Immunoprotein Diagnostic Testing Market Driven by Urgent Need for Preventive Healthcare in Emerging Economies

Global Immunoprotein Diagnostic Testing Market: Snapshot

Immunoprotein is a protein with immunological activity. When in an unhealthy state, they display an abnormal increase in their blood concentration, thus acting as a potential indicator for disease diagnosis. The market of global immunoprotein diagnostic testing is on an upswing owing to a large pool of geriatrics and high occurrence of chronic diseases.

The incidence of various infectious diseases is multiplying and a large section of the population in developing economies is suffering due to unhygienic conditions and illiteracy. Many are reportedly succumbing to malaria and cancer, hence early diagnosis is high in demand. This is where immunoprotein diagnostic testing comes in handy. As new and innovative technologies are being continuously introduced in the market, the shelf life of the products is shrinking, thereby acting as a hindrance for market players.

According to Transparency Market Research, the global immunoprotein diagnostic testing market is estimated to reach US$15.3 bn by 2019.

Download Complete PDF Brochure:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1253

Expensive Radioimmunoassay to Trail Other Assay Market Segments

Based on technology, chemiluminescence assay is a rapidly growing segment and growth of this market can be attributed to a wide scope of application, increased sensitivity, and ease of use. Fuelled by the development of multiple ELISA technologies, the ELISA market is expected to grow in a significant manner. On the contrary, the radioimmunoassay segment is expected to lose its footing in the market due to government restrictions on the use of radioactive substances and high cost of assay equipment and safety devices. In addition, the segment will experience a downfall as better and safer technologies such as chemiluminescence assay, ELISA, and immunofluorescence assay will replace radioimmunoassay soon. Immunofluorescence and immunoturbidity assay segments are expected to grow at a modest CAGR of about 5% during the forecast period.

The application of immunoprotein diagnostic testing can be found in infectious diseases, oncology testing, endocrine testing, toxicology testing, allergy testing, and autoimmune disease testing. Oncology testing is projected to account for a large market share in the forecast period. Commoditization of products, growing demand for quick, accurate, and preventive healthcare, especially in emerging economies, technological developments, expansions in the field of immunochromatography, and strengthening network of distributors at a global level will contribute to the market growth – generating maximum revenue of US$4,943.0 mn by 2019.

Browse Full Research Report:
http://www.transparencymarketresearch.com/immunoprotein-diagnostic-testing.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
http://www.transparencymarketresearch.com
Browse market research blog: https://tmrresearch.blogspot.com/

%d bloggers like this: