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Immunoassay Instruments Market Analysis, Size, Share, Growth and Demand Forecast to 2020
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Immunoassay is a laboratory based diagnostic procedure that is performed using an immunological reaction of antibodies. The formation of antibody antigen complexes in blood samples and other body fluids are measured by immunoassay instruments and are usually engaged to detect analytes in quantitative or qualitative manner. Qualitative analyses of immunoassay test include immunoassay tests by detecting human chorionic gonadotropin in urine samples for pregnancy. Immunoassay is done in multiple steps with reagents being added and washed away at different points during the assay.
Calibrators, solutions that contain analyte and the concentration of analyte is known to them, is generally employed in the immunoassay. Currently, the immunoassay tests are discovering new avenues of applications in identifying infectious diseases, detection of cancer biomarkers, toxicology testing and other drug monitoring tests. Immunoassay techniques are particularly suited for examining compounds present in extremely low concentration, such as in nano gram and Pico gram, and without any previous treatments to improve its detection.
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On the basis of technology, the immunoassay instruments market can be categorized as enzyme-linked immunosorbent assay (ELISA), radioimmunoassay, rapid tests, polymerase chain reaction, western blot, and ELISPOT. Enzyme-linked immunosorbent assay includes 1st generation ELISA tests, 2nd generation ELISA tests, 3rd generation ELISA tests and 4th generation ELISA tests.
The immunoassay instruments market can be categorized on the basis of applications as oncology, endocrinology, autoimmune disorders, bone and mineral disorders, allergy, infectious diseases, neonatal screening, hematology, blood screening, cardiology, stool testing, and toxicology. On the basis of end users, the immunoassay instruments market can be categorized as laboratories, pharmaceutical companies, academic research centers, hospitals, patient self testing, biotechnology companies, ambulatory centers, blood banks, and physician’s offices.
North America dominates the immunoassay instruments market due to expanding biotechnology and pharmaceutical industries, rising incidences of chronic diseases, government support and the launch of new products in the region. Asia-Pacific is expected to grow at the highest rate in the coming years.
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Some of the competitors in the immunoassay instruments market are Beckman Coulter, Inc., F. Hoffman-La Roche, Ltd., Thermo Fisher Scientific, Ortho Clinical Diagnostics, BioMerieux, Inc., Abbott Laboratories, Sysmex Corporation, DiaSorin S.p.A., Siemens Healthcare, and Merck Millipore Corporation.
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