Immunoassay Instruments Market Market Size, Share, Development, Growth and Demand Forecast to 2020

GLOBAL INDUSTRY INSIGHT:
Immunoassay Instruments Market Market Size, Share, Development,
Growth and Demand Forecast to 2020

Global Immunoassay Instruments Market Market Size, Share,
Development, Growth and Demand Forecast to 2020
The immunoassay instruments market is growing with a considerable rate due to rising incidence of chronic
infectious diseases, increasing preference for personalized medicine, and technological advancements.
Investments in emerging economies, and focus on developing compact, reliable and portable immunoassay
instruments are some of the factors giving ample opportunities to the immunoassay instruments market to grow in
the coming years.
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Immunoassay is a laboratory based diagnostic procedure that is performed using an immunological reaction of
antibodies. The formation of antibody antigen complexes in blood samples and other body fluids are measured by
immunoassay instruments and are usually engaged to detect analytes in quantitative or qualitative
manner. Qualitative analyses of immunoassay test include immunoassay tests by detecting human chorionic
gonadotropin in urine samples for pregnancy. Immunoassay is done in multiple steps with reagents being added
and washed away at different points during the assay.
Calibrators, solutions that contain analyte and the concentration of analyte is known to them, is generally
employed in the immunoassay. Currently, the immunoassay tests are discovering new avenues of applications in
identifying infectious diseases, detection of cancer biomarkers, toxicology testing and other drug monitoring tests.
Immunoassay techniques are particularly suited for examining compounds present in extremely low
concentration, such as in nano gram and Pico gram, and without any previous treatments to improve its
detection.
To allow detection of antibodies and antigens, immunoassays utilize a range of different labels such as
radioactive isotopes, enzymes, fluorogenic reporters, DNA reporters, labeless immunoassay, and
electrochemiluminescent tags. Enzymes are mostly used in immunoassay as a label as they produce a visible
color change in the presence of certain reagents. Immunoassays are mostly used in sports anti doping
laboratories to test athlete’s blood samples for forbidden recombinant human growth hormone. Clinical tests also
use immunoassays in many applications such as home pregnancy tests, which detect the pregnancy
marker human chorionic gonadotropin.
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On the basis of technology, the immunoassay instruments market can be categorized as enzyme-linked
immunosorbent assay (ELISA), radioimmunoassay, rapid tests, polymerase chain reaction, western blot, and
ELISPOT. Enzyme-linked immunosorbent assay includes 1st generation ELISA tests, 2nd generation ELISA
tests, 3rd generation ELISA tests and 4th generation ELISA tests.
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Global Immunoassay Instruments Market Market Size, Share,
Development, Growth and Demand Forecast to 2020
The immunoassay instruments market can be categorized on the basis of applications as oncology,
endocrinology, autoimmune disorders, bone and mineral disorders, allergy, infectious diseases, neonatal
screening, hematology, blood screening, cardiology, stool testing, and toxicology. On the basis of end users, the
immunoassay instruments market can be categorized as laboratories, pharmaceutical companies, academic
research centers, hospitals, patient self testing, biotechnology companies, ambulatory centers, blood banks, and
physician’s offices.
Some of the factors driving the immunoassay instruments market are enhanced discovery of specific biomarkers,
extensive use of immunoassays in oncology and rising geriatric population. Implementation of excise duty by the
U.S. government and high cost associated with technologically advanced immunoassay systems are some of the
factors restraining the immunoassay instruments market to some extent.
North America dominates the immunoassay instruments market due to expanding biotechnology and
pharmaceutical industries, rising incidences of chronic diseases, government support and the launch of new
products in the region. Asia-Pacific is expected to grow at the highest rate in the coming years.
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Some of the competitors in the immunoassay instruments market are Beckman Coulter, Inc., F. Hoffman-La
Roche, Ltd., Thermo Fisher Scientific, Ortho Clinical Diagnostics, BioMerieux, Inc., Abbott Laboratories, Sysmex
Corporation, DiaSorin S.p.A., Siemens Healthcare, and Merck Millipore Corporation.
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Global Immunoassay Instruments Market Market Size, Share,
Development, Growth and Demand Forecast to 2020
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