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North America Antibody Testing Market
No. of Pages: 209 | Report Code: BMIRE00025437 | Category: Life Sciences
No. of Pages: 209 | Report Code: BMIRE00025437 | Category: Life Sciences
The continuously growing burden of chronic diseases on healthcare systems across the world is contributing to the expansion of the antibody testing market in this region. The diagnosis is the first step to any treatment, and test kits are imperative to diagnose any condition to start relevant treatments.
According to the Centers for Disease Control and Prevention (CDC), ~6 in 10 people suffered from at least one chronic disease in the US in 2019. As a result of the growing incidence of various diseases, the demand for antibody testing kits and consumables is increasing as antibody detection is an essential criterion for the diagnosis of several pathogens. Antigen characterization is also vital for understanding and monitoring immune responses to infectious agents and vaccines.
An increase in the prevalence of autoimmune diseases, such as plaque psoriasis, Addison disease, celiac disease - spree (gluten-sensitive enteropathy), dermatomyositis, Graves' disease, Hashimoto thyroiditis, multiple sclerosis, myasthenia gravis, and pernicious anemia is also contributing to the antibody testing market growth in North America. According to the autoimmune report of the International Autoimmune Institute & Bingham Memorial Center for Functional Medicine is recognized as a significant health crisis in the US. 50 million Americans—80% of whom are women—suffer one or more autoimmune conditions. According to a recent NCBI report, the epidemiology analysis of two common autoimmune diseases—systemic lupus erythematosus (SLE) and Sjögren's syndrome—the US has higher prevalence rates than other countries. Thus, rise in the prevalence of diseases and need for early diagnosis for the treatment have compelled manufacturers to launch novel diagnostic kits to cater to unmet demands.
With the new features and technologies, vendors in the North America antibody testing market can attract new customers and expand their footprints in emerging markets.This factor is likely to drive the North America antibody testing market at a promising CAGR during the forecast period.
Strategic insights for the North America Antibody Testing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 3,308.90 Million |
Market Size by 2028 | US$ 5,185.67 Million |
Global CAGR (2021 - 2028) | 6.6% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
The geographic scope of the North America Antibody Testing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America antibody testing market is segmented into products, indication, and end User. Based on product, the market has been categorized as kits, chemicals and reagents, and consumables. The kits segment accounted for the largest market share in 2020. Based on indication, the North America antibody testing market is segmented into infectious diseases, endocrine diseases, oncology, pregnancy, cardiovascular diseases, autoimmune diseases, and others. In 2020, the infectious diseases segment accounted for the largest market share. Based on end user, the North America antibody testing market is segmented into diagnostic laboratories, hospitals, biopharmaceutical companies, and academic and research institutes. In 2020, the diagnostic laboratories accounted for the largest market share. Based on country, the North America antibody testing market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2020.
Abbott; Abcam plc; Agilent Technologies, Inc.; BD; BIO-RAD LABORATORIES INC.; DiaSorin S.p.A.; F. HOFFMANN-LA ROCHE LTD.; THERMO FISHER SCIENTIFIC INC.; Trinity Biotech; and ZEUS Scientific are among the leading companies in the North America antibody testing market.
The North America Antibody Testing Market is valued at US$ 3,308.90 Million in 2021, it is projected to reach US$ 5,185.67 Million by 2028.
As per our report North America Antibody Testing Market, the market size is valued at US$ 3,308.90 Million in 2021, projecting it to reach US$ 5,185.67 Million by 2028. This translates to a CAGR of approximately 6.6% during the forecast period.
The North America Antibody Testing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Antibody Testing Market report:
The North America Antibody Testing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Antibody Testing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Antibody Testing Market value chain can benefit from the information contained in a comprehensive market report.