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The immunochemistry diagnostic devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 6%, as per The Business Research Company’s market report!

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The Immunochemistry Diagnostic Devices And Equipment Market Size In 2022 And Forecast
The global immunochemistry diagnostic devices and equipment market grew from $14.56 billion in 2021 to $16.11 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The immunochemistry diagnostic devices and equipmen market is expected to grow to $20.27 billion in 2026 at a CAGR of 5.9%.

The immunochemistry diagnostic devices and equipment market consists of sales of immunochemistry diagnostic devices and related services.

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Increase In The Incidence Of Target Diseases Is Driving The Growth Of The Immunochemistry Diagnostic Devices And Equipment Market

For example, according to the American Heart Association, cardiovascular disease is the leading global cause of death, accounting for over 17.6 million deaths per year. This number is expected to grow to over 23.6 million by 2030.

Competitive Landscape And The Regional Analysis Of The Immunochemistry Diagnostic Devices And Equipment Market

Major players in the immunochemistry diagnostic devices and equipment market are Abbott Diagnostics, Roche Diagnostics, Siemens Healthcare Diagnostics, Diamond Diagnostics, Dynex Technologies, Grifols, Hycor Biomedical, Immunodiagnostic Systems, Inova Diagnostics, and LabCorp.

Additionally, as per TBRC’s research – North America was the largest region in the immunochemistry diagnostic devices and equipment market in 2021 holding the largest market share.

The Immunochemistry Diagnostic Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the immunochemistry diagnostic devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the immunochemistry diagnostic devices and equipment market.

Increasingly Investing In Automated Immunoassay System – A Key Trend In The Immunochemistry Diagnostic Devices And Equipment Market
This is mainly because automation has led to an increase in the capabilities of diagnostic devices in testing higher volumes of patient specimens. In addition, the development of various integrated clinical chemistry systems has immensely improved the efficiency of the analytical phase of clinical chemistry laboratory testing and led to further automation.

Immunochemistry Diagnostic Devices And Equipment Market Segmentation By The Business Research Company

1) By Product Type: Immunochemistry Analyzers, Immunochemistry Stainers, Incubators, Microscopes, Centrifuges, Autoclaves, Consumables

2) By Application: Endocrinology, Oncology, Cardiology, Therapeutic Drug Development & Monitoring, Infectious Disease Testing, Drugs Of Abuse Testing, Others

3) By End Users: Hospitals And Clinics, Diagnostic Laboratories, Research Labs And Institutes, Biopharmaceutical And Biotechnology Companies, Others

4) By Immunochemistry Analyzers: Chemiluminescence Immunoassay (CLIA) Analyzers, Immuno Fluorescence (IFA) Analyzers, Enzyme Immunoassay (EIA) Analyzers, Radioimmunoassay (RIA) Analyzers, Enzyme Linked Fluorescent Assay (ELFA) Systems, Multiplexed Assay Systems

5) By Immunochemistry Stainers: Automated Stainers, Semi-Automated Stainers

6) By Consumables: Antibodies, Antigens, Enzymes, Reagents, Stains, Buffers, Disposables, Others

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