PUBLISHER: Polaris Market Research | PRODUCT CODE: 1259852
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1259852
The global elispot and fluorospot assay market size is expected to reach USD 510.61 million by 2032, according to a new study by Polaris Market Research. The report "ELISpot and FluoroSpot Assay Market Share, Size, Trends, Industry Analysis Report, By Product (Assay kits, B Cell Assay, T Cell Assay, Ancillary Products, and Analyzers); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rapidly growing incidence of various chronic diseases worldwide and rise in the vaccine development to address several challenges faced, as a result of microbial resistance along with the higher advancements in the ELISpot assay kits and analyzers, are major key factors propelling the growth of the global market.
Furthermore, to meet the growing demand for these assay diagnostics in emerging economies, numerous manufacturers are increasingly focusing on the business development of expansion activities like entering into partnerships and agreements with domestic market players for their product distribution and market expansion, that is further boosting the market growth.
For instance, in February 2022, Siemens Healthineers & UNICEF, announced that they have entered into a strategic partnership for strengthening and enhancing the fragile health systems in Sub-Saharan Africa through improving access to diagnostics. With a 5 Mn Euro grant, Siemens Healthineers will support the UNICEF's work helping new-born, child deaths, & mother's health.
In the last few years, pharmaceutical industry deciphered medicines more effectively and drove innovation, and adopted the array-based techniques significantly owing to its higher level of accuracy and cost-effectiveness along with its ability to provide much accurate responses regarding the tissues, proteins, and many others as well, are likely to create ample growth opportunities for the global market.
T-cell assay segment is projected to grow at fastest rate during the anticipated period on account of the rapidly growing incidence of cancer and other related diseases
Diagnostics segment accounted for highest market share in 2022, which is mainly accelerated by high implementation of advanced and innovated technologies like AI and ML
Hospitals & clinical laboratories segment held the largest market revenue share in 2021, owing to the robust presence of enhanced infrastructure and high investment on facility improvement across healthcare organizations
North America region dominated the global market in 2022, that is mainly driven by heavy investment in R&D investment and large number of patients opting for hospital for their better treatments
The global key market players include Cellular Technology, Becton Dickson and Company and Abcam Plc, Anogen-Yes Biotech Laboratories Ltd., and Merck KGaA
Polaris Market Research has segmented the ELISpot and FluoroSpot assay market report based on product, application, end-use, and region:
ELISpot and FluoroSpot Assay, Product Outlook (Revenue - USD Million, 2019 - 2032)
Assay Kits
B Cell Assay
T Cell Assay
Ancillary Products
Analyzers
ELISpot and FluoroSpot Assay, Application Outlook (Revenue - USD Million, 2019 - 2032)
Diagnostics
Research
Transplants
Infectious Diseases
Vaccines
Clinical Trails
Others
ELISpot and FluoroSpot Assay, End-Use, Outlook (Revenue - USD Million, 2019 - 2032)
Hospitals and Clinical Laboratories
Research Institutes
Biopharmaceutical Companies and CROs
Ambulatory Surgical Centers
Others
ELISpot and FluoroSpot Assay, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa