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Analysis of the Western European Immunochemistry Market : Integrated Systems with Ultrasensitive Immunoassay Platform Drive Growth

  • January 2015
  • 147 pages
  • Frost & Sullivan
Report ID: 2649482

Summary

Table of Contents

Methodology

For Market Engineering research, Frost & Sullivan uses tried and tested marketing techniques to provide structure to the research and an easy format to compare results across different countries and markets over time. This project was carried out using primary (telephone or face-to-face interviews) and secondary (published and online material) research as the principle methods of data gathering. The focus of the interviews for this project was primarily the respondent types outlined below.
•Industry participants
•End users
•Key regulatory bodies
•Frost & Sullivan published research services
•Decision support databases
•Country-specific industry forecasts
•Proprietary databases

Key Findings

•The Western European immunochemistry market will continue to grow from $ x million in 2014 to $ x million in 2021 at a compound annual growth rate (CAGR) of x % from 2014 to 2021.
•Several strategic partnerships and merger and acquisition activities are being witnessed in the immunochemistry market. Examples include Johnson & Johnson’s Ortho Clinical Diagnostics division that has been divested to the Carlyle Group. Roche has renewed partnership with Hitachi to develop, manufacture, and strengthen its immunochemistry product portfolio.
•Multiplexed immunoassay platforms are considered the next growth area. Immunoassays such as ChemiLuminescent ImmunoAssay (CLIA), though expensive, are on demand as the preferred choice.
•However, as laboratories are moving towards high throughput and highly sensitive assays, the market is expected to witness a shift from traditional enzyme-linked immunosorbant assay (ELISA) towards advanced technologies.
•On the technology front, immunochromatographic assays, magnetorestrictive methods, field-effect transistor methods based on nanotubes, nanowires, and nanoribbons are the next generation technologies that are being worked on to enhance immunoassay diagnostic tests.

Scope and Segmentation

•This study provides a segment overview, market engineering measurements, revenue forecasts, and key trends for immunoassay, clinical chemistry, and integrated analysers.
•This study covers the following Western European countries:
oThe United Kingdom, Germany, France, Italy, and Spain
oBenelux: Belgium, the Netherlands, and Luxembourg
oScandinavia: Denmark, Norway, Sweden, and Finland

Key Questions This Study Will Answer

What are the key factors driving the market and the barriers that need to be resolved?
What is the current market scenario? How much growth is expected?
Which are the major market segments and what are the important trends?
Which are the key market participants involved, and where do they stand?
What are the key application areas that will expand the horizon, and how will they impact the market in the future?
What is the future of the market in Western Europe, and what should participants do to succeed?

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