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Radioimmunoassay Market by Type, End User, Application, and Geography - Global Forecast to 2020

Radioimmunoassay Market: Global Forecast until 2020

  • October 2015
  • 115 pages
  • ID: 3343748
In this report:
As radioimmunoassay is one of the key instruments used in the life sciences sector, increased investments in life sciences are expected to fuel the growth of the radioimmunoassay market in the region.
The global radioimmunoassay market is expected to reach $##.## million by 2020, at a CAGR of ##.##% during the forecast period from 2015 to 2020.


Table of Contents

Radioimmunoassay Market by Type, by Application, by End User (Hospitals, Pharmaceutical Industry & CROs, Academics, Others), by Geography- Global Forecast to 2020

Radioimmunoassay technique is basically used to measure the concentration of specific antigens by using specific antibodies. This technique is primarily used for research purposes rather than for diagnostics purposes. The overall radioimmunoassay market constituted 2.30 percent share of the overall immunoassay market.

Radioimmunoassay has applications in the field of clinical diagnostics, and is used in hospitals, contract research organizations, laboratories, pharmaceutical companies, and others. It is used for the early detection and diagnosis of cancer; recognition of endocrinological disorders; and different other applications. Pharmaceuticals firms use the RIA techniques for drug testing. Radioimmunoassay also has it application in the research purpose, and contributed a share of 65.90 percent to the global radioimmunoassay market in 2014.

The overall radioimmunoassay market is anticipated to reach $428.40M by 2020, at a compound annual growth rate (CAGR) of 3.5% during the forecast horizon between 2015 and 2022. The increase aging population and increase in the usage of radioimmunoassay technique in Oncology are the main factors influencing this sector.

There are several application areas for RIA in industry research and diagnostics, which are infectious disease testing, endocrine testing, allergy testing, oncology testing, toxicology testing, and autoimmune disease testing. Out of all the application segments, oncology testing is the biggest application segment, and is anticipated to hold the biggest market share in the upcoming future. The main reason behind these is the increase in the oncology market due to different factors, including the growing incidence rate of cancer, increase in aging population, urbanization with heavy pollution, and others.

The overall radioimmunoassay market report studies the main regions, that is, North America continent, EU, Asia area, and the Rest of the globe.

In 2015, Europe (EU) is expected to account for the biggest share of 35.10 percent in the overall radioimmunoassay market. As radioimmunoassay is one of the top instruments used in the life sciences market, rised market investments in life sciences are anticipated to fuel the rise of the radioimmunoassay market in the territory. Nevertheless, the rise in the European radioimmunoassay market is influenced by the outsourcing of drug discovery, growing government investments in life sciences, and rising prevalence of infectious diseases as well as cancer in this area.

The market research includes company profiles of main actors, recent activities in the sector, latest product launches, mergers & acquisitions, collaborations and alliances, and SWOT study. Some of the firms decribed in this industry report are DIAsource ImmunoAssays SA, Beckman Coulter, Incorporated, IBL International, PerkinElmer (NYSE:PKI), DRG International, Incorporated, MP Biomedicals, Limited liability company, Cisbio, Euro Diagnostica AB, DiaSorin S.p.A.., EMD Millipore, Izotop, Berthold Technologies GmbH & Co. KG, and Stratec Biomedical AG, among others.

Why Purchasing This Study Can Help You:

From an insight prospect, this market research has emphasized several levels of analysis, that is, industry study (sector trends and PEST review), market share research of top players, supply chain research, and company descriptions. All of these together comprise and discuss the basic overviews on the competitive landscape, usage patterns, emerging- and the high-development segments, high-growth areas and territories and their specific regulatory policies, government actions, drivers, market restraints, and opportunities of the overall Radioimmunoassay.arket.

The industry report will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate the organizations in garnering a greater market share. Companies obtaining the study could use any one or a combination of the below mentioned five strategies to enhance their share of market.

This study furnishes highlights on the following points:

- Product review and Development: In-depth understanding on up-on-coming technologies, analysis and growth activities, and recent product launches in the Global Radioimmunoassay market are provided.

- Industry development: Highlighted information about profitable emerging sectors is provided. The market research also analyzes the industries for Radioimmunoassay across several areas, exploit new distribution channels, new clientele base and distinct pricing policies.

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and investments decisions in the Global Radioimmunoassay market is provided. In-depth description concerning the related and unrelated diversification pertaining to this market is also provided.

- Opposing assessment: An detailed assessment of market shares and company share review of the main actors forecasted till 2020 is provided. Develop strategic management and manufacturing competences of key players enhance the bottom line of the firms in the Radioimmunoassay market.

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