The global immunoassay market size was exhibited at USD 32.49 billion in 2022 and is projected to hit around USD 51.38 billion by 2032, growing at a CAGR of 4.69% during the forecast period 2023 to 2032.
Key Pointers:
Immunoassay Market Report Scope
Report Coverage |
Details |
Market Size in 2023 |
USD 34.01 Billion |
Market Size by 2032 |
USD 51.38 Billion |
Growth Rate From 2023 to 2032 |
CAGR of 4.69% |
Base Year |
2022 |
Forecast Period |
2023 to 2032 |
Segments Covered |
By Product, By Technology, By Specimen, By Application and By End User |
Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
Key Companies Profiled |
The major players operating in the immunoassay market are Abbott Laboratories, Danaher Corporation (Beckman Coulter), Quidel Corporation, Ortho Clinical Diagnostics, Sysmex Corporation, Bio-Rad Laboratories, Inc., Becton, Dickinson, and Company, F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Inc., Siemens Healthinners and Others. |
Immunoassay is a test conducted to determine concentration of macromolecule in a solution using antibody or immunoglobulin. The macromolecule detected is known as analyte. Immunoassay is used to measure quantity of analytes in serum and urine for medical and research purposes. It is also used in qualitative, quantitative and radioactivity procedures to ensure accuracy of results obtained. High sensitivity and specificity of immunoassays are used to speed up the reactions.
Rising incidences of chronic & infectious disease and use of immunoassays in Oncology are factor propelling the growth of the world immunoassay market. In addition, technological advancements and sensitivity, cost effectiveness, & rapid analysis offered by immunoassays supplement the growth. However, low detection limit and implementation of excise duty by the U.S. Government are hindering the growth of this market. Expanding biotechnology & pharmaceutical industries and laboratory automation and emerging markets in Asia presents significant opportunities.
The world immunoassay market is segmented based on technology, product & services, application, end user, and geography. The technology segment is further classified into ELISA, fluorescence, colorimetric, chemiluminescence, rapid test, western blot, ELISPOT, and PCR. The products & services covered in the report are reagents & kits, analyzers, and software services. The applications discussed in the report are infectious disease, endocrinology, cardiology, oncology, and hematology. The end user segment is further classified into hospitals, clinical laboratories, blood banks, academic research centers, pharmaceutical companies, and biotechnology companies, and others. Worldly, the market is segmented into North America, Asia, Europe, and Latin America, Middle East and Africa (LAMEA).
The prominent manufacturers operating in the market are Roche Diagnostics Limited, Siemens Healthcare, Abbott Laboratories, Beckman Coulter, Ortho Clinical Diagnostics, BioMrieux, Bio-Rad Laboratories Inc., Alere Inc., Sysmex Corporation, and Becton, Dickinson & Company. Various strategies, such as expansions, collaborations, partnerships, mergers & acquisitions, expansions, joint ventures, and others have been adopted by prominent manufacturers to gain a strong foothold in the
Some of the prominent players in the Immunoassay Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Immunoassay market.
By Product
By Technology
By Specimen
By Application
By End-User
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Immunoassay Market
5.1. COVID-19 Landscape: Immunoassay Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Immunoassay Market, By Product
8.1. Immunoassay Market, by Product, 2023-2032
8.1.1. Reagents & Kits
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Analyzer
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Software and Services
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Immunoassay Market, By Technology
9.1. Immunoassay Market, by Technology, 2023-2032
9.1.1. ELISA
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Rapid Tests
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. ELISpot
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Western Blotting
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Radioimmunoassay
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Other technologies
9.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Immunoassay Market, By Specimen
10.1. Immunoassay Market, by Specimen, 2023-2032
10.1.1. Blood
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Saliva
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Urine
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Other Specimen
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Immunoassay Market, By Application
11.1. Immunoassay Market, by Application, 2023-2032
11.1.1. Infectious diseases
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Endocrinology
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Oncology
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Bone and mineral disorders
11.1.4.1. Market Revenue and Forecast (2020-2032)
11.1.5. Cardiology
11.1.5.1. Market Revenue and Forecast (2020-2032)
11.1.6. Blood screening
11.1.6.1. Market Revenue and Forecast (2020-2032)
11.1.7. Autoimmune Disorders
11.1.7.1. Market Revenue and Forecast (2020-2032)
11.1.8. Allergy Diagnostics
11.1.8.1. Market Revenue and Forecast (2020-2032)
11.1.9. Toxicology
11.1.9.1. Market Revenue and Forecast (2020-2032)
11.1.10. Newborn Screening
11.1.10.1. Market Revenue and Forecast (2020-2032)
11.1.11. Other Application
11.1.11.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Immunoassay Market, By End-User
12.1. Immunoassay Market, by End-User, 2023-2032
12.1.1. Hospitals & Clinics
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Clinical Laboratories
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. Pharmaceutical & Biotechnology Companies And Cro
12.1.3.1. Market Revenue and Forecast (2020-2032)
12.1.4. Blood Banks
12.1.4.1. Market Revenue and Forecast (2020-2032)
12.1.5. Research & Academic Laboratories
12.1.5.1. Market Revenue and Forecast (2020-2032)
