The global clinical immunoanalyzer market size was significantly robust in 2022 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are the high prevalence and incidence rates of chronic and infectious diseases. A clinical immunoanalyzer is a diagnostic device that uses immunoassay processes such as chemiluminescence immunoassay, enzyme linked fluorescent immunoassay, enzyme linked immunosorbent assay, and radioimmunoassay to detect specific analytes in blood or fluids (RIA). Depending on configuration and test options, an immunoanalyzer includes a washer, reagent dispenser, auto sampler, and offered products. Few clinical immunoanalyzers employ an automated chemical analyzer, which reduces manual intervention and streamlines workflow. These clinical immunoanalyzers are used to detect bacterial infections and viral toxins in hospitals and laboratories. They are also used in drug monitoring, allergy testing, cancer detection, and toxin detection.
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Major Factors Driving Growth of The Global Clinical Immunoanalyzer Market
The demand for clinical immunoanalyzers is expected to be driven by high prevalence and incidence rates of chronic and infectious diseases. The worldwide prevalence of infectious and chronic diseases drives the demand for early diagnosis. As a result, one of the most common uses of clinical immunoanalyzers is the diagnosis of infectious diseases. Furthermore, funding for development of new diagnostic assays for a variety of infectious diseases has increased. Infectious disease prevalence is expected to drive up demand for diagnostic tests. The benefits of clinical immunoanalyzers in monitoring transfusion medicine, such as blood transfusion and organ transplant, are likely to increase demand. Furthermore, as a result of changing lifestyles, prevalence of endocrinology diseases such as thyroid dysfunction, diabetes mellitus, and osteoporosis is increasing. Clinical immunoanalyzer demand is likely to rise as a result of this.
Factors Restraining Growth of The Global Clinical Immunoanalyzer Market
Strict policies, regulations, and a decline in public-sector reimbursements in developed markets such as the United States and Western Europe may stymie market growth. Another major impediment to market development is pressure on independent diagnostic laboratories to reduce capital expenditures. Furthermore, the R&D consolidation process and agreements between hospitals and diagnostic laboratories may slow down overall business.
Opportunities For Players Operating in The Global Clinical Immunoanalyzer Market
Governments in developing countries are investing heavily in modernizing healthcare infrastructure in respective countries, which is expected to increase healthcare access. As a result, the demand for clinical immunoanalyzers is expected to rise. Rising prevalence of chronic heart disease, particularly heart attacks, in developing countries presents lucrative opportunities in global clinical immunoanalyzer market.
Global Clinical Immunoanalyzer Market Revenue Led by Application Type Segment:
Global Clinical Immunoanalyzer Market Leading End-Use Segment:
Over the forecast period, the hospital is expected to generate most revenue among the application segments. This is due to an increase in number of healthcare settings and care centers around the world.
Asia Pacific Accounts for Largest Revenue Share In Global Clinical Immunoanalyzer Market
North America is expected to account for a significant share of the global clinical immunoanalyzer market during the forecast period, owing to increasing knowledge of biomarkers of various chronic diseases, which has prompted industry experts and researchers to apply this knowledge in development of new assays to expand applications of automated immunoassay analyzers. Biomarker databases used by industry players to develop new assays have grown as a result of advancements in genomics and proteomics. A chemiluminescence assay, for example, has been developed to test vitamin D deficiency, which was previously diagnosed using manual ELISA methods.
Asia Pacific Continues to Lead in Terms Of Revenue CAGR:
The Asia Pacific clinical immunoanalyzer market is expected to grow at a rapid CAGR during the forecast period, owing to rising prevalence and incidence rates of chronic and infectious diseases in countries such as China and India, as well as rapid adoption of research technologies. Market in the Middle East and Africa, as well as Latin America, is expected to grow during the forecast period due to an increase in prevalence of chronic diseases in these regions.
Major Companies Profiled in The Report:
- Roche Diagnostics
- Beckman Coulter
- Ortho-Clinical Diagnostics
- Werfen Life
- Thermo Fisher Scientific
- Tosoh Corporation
- Randox Laboratories
Strategies And Objectives of Major Companies:
- In 2022, Abbott Laboratories (ABT) will be the first health-care company to head one of the country’s largest technology conferences. The keynote speech by CEO Robert Ford is scheduled for CES 2022, which will return to Las Vegas in January as a live event. The announcement emphasizes growth of health technology as a sector, a trend that arose as a result of the coronavirus pandemic.
- Prenosis will significantly expand its core NOSIS dataset, and two companies will collaborate to obtain U.S. Food and Drug Administration (FDA) clearance for the Prenosis Sepsis ImmunoscoreTM and the Roche Elecsys IL-6 Assay, building on the collaboration that began in 2020. Through early risk identification, these tools aim to provide physicians with powerful new solutions for combating sepsis.
- The laboratory diagnostics company Randox has announced opening of ten new adaptive “cube” laboratories in the United Kingdom. These facilities offer a quick and cost-effective way to expand laboratory capacity. They will increase COVID testing accessibility, expand screening services, and adapt to future health and testing challenges. Sites can be operational in weeks and redeployed if necessary because they are built in a modular format. Initially, laboratories will be used to supplement the UK’s COVID-19 testing capacity during winter, with each lab’s daily capacity of 12,000 tests combining to bring an additional 120,000 COVID samples online per day.
- Siemens Healthineers was awarded US$ 8.9 million by the US Department of Health and Human Services in April 2017 for development of a Zika virus immunoassay test to be used on its Advia platform of immunoassay analyzers.
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This report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2023 to 2032. The global market report includes industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and market share contribution by each regional and country market. In addition, the report offers industry analysis and competitive landscape, company financials, and impact analysis. The report includes a detailed view of the global market, along with changing dynamics and trends, scenarios, detailed market and regional segmentation, regional landscape, analysis and evaluation, major investments, product offerings, product launches, and details of historical, current, and projected revenues.
Detailed Segmentation In Our Report:
For the purpose of this report, the global Clinical Immunoanalyzer Market is segmented on the basis of product type, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2023-2032)
End-use Outlook (Revenue, USD Billion; 2023-2032)
Region Outlook (Revenue, USD Billion; 2023-2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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