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(EuropeNewsWire.Net, November 10, 2017 ) According to the report Immunoassays Market, published by Market Data Forecast, the Global market is projected to reach USD 28.78 billion by 2022, at a CAGR of 9.8% from 2017 to 2022.
Immunoassays are fast and high accuracy tests which are used in a laboratory for measurong the concentration or detecting the presence of a minute molecule or macro molecule. The macro molecule are present in the form of either antibodies or proteins created as a result of an infection. Different technologies of immunoassays are enzyme-linked immunosorbent assay (ELISA), chemiluminescent immunoassay, enzyme linked fluorescence, , immunofluorescence, radioimmunoassay and various equivalent techniques.
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Immunoassays Market: Drivers & Restraints
Factors like rising incidences of infectious disorders, growing old age population, development of novel assays in many diseases like Cardiology and oncology, increasing applications in diagnosis of drug monitoring tests, infectious ailments and identification of cancer biomarkers are driving the market growth. Also, growing requirement of reagents, sensitive assays and analytical methods, easy availability of a variety of reagents, development of novel biomarkers, increasing government support and financial aid in the pharmaceutical and biotechnology sector are fueling the growth of the market. However, insufficient reimbursement, and strict rules of storage are hindering the growth of this market.
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Immunoassays Market: Segmentation
By End users
Academic Research institute
Pharmaceutical and Biotech vendors
o United States
o South Korea
o Rest of Latin America
Middle East & Africa
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at: http://www.marketdataforecast.com/market-reports/global-immunoassays-market-1567/customize-report
Immunoassays Market: Overview
As of 2017, the global Immunoassays market was valued at 18.04 billion and is projected to show a substantial growth in the forecasting period.
The Global Immunoassays market was dominated by North America as of 2017 due to rising acceptance of inexpensive immunoassay equipment in research laboratories
Immunoassays Market: Key Players
The Immunoassays market is highly competitive with a large number of players. Some of the major Companies are Beckman Coulter, Siemens Healthcare, Roche Diagnostics, DiaSorin S.p.A, Ortho Clinical Diagnostics, Inc Devon Medical Products, EDP Biotech Corporation, Hologic (Gen-Probe), bioMerieux, Becton Dickinson and Company, Thermo Fisher Scientific, Abbott Laboratories, Akers Biosciences, Intrinsic LifeSciences.
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