively used to diagnose cancer, endocrine, respiratory, and oncological disorders, autoimmune diseases, etc., as well as for forensic psychology and environmental and food analysis. As a result, immunodiagnostics finds widespread applications across hospitals, research and academic institutes, clinical laboratories, etc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The growing occurrences of chronic ailments and infections among the masses are primarily driving the need for immunodiagnostics. Additionally, the expanding geriatric population, who are more susceptible to such diseases, is further providing a thrust to the market growth. Moreover, the elevating consumer awareness towards the availability of alternative treatments for numerous conditions, such as diabetes and hepatitis B, is also bolstering the demand for immunodiagnostics kits, assays, analyzers, etc. Besides this, various technological advancements, including the development of next-generation immunodiagnostics platforms, are offering enhanced diagnostic facilities for several medical disorders with higher mortality rates, such as sepsis and acute cardiac infractions. Furthermore, improving healthcare infrastructure worldwide, along with the rising need for personalized medicines among the masses, will continue to further propel the immunodiagnostics market growth over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Abbott Laboratories
- Arkray Inc.
- bioMérieux SA
- Bio-Rad Laboratories Inc.
- DiaSorin S.p.A.
- Hoffmann-La Roche AG
- Immunodiagnostic Systems Holdings PLC
- Johnson & Johnson
- Siemens AG
- Sysmex Corporation
- Thermo Fisher Scientific Inc
Keyword Market Segmentation:
Our report has categorized the market based on region, product, technology, application and end use industry.
Breakup by Product:
- Software and Services
Breakup by Technology:
- Enzyme-Linked Immunosorbent Assay
- Chemiluminescence Immunoassay
- Fluorescent Immunoassay
- Rapid Test
Breakup by Application:
- Infectious Diseases
- Oncology and Endocrinology
- Hepatitis and Retrovirus
- Bone and Mineral
- Cardiac Biomarker
Breakup by End User:
- Clinical Laboratories
- Academic and Research Centers
- Pharmaceutical and Biotechnology Industry
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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