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Immunofluorescence Assay Market Size and Growth Potential: An In-Depth Analysis
The global immunofluorescence assay market size is anticipated to reach USD 4.95 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to reach at a CAGR of 5.29% from 2023 to 2030. Immunofluorescence is a traditional technique used for getting insight into cellular processes and structures using microscopy. For instance, specific proteins can be assessed for their location and expression. Increasing prevalence of chronic and infectious diseases, significant applications of immunofluorescence assay (IFA) in several areas and technological advancements in techniques and associated instruments are key factors driving the market growth.
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The immunofluorescence assay market is anticipated to witness rapid growth, owing to the technological advances and launch of novel instruments. For instance, in November 2020, CTK Biotech, Inc. introduced RaFIA immunofluorescence immunoassay system to meet the rising demand for quantitative rapid tests. The system is user friendly, offers a high level of sensitivity and a broad working range. In addition, in March 2021, Euroimmum introduced an automated immunofluorescence microscope EPML (EUROPattern Microscope Live). The instrument comprises of 20x high camera resolution and captures the image within 2 seconds. Such developments are increasing the efficiency and adoption of the technique, thereby fueling the market growth.
The chronic diseases such as Alzheimer’s, HIV, and Chron’s disease have increased globally over the last few decades. For instance, according to CDC, in 2020, 5.8 million individuals in America were living with Alzheimer’s disease. According to WHO, 38.4 million individuals were living with HIV globally by the end of 2021. Hence, the growing awareness and increasing demand for the detection and cure of several chronic and infectious diseases are some of the driving factors for the market growth.
#Immunofluorescence Assay Market Size & Share#Global Immunofluorescence Assay Market#Immunofluorescence Assay Market Latest Trends#Immunofluorescence Assay Market Growth Forecast#COVID-19 Impacts On Immunofluorescence Assay Market#Immunofluorescence Assay Market Revenue Value
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Immunofluorescence Assay Market Partnering Deals of Key Players 2024 – 2031
The Insight Partners recently announced the release of the market research titled Immunofluorescence Assay Market Outlook to 2031 | Share, Size, and Growth. The report is a stop solution for companies operating in the Immunofluorescence Assay market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period.
Is Investing in the Market Research Worth It?
Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Immunofluorescence Assay Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management.
A trusted market researcher can guide you to not only avoid pitfalls but also help you devise production, marketing, and distribution tactics. With the right research methodologies, The Insight Partners is helping brands unlock revenue opportunities in the Immunofluorescence Assay market.
If your business falls under any of these categories – Manufacturer, Supplier, Retailer, or Distributor, this syndicated Immunofluorescence Assay market research has all that you need.
What are Key Offerings Under this Immunofluorescence Assay Market Research?
Global Immunofluorescence Assay market summary, current and future Immunofluorescence Assay market size
Market Competition in Terms of Key Market Players, their Revenue, and their Share
Economic Impact on the Industry
Production, Revenue (value), Price Trend
Cost Investigation and Consumer Insights
Industrial Chain, Raw Material Sourcing Strategy, and Downstream Buyers
Production, Revenue (Value) by Geographical Segmentation
Marketing Strategy Comprehension, Distributors and Traders
Global Immunofluorescence Assay Market Forecast
Study on Market Research Factors
Who are the Major Market Players in the Immunofluorescence Assay Market?
Immunofluorescence Assay market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Immunofluorescence Assay market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Immunofluorescence Assay market share.
Report Attributes
Details
Segmental Coverage
Type
Micro Immunofluorescence
Indirect Immunofluorescence
Direct Immunofluorescence
Product
Antibodies
Kits & Reagents
Labeling Dyes
Instruments
Disease
Cancer
Infectious Diseases
Cardiovascular Diseases
Autoimmune Diseases
Others
End User and Geography
Pharmaceutical & Biotechnology Companies
Academic & Research Institute
Hospitals & Diagnostic Centers
Contract Research Organizations Geography
and Geography
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Thermo Fisher Scientific Inc.
Abcam plc.
Bio-Rad Laboratories, Inc.
PerkinElmer Inc.
Merck KGaA
BD
Agilent Technologies, Inc.
Enzo Life Sciences, Inc.
Sino Biological Inc.
Danaher
Cell Signaling Technology, Inc.
Bio SB
?
Other key companies
What are Perks for Buyers?
The research will guide you in decisions and technology trends to adopt in the projected period.
Take effective Immunofluorescence Assay market growth decisions and stay ahead of competitors
Improve product/services and marketing strategies.
Unlock suitable market entry tactics and ways to sustain in the market
Knowing market players can help you in planning future mergers and acquisitions
Visual representation of data by our team makes it easier to interpret and present the data further to investors, and your other stakeholders.
Do We Offer Customized Insights? Yes, We Do!
The The Insight Partners offer customized insights based on the client’s requirements. The following are some customizations our clients frequently ask for:
The Immunofluorescence Assay market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
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Immunofluorescence Assay Market Size, Share, Comprehensive Analysis, Opportunity Assessment by 2031
The Insight Partners has unveiled its latest market research offering, providing a comprehensive analysis of the “ Immunofluorescence Assay Market Forecast” and growth potential. The report, titled “Immunofluorescence Assay Market Size, Share and Trends | 2030” is a culmination of extensive research and expert insights, offering valuable information for both dominant market players and bootstrapped startups aiming to make informed decisions in the “Immunofluorescence Assay Market”.
We are committed to delivering high-quality market research that empowers businesses to thrive in a rapidly evolving market environment. Our research analysts have used top-down, bottom-up, primary, and secondary research approaches to evaluate and approve the market conclusions. The insights presented in the “Immunofluorescence Assay Market Report” are designed to assist companies in formulating effective strategies for growth and sustainability.
The report offers statistical data such as market share, size, and CAGR estimates. A thorough “Immunofluorescence Assay Market Analysis” revealed the key companies operating are Thermo Fisher Scientific Inc., Abcam plc., Bio-Rad Laboratories, Inc., PerkinElmer Inc., Merck KGaA, BD, Agilent Technologies, Inc., Enzo Life Sciences, Inc., Sino Biological Inc., Danaher1, Cell Signaling Technology, Inc.1, Bio SB, ? . This market research is based on data and facts collected from authoritative sources.
Key Highlights of the Report
Uncovering the dynamic forces driving the “Immunofluorescence Assay Market Growth”, such as economic factors, technological advancements, and regulatory influences.
Understanding consumer behavior by delving into consumer preferences, purchasing patterns, and factors influencing buying decisions.
Breaking down the Immunofluorescence Assay market into key segments, providing a detailed examination of each segment's “Immunofluorescence Assay market share”, growth potential, and strategic considerations.
Analyzing regional trends and variations, offering businesses a nuanced understanding of market dynamics in different geographical areas.
Analysis of key players in the market, including their market share, product portfolios, and key strategies.
By combining a strategic approach, advanced methodologies, and a commitment to quality, we strive to set the standard for excellence in market research. Our dedication to innovation ensures that our clients receive insights that drive success in the ever-evolving landscape of any market.
What contributes to the authenticity of this research?
Comprehensive summary of present Immunofluorescence Assay market condition.
Accurate estimations on market revenue forecasts and CAGR to rationalize resources.
Regional reporting to uncover new markets for business
Competition analysis aims to help corporations in a modest edge.
Facts-based crystal-clear insights for business success.
The research is modified as per business necessities.
Access to PDF, and PPT formats of this research.
Why Choose Customization with The Insight Partners?
Relevance and Precision: Receive insights directly relevant to your operations, enhancing decision-making effectiveness.
Cost-Efficiency: Pay for insights that align with your objectives, optimizing your investment.
Strategic Alignment: Seamlessly integrate findings with existing strategies for enhanced organizational success.
Consumer Trends and Insights
The report captures the latest “Immunofluorescence Assay market trends”, emerging technologies, and industry shifts, empowering clients to stay ahead of the curve. This section will present insights on brand promotion, product marketing, and target consumers.
Market Segmentation
This market research is based on key segments such as products, end-use industries, and regions. We intend to keep our clients informed about the latest trends in the market, and potential revenue streams for the forecast period.On the Basis of Type this market is categorized further into-
Micro Immunofluorescence
Indirect Immunofluorescence
Direct Immunofluorescence
On the Basis of Product this market is categorized further into-
Antibodies
Kits & Reagents
Labeling Dyes
Instruments
On the Basis of Disease this market is categorized further into-
Cancer
Infectious Diseases
Cardiovascular Diseases
Autoimmune Diseases
Others
On the Basis of End User and Geography this market is categorized further into-
Pharmaceutical & Biotechnology Companies
Academic & Research Institute
Hospitals & Diagnostic Centers
Contract Research Organizations Geography
Key regions Immunofluorescence Assay Market Research Report:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of Latin America)
The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
Rest of the World
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Multiplex Biomarker Imaging Market Business Opportunities and Global Forecast to 2029
The global Multiplex Biomarker Imaging Market was valued at US$ 422.1 Mn in 2021 and is expected to reach US$ 1,041.7 Mn by 2029, finds Future Market Insights (FMI) in a recent market survey.
