How is the Autoimmune Disease Diagnosis Market Poised for Growth: Trends and Opportunities Through 2034
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What fueled the previous growth in the autoimmune disease diagnosis market?
The market for diagnosing autoimmune diseases has seen significant growth in the past few years. Its projected growth is from $5.84 billion in 2024 to an estimated $6.25 billion in 2025, showing a compound annual growth rate (CAGR) of 7.1%. Factors contributing to growth during this historical period include an increase in cases of autoimmune diseases, the expansion of emerging markets, a rise in healthcare spending, and a high rate of occurrence in females.
What will be the autoimmune disease diagnosis market size in the future?
In the coming years, the autoimmune disease diagnosis market is anticipated to experience robust growth, with its value expected to reach $8.81 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.0%. This projected growth in the predicted period is due to factors such as enhanced funding for autoimmune (ai) diagnostics, rapid economic growth, increased knowledge about autoimmune diseases, and the discovery of biomarkers. Some of the significant trends expected in the forecast period includes partnerships with other industry players, investments in artificial intelligence firms, collaborations with government entities, and the development of rapid testing kits for home use.
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What main drivers are fueling expansion in the autoimmune disease diagnosis market?
The rise in autoimmune disorders has been a significant factor in the expansion of the autoimmune disease diagnosis market. For example, Multiple Sclerosis Australia, a national nonprofit organization in Australia that focuses on research and advocacy for multiple sclerosis patients, reported in February 2023 that the number of Multiple Sclerosis patients in Australia increased by 30% (7,728) from the previous four years (25,607) to 33,335 in 2021. Consequently, the global increase in autoimmune diseases is propelling the growth of the autoimmune disease diagnosis market.
What key areas define the segmentation of the global autoimmune disease diagnosis market?
The autoimmune disease diagnosis market covered in this report is segmented –
1) By Product: Consumables And Assay Kits, Instruments
2) By End User: Clinical Laboratories, Hospitals, Others
3) By Test Type: Routine Laboratory Tests, Autoantibodies Tests, Immunologic Tests, Other Tests
Subsegments:
1) By Consumables And Assay Kits: ELISA Kits, Reagents And Test Kits, Sample Collection And Preservation Devices, Control And Calibration Materials
2) By Instruments: Immunoassay Analyzers, Flow Cytometers, Luminometers, Microscopes, Other Diagnostic Devices
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Who are the dominant players expanding their reach in the autoimmune disease diagnosis market?
Major companies operating in the autoimmune disease diagnosis market include Siemens Healthineers AG, Abbott Laboratories, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, F. Hoffmann-La Roche Ltd, Danaher Corporation, AESKU Diagnostics GmbH & Co. KG, Trinity Biotech plc., bioMérieux SA, SQI Diagnostics, SCHILLER Healthcare India Pvt. Ltd, Covidien Healthcare India Private Limited, Philips Healthcare India, Fisher & Paykel Healthcare India Private Limited, Smith’s Medical India Pvt Ltd, Agappe Diagnostics Ltd, Accord Medical Products Private Limited, Lepu Medical Technology Company (Beijing) Co., Ltd, Yuwell – Jiangsu Yuyue Medical Equipment & Supply Co., Ltd, Shanghai Runda Medical Technology Co., Ltd, GE Healthcare China Co., Ltd, Roche Holding AG, Koninklijke Philips, Theradiag, Sanofi, Themis Bioscience, Becton Dickinson and Company
How are evolving market trends shaping autoimmune disease diagnosis Strategies?
Rapid diagnosis using biosensors and nano biosensors is an innovative technique in the autoimmune disease diagnosis market for identifying antibodies. These tools are favored for their affordability, high precision, user-friendliness, multiple functionalities, and speedy diagnosis. In addition to quantifying antibody count in the human blood serum with immense accuracy, this technique also gauges active antibodies using portable optical label-free biosensors rooted in spectral correlation interferometry. This point-of-care technology delivers a comprehensive, insightful, timely, and accurate diagnosis of autoimmune diseases, outperforming traditional methods.
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Which regions are emerging as leaders in the autoimmune disease diagnosis market?
North America was the largest region in the autoimmune disease diagnosis market in 2024. Western Europe was the second largest region in the autoimmune disease diagnosis market share. The regions covered in the autoimmune disease diagnosis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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