Global Antinuclear Antibody Test Market is poised to reach USD 1.48 billion by 2

Posted by rohan on October 6th, 2017

The Global Antinuclear Antibody Test Market was worth USD 823.50 million in 2016 and expected to reach USD 1.48 billion by 2021 at a CAGR of 12.40%. The market is showcasing evident potential in the mentioned forecasting period. The antinuclear antibody test is a primary test to check a person’s autoimmune disorders. Autoimmune disorders can affect many tissues and organs in the body. This test is most often used to diagnose the Systemic Lupus Erythematous (SLE) and Rheumatoid Arthritis.

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Factors such as increase in prevalence of autoimmune diseases, such as rheumatoid arthritis and SLE, and growth in the awareness of people about these diseases, are driving this market. Autoimmune diseases can also cause type I diabetes. According to WHO, from 1980 to 2014 number of people suffering from diabetes has increased from 108 million to 422 million and is expected to grow at the same rate in near future. Other factors such as, increase in healthcare expenditure of people due to growing economies, and government healthcare insurance & reimbursement policies are fuelling this market. On the other hand, factors such as diagnostic errors, product approval, and unavailability of skilled labour are hindering the growth of this market.

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Global Antinuclear Antibody Test Market Segmentation:                                   

  • Disease                        
  • Technique                   
  • Product                        
  • End-User                     

Geographically, market is segmented into

  • North America,
  • Latin America,
  • Europe,
  • Middle East and Africa,
  • Asia-Pacific.

Of all these regions, North America has the biggest market share mainly because of growing population and healthcare spending, and growth of people under medical insurances in the U.S. Asia-Pacific is growing at the fastest rate in this market in terms of CAGR.

Some of the major companies dominating the market, by their products and services include Zeus Scientific Inc., Inova Diagnostics, Immuno Concepts, Euroimmun AG, Antibodies Inc., Thermo Fisher Scientific inc., Trinity Biotech plc, ERBA Diagnostics Inc., Bio-Rad Laboratories Inc., and Alere Inc.

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