As per the findings of the report, the global multiplex biomarker imaging market is projected to experience significant growth over the forecast period, due to growing demand for advanced immunofluorescence techniques that help in better diagnosis and management of tumors at a cellular level.
The global multiplex biomarker imaging market was valued US$ 300 Mn in 2018, and is expected to increase at a CAGR of 12% over the forecast period of 2019–2029.
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Key Takeaways of Multiplex Biomarker Imaging Market Study
There is steady demand for immunofluorescence slide scanners, as these offer exceptionally high image quality, reliability, and speed for whole slide imaging.
North America is anticipated to be an attractive market for multiplex biomarker imaging, owing to developed healthcare infrastructure, favorable government policies, and financial grants for laboratory research by the government
Immunostaining is widely used in the diagnosis of abnormal cells, such as cancerous cells, and also assists in understanding the distribution and localization of biomarkers and differentially expressed proteins in different parts of a biological tissue.
The commercial success of the multiplex biomarkers imaging market is highly dependent on cancer research studies, which could serve multiple purposes such as detection of cancerous cells, presence of necrotic agents, and assessment of structural and functional abnormalities in cellular anatomy.
Tier 1 Players to Hold More Than 80% Revenue Share
PerkinElmer, Bio-Rad, and Thermo Fisher Scientific are among the leading market players in the multiplex biomarker imaging market. These manufacturers continue to dominate the landscape of the multiplex biomarker imaging market due to their strong focus on product innovation, market leadership in product introduction, and strong distribution network with translational laboratories and academic institutes to increase sales.
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Future Market Insights has studied the evolution of the multiplex biomarker imaging market from 2014–2018, and presents demand projections for 2019–2029, on the basis of component type (instruments, software, and services), imaging technique (IHC assays, FISH assays, TMA assays), application (research and clinical diagnostics), and end user (translational laboratories, biopharmaceutical companies, and academic institutes) across seven prominent regions.
“Increasing focus on cancer research and wide application of imaging technique in the development of specific gene targeted medication provide opportunity for key players. Inorganic strategies are being followed by prominent players for the distribution of devices.”
MULTIPLEX BIOMARKER IMAGING MARKET TAXONOMY
The global multiplex biomarker imaging market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Component Type
Instruments
Quantitative Pathology Imaging Systems
Immunofluorescence Slide Scanners
Toponome Imaging Systems
Multispectral Imaging Systems
Software
Services
Installation & Integration Services
Maintenance Services
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Imaging Technique
Immunohistochemistry (IHC) Assays
Fluorescent In-Situ Hybridization (FISH) Assays
Tissue Microarray (TMA) Assays
Application
Research
Clinical Diagnostics
End User
Translation Laboratories
Biopharmaceutical Companies
Academic Institutes
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Immunofluorescence Assay Market 2019 | Key Players are Thermo Fisher, Inova Diagnostics, Bio-Rad, Abcam , PerkinELmer, Danaher
The Report “Immunofluorescence Assay Market by Product (Reagent, Primary & Secondary Antibody, Kit, Imaging Equipment, Immunofluorescence Microscopy), Type (Direct, Indirect), Disease (Cancer, Cardiovascular, Infectious Disease) & End User - Global Forecast to 2023”
The immunofluorescence assay market is expected to reach USD 2.01 Billion by 2023 from USD 1.43 Billion in 2017, at a CAGR of 5.8%.
The increasing prevalence of chronic diseases, increasing R&D spending, and increasing healthcare spending are the major factors driving the growth of the market.
Immunofluorescence assay is a powerful technique used to analyze the distribution of glycans, proteins, and small biological and non-biological molecules (cells and tissues) using antibodies conjugated with a fluorescent dye, known as fluorophore, which can be visualized using a fluorescence microscope or imaging systems.
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Research Methodology
Top-down and bottom-up approaches were used to validate the size of the global market and estimate the size of other dependent submarkets. Various secondary sources such as directories, industry journals, databases such as D&B Hoovers, Bloomberg Business, and Factiva, and annual reports of the companies have been used to identify and collect information useful for the study of this market.
Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this immunofluorescence assay industry.
