The Immunoassay Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Immunoassay Market?
The immunoassay market has seen robust growth lately. The market size was $35.81 billion in 2024 and is projected to rise to $37.63 billion in 2025. This represents a compound annual growth rate (CAGR) of 5.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Immunoassay Industry?
By the year 2029, the immunoassay market is projected to reach $50.12 billion, with a compound annual growth rate (CAGR) of 7.4%.
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What are the Key Growth Drivers Fueling the Immunoassay Market?
The key drivers in the immunoassay market are:
• Development and rise of personalized medicine
• Expansion in emerging markets
• Increased readiness for pandemics
• Advances in cancer diagnostics and shift toward home-based testing
Global Market Segmentation: Identifying Major Immunoassay Industry Segments
The immunoassay market covered in this report is segmented –
1) By Product: Reagents And Kits, Analyzers Or Instruments, Software And Services
2) By Specimen: Blood, Saliva, Urine, Other Specimens
3) By Application: Therapeutic Drug Monitoring, Oncology, Cardiology, Endocrinology, Infectious Disease Testing, Autoimmune Diseases, Other Applications
4) By End User: Research And Academic Laboratories, Home Care Settings, Pharmaceutical And Biotechnology Companies And CROs, Blood Banks, Hospitals And Clinics, Clinical Laboratories
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What are the Emerging Trends Shaping the Future of the Immunoassay Market?
The key trends in the immunoassay market are:
• Efforts for regulatory harmonization are becoming a key trend in the immunoassay market.
• The development and use of multipurpose immunoassays are shaping the future of the market.
• The demand and availability of customized assay services are increasing.
• There is a progression towards the integration of immunoassays with wearable devices and the miniaturization of assays.
Who Are the Top Competitors & Leading Players in the Immunoassay Market?
Major companies in the immunoassay market are:
• Siemens Healthineers GmbH
• bioMérieux
• Abbott
• Beckman Coulter Inc.
• Quidel Corporation
• Ortho Clinical Diagnostics
• Sysmex Corporation
• Bio-Rad Laboratories Inc.
• Becton Dickinson and Company
• F. Hoffmann-La Roche Ltd
• Thermo Fisher Scientific Inc.
• Merck KGaA
• Agilent Technologies Inc.
• PerkinElmer Inc
• WAK-Chemie Medical GmbH
• J Mitra & Co Pvt Ltd
• Kamiya Biomedical Company
• Tosoh Corporation
• Gyros Protein Technologies AB
• BioCheck Inc.
• Bio-Techn
• DiaSorin S.p.A
• Meso Scale Diagnostics LLC
• QIAGE
• Randox Laboratories Ltd.
• Shenzhen Mindray Bio-Medical Electronics Co Ltd
• Danaher Corporation
• Hologic Inc.
• Tecan Trading AG
• Eurofins Scientific
• Abcam plc
• Enzo Biochem Inc.
• Luminex Corporation
• Quanterix Corporation
• Roche Diagnostics
• ZEUS Scientific Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the immunoassay market in 2024
