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. Immunodiagnostics 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 traditional strongholds of the immunodiagnostic reagent market. Immunodiagnostic Reagent kits are widely used by druggists to monitor drug delivery and the effect of the drugs administered in the system.

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 Growing geriatric population and demand for therapeutic treatments to deal with chronic diseases is boosting the R&D infrastructure. The increase in awareness and availability of different immunodiagnostics reagents are anticipated to drive the global immunodiagnostic reagent market growth during the forecast period. However high costs of immunodiagnostics reagents are expected to hinder the market growth to a certain extent. On the other hand, untapped potential in the emerging economies is expected to provide profitable growth opportunities for the players over the forecast period.

 North America is occupied the largest market share in the global immunodiagnostic reagent market in 2019. Rise in the investment towards R&D to develop novel therapeutics and various diagnosis procedures for the treatment of serious diseases is a major factor fueling to the growth of the immunodiagnostic reagent market in North America. Increased government spending for such initiatives will also supplement the global immunodiagnostic reagents market.

 Asia Pacific immunodiagnostic reagents market is projected to grow at the highest CAGR of 16.8% over the forecast period. Increase in the technological advancement in the region along with emergence of new research facilities in China and India are a key factor influencing immunodiagnostic reagent market growth in this region.

 To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/immunodiagnostic-reagent-market

 Key players in the immunodiagnostic reagent market include:

 ·       Abbott Laboratories,

·       Immunodiagnostic Reagent Systems Holdings Plc (IDS),

·       DiaSorin S.p.A.,

·       Johnson & Johnson,

·       F. Hoffmann-La Roche Ltd,

·       Siemens AG,

·       Sysmex Corporation,

·       Danaher Corporation,

·       Thermo Fisher Scientific Inc.,

·       OPKO Health Inc.,

·       Bio-Rad Laboratories, Inc.,

·       Arkray, Inc.

 Immunodiagnostic Reagent Market: Segmentation

 For the purpose of this report, Reports and Data has segmented the global immunodiagnostic reagent market on the basis of by reagent, by application, by end user and region:

 By Reagent (Revenue, USD Million; 2017–2027)

  • Enzyme-linked Immunosorbent Assay (ELISA) Reagents and Kits
  • Rapid Test Reagents and Kits
  • Enzyme-linked Immunospot ELISPOT Reagents and Kits
  • Western Blot Reagents and Kits
  • Other Reagents & Kits

 By Application (Revenue, USD Million; 2017–2027)

  • Infectious Diseases
  • Hepatitis & retrovirus
  • Oncology & endocrinology
  • Bone & mineral
  • Autoimmunity
  • Cardiac biomarker
  • Other Applications

 By End User (Revenue, USD Million; 2017–2027)

  • Clinical Laboratories
  • Hospitals
  • Academic & Research Centers
  • Pharmaceutical & Biotechnology Industry
  • Other End Users

 By Region (Revenue, USD Million; 2017–2027)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of the Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • Middle East and Africa
  • Latin America
    • Brazil

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