How is the Automated Immunoassay Analyzers Market Poised for Growth: Trends and Opportunities Through 2034
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How has the automated immunoassay analyzers market grown in recent years?
The automated immunoassay analyzers market has witnessed substantial growth in recent years. It is expected to rise from $20.25 billion in 2024 to $23.26 billion in 2025, with a compound annual growth rate (CAGR) of 14.9%. The growth can be attributed to the increasing need for rapid and precise diagnostic tests, the rising prevalence of chronic diseases like diabetes and cancer, which require continuous monitoring, advancements in immunoassay technologies that improve testing efficiency and accuracy, growing healthcare infrastructure in developing nations, and rising investments in research and development by major healthcare companies to enhance diagnostic tools.
How is the automated immunoassay analyzers market size expected to evolve during the forecast period?
The automated immunoassay analyzers market is set for rapid expansion, expected to reach $39.97 billion by 2029, growing at a CAGR of 14.5%. This growth is attributed to advancements in automation, a higher incidence of infectious diseases, the rising need for personalized medicine, growing healthcare expenditures, and the integration of digital health technologies. Key trends include a rise in multiplex immunoassays, the growth of point-of-care testing technologies, AI and machine learning applications, advanced bioinformatics tools, and portable, user-friendly analyzers for diverse healthcare environments.
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Which key drivers are propelling the automated immunoassay analyzers market’s growth?
The growing number of hospitals is expected to boost the automated immunoassay analyzers market. The demand for healthcare is rising as populations grow and age, driving the expansion of hospitals. Automated immunoassay analyzers improve diagnostic efficiency and accuracy, especially in processing large volumes of tests. The American Health Care Association reported in May 2023 that the number of hospitals in the US rose to 6,129 in 2023, a 0.59% increase. Thus, the increasing number of hospitals is contributing to the growth of the automated immunoassay analyzers market.
What are the market segments in the automated immunoassay analyzers industry?
The automated immunoassay analyzers market covered in this report is 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
Subsegments:
1) By Immunofluorescence: Fluorescent Labeling Kits, Fluorescent Detectors And Readers, Immunofluorescence Reagents
2) By Chemiluminescence: Chemiluminescent Labels And Reagents, Chemiluminescence Detectors And Readers, Chemiluminescent Assay Kits
3) By Enzyme Linked Fluorescent System (ELISA): ELISA Kits (Capture And Detection Kits), ELISA Microplates And Plates Coating Systems, Enzyme Substrates And Detection Reagents
4) By Multiplexed Assay System: Multiplexed Assay Kits, Multi-Analyte Detection Systems, Multiplexing Software And Data Analysis Tools
5) By Radioimmunoassay (RIA): Radioactive Isotope Kits, Gamma Counters, Radiolabeled Reagents
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Which leading companies are shaping the growth of the automated immunoassay analyzers market?
Major companies operating in the automated immunoassay analyzers market are Roche Diagnostics AG, Abbott Laboratories, Danaher Corporation, Siemens Healthineers, Becton Dickinson and Company, Medline Industries LP, Tosoh Corporation, Agilent Technologies Inc, bioMérieux SA, QuidelOrtho Corporation, Sysmex Corporation, Bio-Rad Laboratories Inc, Qiagen NV, Werfen Group SA, DiaSorin SpA, Bio-Techne Corporation, Meril Life Sciences Private Limited, Randox Laboratories Ltd, Getein Biotech Inc, Aesku Diagnostics GmbH & Co KG, Carolina Liquid Chemistries Corporation, Arlington Scientific Inc, Chengdu Seamaty Technology Co Ltd, Hipro Biotechnology Co Ltd
What key trends are currently impacting the automated immunoassay analyzers market’s development?
Leading companies in the automated immunoassay analyzers market are creating compact immunoassay analyzers to gain a market edge. These portable devices are used for immunoassay tests that detect specific biomarkers in biological samples, offering efficiency and convenience in healthcare settings with limited space. For example, Siemens Healthineers launched the Atellica CI Analyzer in July 2023. This compact system integrates immunoassay and clinical chemistry testing on one platform, addressing the rising need for versatile systems in labs. Features like random access sampling, micro-volume aspiration, and automated maintenance improve sample processing consistency and efficiency.
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Which geographic areas are influencing the growth of the automated immunoassay analyzers market?
North America was the largest region in the automated immunoassay analyzer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated immunoassay analyzers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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