According to the report “Europe Immunoassays Market,” published by Market Data Forecast, the global market is projected to reach USD 6.82 Billion by 2021, at a CAGR of 9.82% from 2016 to 2021.
Immunoassay is a biochemical test to measure the presence and concentration of an macromolecule. The macro molecule can be large proteins or antibodies that a person has produced as a result of an invasion of foreign matter.
These assays are more adaptable and can be applied to various formats reliant on the needs of the end user. The principle constitute of an immunoassay is designed to detect a specific antigen, such as nucleoprotein, are the antibodies that have been selected precisely to ensure the identification of the antigen at low concentration with high specificity, meaning will not react with similar analytes.
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Europe Immunoassays Market: Drivers & Restraints
Europe immunoassays market is mainly driven by rising prevalence of infectious diseases, increasing ageing population, advancements in novel assays in various diseases such as Cardiology and oncology, growing applications in diagnosing drug monitoring tests, infectious diseases and identification of cancer biomarkers, increasing need of reagents, sensitive assays and analytical techniques, availability of wide range of reagents, introduction of novel biomarkers, growing government and corporate investment in the pharmaceutical and biotechnology segment in emerging markets. Lack of reimbursement policies, adoption of immunoassays in emerging markets, stringent regulations for storage are hindering the growth of the market.
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Europe Immunoassays Market: Segmentation
- Enzyme Immunoassay
- Fluorescent Immunoassays
- Cheniluminescence Immunoassays
- Nephelometric Immunoassays
- Radio Immunoassays
- Counting Immunoassays
- Counting Immunoassays
- Y-o-Y Growth Analysis, By Technology
- Market Attractiveness Analysis, By Technology
- Market Share Analysis, By Technology
- Infectious disease
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
By End users
- Academic research institutes
- Pharmaceutical and Biotech vendors
- Y-o-Y Growth Analysis, By End users
- Market Attractiveness Analysis, By End users
- Market Share Analysis, By End users
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Europe Immunoassays Market: Overview
The report ‘European Immunoassay Market forecast for 2021’ analyzes the market by segments such as reagents and end instruments. Europe holds second-largest market position in the global immunoassay market in which Germany commanded the largest share 20%.
Europe expected to show a reasonable growth owing growing applications of immune assays in diagnosting drug testing for various diseases.
Europe Immunoassays Market: Region-wise Outlook
Based on Geography, the Europe Immunoassays market is analysed under various regions namely U.K, Germany, France, Italy and Spain. Europe is the secound biggest market in terms of market share across the globe.
The market in Europe is highly driven due to increasing population and awareness among the patients and the players regarding healthcare facilities and medical tourism. The Artificial Organs and Bionics market in the Europe region is projected to grow at the highest CAGR during forecast period.
Key Questions Answered
- What will be the market growth till 2021 and what will be the resultant market forecast in the year?
- What was the market size from 2016 to 2021 ?
- What is the current and future Europe Immunoassays Market outlook worldwide? What trends are affecting the Global market?
- What is the competitive landscape and market share of major players in the Europe Immunoassays space globally?
- What are the key, high growth markets that Europe Immunoassays manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Europe Immunoassays currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Europe Immunoassays?
- What are the challenges and barriers that have hindered widespread adoption of Europe Immunoassays?
- What are the key sustainability strategies adopted by market players ?
Europe Immunoassays Market: Key Players
Some of the major players influencing the Europe Immnoassays market are Roche Diagnostics, DiaSorin S.p.A, Beckman Coulter, Siemens Healthcare, Ortho Clinical Diagnostics, bioMerieux, Thermo Fisher Scientific and Abbott Laboratories, Akers Biosciences, Inc, Becton Dickinson and Company, Devon Medical Products, EDP Biotech Corporation, Hologic (Gen-Probe), Intrinsic LifeSciences.
Reasons to access Europe Immunoassays Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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