Immunoassay Market is dominated by North America, followed by Europe & Asia

The global immunoassay market is expected to reach $23,712.4 Million by 2019 from $14,926.3 Million in 2014, at a CAGR of 9.7% from 2014 to 2019.

The report Immunoassay Market by Technology (ELISA, Fluorescence, Colorimetric, Chemiluminescence, Rapid Test, Western Blot, ELISPOT, PCR), Application (Infectious Disease, Endocrinology, Cardiology, Oncology, Hematology), & End User – Global Forecast to 2019″, provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the immunoassay along with estimates and forecasts of the revenue and share analysis.

The global immunoassay market is expected to reach $23,712.4 Million by 2019 from $14,926.3 Million in 2014, at a CAGR of 9.7% from 2014 to 2019.

The report segments the immunoassay market based on technology, products and services, technologies, applications, end users, and regions. Among the various products and services available, the reagents and kits segment accounted for the largest share of the immunoassay market in 2014. This segment is also expected to grow at the highest CAGR during the forecast period, owing to the increase in immunoassay tests conducted due to rising aging population, rising number of chronic diseases, increased variety of reagents and the analytical techniques employed, trends like the high-growth at-home testing market, and accessibility to a wide range of reagents.

Based on region, the global immunoassay market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). In 2014, North America accounted for the largest share of the market, while Asia is expected to witness the highest growth rate.

The immunoassay market in Asia is likely to provide an array of opportunities. Growth in this market will be driven by factors such as increasing number of tests performed, rising adoption rate of advanced immunoassay techniques, and high intrinsic demand from China and India due to the large population.

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Key players in the immunoassay market include are:
Roche Diagnostics (Switzerland)
Siemens Healthcare (Germany)
Abbott Laboratories (U.S.)
Beckman Coulter (U.S.)
Ortho Clinical Diagnostics (U.S.)
bioMérieux (France)

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