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Key Players in the Immunoassay Market Focus on Regulatory Approvals, New Product Launches, Agreements, and Merger and Acquisitions.
The immunoassay market is dominated by a few major players, with the top five players accounting for a majority of the market. Prominent players in the immunoassay market include Roche Diagnostics Limited (Switzerland), Siemens Healthcare (Germany), Abbott Laboratories (U.S.), Beckman Coulter (U.S.), Ortho Clinical Diagnostics (U.S.), and bioMérieux (France).
Roche led the global immunoassay market in 2014. This can be attributed to the company‘s exhaustive product portfolio. Its diagnostic division supplies clinical analysis and laboratory testing tools to labs, hospitals, and blood banks worldwide. Roche is a leader in the analyzers, reagents, and kits segments. The company’s cobas analyzer series of products dominates the global immunoassay market. This analyzer series provides maximum convenience for handling and offers the broadest assay menu on the market. Roche also has easy access to all regions worldwide as it has a well-established supply chain.
The key strategies followed by most companies in the immunoassay market are regulatory approvals and grants, new product launches; agreements; and mergers and acquisitions. Companies mainly focused on securing regulatory approvals to achieve growth in the immunoassay market. This strategy accounted for 41.5% of the developments in the market between 2011 and 2014. Regulatory approvals allow companies to expand their product portfolios, market shares, and customer base. Roche Diagnostics, Abbott Laboratories, bioMérieux, Bio-Rad Laboratories, and Ortho-Clinical Diagnostics are some leading market players that adopted this strategy.
Immunoassay Market by Technology (ELISA, Fluorescence, Colorimetric, Chemiluminescence, Rapid Test, Western Blot, ELISPOT, PCR), by Application (Infectious Disease, Endocrinology, Cardiology, Oncology, Hematology), & by End User - Global Forecast to 2019
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