Comprehensive Automated Immunoassay Analyzers Market Analysis 2024: Size, Share, And Key Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The automated immunoassay analyzer market has experienced rapid growth, rising from $17.69 billion in 2023 to $20.20 billion in 2024 at a compound annual growth rate (CAGR) of 14.5%. Historical growth can be attributed to the rising demand for accurate and rapid diagnostic tests, the increasing prevalence of chronic diseases like diabetes and cancer that require frequent monitoring, advancements in immunoassay technologies enhancing testing efficiency and precision, expanding healthcare infrastructure in emerging economies, and greater access to diagnostic tools. The market is expected to continue its strong growth, reaching $34.92 billion in 2028 at a CAGR of 14.6%. Key drivers for this growth include advancements in automation technologies, a rising prevalence of infectious diseases, an increasing emphasis on personalized medicine, expanding global healthcare expenditures, and the integration of technological solutions with digital health systems. Major trends during the forecast period will include the increased adoption of multiplex immunoassays, growth in point-of-care testing (POCT) technologies, the emergence of AI and machine learning applications in immunoassays, rising use of advanced bioinformatics tools for data analysis, and the growing presence of portable and user-friendly analyzers for diverse healthcare settings.
The increasing number of hospitals is expected to propel the growth of the automated immunoassay analyzer market going forward. The number of hospitals is rising due to increasing healthcare demands from a growing and aging population. Automated immunoassay analyzers enhance efficiency and accuracy in hospitals by rapidly processing large volumes of diagnostic tests for various diseases and conditions. For instance, in May 2023, according to the American Health Care Association, a US-based nonprofit organization, the number of hospitals in the US increased to 6,129 from 6,093 in 2022, showing an increase of 0.59%. Therefore, the increasing number of hospitals is driving the growth of the automated immunoassay analyzer market.
Get A Free Sample On The Automated Immunoassay Analyzers Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18232&type=smp
What Are The Key Trends That Influence Automated Immunoassay Analyzers Market Share Analysis?
Major companies operating in the automated immunoassay analyzers market are focusing on developing innovative products, such as compact immunoassay analyzers, to gain a competitive advantage. Compact immunoassay analyzers are smaller, portable devices designed for conducting immunoassay tests that detect specific biomarkers in biological samples. They offer convenience and efficiency in various healthcare settings, particularly where space and mobility are limited. For instance, in July 2023, Siemens Healthineers, a Germany-based healthcare company, launched the Atellica CI Analyzer, a compact laboratory testing system aimed at improving efficiency in both immunoassay and clinical chemistry testing. By combining these two testing methods into a single platform, the Atellica CI Analyzer meets the growing demand for versatile systems capable of conducting various tests efficiently. The features of this product align well with current market trends, effectively addressing the challenges laboratories face in delivering timely and accurate diagnostic results. Random access sampling, micro-volume aspiration, and automated maintenance and quality control scheduling assist laboratories in achieving more consistent and predictable sample processing times.
How Is The Global Automated Immunoassay Analyzers Market Segmented?
1) By Product: Immunofluorescence; Chemiluminescence; Enzyme Linked Fluorescent System (ELISA); Multiplexed Assay System; Radioimmunoassay
2) By Application: Infectious Diseases; Endocrinology; Drug Monitoring; Cardiology; Oncology; Allergy Testing; Other Applications
3) By End-User: Hospitals; Diagnostic Laboratories; Research And Academic Laboratories; Pharmaceutical And Biotechnology Companies; Other End-Users
Read The Full Automated Immunoassay Analyzers Market Report Here:
The Automated Immunoassay Analyzers Global Market Report 2024 provides an overview of the automated immunoassay analyzers market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automated immunoassay analyzers market forecast analyzes automated immunoassay analyzers market size, automated immunoassay analyzers market share, leading competitor and their market positions.
The Table Of Content For The Automated Immunoassay Analyzers Market Include:
Explore Similar Reports From The Business Research Company:
Immunoassay Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/immunoassay-global-market-report
C-Reactive Protein Testing Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/c-reactive-protein-testing-global-market-report
Chemiluminescence Immunoassay Analyzer Global Market Report 2024
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
