Global Immunoassay Market Size & Trends Report by Product (Reagents & Kits, Analyzer), Technology (ELISA, CLIA, Rapid Tests), Application (Infectious Diseases, Oncology), End User (Hospitals & Clinics, Clinical Laboratories) & Regional Forecasts to 2029
The immunoassay market is expected to grow at 6-7% CAGR in the next 5 years. The aging patient population and high prevalence of chronic and infectious diseases, growing demand for early and accurate diagnostics, advancement in the immunoassay technologies, growing adoption of immunoassay-based Point-of-Care Testing (POCT) and rapid testing, significant investment in R&D for developing advanced immunoassays, and growing demand for high-sensitivity and ultra-sensitive assays to identify diseases at the earliest stages are some of the key factors driving the immunoassay market. To learn more about the research report, download a sample report.
Report Overview
An immunoassay is a bioanalytical test that uses the principles of immunology to detect the presence or concentration of a specific substance in a sample. This assay relies on antibodies, which are proteins generated by the immune system in response to a particular substance or antigen. Each antibody is highly specific and will only bind to its corresponding antigen. Immunoassays are widely used in clinical diagnostics, drug development, therapeutic drug monitoring, and food safety testing.
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Expanding applications of immunoassays drive market growth
Immunoassays have diverse applications due to their ability to precisely detect and quantify specific substances across multiple fields. They are essential in disease diagnosis, allowing healthcare providers to identify disease-specific antigens or antibodies in blood or other bodily fluids, which aids in diagnosing and monitoring infections, autoimmune disorders, and cancers. In drug development, immunoassays support the identification and validation of targets for new drugs and assess how potential drugs interact with specific biomarkers. They are also widely used in environmental testing, detecting pollutants, toxins, and other contaminants in water, air, and soil to monitor environmental safety and protect public health. In the food industry, immunoassays detect foodborne pathogens, such as salmonella and E. coli, and identify allergens like gluten, nuts, and dairy proteins, ensuring food safety compliance. Thus, the growing demand for immunoassays in diagnostics, research, and quality control across various sectors is expected to drive market growth in the coming years.
Advancements in immunoassay technologies propel market growth
Continuous advancements in immunoassay technology are transforming medical diagnostics, enabling more precise, rapid, and comprehensive testing that supports improved patient outcomes and personalized medicine. New detection techniques, such as enhanced chemiluminescence, advanced fluorescence, and amplified enzyme-linked immunosorbent assays (ELISAs), have significantly pushed detection limits, improving assay sensitivity and accuracy. Multiplex immunoassays have also become invaluable for measuring multiple analytes within a single sample, offering a more holistic view of complex disease states. Additionally, integrating artificial intelligence and machine learning enables immunoassays to analyze complex datasets with greater efficiency, providing deeper insights and more accurate results. Looking ahead, advancements such as wearable biosensors and point-of-care diagnostic tools promise real-time health monitoring, which is further expected to propel market growth.
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Competitive Landscape Analysis
The global immunoassay market is marked by the presence of innovative and emerging market players such as Abbott Laboratories, Siemens Healthineers, Bio-Rad Laboratories, Danaher Corporation, bioMerieux, Quidel Corporation, BD Biosciences, Sysmex Corporation, GenScript, Quanterix, Thermo Fisher Scientific Inc., and Roche Diagnostics, among others. Some of the key strategies adopted by market players include product innovations, investing in R&D, strategic partnerships, and collaborations.
