The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s immunochemistry diagnostic devices and equipment market report forecasts the immunochemistry diagnostic devices and equipment market size to grow to $21.86 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

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Immunochemistry Diagnostic Devices And Equipment Market Size Forecast

The global immunochemistry diagnostic devices and equipment market is expected to grow from $16.22 billion in 2022 to $17.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The immunochemistry diagnostic devices and equipment market size is expected to grow to $21.86 billion in 2027 at a CAGR of 5.6%.

North America held the largest immunochemistry diagnostic devices and equipment market share.

Key Immunochemistry Diagnostic Devices And Equipment Market Driver ­– Increase In The Incidence Of Target Diseases

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.

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Key Immunochemistry Diagnostic Devices And Equipment Market Trend – Increasingly Investing In Automated Immunoassay Systems

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. For example, ichroma-50 is an automatic immunoassay analyzer of Boditech Med Inc. that measures the concentration of the targeted analyte in body fluids such as blood, urine, and other samples in a few minutes, and reduces the labor cost and human error in the process.

Immunochemistry Diagnostic Devices And Equipment Market Segment

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, Other Applications

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

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, Other Consumables

Immunochemistry Diagnostic Devices And Equipment Market Major Players and Strategies

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.

The Immunochemistry Diagnostic Devices And Equipment Global Market Report 2023 covers regional data on immunochemistry diagnostic devices and equipment market size, immunochemistry diagnostic devices and equipment market trends and drivers, opportunities, strategies, and immunochemistry diagnostic devices and equipment market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Immunochemistry is the study of the components and functions of the immune system. Immunochemistry diagnostic devices and equipment are designed to diagnose diseases or conditions by studying the functions of the immune system through the analysis of the nature of specific proteins, antigens, antibodies, and their interactions.

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