Fluorescence immunoassay analyzers are immunofluorescence based diagnostics systems which involve in-vitro biochemical test used for rapid detection of antigens or antibodies in a sample. Modern fluorescence immunoassay analyzers use a fluorescent compound that absorbs light energy at a specific wavelength and emits that energy at a different wavelength. Fluorescence immunoassay analyzers are used in the measurement of many compounds, including hormones, drugs and proteins. Fluorescence immunoassay analyzers are also used in the identification of antibodies and the quantification of antigens such as bacterial and viral particles. Fluorescence immunoassay analyzers are fast, intuitive and easy-to-use allowing operators to quickly run patient samples or navigate through stored data. The advantages of a fluorescence immunoassay analyzers include higher sensitivity in recognition of an analyte, simplified reagents and simpler assay designs. Fluorescence immunoassay analyzers are extensively used in the field of clinical diagnostics, research and development, and for quality control in drug manufacturing industries.
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Fluorescence Immunoassay Analyzers Market: Drivers and Restraints
The rise in total unit sales of fluorescence immunoassay analyzers and their increasing application in clinical diagnostics coupled with the rising investment of companies in R&D activities to enhance their product offerings are some of the factors boosting the growth in fluorescence immunoassay analyzers market. The increasing frequency of chronic and infectious diseases, which require early diagnosis, prevention and treatment is a key factor propelling the demand for fluorescence immunoassay analyzers in the healthcare sector, globally. Investments in research by various governmental and non-governmental organizations are elevating the demand for these devices. Fluorescence immunoassay analyzers market is anticipated to show remarkable growth over the projection period due to the growing adoption of new and advanced technologies among the targeted population. Moreover, constant advancement in the fluorescence immunoassay analyzers and competition among the market players are some of the other factors which are stimulating the growth of the global fluorescence immunoassay analyzers market. However, there are some factors responsible for hampering the growth of the global fluorescence immunoassay analyzers market. One of the restraining factors includes the potential of cross-reactivity and higher costs of devices.
Fluorescence Immunoassay Analyzers Market: Overview
Raising awareness about the accessible technologies is adding to the increasing adoption rate for the new devices, which is further expected to create a huge potential for the fluorescence immunoassay analyzers market. Moreover, the user-friendly nature of the product will further propel the growth of fluorescence immunoassay analyzers market. Amongst all the end-users, diagnostic laboratories and pharmaceutical industries are collectively anticipated to hold significant market share in the global fluorescence immunoassay analyzers market.
Fluorescence Immunoassay Analyzers Market: Region-wise Outlook
High incidences of infectious and chronic diseases, improved technology, laboratory automation and favourable reimbursement landscape are some of the factors which have led North America to dominate the fluorescence immunoassay analyzers market. As per Centers for Disease Control and Prevention, in 2016 about 150 million American people were estimated to be suffering from one or more chronic diseases. The growth in Asia Pacific fluorescence immunoassay analyzers market is projected to expand at a fast rate due to the rise in the availability of resources. Europe with its expanding healthcare expenditure and increasing clinical research is anticipated to contribute a fair share in the fluorescence immunoassay analyzers market.
Fluorescence Immunoassay Analyzers Market: Key Players
Some of the key players present in global fluorescence immunoassay analyzers market are: Quidel, Abbott Laboratories, bioMerieux, SD Biosensor, Inc., EMD Millipore, Siemens Healthcare, Thermo Fisher Scientific, DiaSorin and others.
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