North America to dominate the Global ELISA Test Market till 2026
Increasing need for accurate
and quick diagnosis is expected to drive the demand for global ELISA test
market in the forecast period.
According to TechSci Research report, “Global ELISA
Test Market By Method (Direct ELISA, Indirect ELISA, Sandwich ELISA, and
Competitive ELISA) By Application (Vaccine Development, Immunology,
Diagnostics, Toxicology, Drug Monitoring and Pharmaceutical Industry,
Transplantation, Others (Infectious Diseases, Cancer, Protein Quantitation) By
Technology (Chemiluminescent, Colorimetric, Fluorescent) By End User
(Hospitals, Diagnostic Centers, Research Laboratories, Others) By Company, By
Region, Forecast & Opportunities, 2026”, The global ELISA test market
is expected to witness steady growth for the upcoming five years. Enzyme-Linked
Immunosorbent Assay (ELISA) test performed to identify the presence of
antibodies in a biological liquid sample. ELISA test is utilized as diagnostic
tool in a plant pathology and in medicine and used as a quality check for many
industries. Increase in growth of the drug discovery market and continuous
research and development is attributing to high growth of the global ELISA test
market. Increasing prevalence of chronic diseases due to surge in old age
population is fostering the growth of the market.
The COVID-19 outbreak across the world which has been
declared as pandemic by World Health Organization has affected several economies
adversely. Leading authorities World-wide imposed lockdown restrictions and
released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing and required immediate medical
attention form the healthcare facilities. Leading authorities increased the
capacity of hospitals as a greater number of patients were getting affected
daily and getting admitted into the hospital facilities for treatment. ELISA
test is used for presence of antibodies against the SARS-CoV-2 which is the
scientific name for the coronavirus after the exposure to virus. Manufacturers
started producing larger production volume for making the test kits available
in healthcare facilities. After the lockdown restrictions were taken off and
due to the ongoing pandemic, and increased patient inflow suffering from
COVI-19 in the healthcare facilities, ELISA test market is expected to witness
growth during this period.
However, absence of cost-efficient diagnostics test and
availability of alternate immunoassays test may create hindrance in the growth
of the global ELISA test market.
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Global
ELISA test market is segmented into method, application, technology, end user, regional
distribution, and company. Based on end user, ELISA test market is further
divided into hospitals, diagnostic centres, research laboratories and others.
The hospitals segment is expected to account for major market share for the
forecast period, 2022-2026. Increase in number of hospitals constructed around
the world to accommodate the high patient inflow in healthcare facilities is
considered a major driver for the growth of the global ELISA test market.
Support and launch of initiatives from leading authorities of several economies
to increase the awareness regarding the health and investments to develop
healthcare facilities equipped with latest technology and equipment is
facilitating the growth of the hospitals segment. Based on method, market is
majorly categorized into direct ELISA, indirect ELISA, sandwich ELISA, and competitive
ELISA. The indirect ELISA test segment is expected to hold significant share of
the ELISA test market for the next five years as it is economical since a
smaller number of antibodies are needed in this test. It is more sensitive as
one labelled secondary antibody can bind the primary antibody. Indirect ELISA
test allows flexibility as different primary antibodies can be used with single
labelled secondary antibody.
F.
Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Becton, Dickinson and
Company, Bio-Rad Laboratories, Inc., bioMérieux SA, Enzo Life Sciences, Inc.,
BioLegend, Inc., ELISA Technologies, Inc., RayBiotech, Inc., Eurofins
Scientific Ltd., Abbott Laboratories Ltd., Danaher Corporation Ltd., Sysmex
Corporation Inc., PerkinElmer Inc., Agilent Technologies Inc. are the leading
players operating in global ELISA test market. Manufacturers are increasingly
focusing on research and development process to fuel higher growth in the
market. To meet evolving customer demand with respect to better efficiency and
durability, several ELISA test manufacturers are coming up with their
technologically advanced offerings.
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“High-end
investments by the major players for technological advancement of the ELISA
test infrastructure to produce results with higher efficiency and sensitivity,
and with detection limits. Increase in number of automated instruments and
equipment is for the automation of laboratory which reduce the time required
for ELISA test results and introduction of cost-efficient technologies is
expected to boost the growth of the global ELISA test market. Increase in
number of research institutes along with growing demand to detect tumor makers,
hormones and autoimmune diseases is expected to propel the growth of the global
ELISA test market until 2026” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global
ELISA Test Market By Method (Direct ELISA, Indirect ELISA, Sandwich ELISA, and
Competitive ELISA) By Application (Vaccine Development, Immunology,
Diagnostics, Toxicology, Drug Monitoring and Pharmaceutical Industry,
Transplantation, Others (Infectious Diseases, Cancer, Protein Quantitation) By
Technology (Chemiluminescent, Colorimetric, Fluorescent) By End User
(Hospitals, Diagnostic Centers, Research Laboratories, Others) By Company, By
Region, Forecast & Opportunities, 2026” has evaluated
the future growth potential of global ELISA test market and provided statistics
& information on market size, shares, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the of global ELISA test market.
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