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Cancer occurrence is increasing rapidly, which is anticipated to enhance the demand for effective diagnostic methods such as immunoassay. As per World Health Organization (WHO), around 37.7 million people had HIV in 2020. HIV and AIDS can be well treated with the help of enzyme-linked immunosorbent assay (ELISA) testing. Additionally, widespread research is being carried out for the huge development of technologies and software for enzyme-linked immunosorbent assay (ELISA) testing.
Data Bridge Market Research analyses that the enzyme-linked immunosorbent assay (ELISA) tests market, which was USD 2.35 billion in 2022, would rocket up to USD 4.02 billion by 2030 and is expected to undergo a CAGR of 6.9% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Explore Further Details about This Research ELISA Development Kits Market Report https://www.databridgemarketresearch.com/reports/global-elisa-development-kits-market
Enzyme-Linked Immunosorbent Assay (ELISA) Tests Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Method (Direct ELISA, Indirect ELISA, Sandwich ELISA and Competitive ELISA), Application (Vaccine Development, Immunology, Diagnostics, Toxicology, Drug Monitoring and Pharmaceutical Industry and Transplantation, Infectious Diseases, Cancer, Protein Quantitation, Others), Technology (Chemiluminescent, Colorimetric, and Fluorescent), End User (Hospitals and Diagnostic Centers, Research Laboratories) |
Countries Covered | U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Ortho Clinical Diagnostics (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific (U.S.), Abbott (U.S.), ZEUS Scientific, Inc. (U.S.), B.D. (U.S.), BioMérieux (France), Enzo Life Sciences, Inc.(U.S.), PerkinElmer, Inc. (U.S.), Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S.), BioLegend, Inc (U.S.)., LOEWE Biochemica GmbH (Germany)., ELISA Technologies, Inc (U.S.)., R&D Systems, Inc. (U.S.)., Arbor Assays (U.S.), Eurofins Scientific (Luxembourg), Danaher (U.S.), Sysmex Corporation (Japan), Agilent Technologies, Inc. (U.S.), Bruker (U.S.), Siemens (U.S.), General Electric (U.S.) |
Market Opportunities |
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Enzyme-linked immunosorbent assay (ELISA) is a test type performed to identify the presence of antibodies in a liquid biological sample. ELISA is used as a quality control check in numerous industries and as a diagnostic tool in plant pathology and medicine. In numerous sectors, enzyme-linked immunosorbent assay (ELISA) testing is widely used as a quality assurance check and screening tool in medicine and plant pathology.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Tests Market Dynamics
Drivers
- Increasing Initiatives to Raise Awareness
Varied applications of immunoassay-based diagnostics are considerably increasing worldwide. Public awareness campaigns are launched to identify the symptoms of infectious diseases such as HIV and find ways to prevent them. Therefore, growing patient awareness has led to high demand for immunoassays. For instance, the advocacy program by the International Society for Infectious Diseases focused collaborated with public health practitioners, clinicians, and researchers worldwide. It supported the exchange of scientific knowledge and the application of public health practices and evidence-based medicine. Thus, this factor boosts the growth of the market.
- Increasing Demand for Sandwich ELISA
Sandwich ELISA is widely used for detecting immunological response and this factor is supporting the market's growth. Additionally, this type is the most sensitive test, with high flexibility and increased specificity, as numerous antibodies bind to the same antigen for recognition or detection. The major advantage of sandwich ELISA is that the sample is not required to purify before analysis. This saves time for many manufacturers. Thus, this factor boosts market growth.
Opportunities
- Growing Developments by Market Players
There have been increasing developments by key market players, leading to the market's growth. For instance, in 2019, the Native Antigen Company declared the launch of a novel Zika immunoassay known as the NS1 enzyme-linked immunosorbent assay (ELISA) assay, which has significant specificity and sensitivity across a wide range of spectrum of biological samples. Thus, these increasing developments led to the growth of the market.
- Increasing Incidence of Cancer
The growing incidence of cancer cases globally is one of the primary factors leading to the growth of the immunoassay market during the forecast period 2023-2030. As per the report published by the International Agency for Research on Cancer, the occurrence of cancer was projected to be 18.1 million new cases. Around 9.6 million deaths because of the disease were recorded in 2018. Thus, a rise in cancer incidence is anticipated to boost the adoption of immunoassays.
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