ID: MRFR/HC/7311-CR | February 2020 | Region: Global | 78 Pages
Chemiluminescence Immunoassay (CLIA) Analyzers Market at a CAGR of 5.9 % to hit $ 8.32 Billion by 2030
$8.32 Billion
5.9%
North America
2022-2030
Chemiluminescence Immunoassay (CLIA) Analyzers Market Overview
The Chemiluminescence Immunoassay (CLIA) Analyzers Market is anticipated to reach USD 12.35 billion by 2030 at 7.3% CAGR during the forecast period 2022-2030
chemiluminescence immunoassay analyzer is mainly used in monitoring and detecting any chronic diseases. Physicians also take great help from this instrument by collecting information about the disease and treat it. Several inherited genetic diseases can be diagnosed with the presence of chemiluminescence immunoassay analyzer. It helps the physician to understand the diagnosis, prognosis, pathogenesis and ethology which further help in a better and personalised treatment.
Chemiluminescence Immunoassay (CLIA) Analyzers Market dynamics
Drivers
Rapid changes in eating habits and lifestyle is the reason behind the increasing rate of chronic diseases such as cancer. Therefore, the increasing prevalence of acute and chronic diseases are the driving factors behind the growth of the market.
Challenges
Although the market has a high potential of growth during the forecast period, it has also some challenging factors as well. The lack of skilled labours or trained professionals in the healthcare segment is expected to hinder the growth of the market.
Restrains
The stringent regulatory policies are going to be the restraining factor in the growth of the chemiluminescence immunoassay analyzer market.
Opportunities
The high specificity and technological advancements are creating several opportunities for the chemiluminescence immunoassay analyzer manufacturers in the market. The rising demands are also going to create opportunities for the analyzers laboratory immunoassay chemiluminescence.
Chemiluminescence Immunoassay (CLIA) Analyzers Market Segmentation overview
The global Chemiluminescence Immunoassay (CLIA) Analyzers Market is segmented into-
By Type
Based on type, the Chemiluminescence Immunoassay (CLIA) Analyzers Market is further segmented into-
By Product
Based on type, the Chemiluminescence Immunoassay (CLIA) Analyzers Market is further segmented into-
By Application
Based on type, the Chemiluminescence Immunoassay (CLIA) Analyzers Market is further segmented into-
By End-User
Based on end-user, the Chemiluminescence Immunoassay (CLIA) Analyzers Market is further segmented into
By Region
Based on region, the Chemiluminescence Immunoassay (CLIA) Analyzers Market is further segmented into
Regional analysis
The Americas is expected to be the leading Chemiluminescence Immunoassay (CLIA) Analyzers Market due to the increasing prevalence of chronic diseases such as cancer. The National Cancer Institute stated that 1,688,780 new cases of cancer were estimated in 2017 in the US alone. Therefore, the increasing number of patients will help the market to grow during the forecast period. The rising research and development costs incurred by healthcare institutions and government bodies are also a key factor contributing to the Chemiluminescence Immunoassay (CLIA) Analyzers Market growth.
Europe is forecast to be the second-largest Chemiluminescence Immunoassay (CLIA) Analyzers Market. The European market has been further segregated into Western Europe and Eastern Europe. Western Europe includes Germany, the UK, Italy, Spain, France, and other countries in western Europe. The Eastern European region consists of countries such as Russia, Poland, Romania and other countries in eastern Europe. Europe held a healthy share in the CLIA analyzers market and is the second-largest market leader after the Americas. Rising government initiatives to promote research in chronic diseases, high healthcare expenditure, and high accessibility to advanced treatment facilities are some of the factors driving growth of this market.
Asia-Pacific is anticipated to grow at the fastest rate during the forecast period due to increasing government initiatives for healthcare reform, a large patient pool suffering from chronic diseases, and huge capital investment. However, less awareness regarding healthcare IT and less capital investment are some of the factors challenging market growth in this region.
Recent developments
June 2020- Abbott announced that it is supplying its laboratory-based serology blood test for the detection of COVID-19 antibody. This means that ICMR’s strategy of using IgG CLIA antibody tests will be contributed to by this test.
July 2018- DiaSorin receives clearance from the CE Notified Body to market the LIAISON® XL Murex Anti-HDV assay for the diagnosis of Hepatitis D virus (HDV) infection. The company’s CLIA menu for hepatitis testing now includes a test to diagnose HDV, which is usually found in patients with chronic liver disease.
January 2018- DiaSorin S.p.A. partnered with QIAGEN N.V., a molecular diagnostics company, to add the latter’s QuantiFERON-TB (QFT) diagnostic test to the former’s LIAISON family of fully automated analyzers for infectious disease testing in hospital laboratories.
Major key players
There are many prominent key players present in the market. Among all the key players investing in the market, here is the list of most prominent ones-
Report Overview
The report comprises of
Report Attribute/Metric | Details |
---|---|
Market Size | USD12.35 billion |
CAGR | 7.3% |
Base Year | 2020 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Product, Application, End User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Mindray (China), Fujirebio (Japan), Autobio (China), Siemens AG Healthcare (Germany), Abbott Laboratories (US), Ortho Clinical Diagnostics (US), Tosoh Corporation (Japan), DiaSorin SpA (Italy), Beckman Coulter, Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), and Shenzhen New Industries Biomedical Engineering Co., Ltd (China) among others. |
Key Market Opportunities | Rising demand for Chemiluminescence Immunoassay (CLIA) Analyzers |
Key Market Drivers |
|