The neuro immunoassay market is expected to grow at a compound annual growth rate (CAGR) of 7.3% from USD 2,616.1 million in 2023 to USD 5,303.1 million by 2033.
In a number of bioanalytical contexts, including food testing, clinical diagnostics, security, environmental monitoring, and biopharmaceutical analysis, immunoassays (IAs) are essential. It is a chemical test that uses an immune response to identify and measure a specific molecule. Neuro Immunoassay is a quick and accurate test technique that can be applied in the lab or on-site to identify particular compounds.
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It is anticipated that the market for neuro immunoassay would grow, highlighting the increased prevalence of neurological disorders and autoimmune diseases globally. With an aging population and changing lifestyles, the frequency of these disorders is rising, necessitating the use of advanced diagnostic technologies for timely therapy and intervention.
Key Takeaways:
- The global neuro immunoassay market is expected to reach a value of US$5,303.1 million by 2033, reflecting a significant increase from US$2,616.1 million in 2023.
- This growth is projected at a healthy compound annual growth rate (CAGR) of 7.3% during the forecast period.
- The surge in demand is attributed to the crucial role of immunoassays in various applications like biopharmaceutical analysis, clinical diagnostics, and early disease detection.
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Key Segments of the Neuro Immunoassay Market
By Technology:
- Radioimmunoassays (RIA)
- Polymerase Chain Reaction (PCR)
- ELISA
- Western Blot
- Rapid Tests
- ELISPOT
By Product Type:
- Reagents and Kits
- Analysers
By Application:
- Alzheimer’s Disease
- Parkinson’s Disease
- Huntington’s Disease
- Amyotrophic Lateral Sclerosis (ALS)
- Spinal Muscular Atrophy (SMA)
By End User:
- Hospitals
- Clinics
- Academic Organizations
- Biopharmaceutical Companies
- Pharmaceutical Companies
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Europe
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