Report Scope
| Report Metric | Details |
| Base Year Considered | 2023 |
| Historical Data | 2022 – 2023 |
| Forecast Period | 2024 – 2029 |
| Growth Rate | CAGR of 6-7% |
| Market Drivers |
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| Key Market Trends |
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| Segment Scope | Product, Technology, Application, End User |
| Regional Scope |
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| Key Companies Mapped | Abbott Laboratories, Siemens Healthineers, Bio-Rad Laboratories, Danaher Corporation, bioMerieux, Quidel Corporation, BD Biosciences, SysmexCorporation, GenScript, Quanterix, Thermo Fisher Scientific Inc., and Roche Diagnostics, among others |
| Report Highlights | Market Size & Forecast, Growth Drivers & Restraints, Trends, Competitive Analysis |
Market Segmentation
This report by Medi-Tech Insights provides the size of the global immunoassay market at the regional- and country level from 2022 to 2029. The report further segments the market based on product, technology, application, and end user.
- Market Size & Forecast (2022-2029), By Product, USD Million
- Reagents & Kits
- ELISA Reagents & Kits
- CLIA Reagents & Kits
- IFA Reagents & Kits
- Rapid Test Reagents & Kits
- ELISpot Reagents & Kits
- Western Blot Reagents & Kits
- Other Reagents & Kits
- Analyzers
- Open-ended Systems
- Closed-ended Systems
- Reagents & Kits
- Market Size & Forecast (2022-2029), By Technology, USD Million
- Enzyme-linked Immunosorbent assay (ELISA)
- Chemiluminescence Immunoassay (CLIA)
- Fluorescence Immunoassay (FIA)
- Rapid Tests
- ELISpot
- Western Blotting
- Other Technologies
- Market Size & Forecast (2022-2029), By Application, USD Million
- Infectious Diseases
- Endocrinology
- Oncology
- Cardiology
- Autoimmune Disorders
- Allergy Diagnostics
- Toxicology
- Newborn Screening
- Other Applications
- Market Size & Forecast (2022-2029), By End User, USD Million
- Hospitals & Clinics
- Clinical Laboratories
- Pharmaceuticals & Biotechnology Companies & CROs
- Blood Banks
- Research & Academic Laboratories
- Home Care Settings
- Market Size & Forecast (2022-2029), By Region, USD Million
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
- North America
Key Strategic Questions Addressed
- What is the market size & forecast of the immunoassay market?
- What are the historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the immunoassay market?
- What are the key trends defining the market?
- What are the major factors impacting the market?
- What are the opportunities prevailing in the market?
- Which region has the highest share in the global market?
- Which region is expected to witness the highest growth rate in the next 5 years?
- Who are the major players operating in the market?
- What are the key strategies adopted by players?
- Introduction
- Introduction
- Market Scope
- Market Definition
- Segments Covered
- Regional Segmentation
- Research Timeframe
- Currency Considered
- Study Limitations
- Stakeholders
- List of Abbreviations
- Key Conferences and Events (2024-2025)
- Research Methodology
- Secondary Research
- Primary Research
- Market Estimation
- Bottom-Up Approach
- Top-Down Approach
- Market Forecasting
- Executive Summary
- Immunoassay Market Snapshot (2024-2029)
- Segment Overview
- Regional Snapshot
- Competitive Insights
- Market Overview
- Market Dynamics
- Drivers
- Aging patient population & high prevalence of chronic and infectious diseases
- Growing demand for early and accurate diagnostics
- Advancements in immunoassay technologies
- Significant investment in R&D for developing advanced immunoassays
- Growing adoption of immunoassay-based Point-of-Care Testing (POCT) and rapid testing
- Restraints
- High costs of immunoassay equipment and reagents
- Stringent approvals and regulations requirement for immunoassay equipment
- Technical complexity of procedures
- Opportunities
- Key Market Trends
- Integration of AI and machine learning to enhance assay interpretation
- Development of high-sensitivity immunoassays for early disease detection in oncology, neurology, and cardiology
- Unmet Market Needs
- Industry Speaks
- Drivers
- Market Dynamics
- Global Immunoassay Market Size & Forecast (2022-2029), By Product, USD Million
- Reagents & Kits
- ELISA Reagents & Kits
- CLIA Reagents & Kits
- IFA Reagents & Kits
- Rapid Test Reagents & Kits
- ELISpot Reagents & Kits
- Western Blot Reagents & Kits
- Other Reagents & Kits
- Analyzers
- Open-ended Systems
- Closed-ended Systems
- Reagents & Kits
- Global Immunoassay Market Size & Forecast (2022-2029), By Technology, USD Million
- Enzyme-linked immunosorbent assay (ELISA)
- Chemiluminescence immunoassay (CLIA)
- Fluorescence immunoassay (FIA)
- Rapid Tests
- ELISpot
- Western Blotting
- Other Technologies
- Global Immunoassay Market Size & Forecast (2022-2029), By Application, USD Million
- Infectious Diseases
- Endocrinology
- Oncology
- Cardiology
- Autoimmune Disorders
- Allergy Diagnostics
- Toxicology
- Newborn Screening
- Other Applications
- Global Immunoassay Market Size & Forecast (2022-2029), By End User, USD Million
- Hospitals & Clinics
- Clinical Laboratories
- Pharmaceuticals & Biotechnology Companies & CROs
- Blood Banks
- Research & Academic Laboratories
- Home Care Settings
- Global Immunoassay Market Size & Forecast (2022-2029), By Region, USD Million
- Introduction
- North America Immunoassay Market Size & Forecast (2022-2029), By Country, USD Million
- US
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Canada
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- US
- Europe Immunoassay Market Size & Forecast (2022-2029), By Country, USD Million
- UK
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Germany
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- France
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Italy
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Spain
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Rest of Europe
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- UK
- Asia Pacific (APAC) Immunoassay Market Size & Forecast (2022-2029), By Country, USD Million
- China
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Japan
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- India
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Rest of Asia Pacific
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- China
- Latin America (LATAM) Immunoassay Market Size & Forecast (2022-2029), USD Million
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Middle East & Africa (MEA) Immunoassay Market Size & Forecast (2022-2029), USD Million
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Technology (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Competitive Landscape
- Key Players and their Competitive Positioning
- Key Player Comparison
- Segment-wise Player Mapping
- Market Share Analysis (2023)
- Company Categorization Matrix
- Dominants/Leaders
- New Entrants
- Emerging Players
- Innovative Players
- Key Strategies Assessment, By Player (2022-2024)
- New Product Launches
- Partnerships, Agreements, & Collaborations
- Investment in R&D
- Geographic Expansion
- Key Players and their Competitive Positioning
- Company Profiles*
(Business Overview, Financial Performance**, Products & Services Offered, Recent Developments)
- Abbott Laboratories
- Siemens Healthineers
- Bio-Rad Laboratories
- Danaher Corporation
- bioMerieux
- Quidel Corporation
- BD Biosciences
- Sysmex Corporation
- Ortho Clinical Diagnostics
- Thermo Fisher Scientific Inc.
- Other Prominent Players
The study has been compiled based on extensive primary and secondary research.
Secondary Research (Indicative List)
Primary Research
To validate research findings (market size & forecasts, market segmentation, market dynamics, competitive landscape, key industry trends, etc.), extensive primary interviews were conducted with both supply and demand-side stakeholders.
Supply Side Stakeholders:
- Senior Management Level: CEOs, Presidents, Vice-Presidents, Directors, Chief Technology Officers, Chief Commercial Officers, Others
- Mid-Management Level: Product Managers, Sales Managers, Brand Managers, Business Development Managers, Consultants, Others
Demand Side Stakeholders:
- Hospitals & Clinics, Clinical Laboratories, Pharmaceuticals & Biotechnology Companies & CROs, Blood Banks, Research & Academic Laboratories, Home Care Settings, Others
Breakdown of Primary Interviews
Market Size Estimation
Both ‘Top-Down & Bottom-Up Approaches’ were used to derive market size estimates and forecasts
Data Triangulation
Research findings derived through secondary sources & internal analysis was validated with Primary Interviews, Internal Knowledge Repository and Company’s Sales Data
