The global Immunoassay Analyzers Market is forecasted to reach USD 26.40 Billion by 2027, according to a new report by Reports and Data. Immunoassay analyzer has a key benefit of monitoring transfusion medicine as in blood transfusion and organ transplant, which is likely to increase its demand. Few clinical immunoanalyzer employ automated analyzer to reduce manual intervention and chances of error as well as improve the workflow.
The increasing adoption of the immunoassay analyzer will boost the growth of the market. There is a rising prevalence of chronic and infectious diseases around the globe, requesting the need for early diagnosis. The growing demand for diagnostics is expected to be the key driving factor of the immunoassay analyzer market. Development in the sectors of genomics and proteomics has made the database of biomarkers expand by each day. The discovery and growing research on biomarkers of various diseases have led researchers and experts to use this knowledge to create new assays for diagnostics. Rising investments in R&D to develop new tests for the diagnosis of the diseases will promote the growth of the industry during the forecast period.
North America dominates the market owing to the increasing number of manufacturers, the spread of infectious diseases, improved health care infrastructure, and the development of various new products. Increasing the production of innovative products and the growth of manufacturers in their countries has led Europe to progress its global presence in the industry supported by mergers and acquisitions that are increasing the global presence of European markets.
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The COVID-19 Impact
The market will witness a huge surge as biopharmaceutical innovators are in the front line for the human response to the global COVID-19 pandemic. A significant number of biotech firms are in the middle of the race to investigate the virus’s genome and are preparing a viable vaccine. These companies are investigating the virus at an unprecedented rate, and considerable funds are being put into the research. The companies are in trial, and the public and private sectors are working continuously for the development of the vaccine. There is a huge demand for testing kits for the diagnosis of Sars-Cov-2, which will foster the demand for the market.
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The report discusses in detail the top companies in the market along with their recent initiatives such as mergers and acquisitions, joint venture, partnerships, corporate and government deals, collaborations, and brand promotions and product launches among others. The report further discusses the companies’ initiatives and investments in key regions across the globe such as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.
Region analysis Covers:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Product Outlook (Revenue, USD Billion; 2017-2027)
Enzyme-Linked Immunoassay (EIA)
Consumables & Accessories
Application Outlook (Revenue, USD Billion; 2017-2027)
Therapeutic Drug Monitoring
Infectious Disease Testing
End-User Outlook (Revenue, USD Billion; 2017-2027)
To know more about the report @ https://www.reportsanddata.com/press-release/immunoassay-analyzers-market
Top Companies operating in the Market and Profiled in the Report include:
Dickinson and Company
Siemens Healthcare GmbH
Sigma Aldrich. Co. LLC
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