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Immunoprotein Diagnostic Testing Market To Reflect Tremendous Growth Potential With A Lucrative CAGR By 2025: Grand View Research Inc.

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Immunoprotein Diagnostic Testing Market To Reflect Tremendous Growth Potential With A Lucrative CAGR By 2025: Grand View Research Inc.

February 15
17:24 2021
Immunoprotein Diagnostic Testing Market To Reflect Tremendous Growth Potential With A Lucrative CAGR By 2025: Grand View Research Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a recent report published by Grand View Research Inc., product approval initiatives are likely to accelerate immunoprotein diagnostic testing market expansion.

According to a report, “Immunoprotein Diagnostic Testing Market Size, Share & Trends Analysis By Type (Complement System Proteins, Free Light Chain, Haptoglobin, Immunoglobulin), By Technology, By Application, And Segment Forecasts, 2018 – 2025”, published by Grand View Research, Inc. The global immunoprotein diagnostic testing market size is expected to reach USD 10.3 billion by 2025, registering a staggering CAGR, as per a new report by Grand View Research Inc. The market demand can be attributed to the rising incidence of chronic diseases.

According to a 2017 research report by the American Heart Association, nearly 790,000 people suffer heart attack every year in the U.S. Furthermore, stroke is responsible for 1 in every 20 deaths in the country. Hence, WHO is undertaking initiatives to decrease the risk and occurrence of cardiovascular diseases. Such factors are driving the demand for immunoprotein diagnostics and are expected to rise during the forecast period in order to facilitate rapid diagnosis.

According to WHO, nearly 1.69 million deaths were registered due to lung cancer in 2015, worldwide. As a result, fast and accurate diagnosis of chronic diseases has become crucial to reduce the growing mortality rate. Immunoprotein diagnostic devices and reagents have proven to be highly effective in detecting chronic diseases.

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Technological advancements in immunoprotein diagnostics have led to the introduction of novel products. For instance, LIAISON XL, manufactured by DiaSorin, is a fully automated chemiluminescence analyzer that facilitates complete sample processing. It also measures and evaluates testing samples, thereby, enhancing the efficiency and throughput of the system.

Immunoprotein Diagnostic Testing Market Highlights

  1. Immunoglobulin tests held the test type segment in 2016 due to its widespread adoption by healthcare professionals to monitor the functioning of a patient’s immune system in autoimmune or infectious diseases.

  2. C-Reactive Protein (CRP) tests are gaining huge traction as they can assist in monitoring the treatment effectiveness for infectious diseases and cancer. CPR tests also accounted for a significant market share in 2016.

  3. On the basis of application, infectious disease testing led the market in 2016, followed by oncology testing. Infectious disease testing segment growth can be ascribed to the rising prevalence of chronic infectious diseases, such as HIV/AIDS. Enzyme-based immunoassays are gaining popularity as they are considered rapid testing techniques for disease identification.

  4. Enzyme-based Immunoassay (EIA) led the market, accounting for the largest revenue share in 2016. Human Complement C3 ELISA Kit developed by Abcam uses EIA technology for diagnosis.

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Immunoprotein Diagnostic Testing Market Segmentation

Grand View Research has segmented the immunoprotein diagnostic testing market on the basis of test type, application, technology, and region:

Immunoprotein Diagnostic Testing Test Type Outlook (Revenue, USD Million, 2014 – 2025)

  • Complement System Proteins Diagnostic Tests

  • Free Light Chain Diagnostic Tests

  • Haptoglobin Diagnostic Tests

  • Immunoglobulin Diagnostic Tests

  • Prealbumin Diagnostic Tests

  • C-Reactive Protein (CRP) Diagnostic Tests 

Immunoprotein Diagnostic Testing Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Infectious Disease Testing

  • Oncology Testing

  • Endocrine Testing

  • Toxicology Testing

  • Allergy Testing

  • Autoimmune Disease Testing

Immunoprotein Diagnostic Testing Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Radioimmunoassay

  • Enzyme-based Immunoassay

  • Chemiluminescence Assay

  • Immunofluorescence Assay

  • Immunoturbidity Assay

  • Immunoprotein Electrophoresis

Immunoprotein Diagnostic Testing Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa

    • Saudi Arabia

List of Key Players in Immunoprotein Diagnostic Testing Market 

  1. Bio-Rad Laboratories, Inc.

  2. F. Hoffmann-La Roche AG

  3. Abbott Laboratories

  4. Enzo Biochem, Inc.

  5. Thermo Fisher Scientific, Inc.

  6. DiaSorin S.p.A

  7. bioMérieux SA

  8. Siemens Healthcare GmbH

Have Any Query? Ask Our Experts for More Details on Report:

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About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States

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