Key Players
The prominent players in the global immunofluorescence assay market are Thermo Fisher (US), Inova Diagnostics (US), Bio-Rad (US), Abcam (UK), PerkinELmer (US), Merck Millipore (US), Cell Signaling Technology (US), MEDIPAN GMBH (Germany), Sino Biological (China), Danaher (US), and Vector Laboratories (US). Read More
#Immunofluorescence Assay Market#Global Immunofluorescence Assay Market#Immunofluorescence Assay Market 2019#immunofluorescence assay market forecast#Immunofluorescence Assay Market Size#Immunofluorescence Assay Market Share#Immunofluorescence Assay Market Trends#immunofluorescence assay market growth
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Antinuclear Antibody Test Market to Grow by CAGR of ~13% During 2022 – 2031
Research Nester published a report titled “Antinuclear Antibody Test Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers a detailed overview of the global antinuclear antibody test marketin terms of market segmentation by product, disease, technology, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.
The global antinuclear antibody test market is projected to grow at a CAGR of ~13% by attaining a noteworthy revenue during the forecast period, i.e., 2022 – 2031. Factors such as, increasing awareness regarding ANA tests and the growing prevalence of autoimmune diseases worldwide are projected to propel the growth of the market over the forecast period. Based on a report published by World Health Organization (WHO), it was stated in 2017, 9 million people were suffering from type 1 diabetes.
Additionally, by technology, the global antinuclear antibody test market is segmented into immunofluorescence, multiplex assay, and ELISA. Out of these sub-segments, the ELISA segment is anticipated to acquire a notable share in the market during the forecast period. ELISA is the shortened form for enzyme-linked immunoassay. The growth of the segment is attributed to its higher utilization in the examination of antibodies in the blood. Furthermore, it is also utilized to monitor the level of therapeutic drugs.
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Furthermore, the global antinuclear antibody test market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of these regions, the market in the North America region is projected to grow at a noteworthy pace during the forecast period. The growth of the market in the region is attributed to the growing geriatric population and rising cases of autoimmune diseases. According to the report published by American Autoimmune Related Diseases Association (AARDA), it was found that more than 100 types of autoimmune diseases are circulating in the region, meanwhile, 50 million Americans have some sort of autoimmune disease.
The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.
Rising Cases of Diabetes Globally to Foster the Growth of the Market
A report by World Health Organization (WHO) stated that 422 million people of the global population have diabetes while in 2019, 1.5 million people lost their lives due to diabetes.
Diabetes is referred to as a metabolism disorder that occurs when the blood sugar gets too high or too low. The increased amount of sugar or glucose in the blood can be the major factor to cause health problems, such as, nerve damage, kidney diseases, and heart and eye problems. It requires a scheduled check-up and treatment. Therefore, such factors are anticipated to propel the growth of the market.
However, the lack of skilled medical professionals and errors during the diagnosis procedure is expected to operate as a key restraint to the growth of the global antinuclear antibody test market over the forecast period.
This report also provides the existing competitive scenario of some of the key players in the global antinuclear antibody test market which includes company profiling of F. Hoffmann-La Roche Ltd, ERBA Diagnostics, Inc., Zeus Scientific Inc., Trinity Biotech plc, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Immuno Concepts Inc, Euroimmun Medizinische Labordiagnostika AG, Antibodies Incorporated, and Becton, Dickinson and Company. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global antinuclear antibody test market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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Immunofluorescence Assay Market Share to witness steady rise in coming decade | Thermo Fisher Scientific, Inc., Abcam plc, Bio-Rad Laboratories, Inc.
Global Immunofluorescence Assay Market report from Global Insight Services is the single authoritative source of intelligence on Immunofluorescence Assay Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Immunofluorescence assay (IFA) is an analytical technique used to detect and quantify specific proteins in a sample. Proteins are first isolated from the sample and then incubated with a primary antibody that binds to the protein of interest. The primary antibody is then detected with a secondary antibody conjugated to a fluorescent dye. The fluorescence is then detected and quantified using a microscope or other imaging device.
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Key Trends
There are several key trends in immunofluorescence assay technology. One is the development of more sensitive and specific assays.
This is being driven by the need to detect ever-smaller concentrations of analytes, as well as the need to improve the specificity of detection to ensure that the correct target is being detected.
Another key trend is the miniaturization of immunofluorescence assays.
Key Drivers
The key drivers of the immunofluorescence assay market are the increasing prevalence of chronic diseases, the growing demand for early diagnosis, the rising number of research studies, and the availability of new technologies.
