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05 Nov 2020 - 07 Nov 2020

Global ELISA Kits Market to Surpass USD 418.5 Billion by 2025

By LabMedica International staff writers
Posted on 09 Mar 2020
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The global ELISA (Enzyme-Linked Immunosorbent Assay) Kits market is projected to grow at a CAGR of 3.8% to surpass USD 418.5 billion by the year 2025, driving a CAGR of 4% in the worldwide Research ELISA market which is expected to reach USD 143.7 billion.

These are the latest findings of Global Industry Analysts, Inc. (San Jose, CA, USA), a publisher of off-the-shelf market research.

Within the developed world, the ELISA Kits market in the US is projected to maintain a growth of 3.1%. Within Europe, which remains an important element in the world economy, Germany will add over USD 5.2 billion to the region's ELISA Kits market over the next five to six years. Over USD 4.2 billion worth of projected demand for ELISA kits in the region is expected to come from the Rest of Europe markets.

The Japanese ELISA Kits market is expected to reach a size of USD 24.4 billion by 2025. As the world's second-largest economy and the new game changer in the global markets, China’s ELISA Kits market is projected to grow at 6.2% over the next couple of years and add approximately USD 40.1 billion in terms of addressable opportunity. Several macroeconomic factors and internal market forces will shape the growth and development of demand patterns of the ELISA Kits market in the emerging countries in Asia-Pacific, Latin America and the Middle East.

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