Immunoassay is a test that measures the concentration of analytes in blood samples, this is done by an instrument known as immunoassay analyzer. This instrument measures the presence or concentration of proteins in analyte samples; using antigen-antibody binding properties. Increasing demand for the new and better drugs has led to increase the number of testing procedures. These assays are used to monitor and measure different types of diseases. The global Immunoassay Analyzer Market is majorly driven by an increasing prevalence of different infectious, immunological or metabolic diseases, increasing demand of advanced diagnostic devices and recent trends of automation and integration which together have led to the introduction of innovative products in this market. The global immunoassay analyzers market is growing at a healthy CAGR of 15.6% during the forecast period of 2017-2023.
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As per the Center of Disease Control and Prevention, more than 17.8 million individuals experiences irresistible infections every year. Alongside this, rising number of patient experiencing cardiovascular sicknesses and diabetes has fortified the interest for the distinctive medications and tests eventually prompted the development of the market. Moreover, expanding geriatric populace, evolving way of life, developing propensity for smoking and drinking alongside expanding spending on social insurance have additionally fuelled the development of this market. Be that as it may, test and measures performed are entirely screen and subsequently, strict administrative necessity and high cost of the instruments may prevent this present market’s development.
Top Key Player of Immunoassay Analyzers Market:
The key players that are involved in Global Immunoassay Analyzers market Abbott Diagnostics (U.S), Beckman Coulter (U.S), BioMerieux (U.S), Roche Diagnostics (Switzerland), Siemens Healthcare Diagnostic (Germany) and others.
America dominates the global immunoassay analyzer market owing to large patient population and strong government support. Increasing diabetic population has also contributed in the growth of the market. According to the WHO, in 2016, 9.6% of total America population were suffering from diabetes. In addition to this, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America. Government and many companies are conducting many seminar in order to create awareness among the people which is created a room for the market growth.
Europe commands the second largest Immunoassay Analyzer Industry, which is followed by Asia Pacific. Presence of huge patient pool, and increasing government support will drive the market in Europe. Asia Pacific is the fastest growing region for the market due to the presence of a rapidly developing economies, and increasing need for the better treatment. China and India are the major contributor for the market.
On the other hand, the Middle East & Africa has the least share in the global immunoassay analyzer market due to presence of poor economy especially in Africa region. Middle East holds the major share in the Middle East & Africa immunoassay analyzer market owing to well-developed healthcare sector and huge healthcare expenditure.
- Report Prologue
- Market Introduction
- Research Methodology
- Market Dynamics
- Market Factor Analysis
- Global Immunoassay Analyzers Market, By Type
- Global Immunoassay Analyzers Market, By Application
- Global Immunoassay Analyzers Market, By Method
- Global Immunoassay Analyzers Market, By Country
- Company Profile
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