Global Immunoassay Instruments Market to be Driven by Growing Preference for Personalized Medicine

Transparency Market Research Report Added “AImmunoassay Instruments Market (Product Chemiluminescence (CLI), Immunofluorescence (IFA) & Radioimmunoassay (RIA) Analyzers, Enzyme Linked Fluorescence (ELFA) & Multiplexed Assay Systems, Enzyme Immunoassay Instruments Application Oncology, Endocrinology, Infectious Diseases, Therapeutic Drug Monitoring, Cardiology, Autoimmune Disorders & Drugs of Abuse) ” to its database.

Immunoassay Instruments Market: Discription

Immunoassay is a laboratory-based diagnostic procedure performed using an immunological reaction of antibodies. Immunoassay instruments measure the formation of antibody-antigen complexes in blood samples or other body fluids and are commonly employed to detect analytes in qualitative (positive/negative) or quantitative manner. An example of qualitative analysis of immunoassay test include immunoassay test for pregnancy by detecting human chorionic gonadotropin (hCG) in urine samples. Immunoassay tests now-a-days are exploring new avenues of applications in diagnosing infectious diseases, toxicology testing, detection of cancer biomarkers and other drug monitoring tests. Immunoassay techniques are especially suited for analyzing compounds that are present in extremely low concentration (nanogram to picogram) and without any prior treatments to enhance its detection.

Several common technologies that are employed by immunoassays include enzyme-linked immunosorbent assay (ELISA), immunofluorescence, radioimmunoassay, chemiluminescent immunoassay, enzyme linked fluorescence and other similar techniques. Global immunoassay instruments market is analyzed on the basis of products and application. The product market is sub-segmented into six major categories namely Chemiluminescence (CLI) Analyzers, Immuno Fluorescence (IFA) Analyzers, Enzyme Immunoassay Instruments, Radioimmunoassay (RIA) Analyzers, Enzyme Linked Fluorescence (ELFA) Analyzers and Multiplexed Assay Systems.

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Immunoassay Instruments Market: Overview

Immunoassay instruments market is witnessing a rapid technological growth that has resulted in significant market opportunity for efficient bioanalytical platforms. Currently, market players are engaged in developing immunoassay platforms with enhanced capabilities such as broad menu of tests, higher sensitivity and specificity. Other major advances introduced to researchers include shorter turnaround times (TAT), higher productivity and easy operation thereby ensuring efficient detection and determination with accurate results. The market is witnessing significant advances in the design of immunoassay platforms shifting from conventional non-competitive assays to competitive assays that are permitting the efficient detection of small molecules such as drug pollutants and metabolites. For instance, introduction of ADVIA Centaur CP Immunoassay System by Siemens Healthcare, a mid-sized immunoassay system that provides a broad menu of tests and enhanced workflow which enables overall cost reduction and eliminate the need for multiple systems.

Although, the use of immunoassay platforms has been confined to hospitals and reference laboratories, currently, there is an increasing preference for commercial diagnostic laboratories owing to their special care and short turnaround times as compared to hospitals. Tier-1 diagnostic laboratories are currently focusing on expanding their operations in less developed areas by acquiring Tier – 2 and Tier – 3 laboratories with minimal infrastructure. This creates a strong demand for compact and portable assay platforms with high reliability and sensitivity. In addition, these platforms can run on batteries in case of power failure and can be moved in ambulances in case of emergency requirements. All these features along with high affordability are expected to provide impressive growth opportunities for immunoassay instruments market.

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