The global chemiluminescence immunoassay market size is expected to reach a value of USD 10.8 billion by 2027, expanding at a CAGR of 7.3%, according to a new report by Grand View Research, Inc. High prevalence of chronic diseases, several advantages of chemiluminescence immunoassay (CLIA) technique and approval and launch of novel CLIA solutions are anticipated to be the major factors driving the market.
Key
players in the market are implementing organic and inorganic growth strategies
for the development, launch, and distribution of novel CLIA solutions. For
instance, in February 2020, Snibe Diagnostic, a China-based immunoassay
manufacturer received CE marking for its new MAGLUMI 2019-nCoV (SARS-CoV-2)
IgM/IgG CLIA kits. Also, in January 2018, DiaSorin partnered with Germany-based
Qiagen and added Qiagen’s QuantiFERON-TB diagnostic test portfolio to its
LIAISON family of fully automated chemiluminescence immunoassay analyzers. Such
initiatives by major players are anticipated to significantly support market
growth.
Furthermore,
the high prevalence of chronic diseases in key regions and increasing awareness
about it in emerging economies is anticipated to upsurge the demand for its
novel diagnostic solutions including chemiluminescence immunoassay. According
to the data published by the American Cancer Society, in 2020 an estimated 1.8
million new cases of cancer are expected to be diagnosed in the U.S. and around
606,520 people will die due to the disease. In addition, as per the data
published by the WHO in November 2019, HIV is a major global public health
issue and around 37.9 million people around the globe are living with this
disease.
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Chemiluminescence
Immunoassay Market Report Highlights
- The
consumables segment dominated the product segment in 2019, owing to its
high demand in therapeutic drug monitoring, endocrinology, and
disease diagnosis
- The
infectious disease segment is expected to command the largest market share
in the application segment, owing to its high prevalence and launch of
novel CLIA assays for infectious disease diagnosis
- In 2019, the
hospitals' segment accounted for the largest market share owing to
increasing hospitalizations with the rising prevalence of chronic diseases
- The U.S. is
anticipated to be the most lucrative country in North America, owing to
the developed healthcare infrastructure, high adoption of technologically
advanced CLIA systems, and strong geographical presence of prominent
players
- The emergence
of local players in developing markets such as India and China is
primarily driving the market in the Asia Pacific
- The high
setup cost of automated chemiluminescence immunoassay systems is expected
to be a major factor hindering the market.
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Chemiluminescence
Immunoassay Market Segmentation
Grand View Research has
segmented the global chemiluminescence immunoassay market on the basis of
product, application, end-use, and region:
CLIA Product
Outlook (Revenue, USD Million, 2016 - 2027)
- Instruments
- Automated
- Semi-automated
- Consumables
- Software & Services
CLIA Application Outlook
(Revenue, USD Million, 2016 - 2027)
- Therapeutic Drug Monitoring
- Oncology
- Cardiology
- Endocrinology
- Infectious Disease
- Autoimmune Disease
- Others
CLIA End-use
Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Clinical Laboratories
- Pharmaceutical & Biotechnology Companies
- Others
CLIA Regional
Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The U.K.
- Spain
- France
- Italy
- Russia
- Asia Pacific
- Japan
- China
- India
- South Korea
- Singapore
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- South Africa
- Saudi Arabia
- UAE
List of Key
Players of Chemiluminescence Immunoassay (CLIA) Market
- DiaSorin S.p.A.
- Abbott Laboratories
- Shenzhen Mindray Bio-Medical Electronics Co.,
Ltd.
- Immunodiagnostic Systems
- Siemens Healthineers
- Beckman Coulter Inc.
- F. Hoffmann-La Roche AG
- Inova Diagnostics, Inc.
- Maccura Biotechnology Co., Ltd.
- Ortho Clinical Diagnostics
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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