Global Market – Overview
The Immunoassay Analyzer market is rapidly growing owing to the emergence of advance instruments and adoption of automated and advanced techniques for laboratory instruments in developed countries. According to a recent study report published by the Market Research Future, The global market of Immunoassay Analyzer is been increasing. The market is expected to grow at a rapid pace during the forecast period (2017 – 2027). The Immunoassay Analyzer Market is forecasted to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2027).
An Immunoassay Analyzer is an instrument used in hospital and clinical laboratories to run automated biochemical tests to detect the presence and concentration of substances in the samples. There are many types of tests that Immunoassay Analyzer can perform, including testing for cancer markers, diagnosing infectious diseases, cardiac analysis, therapeutic drug monitoring, and allergy testing. Random sampling and continuous access sampling are two ways that an Immunoassay Analyzer can process a sample. The samples can undergo several kinds of immunoassays tests for micro particle enzyme, ion capture, fluorescence polarization, and chemiluminescence. When choosing an Immunoassay Analyzers, it is important to consider the types of tests and reagents needed, if automatic repeat and dilution are required, and the speed in which the tests can be completed. Nowadays, Immunoassay Analyzers are unique and fully automated. The innovative and unique technology allows, the simultaneous measurement of immunoassays and clinical chemistry parameters, including turbid metric tests in one sample. Immunoassay Analyzers provide diagnostic services to hospitals, clinics and large medical practice facilities.
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Major Key Players
- Abbott Diagnostics (U.S),
- Beckman Coulter (U.S),
- BioMerieux (U.S),
- Roche Diagnostics (Switzerland),
- Siemens Healthcare Diagnostic (Germany)
The major factors contributing to the market growth are; increasing growth in healthcare technology, rising interest for next-generation immunodiagnostics. Additionally, growing clinical applications for investigation and diagnosis of various chronic and related infectious diseases is anticipated to fuel the growth of the immunoassay instruments market.
Further, burgeoning prevalence of infectious diseases and chronic conditions, which require early diagnosis, prevention, and treatment, is one of the main factors boosting the demand for Immunoassay Analyzers and compact consumable products in the healthcare sector. Moreover, the market is gaining traction owing to the launch of innovative products. Commercialization of such immunoassay products is also expected to increase considerably in the recent future. However, stringent regulatory requirements and high cost involved in transitioning from conventional to automated instruments may challenge the growth of the market.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 120 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Immunoassay Analyzers Market Research Report – Forecast to 2027”
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To meet competitive market demands, manufacturers typically design new immunoassay instruments to incorporate many additional capabilities and features. Such expanded feature sets often include pre-analytical automation, interoperability with clinical chemistry and other analyzers, automated reflex testing protocols, automated specimen storage, automated quality control, and flexible reporting methods.
The Immunoassay Analyzers market appears to be highly competitive and fragmented owing to the presence of several large and small key players accounting for a substantial market share. These key players compete based on pricing, innovation, product differentiation, distribution and promotion. Well established players incorporate acquisition, collaboration, partnership, expansion, product & technology launch in order to gain competitive advantage in this market and to maintain their market position.
North America dominated the global Immunoassay Analyzers market with the largest market share, accounting for astronomical amounts and is expected to grow over its previous growth records by 2027. The European market for Immunoassay Analyzers is expected to grow at a substantial GAGR during 2017-2027. Asia-Pacific is expected to grow at a considerable CAGR during 2017 – 2027. In North America, the government authorities and private companies have significantly contributed toward development of technology, supported research funding, and helped in commercialization of immunoassay analyzers and associated instruments.
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