Home Healthcare Medical Devices Asia Pacific Immunochemistry Equipment Market to 2027

Asia Pacific Immunochemistry Equipment Market to 2027

Publisher: The Insight Partners
Publication Date: March, 2020
Healthcare / Medical Devices
Pages: 213
Delivery Format: PDF

Regional Analysis and Forecasts by Application (Diagnostics, Drug Testing); Product (Antibodies, Equipment, Reagents, Kits); End User (Hospitals and Diagnostic Laboratories, Research Institutes, Others), and Country

Report Features
Table of Contents
Pricing
Methodology
Request Sample
Compare Offers
Make an Offer

The immunochemistry equipment market in Asia Pacific is projected to reach US$ 795.05 million by 2027 from US$ 409.44 million in 2018. The market is anticipated to grow at a CAGR of 7.8% during 2019–2027.

The growth of the immunochemistry equipment market is primarily attributed to rising incidences of chronic and infectious diseases and increase in geriatric population. However, the limitations associated with immunohistochemistry equipment is likely to have a negative impact on its market growth. On the other hand, technological advancements in the region are likely to have a positive impact on the growth of the immunochemistry equipment market in Asia Pacific in the coming years.

Immunohistochemistry (IHC) refers to an important application of monoclonal and polyclonal antibody for tissue determination and distribution of antigens of a particular disease. The techniques are majorly used to detect several infectious diseases, such as dengue, hepatitis, human immunodeficiency virus (HIV). Chronic medical conditions such as obesity, cancer, diabetes, heart disease, and stroke are also considered to be the primary applications of immunohistochemistry equipment. Furthermore, surveillance and operational research on foodborne-diarrheal infections, healthcare-associated infections, respiratory diseases, and viral hepatitis have increased awareness about antibiotic resistant organisms.
According to the National Council on Aging, approximately 80% of adults suffer from at least one chronic disease. Immunohistochemistry techniques help in the quantification and diagnosis of chronic diseases accurately and reliably. The rising R&D expenditure in Asia Pacific is likely to propel the growth of the immunohistochemistry equipment market during the forecast period.

In 2018, the diagnostics segment accounted for the largest market share in the immunohistochemistry equipment market, by application. The growing benefits of immunohistochemistry techniques have prolonged its usage in diagnosing several chronic diseases. The application of the molecular diagnostics has allowed to treat the patients as per their genetic make-up, and also diagnosis through immunohistochemistry helps increase the use in precision medicine. Even the cost-effective nature of the immunochemistry techniques is driving significant growth across the region.
In 2018, the antibodies segment held the largest share of the immunochemistry equipment market, by product; it is also anticipated to dominate the market by 2027. Moreover, the reagent segment is anticipated to register the highest CAGR during the forecast period in the market as it forms an essential component of any reaction. It can be chosen as per the result to be obtained.
In 2018, the hospital & diagnostic laboratories segment held the most significant share of the immunochemistry equipment market, by end user. This segment is also anticipated to dominate the market by 2027. Besides, the segment is expected to grow at the fastest rate during the coming years due to the rise in the prevalence of infectious diseases and autoimmune disorders.

A few major secondary sources for immunochemistry equipment included in the report are Federation of AIDS Organizations (AFAO), American Heart Association (AHA), HIV and AIDS organization (AVERT), Centers for Disease Control and Prevention (CDC), Centers for Diabetes and Endocrinology (CDE), and Food and Drug Administration (FDA).

Reasons to buy this report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific immunochemistry market.

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific immunochemistry market, thereby allowing players across the value chain to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Select Plan

1 User License $3,000

Site License License $4,000

Are you looking for a Consultant?

Email Us

Get a Quote

Offer Amount (Per user license)	Retail price (Per user license)
$ .00	$3,000

Asia Pacific Immunochemistry Equipment Market to 2027

Are you looking for a Consultant?

Customers Who Viewed This Item Also Viewed