Automated Immunoassay Analyzers Market

Automated Immunoassay Analyzers Market by Type, Application, Element, & by Region – Global Trends and Forecast to 2024

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Rising prevalence of infectious diseases and growing geriatric population has led to high diagnostic test volumes, aiding a trend shift towards lab automation. Technological innovation for development of effective lab equipment will drive global automated immunoassay analyzers market.

Increasing consolidation in laboratories and hospitals in the wake of health care reform to curb healthcare expenses should stimulate the industry growth. Rising number of centralized laboratories and large reference labs should escalate the demand for automated immunoassay analyzer systems.

Automated Immunoassay Analyzers Market size is set to exceed USD 25 billion by Market Size Forecasters Add New Global Automated Immunoassay Analyzers Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers.

Future Scope:

Infectious diseases should witness a healthy growth to surpass USD 7 billion by 2024. Rising incidence of infectious diseases, growing elderly population and improved healthcare systems is set to drive segment growth.

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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Market Segment by Manufacturers, this report covers

Abbott Diagnostics, Biokit, Carolina Liquid Chemistries Corporation, Luminex Corporation, Ortho Clinical Diagnostics, Roche Diagnostics, and Siemens Healthcare

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, Others

Automated Immunoassay Analyzers Market by End-use

Hospitals, Diagnostic Laboratories, Research and Academic Laboratories, Pharmaceutical & Biotechnology Companies, Others

Market Segment by Regions, regional analysis covers

North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Data Tables

TABLE 1.     Automated immunoassay analyzers industry 360 degree synopsis, 2013 – 2024

TABLE 2.     Global automated immunoassay analyzers market, 2013 – 2024 (USD Million)

TABLE 3.     Global automated immunoassay analyzers market by product, 2013 – 2024 (USD Million)

TABLE 4.     Global automated immunoassay analyzers market by application, 2013 – 2024 (USD Million)

TABLE 5      Global automated immunoassay analyzers markets by end-use, 2013 – 2024 (USD Million)

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Automated Immunoassay Analyzers Market Trend to 2024 Profiling Abbott Diagnostics, Biokit, Carolina Liquid Chemistries Corporation, Luminex Corporation

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Global Automated Immunoassay Analyzers Market is Projected to grow at 15% CAGR during the period 2017-2024. Automated Immunoassay Analyzers Industry research report also provides granular analysis of the market share, Size, segmentation, revenue forecasts and geographic regions of the market.

Rising prevalence of infectious diseases and growing geriatric population has led to high diagnostic test volumes, aiding a trend shift towards lab automation. Technological innovation for development of effective lab equipment will drive global automated immunoassay analyzers market.

Increasing consolidation in laboratories and hospitals in the wake of health care reform to curb healthcare expenses should stimulate the industry growth. Rising number of centralized laboratories and large reference labs should escalate the demand for automated immunoassay analyzer systems.

Automated Immunoassay Analyzers Market size is set to exceed USD 25 billion by 2024; as per a new research report.

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Adoption of innovative diagnostic technologies should lead to prolific growth in automated immunoassay analyzers market. New product launches with ability to perform more than one test at a time using software allows diagnostic laboratories to perform routine as well as specialized tests.

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.

Infectious diseases should witness a healthy growth to surpass USD 7 billion by 2024. Rising incidence of infectious diseases, growing elderly population and improved healthcare systems is set to drive segment growth.

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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.

Some of the prominent industry players in the competitive market include Abbott Diagnostics, Biokit, Carolina Liquid Chemistries Corporation, Luminex Corporation, Ortho Clinical Diagnostics, Roche Diagnostics, and Siemens Healthcare.

The automated immunoassay analyzers market is dominated by few companies with a strong financial muscle, expanded geographical footprint, and extensive product portfolio. New product launch or customizing existing product by adding broad assay of test menus is the major trend adopted by industry participants to hold their market position.

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