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Global Automated Immunoassay Analyzer Market Driven by Increase in Applications

By Labmedica International staff writers
Posted on 18 Apr 2019
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Image: The global automated immunoassay analyzer market is expected to achieve significant growth, driven by product innovations and increased clinical applications (Photo courtesy of iStock).
Image: The global automated immunoassay analyzer market is expected to achieve significant growth, driven by product innovations and increased clinical applications (Photo courtesy of iStock).
The global automated immunoassay analyzer market is expected to achieve significant growth over the coming years, driven by innovations in the existing products and increased clinical applications of these systems. These are the latest findings of Radiant Insights (San Francisco, CA, USA), a market research and consulting company.

Other factors such as the growing inclination towards lab automation, increase in the number of infectious diseases, rise in the use of these systems due to their extensive test menu at affordable prices, and increased use of immunoassay tests for cancer will further contribute to the growth of the global automated immunoassay analyzer market. However, the lack of skilled specialists due to increasing healthcare needs globally and unavailability of healthcare professionals in the developing economies is hampering the growth of the automated immunoassay analyzer market.

The major players in the automated immunoassay analyzer market are increasingly focusing on new product launches along with technical enhancements and expansion of their product portfolio in order to meet the requirements for assay menus, test volumes, budgets, and automation levels among various laboratories. Moreover, the increasing number of biomedical tests for measuring proteins and growing awareness about analyzers in the developing countries are also fueling the growth of the automated immunoassay analyzer market.

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