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Immunochemistry Diagnostic Devices And Equipment Global Market To Reach Value Of About $20 Billion In 2025

25 Oct, 2021

The immunochemistry diagnostic devices and equipment market consists of sales of immunochemistry diagnostic devices and related services. Immunochemistry diagnostic devices and equipment are designed to diagnose diseases or conditions by studying the functions of the immune system through analyzing the nature of specific proteins, antigens, antibodies, and their interaction.

Global Immunochemistry Diagnostic Devices And Equipment Market Size And Drivers:

The global immunochemistry diagnostic devices and equipment market is expected to grow from $15.01 billion in 2020 to $16.49 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $20.36 billion in 2025 at a CAGR of 5.4%. An increase in the incidence of target diseases is a major driver for the immunochemistry diagnostic devices and equipment market.

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Trends In The Global Immunochemistry Diagnostic Devices And Equipment Market

Companies in the immunochemistry diagnostic devices and equipment market are increasingly investing in automated immunoassay systems. This is mainly because automation has led to an increase in the capabilities of diagnostic devices in testing higher volumes of patient specimens. In addition, the development of various integrated clinical chemistry systems has immensely improved the efficiency of the analytical phase of clinical chemistry laboratory testing and led to further automation. For example, ichroma-50 is an automatic immunoassay analyzer of Boditech Med Inc. that measures the concentration of the targeted analyte in body fluids such as blood, urine, and other samples in few minutes, and reduces the labor cost and human error in the process.

Global Immunochemistry Diagnostic Devices And Equipment Market Segments:
The global immunochemistry diagnostic devices and equipment market is further segmented –
By Product Type: Immunochemistry Analyzers, Immunochemistry Stainers, Incubators, Microscopes, Centrifuges, Autoclaves, Consumables
By Application: Endocrinology, Oncology, Cardiology, Therapeutic Drug Development & Monitoring, Infectious Disease Testing, Drugs Of Abuse Testing, Others
By End Users: Hospitals And Clinics, Diagnostic Laboratories, Research Labs And Institutes, Biopharmaceutical And Biotechnology Companies, Others
By Immunochemistry Analyzers: Chemiluminescence Immunoassay (CLIA) Analyzers, Immuno Fluorescence (IFA) Analyzers, Enzyme Immunoassay (EIA) Analyzers, Radioimmunoassay (RIA) Analyzers, Enzyme Linked Fluorescent Assay (ELFA) Systems, Multiplexed Assay Systems
By Immunochemistry Stainers: Automated Stainers, Semi-Automated Stainers
By Consumables: Antibodies, Antigens, Enzymes, Reagents, Stains, & Buffers, Disposables, Others
By Geography: The global immunochemistry diagnostic devices and equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global Immunochemistry Diagnostic Devices And Equipment Market At:

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Immunochemistry Diagnostic Devices And Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides immunochemistry diagnostic devices and equipment market overviews, analyzes and forecasts market size and growth for the global immunochemistry diagnostic devices and equipment market, immunochemistry diagnostic devices and equipment market share, immunochemistry diagnostic devices and equipment market players, immunochemistry diagnostic devices and equipment market segments and geographies, immunochemistry diagnostic devices and equipment market’s leading competitors’ revenues, profiles and market shares. The immunochemistry diagnostic devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.