The immunofluorescence assay is a powerful tool for the diagnosis of chronic diseases such as cancer, autoimmune disorders, and infections. The increasing prevalence of these diseases is driving the growth of the immunofluorescence assay market.
Market Segments:
By Product
Reagents
Instruments
By Type
Indirect Immunofluorescence
Direct Immunofluorescence
By Disease
Infectious Diseases
Other Diseases
By End User
Academic & Research Institutes
By Region
North AmericaThe U.S.
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Key Market Players:
Thermo Fisher Scientific, Inc.
Abcam plc
Bio-Rad Laboratories, Inc.
PerkinElmer Inc.
Merck KGaA
Werfen Company
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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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Why is it important to diagnose influenza?
Influenza Diagnostics Market Growth and Trends, 2022 by Major Manufacturers
Influenza Diagnostic tests with specificity and high sensitivity are major developments in influenza diagnostics over recent years. Reverse transcription-polymerase chain reaction (RT-PCR) and Nucleic acid labeling detection tests have greatly improved the ability to detect respiratory viruses. Additionally, molecular tests for influenza are mainly focused on the detection of specific known pathogens by NATs. NATs have several advantages over other existing diagnostic tools. They potentially can detect low levels of all-known influenza pathogens in clinical specimens, do not depend on the viability of the target microbe, and can provide results within a clinically relevant time frame.
Influenza Diagnostics Market size is projected to reach USD 1.3 billion in 2027 from an estimated USD 0.86 billion in 2021, growing at a CAGR of 7.4% globally.
Market analysis, sizing, and forecast of the influenza diagnostics market are covered in the report. The country-level assessment of the market and associated forecasts are explained in the influenza diagnostics market report. The expansion of the influenza diagnostic controlling market dynamics intelligence that includes, market drivers, opportunities, supply chain, restraints, trends, value chain analysis, and Porter’s five forces are studied by MRFR analysts. Patent analysis outlook, Technology trends, and regulatory landscape of the market is detailed in the report to help investors acquire an in-depth understanding of the market and associated activities.
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The Major Players In The Influenza Diagnostics Market Include:
· Danaher Corporation (US)
· Siemens Healthineers (Germany)
· Thermo Fisher Scientific Inc. (US)
· F. Hoffmann-LA Roche AG (Switzerland)
· Abbott Laboratories Inc. (Us)
· Hologic Inc. (US)
· bioMérieux SA (France)
· Quidel Corporation (US)
· Becton
· Dickinson and Company (US)
· Meridian Bioscience (US)
· GenMark Diagnostics Inc. (US)
· Luminex Corporation (US)
· Tecan Trading AG (Switzerland)
Market has segmented the global Influenza Diagnostics market on the basis of type, application, and region:
The Influenza Diagnostics market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
· Traditional Rapid Influenza Detection Tests Viral Culture Immunoassay Kits Immunofluorescence Assays And Serological Testing (Rapid Influenza Detection Tests
· Viral Culture
· Immunoassay Kits
· Immunofluorescence Assays
· And Serological Testing)
· Rapid Influenza Detection Tests
· Viral Culture
· Immunoassay Kits
By End Users:
· Clinical Laboratories
· Hospitals
· Research And Academic Institutes
· And Diagnostic Laboratories
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Influenza Diagnostics Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
Key Points Covered in Influenza Diagnostics Industry Survey:
Market Estimates and Forecasts (2022-2028)
Key Drivers and Restraints Shaping Market Growth
Segment-wise, Country-wise and Region-wise Analysis
Competition Mapping and Benchmarking
Market Share Analysis
COVID-19 Impact on Demand for Influenza Diagnostics and How to Navigate
Recommendation on Key Winning Strategies
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#immunofluorescence assay market#global immunofluorescence assay market#immunofluorescence assay market size#immunofluorescence assay market share#immunofluorescence assay market trends#immunofluorescence assay market forecast#Immunofluorescence Assay Market insights#immunofluorescence assay market growth
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Bovine Serum Market and its key opportunities and challenges 2022
Bovine serum, also known as bovine serum albumin (BSA) or Fraction V, is a globular protein derived from cows. It is produced by manipulating the pH, concentrations, salt levels, and temperature of plasma proteins by the Cohn fractionation method.
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Bovine serum is a multifunctional protein with exceptional ligand binding capacity and gelling properties. It acts as a carrier for a diverse range of drugs, nutrients, metabolites, metals, and other molecules in the body. BSA’s exceptional properties and stability in biological reactions drive its applications in the clinical, pharmaceutical, and biochemical sectors. Thus, the bovine serum market is expected to grow in tandem with these end-use industries during the forecast period, 2020–2027.
