Immunodiagnostics Market Trends, Regional Analysis With Global Forecast To 2025
The global immunodiagnostics market size was valued at USD 15,777.5 Million in 2017, is projected to reach USD 22,732.7 Million by the end of 2025, exhibiting a CAGR of 4.7%.
The Immunodiagnostics Market research report for
2023–2030 highlights the important market trends in the industry. In
addition to looking at entry barriers, sales channels, distributors, and
Porter's Five Forces Analysis, this market analysis also looks at market size,
market share, growth rate, future trends, market drivers, opportunities,
challenges, and risks. The research shows changes in CAGR figures over the
market's projection period. The leading brands or companies are generally
accountable for the modifications in the market landscape through their innovations,
product launches, joint ventures, mergers, and acquisitions, which modify the
perception of the industry's global face.
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This Immunodiagnostics Market Report provides its clients
with authentic data that aids in making important decisions by providing a
market outlook. This report also keeps track of all recent market advancements
and innovations. It provides information on the challenges faced when starting
a business and offers advice on how to deal with impending difficulties.
Major Market Players Profiled in the Report include:
- Abbott
- Hoffmann-La
Roche AG (Roche Diagnostics)
- DiaSorin
- Danaher
Corporation
- QIAGEN
- bioMérieux
- Thermo
Fisher Scientific
- Quest
Diagnostics
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Market Drivers:
Demand in the
oncology and endocrinology segment will rise.
Oncology and endocrinology, infectious disease testing,
hepatitis and retrovirus testing, and GI stool testing are the different
application categories for the immunodiagnostic market. Oncology and
endocrinology generated a market share of 25.6% in 2017. The adoption of
immunodiagnostics in various applications, particularly endocrine disorders and
cancer, is credited with the segment's highest market share. Both the number of
products that have been reimbursed and the number of new products that have
been approved have increased. By the end of 2025, several tests are anticipated
to drive the global immunodiagnostics market.
By Product
·
Instruments
·
Reagents
& Consumables
By Application
·
Oncology
& Endocrinology
·
Hepatitis
& Retrovirus
·
Cardiac
Markers
·
Infectious
Diseases
·
Others
By End user
·
Clinical
Laboratories
·
Hospitals
·
Physician’s
Offices
·
Others
Regional Analysis:
Asia Pacific will continue to rule the market.
Geographically, the
global market for immunodiagnostics can be divided into Latin America, North
America, Asia Pacific, the Middle East, Europe, and Africa. The Asia Pacific
market, which was the most valuable among these regions in 2017 with US$
3,949.1 Mn, is expected to continue to grow at a relatively high CAGR over the
course of the forecast period. The general public is becoming more aware of
disease management, which encourages them to undergo routine health
examinations and tests. Additionally, this has improved the world market for
immunodiagnostics.
This Report Aims To Provide:
An analysis, both qualitative and quantitative, of the
dynamics, trends, and projections for the years 2023 to 2030.
The use of analysis tools like SWOT analysis and Porter's
five force analysis helps to explain how capable buyers and suppliers are of
making decisions that will strengthen their companies bottom lines.
The current market opportunities are identified through a
thorough analysis of market segmentation.
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Questions Answered in the Immunodiagnostics Market
Research Report
- Which
are the leading players active in the Immunodiagnostics Market size?
- What
are the detailed impacts of COVID-19 on the market?
- What
current trends will influence the market in the next few years?
- What
are the driving factors, restraints, and opportunities in the market?
- What
future projections would help in taking further strategic steps?
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