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25-Jul-2023

Enzyme-Linked Immunosorbent Assay (ELISA) Tests Market to Reach $4.02 Billion by the End of 2030

Global Enzyme-Linked Immunosorbent Assay (ELISA) Tests Market report not only aids to save valuable time but also adds credibility to the work that has been done to grow the business. By applying market intelligence for this market report, industry expert measure strategic options, summarize successful action plans and support companies with critical bottom-line decisions. To accomplish maximum return on investment (ROI), it’s very essential to be acquainted with market parameters such as brand awareness, market landscape, possible future issues, industry trends and customer behaviour where this report comes into play. Another major part of wide ranging Global Enzyme-Linked Immunosorbent Assay (ELISA) Tests Market report is the competitive landscape which gives a clear insight into the market share analysis and actions of key industry players.

Enzyme-linked immunosorbent assay (ELISA) is a test that detects antibodies in liquid biological samples. It plays a crucial role as a quality control measure in various industries and is a diagnostic tool in plant pathology and medicine. ELISA testing is extensively employed across different sectors to ensure quality assurance in product manufacturing and screen for diseases in plants and humans, facilitating early detection and appropriate interventions.

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Cancer occurrence is increasing rapidly, which is anticipated to enhance the demand for effective diagnostic methods such as immunoassay. As per World Health Organization (WHO), around 37.7 million people had HIV in 2020. HIV and AIDS can be well treated with the help of enzyme-linked immunosorbent assay (ELISA) testing. Additionally, widespread research is being carried out for the huge development of technologies and software for enzyme-linked immunosorbent assay (ELISA) testing.

Data Bridge Market Research analyses that the enzyme-linked immunosorbent assay (ELISA) tests market, which was USD 2.35 billion in 2022, would rocket up to USD 4.02 billion by 2030 and is expected to undergo a CAGR of 6.9% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

“Increasing initiatives to raise awareness”

Due to their diverse applications, the global demand for enzyme-linked immunoassay-based diagnostics is experiencing significant growth. Public awareness campaigns targeting infectious diseases like HIV have contributed to increased patient awareness and the subsequent rise in immunoassay demand. Collaborative efforts between organizations such as the International Society for Infectious Diseases have been crucial in promoting scientific knowledge exchange, public health practices, and evidence-based medicine. These factors collectively drive the growth of the enzyme-linked immunoassay market.

What restraints the growth of the enzyme-linked immunosorbent assay (ELISA) tests market?

“High cost of ELISA tests”

The high cost of ELISA tests poses a challenge to market growth. The sophisticated techniques and expensive cultural media in conducting these tests contribute to their overall cost. The need for specialized equipment and skilled personnel further adds to the expenses. As a result, the affordability and accessibility of ELISA tests have become limited, hindering their widespread adoption and potentially impacting the market growth of this diagnostic method.

Market Definition

Enzyme-linked immunosorbent assay (ELISA) is a test type performed to identify the presence of antibodies in a liquid biological sample.  ELISA is used as a quality control check in numerous industries and as a diagnostic tool in plant pathology and medicine. In numerous sectors, enzyme-linked immunosorbent assay (ELISA) testing is widely used as a quality assurance check and screening tool in medicine and plant pathology.

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Some of the major players operating in the enzyme-linked immunosorbent assay (ELISA) tests market are:

  • Ortho Clinical Diagnostics (U.S.)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Thermo Fisher Scientific (U.S.)
  • Abbott (U.S.)
  • ZEUS Scientific, Inc (U.S.)
  • B.D. (U.S.)
  • BioMérieux (France)
  • Enzo Life Sciences, Inc.(U.S.)
  • PerkinElmer, Inc. (U.S.)
  • Merck KGaA (Germany)
  • Bio-Rad Laboratories, Inc. (U.S.)
  • BioLegend, Inc (U.S.)
  • LOEWE Biochemica GmbH (Germany)
  • ELISA Technologies, Inc (U.S.).
  • R&D Systems, Inc.(U.S.)
  • Arbor Assays (U.S.)
  • Eurofins Scientific (Luxembourg)
  • Danaher (U.S.)
  • Sysmex Corporation (Japan)
  • Agilent Technologies, Inc. (U.S.)
  • Bruker (U.S.)
  • Siemens (U.S.)
  • General Electric (U.S.)

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Top Key Topics Covered:

  1. Strategic Imperatives
  • Factors Creating Pressure on Growth
  • The Strategic Imperative
  • Growth Opportunities Fuel the Growth Pipeline Engine
  • Research Methodology
  1. Scope and Segmentation
  • Research Context and Scope of Analysis
  • Segmentation
  • Other Techniques for This Research Report Management
  1. Growth Opportunity Analysis
  • Growth Drivers
  • Growth Restraints
  1. Introduction
  • The Impact of the COVID-19 Pandemic and Post
  • Future Growth
  1. Innovation Ecosystem

Continued…

Enzyme-Linked Immunosorbent Assay (ELISA) Tests Market Scope

The enzyme-linked immunosorbent assay (ELISA) tests market is segmented on the basis of  method, application, technology and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Direct
  • Indirect
  • Sandwich
  • Competitive

Application

  • Vaccine Development
  • Immunology
  • Diagnostics
  • Toxicology
  • Drug Monitoring and Pharmaceutical Industry and Transplantation
  • Infectious Diseases
  • Cancer
  • Protein Quantitation
  • Others

Technology

  • Chemiluminescent
  • Colorimetric
  • Fluorescent

End User

  • Hospitals and Diagnostic Centers
  • Research Laboratories

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Some of the Most Important Questions Scrutinized in the Business Intelligence Report:

  • What are the key growth parameters for this global market during the forecast period?
  • Which key players are expected to hold the largest market share over the forecast period?
  • Who are the leading vendors and manufacturers in this market?
  • What are the key strategies adopted by leading players in the market for business development and geographical expansion?
  • Which end-use industries can trigger high demand in the market over the forecast period?
  • What are the key segments in this market?
  • Which regional player will have anticipated leading the global market in terms of size?
  • What is the impact of the novel coronavirus pandemic?
  • Which obstacles must new players overcome in order to occupy a major position?

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Last Updated: 25-Jul-2023