QatarBusinessToday.com
No Result
View All Result
  • About Us
  • Contact Us
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
Submit a Press Release
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
No Result
View All Result
QatarBusinessToday.com
Submit PR
Home Press Releases

Microfluidic Immunoassay Market Worth $2.01 Billion by 2025- Exclusive Report by Meticulous Research®

Newsroom by Newsroom
August 3, 2022
Share on FacebookShare on Twitter


(EMAILWIRE.COM, August 03, 2022 ) According to a new market research report “Microfluidic Immunoassay Market by Product Type (Lab-on-chip, POC Analyzers, Reagents and Assay), Technology, Application (Cardiac, Troponin, BNP) – Global Forecast to 2025”, published by Meticulous Research®, the global microfluidic immunoassay market is expected to grow at a CAGR of 12.7% from 2019 to reach $2.01 billion by 2025. The high growth of this market is primarily attributed to rising focus on quality and decentralized healthcare, greater benefits offered by LOC over conventional quantifiable technologies, increasing need of POC in low-resource settings, venture capital funding for development of LOC-based POC diagnostics, and growing research activities in the field of microfluidic technology.

Emerging economies and novel technologies such as paper-based microfluidics are likely to provide high growth opportunities for the players operating in the microfluidic immunoassay market. High growth in emerging economies is attributed to rising aging population, presence of large pool of patient suffering from non-communicable and infectious diseases, increase in the influx of R&Dfunding, rising demand for quality healthcare, growing disposable income, and improving healthcare infrastructure. On the other hand, selection of suitable substrate material for designing microfluidic chip; reimbursement issues; difficulty in up-scaling the process for mass production; and designing low cost products for developing countries – are the major challenges for the market.

Request Sample Report: https://www.meticulousresearch.com/request-sample-report/cp_id=5034

The overall microfluidic immunoassay market is segmented by product (lab-on-chip/microfluidic diagnostics and other quantifiable POC diagnostics); technology (LOC POC technology and quantitative non-LOC POC technologies); application (cardiac biomarker detection, inflammatory biomarker detection, and others (diabetes, tumor, and hormones); and geography.

On the basis of technology, microfluidic immunoassay market is segmented into POC lab-on-chip (LOC) technologies and non-LOC POC technologies. Non-LOC POC technologies segment is estimated to command the largest share of the overall microfluidic immunoassay market in 2019. The large share of this segment is attributed to a greater adoption of these technologies – over the years – for wide range of diagnostic applications. Further, POC lab-on-chip (LOC) technologies market is categorized into electrochemical detection and optical detection. Electrochemical detection market commanded the largest share of the LOC POC technology market. This is due to the fact that Abbotts’s i-STAT microfluidic platform has dominance in the present market, and it is based on electrochemical detection technology.

Based on application, the cardiac biomarker detection segment is estimated to hold the largest share of the overall microfluidic immunoassay market in 2019. The large share of the cardiac biomarker detection segment is attributed to high prevalence of cardiovascular diseases, availability of large number of LOC-based products for cardiac biomarkers, and relatively greater adoption of these products among end-users.

Geographically, the global microfluidic immunoassay market is categorized into – North America (U.S. and Canada), Europe (Germany, France, Italy, U.K., Spain, and RoE), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and Middle East & Africa. North America accounted for the largest share of the globalmicrofluidic immunoassay market, due to its remarkably advanced healthcare industry with higher healthcare spending and adoption of innovative science & technology; increasing prevalence of chronic diseases with expanding proportion of elderly population; and presence of leading players in the market in this region.

The global microfluidic immunoassay market is consolidated with top 2 players namely Abbott Laboratories (U.S.) and Quidel Corporation (U.S.) holding major share of this market. These players are continuously focusing on organic as well as inorganic growth strategies to maintain their strong foothold in the market. The other key players in this market are Abaxis, Inc. (a subsidiary of Zoetis Inc.), Nanōmix, Inc., Abbott Laboratories, Koninklijke Philips N.V., Biosurfit SA, Micropoint Bioscience, Inc., Siloam Biosciences, NanoEnTek Inc., OPKO Health, Inc., and Quidel Corporation.

