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Immunoassay Market Price, Development Strategy, Key Vendors, Forecast by 2030

Increase in prevalence of chronic and infectious diseases is a key factor driving market revenue growth Market Size u2013 USD 39.72 Billion in 2021, Market Growth u2013 at a CAGR of 3.9%, Market Trends u2013 Integration of microfluidics technology in immunoassays

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Immunoassay Market Price, Development Strategy, Key Vendors, Forecast by 2030

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  1. Immunoassay Market Size Worth USD 55.85 Billion in 2030 www.emergenresearch.com Increase in prevalence of chronic and infectious diseases is a key factor driving market revenue growth

  2. Industries We Cater to Food & Beverages Foods & Beverage, Food Ingredients, Food Processing and Equipment, Food Testing and Supply Chain, Health Food and Sports Nutrition, Frozen and Processed Food, Household, Retail Power & Energy Oil and Gas, Electricity, Energy Storage, Environmental, Renewable Energy Automotive Services Information and Tech Electric and Hybrid Vehicles, Off Highway and On Highway Vehicles, Aftermarket and Maintenance, Automotive Parts, Interior and Exterior Materials, Automotive electronics and Systems Data Security, Cloud Computing, IoT and Digitalization, Robotics, Telecom and Networking, Software and Services, Analytics, Semiconductor, Internet and E-Commerce www.emergenresearch.com Pharma & Healthcare Materials and Chemicals Medical Devices, Therapeutics, Biotechnology, Medical Imaging, Healthcare IT, Hospital Management, Diagnostics, Laboratory Equipment, Pharmaceutical Organic Chemicals, Disinfectants and Preservatives, Adhesives and Sealants, Polymers and Resins, Petrochemicals, Agrochemicals and Fertilizers, Paints and Coatings 5

  3. Market Summary 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. In addition, introduction of effective immunoassay technologies is another key factor driving market revenue growth. For instance, on September 2022, Neogen Corporation introduced novel Veratox VIP test for cashew detection, the second in Neogen's new Veratox VIP range of increased quantitative ELISA kits. The new Veratox VIP for cashew allergy test exhibits strong performance across sample types while sticking to the basic testing technique of Veratox product range. Read More : https://www.emergenresearch.com/industry-report/immunoassay-market www.emergenresearch.com

  4. Market Summary Some Key Highlights From the Report The reagents and kits segment accounted for a significant revenue share in 2021. Immunoassay kits identify compounds of interest by using immunological proteins, or antibodies. These molecules of interest might be antigens from bacteria or viruses, hormones, or antibodies. Multiplex immunoassays have expanded applications of immunoassay reagents and kits in a wide range of sectors including pharmaceutical businesses, biotechnology and life science firms, Food & Beverage (F&B) companies, and environmental monitoring,. In addition, demand for immunoassay testing kits is being driven by launch of molecular tests, as well as increase in reagent and kit sales. The Enzyme-Linked Immunosorbent Assay (ELISA) segment accounted for a significant revenue share in 2021. ELISA employs a variety of antigen-antibody combinations, always incorporating an enzyme-labeled antigen or antibody, and enzyme activity is colorimetrically evaluated. These are simple to operate, need no specialized equipment, and both experienced lab personnel and research lab novices may rapidly master ELISA abilities. The test is most commonly used to detect or diagnose viral infection, particularly infection of blood-borne viruses, such as Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), and HIV. Increasing prevalence of these illnesses is expected to drive market revenue growth of this segment. Request Free Sample @ https://www.emergenresearch.com/request-sample/1507 www.emergenresearch.com

  5. Market Summary • Emergen Research has segmented the global immunoassay market based on product, technology, application, end-use, and region: • Product Outlook (Revenue, USD Billion; 2019-2030) • Reagents and Kits • Instruments • Technology Outlook (Revenue, USD Billion; 2019-2030) • Radioimmunoassay (RIA) • Enzyme-Linked Immunosorbent Assay (ELISA) • Rapid Test • Fluoroimmunoassay (FIA) • Chemiluminescence Immunoassay (CLIA) • Others • Application Outlook (Revenue, USD Billion; 2019-2030) • Therapeutic Drug Monitoring • Oncology • Cardiology • Endocrinology • Infectious Disease Testing • Autoimmune Diseases • Others

  6. MARKETSEGMENTATION www.emergenresearch.com

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  8. At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade. Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors. About Us www.emergenresearch.com

  9. Lets Talk; Contact Information Reach out to us and our Research Executives will ensure you get the report that meets all your requirements and address all your concerns. 14671 110 Avenue, Surrey, British Columbia, V3R2A9 www.emergenresearch.com www.emergenresearch.com sales@emergenresearch.com +1 (604) 757-9756

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