Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 8.3% through 2020 to 2026, reaching nearly US$ XX Mn in the forecast period.
The global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Overview:
ELISA stands for Enzyme-Linked Immunosorbent Assay. This test is used in laboratory tests to identify antibodies in the blood samples. Antibodies are proteins produced by the body's immune system when it detects harmful substances, called antigens.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Dynamics:
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market is estimated to grow at a CAGR of 8.3% in the forecast period of 2020-2026. The Enzyme-Linked Immunosorbent Assay (ELISA) testing market is anticipated to gain more attraction in the forecast period due to the occurrence of infectious diseases like hepatitis, dengue, hepatitis, AIDS, Cancer, and neurological disorders. Moreover, the growing population and demand for cost-effective diagnosis are further motivating the market growth of the Enzyme-Linked Immunosorbent Assay (ELISA) testing market in the forecast period 2020-2026.
Further, the arrival of the latest technologies and developments in cost-effective technologies with effective results are the major factors boosting the demand for the Enzyme-Linked Immunosorbent Assay (ELISA) testing market. Moreover, ELISA has few advantages like Simple procedure, High specificity, and sensitivity, due to an antigen-antibody reaction and this makes it more favorable in the market. Stringent rules and regulations imposed by the government and the healthcare ministry are likely to challenge the market growth as the innovation in the medical sector need approval from the healthcare ministries and this process is time-consuming.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Segment Analysis:
Sandwich ELISA is dominating the type segment of Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market:
A sandwich ELISA is used in measuring antigen between two layers of antibodies (capture and detection antibody). The target antigens have two antigenic sites accomplished for binding to the antibodies. Monoclonal or polyclonal antibodies are used for capturing and recognizing antibodies in sandwich ELISA systems. Sandwich ELISA is best for the detection of immunological response and this factor is supporting the growth of the market. Moreover, Sandwich ELISA is the most sensitive test among all with high flexibility and increased specificity, as various antibodies bind to the same antigen for recognition or detection. The Advantage of Sandwich ELISA is that the sample does not have to purify before analysis. And this factor drives the market growth of the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market
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Infectious diseases are trending in the application segment of the Global Enzyme-Linked Immunosorbent Assay (ELISA) testing market.
Infectious Diseases are dominating the application segment of the ELISA market due to rising incidents of chronic diseases and infectious diseases. Infectious blood-borne diseases like HIV, HBV, HCV, HTLV, Diphtheria, Giardiasis, and various others. As ELISA tests offer quick and accurate results, high sensitivity, automated and simple to perform, and do not need radioactive substances or costly radiation apparatus and this factor dominates the application segment of the global Enzyme-Linked Immunosorbent Assay (ELISA) testing market. In addition, rapid advances in the technology and the detection parameters, and cost-effective testing is further boosting the market growth of the application segment in the forecast period of 2020-2026.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market 1
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Regional Insights:
North America is dominating the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market in the regional segment due to rapid advances in healthcare infrastructure and facilities. In addition, the penetration of technology with high-end medical services and devices is further fueling the growth of North America in the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market in the regional segment. Further, the economy of the country and the purchasing power of the individual is anticipated to boost the demand for ELISA testing due to accuracy and high sensitivity testing as these tests are expensive.
The Asia Pacific is second dominating in the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market regional segment due to high expenditure in healthcare infrastructure by the government. Moreover, the adoption of medical devices to offer better healthcare services to individuals is further motivating the market flow. The dominating countries of Asia Pacific are China, Japan, Australia, India, and Indonesia.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market 2
The objective of the report is to present a comprehensive analysis of the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market dynamics, structure by analyzing the market segments and project the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market make the report investor’s guide.
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Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market 3
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market, by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Key Player
• Ortho-Clinical Diagnostics, Inc.
• Thermo Fisher Scientific. Inc.
• Life Technologies Corporation
• ZEUS Scientific, Inc.
• Abcam Plc
• Agilent Technologies Inc.
• Becton
• Dickinson and Co.
• bioMérieux SA
• Bio-Rad Laboratories Inc.
• F. Hoffmann-La Roche Ltd.
• Merck KGaA
• PerkinElmer Inc.
• QIAGEN NV
• RayBiotech, Inc.
• R&D Systems, Inc.,
• Arbor Assays
• ALPCO
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