Immunodiagnostic Reagent Market Set for Rapid Growth forecast 2020-2027, Key Players - Abbott Laboratories, Immunodiagnostic Reagent Systems Holdings Plc (IDS), DiaSorin S.p.A., and More
Immunodiagnostic Reagent Market Size to Reach USD 16.78 Billion By 2027 According to Reports and Data analysis, the global immunodiagnostic reagent market size is expected to reach USD 16.78 billion by year 2027, in terms of value at a CAGR of 13.2% from 2020-2027. The rise in the incidence of HIV, cancer, respiratory diseases, and others is likely to drive the growth of the global immunodiagnostic reagent market. I mmunodiagnostics use an antigen-antibody reaction as their chief source of disease detection. These tests employ antibodies as diagnosis reagents and are extensively used in various scientific disciplines. Apart from major clinical applications, immunodiagnostic reagent tests are also used in environmental analysis, food analysis and forensic science. Different biomolecules such as proteins act as immunodiagnostic reagent to execute immunodiagnostic reactions. After clinical laboratories and hospitals, the pharmaceutical and biotechnology industries are the trad