Use of Bovine Serum in Life Sciences
BSA is produced in various formats for use in immunology, biochemistry, and biotechnology. In immunology, BSA is used for conducting various biological tests, including ELISA (Enzyme-Linked Immunosorbent Assay), immunocytochemistry (immunohistochemistry and immunofluorescence microscopy), and immunoblots (western blot and dot blot). In molecular biology, BSA is used for the stabilization of enzymes and considered a blocking reagent. This is because it doesn’t affect the function of the proteins that do not need stabilization. For instance, it is frequently used in stabilizing solubilized proteins such as labile enzymes, and it is also effective in removing toxic substances, including pyrogens, from the blood.
The ability of BSA to increase the stability of proteins in biological testing procedures and the lack of effect in many biochemical reactions have increased the use of the product in the healthcare sector. Moreover, BSA can be easily extracted in large quantities after the purification of bovine blood, owing to which the product is available easily and at a low cost in the market, which is further expected to boost the demand for BSA in the market.
Use of Bovine Serum in Supplements
Increasing health and hygiene concerns propel the nutrition and supplement industry. Rising issues related to the ill-health effects associated with the consumption of synthetic proteins have shifted consumer preference to natural protein sources in the last few years. This change in consumer preference has spurred a shift in the nutrition industry from protein powders to a wide range of natural nutritional supplements.
In human anatomy, Insulin-Like Growth Factors (IGFs) are primarily growth-promoting peptides. In the bloodstream, these peptides are bounded to IGF-binding protein (IGFBP), of which six different types exist. These IGFBPs can be obtained from bovine serums; highly purified bovine serum has the IGFBP-3, which is one of the six binding proteins that help in providing the necessary proteins to the body and cell culture applications. Currently, a number of research institutes and life science companies are focusing on developing a product from BSA to meet the rising demand for these products among various end-uses.
North America & Asia-Pacific — The Leading Bovine Serum Markets Globally
North America and Asia-Pacific are expected to dominate the global bovine serum market. Applications in the healthcare sector drive the most significant growth in North America. Additionally, the increasing number of cases of bovine spongiform encephalopathy (BSE) in the region has surged the demand for the product in animal feed. The Asia-Pacific market is fueled by the expanding healthcare sector, supported by favorable initiatives taken by government organizations. China and India are the most significant growth drivers in the region in this regard. A few of the initiatives that promote the growth of the healthcare sector in the region are listed below.
The Healthy China (HC 2030) program, 2016: It emphasizes prioritizing healthcare in the country and providing equal opportunities to every individual while reforming key areas
Pradhan Mantri Jan Arogya Yojana (PMJAY): It aims to provide health insurance worth USD 7,124.54 to over 100 million families every year
The region’s rapidly rising population and well-established husbandry sector are also expected to contribute to the region’s growth momentum during the forecast period.
Germany, the U.K., and France to Lead Market Growth in Europe
The European market holds a prominent share in the global bovine serum market, backed by global players’ investments, shifting preference towards nutrition supplements, increasing health and hygiene awareness, and strong demand for dairy products. The demand for dairy products, in particular, is expected to be a significant contributor to growth. As per the FAO, in 2018, the milk output increased to 226.4 million tons, 0.8% higher than that in 2017. Germany, the U.K., and France are expected to lead market growth in Europe.
Utilization of BSA as Fodder in Desert Areas to Drive Market Growth in MEA
Livestock is a cornerstone and a key pillar supporting the national income of several countries in the Middle East and Africa. The utilization of BSA as an alternative source of fodder in desert areas to provide sufficient growth nutrients to cattle in cases where the farmer is unable to cultivate fodder for the cattle is the application that drives the market growth in the region.
Latin America’s Large Livestock Industry Drives Market Growth in Latin America
Latin America has one of the largest livestock industries across the globe. In 2018, Brazil and Argentina had second and sixth largest cattle inventory, further making the region one of the major exporters of dairy and meat products. The growing demand for dairy and meat has compelled farmers to provide the required nutrition to cattle in order to gain good meat, coat, and dairy products.
Bovine Serum Market: Key Players
Thermo Fisher Scientific Inc.
Bio-Rad Laboratories, Inc.
Merck KGaA,
Proliant Biologicals, LLC.
Rockland
Rocky Mountain Biologicals
Prospec-Tany Technogene Ltd
Biological Industries
BIOWEST SAS
BioVision Inc.
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