Automated Immunoassay Analyzers Market Surge to cross $25bn by 2024
Sellbyville, DE -- (SBWIRE) -- 11/29/2018 -- Global Automated Immunoassay Analyzers Market is set to exceed USD 25 billion by 2024; according to a new research study published by Global Market Insights, Inc.
Stringent regulatory framework and need to operate under rising pricing pressures adversely impacts the profit margins for the laboratories inhibiting the business growth. Laboratories are focusing on high volume testing to improve profitability per test and adopt automated systems to provide accurate diagnosis with effective workflow solutions.
Chemiluminescence analyzers should witness robust growth owing to the sensitivity and accuracy of diagnosis using low analyte concentrations. The automated chemiluminescent immunoassay analyzers improve the work efficiency by identifying over hundreds of analytes per hour.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- bioMérieux
- Roche Diagnostics Middle East
- BD
- Biokit
- PerkinElmer, Inc.
- DiaSorin
- Ortho Clinical Diagnostics
- Luminex Corporation
- Inova Health System
- A Werfen Company
- Carolina Liquid Chemistries Corp.
- Meril Life Sciences India Pvt Ltd
- Arlington Scientific, Inc.
U.S. automated immunoassay analyzers market accounted for more than 90% of regional industry revenue in 2016. Favorable healthcare reforms for diagnostic care, adoption of innovative products and increasing consolidation of laboratories should boost demand for automated instruments used for high volume testing.
India should witness robust regional growth over forecast years owing to increasing government focus towards development of healthcare infrastructure by encouraging public private partnership to improve healthcare delivery into rural markets. Furthermore, increasing number of pathology laboratories and rising number of private and public hospitals should fuel automated immunoassay analyzers market growth.
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Automated Immunoassay Analyzers Market by Product
- Immunofluorescence
- Chemiluminescence
- ELISA
- Enzyme Linked Fluorescent System
- Multiplexed Assay System
- Radioimmunoassay
Automated Immunoassay Analyzers Market by Application
- Infectious Diseases
- Endocrinology
- Drug Monitoring
- Cardiology
- Oncology
- Allergy Testing