The Immunofluorescence Assay Global Market Report 2023 by The Business Research Company, provides immunofluorescence assay market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Immunofluorescence Assay Global Market Report 2023, the global immunofluorescence assay market size grew from $2.92 billion in 2022 to $3.14 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the immunofluorescence assay market size is expected to grow to $4.1 billion in 2027 at a CAGR of 6.9%.
The increasing prevalence of chronic diseases is significantly driving the growth of the immunofluorescence assay market. The changing lifestyle, dietary habits, and improper weight management are contributing to the rapid growth in chronic conditions and a few prolonged chronic infections are leading to cancerous risk. The growing prevalence of chronic disease is expected to boost demand for immunofluorescence assays as they are widely used in diagnosis and drug development activities.
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The immunofluorescence assay market is segmented:
1) By Type: Direct Immunofluorescence, Indirect Immunofluorescence
2) By Product: Reagents, Instruments, Antibodies, Kits, Consumables and Accessories
3) By Disease: Cancer, Infectious Disease, Cardiovascular Diseases, Autoimmune Diseases, Other Diseases
4) By End User: Academic & Research Institutions, Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Hospitals & Diagnostic Centers
Technological advancement is a key trend gaining popularity in the immunofluorescence assay market. The companies operating in immunofluorescence assay are focusing on developing technologically innovative products to meet specific technical demands for the diagnostic of new viruses such as COVID-19 and strengthen their market position. For instance, in March 2022, LumiraDx, a UK-based developer of point-of-care diagnostics, received emergency approval for LumiraDx SARS-CoV-2 Ag Test, a microfluidic immunofluorescence assay, designed for qualitative nucleocapsid protein antigen detection from nasal swab samples.
The immunofluorescence assay market report table of contents includes:
1. Executive Summary
2. Immunofluorescence Assay Market Characteristics
3. Immunofluorescence Assay Market Trends And Strategies
4. Immunofluorescence Assay – Macro Economic Scenario
5. Immunofluorescence Assay Market Size And Growth
…………….
27. Immunofluorescence Assay Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Immunofluorescence Assay Market
29. Immunofluorescence Assay Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
Thermo Fisher Scientific
Inc.
Abcam plc
Bio-Rad Laboratories
Inc.
PerkinElmer Inc.
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