The new report by Expert Market Research titled, ‘Global Enzyme-Linked Immunosorbent Assays (ELISAs) Market Size, Share, Price, Trends, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global enzyme-linked immunosorbent assays (ELISAs) market, assessing the market based on its segments like test types, applications, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 3.0%
The global market is expected to be driven by applications of enzyme-linked immunosorbent assays (ELISAs) in multiple settings, including rapid antibody screening tests for HIV, recognition of other viruses, fungi, bacteria, food allergens, autoimmune diseases, blood typing, presence of the pregnancy hormone hCG, forensic toxicology, laboratory and clinical research, and several other diagnostic settings.
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ELISAs are sensitive, precise, and inexpensive. These characteristics are expected to drive the global enzyme-linked immunosorbent assays (ELISAs) market. Further, the growing applications of ELISA in oncology, the rising incidence of infectious diseases and cancer, and the increasing demand for cost-effective diagnostic tools are expected to drive the enzyme-linked immunosorbent assay (ELISA) market over the predicted years.
Industry Definition and Major Segments
The gold standard of immunoassays is the enzyme-linked immunosorbent assay (ELISA), which is a labelled immunoassay. The immunological test is extremely sensitive and can identify and measure chemicals such as antibodies, antigens, proteins, glycoproteins, and hormones.
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By test type, the market is segmented into:
• Sandwich ELISA
• Competitive ELISA
• Indirect ELISA
• Multiple and Portable ELISA
• Others
The major applications of the market are:
• Cancer
• Protein Quantification
• Immunology
• Inflammation
• Infectious Diseases
• Other
On the basis of region, the market is segmented into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
The growing demand for frequent diagnostic testing among the elderly is expected to propel the market throughout the forecasted period. The growing geriatric population, and the development of innovative products by manufacturers, are likely to accelerate the global market growth.
The increasing investment into the research and development activities and various funding programs for diagnostic purposes further propel the growth of the market in several regions. In addition, the increasing per capita healthcare expenditure and the presence of technologically advanced healthcare infrastructure in various regions are driving the market growth of enzyme-linked immunosorbent assays (ELISAs).
Key Market Players
The major players in the market are The rmo Fisher Scientific Inc., Becton, Dickinson and Company, Bio Legend, Inc., Bio-Rad Laboratories, Inc., and Enzo Life Sciences, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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