Browse key industry insights spread across 207 pages with 227 market data tables & 42 figures & charts from the report: https://www.meticulousresearch.com/product/microfluidic-immunoassay-market-5034/

Scope of the Report:

Microfluidic Immunoassay Market by Product Type
Lab-on-chip/microfluidic diagnostics
Microfluidic Analyzers
MicrofluidicCartridges
Other Quantifiable POC diagnostics
POC Analyzers
Reagents and Assays

Microfluidic Immunoassay Market by Technology
Point of Care Lab on Chip Technology
Electrochemical LOC POC Technology
Optical POC LOC Technology
Non Lab on Chip Point of Care Technology

Microfluidic Immunoassay Market by Application
Cardiac Biomarker Detection
Single Biomarker Assay
Troponin
Brain Natriuretic Peptide (BNP)
Other Cardiac Biomarkers
Multiplexed Panel Assay
Inflammatory Biomarker Detection
Other Biomarkers
Emerging Biomarkers

Microfluidic Immunoassay Market by Geography
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe (RoE)
Asia-Pacific (APAC)
Japan
China
India
Rest of Asia-Pacific (RoAPAC)
Latin America
Middle East & Africa

Get Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5034



Source link

Previous Post

Action for change: one bird at a time via collaboration between IFAW and LAMB

Next Post

Endpoint Security Market Worth $18.6 Billion by 2025, Growing at a CAGR of 5.9% from 2020- Global Market Opportunity Analysis and Industry Forecasts by Meticulous Research®

Related Posts

Payday Loans Market expected to Reach USD 51.98 Billion by 2029 at a CAGR of 4.42 percent
Press Releases

Payday Loans Market expected to Reach USD 51.98 Billion by 2029 at a CAGR of 4.42 percent

October 1, 2023
Diamond Wire Saw Market expected to reach USD 1.70 Billion by 2029 at a CAGR of 5.1 percent
Press Releases

Diamond Wire Saw Market expected to reach USD 1.70 Billion by 2029 at a CAGR of 5.1 percent

October 1, 2023
Pickleball Market expected to reach USD 2.64 Billion by 2029 at a CAGR of 10.2 percent
Press Releases

Pickleball Market expected to reach USD 2.64 Billion by 2029 at a CAGR of 10.2 percent

October 1, 2023
Voltage Transformer Market expected to reach USD 37.17 Billion by 2029 at a CAGR of 7.2 percent
Press Releases

Voltage Transformer Market expected to reach USD 37.17 Billion by 2029 at a CAGR of 7.2 percent

October 1, 2023
Press Releases

4 Reasons Why Credit Cards May Be a Better Choice Than Debit Cards

September 30, 2023
Press Releases

What Are Time Deposits? What Are Their Benefits?

September 30, 2023

Recommended Stories

Cargo Drones Market worth $9.4 billion by 2030 at a CAGR of 38.6%

March 24, 2023

Qatar Islamic Bank introduces secure mobile payment solutions for its customers – ITP.net

November 7, 2022

Genomics Market worth $54.4 billion by 2025

October 14, 2022

Popular Stories

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • Exchange goods, vehicles, or property for crypto on Bazaars

    0 shares
    Share 0 Tweet 0
  • Rastec Real Estate holds groundbreaking for mixed-use building project

    0 shares
    Share 0 Tweet 0
  • Qatari Ministry, Meta partnership seeks growth of digital innovation ecosystem

    0 shares
    Share 0 Tweet 0
  • Al Futtaim Group Real Estate partners with TIER Mobility for micro-mobility services at Dubai Festival City – MEConstructionNews.com

    0 shares
    Share 0 Tweet 0

Qatar Business Today™ publishes and aggregates business, socio-economic, Tech and industrial news on Qatar, Middle East and North Africa (MENA)..

Press release distribution services:

We provide press release distribution to media in Qatar, the Arab world and the GCC/MENA regions. Submit a press release today, contact us.

Recent News

.
  • Double Delivery: Qatar Airways Receives 2 Boeing 787-9 … – Simple Flying
  • ANOTHER NEW BEGINNING IN QATAR – Newsroom Pirelli
  • Qatar, Uzbekistan sign documents on strengthening multifaceted co … – Trend News Agency
  • Qatar Central Bank credits economic diversification for £2.17 billion … – Doha News

Categories

Business
Energy
Finance
Healthcare
Real Estate
Travel
Tech
Middle East
Press Releases

Subscribe to Our Newsletter

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Business
    • Energy
    • Finance
    • Healthcare
    • Real Estate
    • Tech
    • Travel
    • Middle East
    • Press Releases
    • About Us
      • Contact Us
      • Submit a Press Release

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC