Immunoassay Market (2011-2016)
By: marketsandmarkets.com
Publishing Date: July 2012
Report Code: BT 1653
Immunoassay Market (2011-2016)
Immunoassays are most common lab test which help in identifying and quantifying blood components for a particular disease; most test focus on proteins in blood or other samples. Immunoassays are increasing used diagnosing cancer, disease research and immunology and have wide customer base in academic and the industrial arena. Shift in focus from genomics to proteomics is one of the driving factors in the market for immunoassays. Apart from this growth is also fueled by advances in technology which are faster, more accurate and cost effective such as ultrasensitive platforms, multiplex technologies, and novel biomarkers. Whereas on the other hand, Pharmaceutical companies, the largest end user segment, due to their tight R&D budgets are likely to restrain the growth of this market. Immunoassay market is expected to grow at a modest pace during the study period. Emerging market such as India and China are likely to positively impact the market, with China accounting for a modest double digit growth rate during the study period.
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