(PharmaNewsWire.Com, December 22, 2017 ) Immunoassay is a biochemical process that determines the presence or concentration of a macromolecule or a smaller molecule in the solution making use of antibodies generally or sometimes an antigen, and the end product is termed analyte which is mostly a protein, yet it can be other kind of molecules also.
These assays are more adaptable and can be applied to various formats reliant on the needs of the end user. The principle constitute of an immunoassay is designed to detect a specific antigen, such as nucleoprotein, are the antibodies that have been selected precisely to ensure the identification of the antigen at low concentration with high specificity, meaning will not react with similar analytes.
Increasing prevalence of infectious diseases, increasing geriatric population, advancements in novel assays in various diseases of cardiology and oncology, increasing application in drug development and increasing investments in pharmaceuticals and biotechnology segments are the factors driving the growth of market. Lack of reimbursement policies, adoption of immunoassays in emerging markets, stringent regulations for storage are hindering the growth of the market.
The hospital segment is expected to account for the largest share of the global immunoassay market in 2016 owing to the growth in public healthcare awareness and increasing affordability of treatments. The infectious diseases segment is expected to account for the largest share of the global immunoassay market in 2016. The rise in incidence of HIV, tuberculosis, hepatitis, and other hospital-acquired infections has fuelled the demand for immunoassay tests.
Immunoassays Market: Region-wise Outlook
Based on geographical analysis the market is analysed into U.K., Germany, France, Italy and Spain. U.K. is the dominating region in the market due to presence of a well-developed healthcare system. Germany is expected to grow the fastest due to rising awareness and increasing government expenditure on healthcare.
Key Questions Answered
· What is the current and future Immunoassays Market outlook in Europe? What trends are affecting the market?
· What is the competitive landscape and market share of major players in the Immunoassays Market space in Europe?
· What are the key, high growth markets that Immunoassays Market manufacturers should expand into? Which market segments are growing the fastest?
· What are the unmet needs with the Immunoassays currently on the market? How will emerging technologies fulfil these unmet needs?
· What is Consumer perception and market outlook of Immunoassays?
· What are the challenges and barriers that have hindered widespread adoption of Immunoassays?
Immunoassays Market: Key Players
Some of the major players influencing the Europe Immnoassays market are Roche Diagnostics, DiaSorin S.p.A, Beckman Coulter, Siemens Healthcare, Ortho Clinical Diagnostics, bioMerieux, Thermo Fisher Scientific and Abbott Laboratories, Akers Biosciences, Inc, Becton Dickinson and Company, Devon Medical Products, EDP Biotech Corporation, Hologic (Gen-Probe), Intrinsic LifeSciences.
Reasons to buy Immunoassays Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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