Global ELISA Tests Market is Rising Market to Rapidly Growing 29.27 million b

Posted by Onkar Nimbalkar on October 12th, 2019

Analysis of Global ELISA Tests Market report:
Global ELISA tests market is expected to rise from to an estimated value of USD 2529.97 million by 2026 registering a substantial CAGR in the forecast period of 2019-2026. This rise in the market can be attributed to rising prevalence of cancer, rising ageing population and technological advancements.
ELISA Tests (Enzyme Linked Immunosrbent Assay) is a test that identifies detects and measures antibodies, proteins, peptides, hormones in the biological samples. It serves as a diagnostic tool detecting whether sample has antibodies that are related to a particular infectious condition. ELISA is a biochemical reaction in which antigen is adsorbed on a solid surface. ELISA test is used extensively in the diagnosis of HIV, varicella-zoster virus, which causes chickenpox and shingles, rotavirus, Zika virus, syphilis, pregnancy tests, in the measurement of cytokine, soluble proteins etc. ELISA is mostly used as screening device prior to in-depth tests.
Leading Key players profiled in this report are:
Few of the major market competitors currently working in the ELISA tests market are Ortho Clinical Diagnostics, Thermo Fisher Scientific, ZEUS Scientific, Inc., ALPCO, BD, Bio-Rad Laboratories, Inc., bioMérieux SA, Enzo Life Sciences, Inc., Merck KGaA,  BioLegend, Inc., LOEWE Biochemica GmbH, Creative Diagnostics., Arigo biolaboratories Corp., ELISA Technologies, Inc., RayBiotech, Inc., R&D Systems, Inc., AESKU.GROUP GmbH & Co. KG, Cell Technology., Arbor Assays, Eurofins Scientific and Biogenuix amongst others.
Market Drivers
·        The rising prevalence of cancer due to unhealthy lifestyle, lack of exercise and increased consumption of drugs and alcohol, would foster the growth of enzyme-linked immunosorbent assay (ELISA) testing market
·        Rising expenditure in R&D activities in the drug discovery market would boost the growth of this market
·        Rising ageing population enhances the growth of this market as they are more prone to communicable and non-communicable diseases such as cardiovascular disease, lung disease, and cancer, which drives the demand for the prevention, diagnosis, and treatment of such diseases
·       Advancements in technology and automations in the healthcare industry would drive the growth of this market
Market Restraints
·        Lack of availability and cost-effective diagnostic tests hinders the growth of this market.
·        Substitution by new technologically advanced techniques including multiplex proteomic array platforms would restrain its growth
Global ELISA Tests Market Segmentation:
By Test Type
·        Direct ELISA
·        Sandwich ELISA
·        Indirect ELISA
·        Multiple & Portable ELISA
·        Competitive ELISA
By Application
·        Immunology
·        Inflammation
·        Diagnostics
·        Vaccine Development
·        Toxicology
·        Drug Monitoring & Pharmaceutical Industry
·        Transplantation
·        Infectious Diseases
·        Cancer
·        Protein Quantitation
·        Other
By Technology
·        Chemiluminescent
·        Colorimetric
·        Fluorescent
By End-User
·        Hospitals & Diagnostic Centers
·        Research Laboratories
By Geography
·        North America
·        South America
·        Europe
·        Asia-Pacific
Company Share Analysis:
Global ELISA tests market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ELISA tests market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
The Global ELISA Tests Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global ELISA Tests Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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Onkar Nimbalkar

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Onkar Nimbalkar
Joined: September 17th, 2019
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