Automated Immunoassay Analyzers Market to grow at 15% CAGR from 2017 to 2024

1
Automated Immunoassay Analyzers Market forecast
to reach 25bn by 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Automated Immunoassay Analyzers
Market

• Global Market Insights, Inc. says Automated
  Immunoassay Analyzers Market size is set to
  exceed USD 25 billion by 2024.
• Rising prevalence of infectious diseases and
  growing geriatric population has led to high
  diagnostic test volumes, aiding a trend shift
  towards lab automation.
• Increasing consolidation in laboratories and
  hospitals in the wake of health care reform to
  curb healthcare expenses should stimulate the
  industry growth.
• Adoption of innovative diagnostic technologies
  should lead to prolific growth in automated
  immunoassay analyzers market.
• Stringent regulatory framework and need to
  operate under rising pricing pressures adversely
  impacts the profit margins for the laboratories
  inhibiting the business growth.
• Chemiluminescence analyzers should witness robust
  growth owing to the sensitivity and accuracy of
  diagnosis using low analyte concentrations.

3
Continued...

• Infectious diseases should witness a healthy
  growth to surpass USD 7 billion by 2024. Rising
  incidence of infectious diseases, growing elderly
  population and improved healthcare systems is set
  to drive segment growth.
• U.S. automated immunoassay analyzers market
  accounted for more than 90 of regional industry
  revenue in 2016.
• Favorable healthcare reforms for diagnostic care,
  adoption of innovative products and increasing
  consolidation of laboratories should boost demand
  for automated instruments used for high volume
  testing.
• India should witness robust regional growth over
  forecast years owing to increasing government
  focus towards development of healthcare
  infrastructure by encouraging public private
  partnership to improve healthcare delivery into
  rural markets.
• Furthermore, increasing number of pathology
  laboratories and rising number of private and
  public hospitals should fuel automated
  immunoassay analyzers market growth.

4
Continued...

• Some of the prominent industry players in the
  competitive market include Abbott Diagnostics,
  Biokit, Carolina Liquid Chemistries Corporation,
  Luminex Corporation, Ortho Clinical Diagnostics,
  Roche Diagnostics, and Siemens Healthcare.
• The automated immunoassay analyzers market is
  dominated by few companies with a strong
  financial muscle, expanded geographical
  footprint, and extensive product portfolio.
• New product launch or customizing existing
  product by adding broad assay of test menus is
  the major trend adopted by industry participants
  to hold their market position.

5
U.S. Automated Immunoassay Analyzers Market Size,
By Product, 2013-2024 (USD Billion)

6

Browse Full Market Research Report On Automated
Immunoassay Analyzers Market _at_ http//bit.ly/2spBe
LT Request for a Sample of this Research
Report _at_ https//www.gminsights.com/request-sample
/detail/1727 https//www.gminsights.com/request-
sample/detail/49
7
Stay In Touch Website www.gminsights.com Soci
al Media