Critical Importance of Assaying in Research & Diagnostic Applications Drives Growth in the Global Immunoassay Systems Market
The global market for Immunoassay Systems is projected to reach US$31.6 billion by 2025 , driven by critical importance of assaying in research and diagnostic applications amid growing emphasis on early diagnosis of disease conditions and development of novel biomarkers. Improving access to healthcare and testing services in developing countries is another major market driver. Immunoassays are test procedures based on the specific immuno-reaction between an antibody and an antigen, for the determination of amount of an analyte in a test sample. Thanks to the steady expansion in immunodiagnostics, biomarker research programs, and technological advancements in the overall healthcare industry, world market for immunoassays systems evolved remarkably over the years, and continues to project a favorable outlook for the future. Rising incidence of debilitating conditions, such as diabetes, cardio-vascular ailments, infectious diseases, autoimmune disorders, allergy and cancer, fuelled ...