12.1.6. Home Care Setting
12.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Immunoassay Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.2. Market Revenue and Forecast, by Technology (2020-2032)
13.1.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.1.4. Market Revenue and Forecast, by Application (2020-2032)
13.1.5. Market Revenue and Forecast, by End-User (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Technology (2020-2032)
13.1.6.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.1.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.1.6.5. Market Revenue and Forecast, by End-User (2020-2032)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.7.2. Market Revenue and Forecast, by Technology (2020-2032)
13.1.7.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.1.7.4. Market Revenue and Forecast, by Application (2020-2032)
13.1.7.5. Market Revenue and Forecast, by End-User (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.2. Market Revenue and Forecast, by Technology (2020-2032)
13.2.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.2.4. Market Revenue and Forecast, by Application (2020-2032)
13.2.5. Market Revenue and Forecast, by End-User (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Technology (2020-2032)
13.2.6.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.2.7. Market Revenue and Forecast, by Application (2020-2032)
13.2.8. Market Revenue and Forecast, by End-User (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Technology (2020-2032)
13.2.9.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.2.10. Market Revenue and Forecast, by Application (2020-2032)
13.2.11. Market Revenue and Forecast, by End-User (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Technology (2020-2032)
13.2.12.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.2.12.4. Market Revenue and Forecast, by Application (2020-2032)
13.2.13. Market Revenue and Forecast, by End-User (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Technology (2020-2032)
13.2.14.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.2.14.4. Market Revenue and Forecast, by Application (2020-2032)
13.2.15. Market Revenue and Forecast, by End-User (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.2. Market Revenue and Forecast, by Technology (2020-2032)
13.3.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.3.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.5. Market Revenue and Forecast, by End-User (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Technology (2020-2032)
13.3.6.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.3.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.7. Market Revenue and Forecast, by End-User (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Technology (2020-2032)
13.3.8.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.3.8.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.9. Market Revenue and Forecast, by End-User (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Technology (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.10.5. Market Revenue and Forecast, by End-User (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Technology (2020-2032)
13.3.11.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.3.11.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.11.5. Market Revenue and Forecast, by End-User (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.2. Market Revenue and Forecast, by Technology (2020-2032)
13.4.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.4.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.5. Market Revenue and Forecast, by End-User (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Technology (2020-2032)
13.4.6.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.4.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.7. Market Revenue and Forecast, by End-User (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Technology (2020-2032)
13.4.8.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.4.8.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.9. Market Revenue and Forecast, by End-User (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Technology (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.10.5. Market Revenue and Forecast, by End-User (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Technology (2020-2032)
13.4.11.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.4.11.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.11.5. Market Revenue and Forecast, by End-User (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.2. Market Revenue and Forecast, by Technology (2020-2032)
13.5.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.5.4. Market Revenue and Forecast, by Application (2020-2032)
13.5.5. Market Revenue and Forecast, by End-User (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Technology (2020-2032)
13.5.6.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.5.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.5.7. Market Revenue and Forecast, by End-User (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Technology (2020-2032)
13.5.8.3. Market Revenue and Forecast, by Specimen (2020-2032)
13.5.8.4. Market Revenue and Forecast, by Application (2020-2032)
13.5.8.5. Market Revenue and Forecast, by End-User (2020-2032)
Chapter 14. Company Profiles
14.1. Abbott Laboratories
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Danaher Corporation (Beckman Coulter)
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Quidel Corporation
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Ortho Clinical Diagnostics
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Sysmex Corporation
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Bio-Rad Laboratories, Inc.
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Becton, Dickinson, and Company
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. F. Hoffmann-La Roche AG
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Thermo Fisher Scientific, Inc.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Siemens Healthinners
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms