Key Insights into the Enzyme-Linked Immunosorbent Assay Testing Market’s Growth Opportunities for 2024-2033
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What is the Estimated Growth Rate for the Enzyme-Linked Immunosorbent Assay Testing Market Between 2024 and 2033?
The enzyme-linked immunosorbent assay (ELISA) testing market is forecast to grow from $2.68 billion in 2023 to $2.85 billion in 2024, with a CAGR of 6.2%. Historical growth drivers include rising chronic disease prevalence, biomedical research funding, regulatory approvals, government initiatives, and health awareness programs.
The enzyme-linked immunosorbent assay (ELISA) testing market is expected to see strong growth, reaching $3.65 billion by 2028 at a CAGR of 6.4%. The growth is driven by the demand for personalized medicine, an aging population, increased emphasis on early detection, better healthcare access, and the need for chronic disease monitoring. Trends include technological advancements, the rising demand for point-of-care testing, expanding applications, high-throughput screening adoption, and the emergence of digital ELISA.
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What Are the Primary Contributors to the Growth of the enzyme-linked immunosorbent assay testing Market?
The enzyme-linked immunosorbent assay (ELISA) testing market is expected to grow due to the rising incidence of infectious diseases. Infectious disorders, caused by pathogens like bacteria and viruses, are spreading more widely due to factors such as global travel and antimicrobial resistance. ELISA testing is essential for detecting and quantifying specific antigens or antibodies related to infections, aiding in diagnosis and monitoring disease progression. According to the World Health Organization (WHO), 58,114 measles cases were reported in Europe in 2023, a significant increase from the previous year, highlighting the rising incidence of infectious diseases and driving the demand for ELISA testing.
Which Key Segments Comprise the Enzyme-Linked Immunosorbent Assay Testing Market?
1) By Type: Direct Enzyme-Linked Immunosorbent Assay (ELISA1), Sandwich Enzyme-Linked Immunosorbent Assay (ELISA1), Indirect Enzyme-Linked Immunosorbent Assay (ELISA1), Multiple And Portable Enzyme-Linked Immunosorbent Assay (ELISA1), Competitive Enzyme-Linked Immunosorbent Assay (ELISA1)
2) By Application: Immunology, Inflammation, Infectious Diseases, Cancer, Protein Quantitation, Other Applications
3) By End-User: Hospitals And Diagnostic Centers, Research Laboratories, Other End-Users
What Are the Key Trends Reshaping the 156 Market?
Leading companies in the enzyme-linked immunosorbent assay (ELISA) testing market are focusing on product innovations, such as new ELISA kits, to improve diagnostic accuracy and meet diverse clinical and research needs. Novel ELISA kits are advanced versions of these tests that offer enhanced accuracy, sensitivity, and usability. In February 2023, Charles River Laboratories, a US-based pharmaceutical company, launched a new ELISA kit for detecting and quantifying residual host cell proteins (HCP) in CHO-based biotherapeutics. This kit uses avian immunoglobulin Y (IgY) antibodies, providing improved sensitivity and specificity with detection limits as low as 0.1 ng/mL and 90% antibody coverage.
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What Are the Top Regions Fueling Growth in the Enzyme-Linked Immunosorbent Assay Testing Market?
North America was the largest region in the enzyme-linked immunosorbent assay testing market in 2023. The regions covered in the enzyme-linked immunosorbent assay testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Enzyme-Linked Immunosorbent Assay Testing Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the enzyme-linked immunosorbent assay testing market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Enzyme-Linked Immunosorbent Assay Testing Market Include
1. Enzyme-Linked Immunosorbent Assay Testing Market Executive Summary
2. Enzyme-Linked Immunosorbent Assay Testing Market Segments
3. Enzyme-Linked Immunosorbent Assay Testing Market Size And Template Market Growth Rate
4. Key Enzyme-Linked Immunosorbent Assay Testing Market Trends
5. Major Enzyme-Linked Immunosorbent Assay Testing Market Drivers
……
25. Key Mergers And Acquisitions In The Enzyme-Linked Immunosorbent Assay Testing Market
26. Top Enzyme-Linked Immunosorbent Assay Testing Companies
27. Enzyme-Linked Immunosorbent Assay Testing Market Opportunities And Strategies
28. Enzyme-Linked Immunosorbent Assay Testing Market, Conclusions And Recommendations
29. Appendix
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