Rise in the adoption of immunoassay analyzers, increase in availability of reagents across different research settings and growth in RD investments are the factors driving the growth of the immunodiagnostic reagent market.

According to the recent analysis of Reports and Data, the global immunodiagnostic reagent market is expected to reach USD 18.60 Billion by year 2028, in terms of value at a CAGR of 12.80% from 2020-2028. The rise in the incidence of diseases such as HIV, respiratory, cancer, and others is likely to drive the growth of the global immunodiagnostic reagent market. Moreover, growing geriatric population and the surge in need to develop therapeutic treatments to treat chronic diseases is boosting the RD infrastructure. The rise in RD investments globally along with increase in awareness and availability of different immunodiagnostics reagents are expected to drive the global immunodiagnostic reagent market during the forecast period. However high costs associated with immunodiagnostics reagents is expected to hamper the market growth to a certain extent. Conversely, untapped potential of emerging economies is anticipated to provide lucrative growth opportunities to the players in the market in the forecast period.

The global pharma healthcare market revenue growth is mainly driven by factors such as increasing research development activities in the healthcare sector, rapid adoption of digital technologies, growing demand for advanced point-of-care diagnostics, and rising trends of telehealth and telemedicine. The COVID-19 pandemic has led to acute healthcare supply shortage, and rapid spread of the SARS-CoV-2 infection and rising government initiatives to develop COVID-19 vaccines have further driven market revenue growth.

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Top companies profiled in the report:

 Abbott Laboratories, Immunodiagnostic Reagent Systems Holdings Plc (IDS), DiaSorin S.p.A., Johnson Johnson, F. Hoffmann-La Roche Ltd, Siemens AG, Sysmex Corporation, Danaher Corporation, Thermo Fisher Scientific Inc., OPKO Health Inc., Bio-Rad Laboratories, Inc., and Arkray, Inc.

Global Immunodiagnostic Reagent Market: Regional Outlook

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Argentina
  • Peru
  • Mexico
  • Rest of Latin America
• Middle East Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of Middle East Africa

Global Immunodiagnostic Reagent Market Segmentation:

By Reagent (Revenue, USD Million; 2018–2028)

• Enzyme-linked Immunosorbent Assay (ELISA) Reagents and Kits
• Rapid Test Reagents and Kits
• Enzyme-linked Immunospot ELISPOT Reagents and Kits
• Western Blot Reagents and Kits
• Other Reagents Kits

By Application (Revenue, USD Million; 2018–2028)

• Infectious Diseases
• Hepatitis retrovirus
• Oncology endocrinology
• Bone mineral
• Autoimmunity
• Cardiac biomarker
• Other Applications

By End User (Revenue, USD Million; 2018–2028)

• Clinical Laboratories
• Hospitals
• Academic Research Centers
• Pharmaceutical Biotechnology Industry
• Other End Users

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Some Points on How the Report Benefits Readers:

• Highlights of the key drivers, opportunities, and restraints in the global Immunodiagnostic Reagent market.
• Qualitative and quantitative analyses of the Immunodiagnostic Reagent industry.
• Detailed analysis of the key regional markets and evaluation of their respective revenue CAGRs.
• Precise evaluation of the production consumption capacities of each of the regional markets.
• An overview of the highly competitive landscape of the Immunodiagnostic Reagent industry.
• Company overviews and SWOT analysis of the market players.
• Key strategies implemented by the key market players, such as partnerships, acquisitions, collaborations, new service/product launches, and various other strategies, illustrated in the report.

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