The comprehensive study of “Immunoassays Market” report provides deep idea into the market dynamics & overall development of the industry. The report covers growth prospect, current information, market risks involved, cost structure & several other vital information is included in the Immunoassays industry report. The latest market study on the Immunoassays Market applies the best primary and secondary research techniques to bring the growth rate up to 2024.
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Immunoassays Market by Key Players:
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- In-depth analysis of the market on the global and regional level.
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- Segmentation on the basis of type, application, geography and others.
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- Major changes and assessment in market dynamics & developments.
- Industry size & share analysis with industry growth and trends.
- Emerging key segments and regions
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- The research report covers size, share, trends and growth analysis of the Immunoassays Market on the global and regional level.
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Key Market Trends:
Infectious Disease Segment, under Application, is Expected to Lead the Market
Immunoassays for infectious disease are expected to lead the market, and continue the same during the forecast period. This can be mainly attributed to the upsurge in the prevalence of infectious diseases, such as Lyme disease, salmonella infections, tuberculosis (TB), and meningococcal ailments cases. For instance, according to the Centers for Disease Control and Prevention (CDC), one-fourth of the world’s population is infected with TB. In 2017, there were approximately 10 million people, around the world, who were infected with TB, and 1.3 million deaths occurred due to TB, across the world. Therefore, utilization of immunoassays may help in detecting these diseases, which is anticipated to increase the market growth.
North America Dominates the Market and is Expected to do Same during the Forecast Period
Currently, North America dominates the market for immunoassays, and is expected to continue its stronghold for a few more years. In the North American region, the United States holds the largest market share. This can be majorly attributed to the increasing incidence rates of chronic disorders, infectious diseases, increasing number of geriatric population, as well as due to the well-developed healthcare infrastructure and increasing penetration of medical devices in the region. Moreover, high expenditure on R&D by government organizations and pharmaceutical companies, for disorders and diseases, such as chronic ailments and diabetes, are some of the primary factors driving the regional market.
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