The increasing prevalence of chronic disorders, increasing technological advancements in the assay kits and analyzers, and increasing research in the field of vaccines are expected to be the primary factors affecting the market.
Market Size – USD 123.5 Million in 2018, Market Growth - CAGR of 15.9%, Market Trends– The increasing advancements in the field of diagnostics and cancer research could be some factors responsible for market growth
According to the current analysis of Reports and Data, the ELISpot and Fluorospot Assay Marketwas valued at USD 123.5 million in 2018 and is expected to reach USD 408.8 million by the year 2026, at a CAGR of 15.9%. ELISpot, also known as Enzyme-linked immune absorbent spot and Fluorospot, are assay methods used to detect cytokine secretion in samples, including blood plasma, serum, tissues, and others. The technique is antibody-based, wherein the microplates used in the assay are covered by specific antibodies that detect significant proteins from the sample. The ELISpot and Fluorospot are used on a regular basis in various research institutes for cytokine detection and analysis secreted by single cells.
The rise in the research and development in the vaccines sector is expected to drive the market majorly. Rising prevalence of infectious diseases that can be detected using ELISpot and Fluorospot assay methods is also a driving factor for the market. For instance, according to the estimates given by the World Health Organization (WHO), around 30 new diseases have emerged in the last 20 years, and now these diseases threaten the health of millions of people in the world. Moreover, the epidemics of infectious diseases worldwide affect around 3 to 5 million people annually and cause severe illness. Various companies have invested in the R&D sector to improve the assay techniques and to gain reliable results. Moreover, the rising cases of chronic disorders and increasing awareness about the diagnosis of chronic diseases are expected to propel the demand extensively. There is a significant increase in healthcare expenditure in developing countries, which could contribute to the growth of the industry.
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The report provides a complete analysis of the global ELISpot and Fluorospot Assay) market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.
The key companies profiled in the market are:
Oxford Immunotec, Cellular Technologies, Mabtech, Becton, Dickinson and Company, Abcam, Bio-Techne, U-Cytech Biosciences, Lophius Biosciences GmbH, and Biotech Investissement Group.
Further key findings from the report suggest
- Different companies continue to be leaders since the introduction of ELISpot and Fluorospot assay techniques. For instance, Oxford Immunotech is the leading company in the market. The company has established itself across the globe and used various strategies to improve its presence in the market
- The analyzers segment is widely driven due to the company called Cellular Technology Limited (CTL), which is the first company to introduce analyzers in ELISpot in the market. It has been a leading player in the industry since then.
- Many technological advancements have led the market toward growth. For instance, in 2018, Mabtech launched an analyzer called IRIS analyzer, which is a 4-color fluorospot and ELISpot reader.
- Also, in 2018, in the assay kits sector, Mabtech introduced a human IL3 ELISpot kit. Such advancements continue the growth of the company in the market
For the purpose of this report, Reports and Data has segmented the ELISpot and Fluorospot assay market on the basis of product, application, end use and region:
By Product (Revenue in Million USD; 2016–2026)
- Assay Kits
- B cell assay
- T cell assay
- Ancillary products
- Analyzers
By Application (Revenue in Million USD; 2016–2026)
- Cancer
- Diagnostics
- Transplants
- Infectious diseases
- Vaccines
- Clinical trials
- Others
By End Use (Revenue in Million USD; 2016–2026)
- Research Institutes
- Diagnostic Centers
- Hospital and clinics
- Ambulatory surgical centers
- Others
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The report further segments the market on the basis of key regions of the world and offers an assessment of the production and manufacturing capacity, import and export, production and consumption patterns, supply and demand ratio, and the presence of key players in each region. The ELISpot and Fluorospot Assay) market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
In-depth regional analysis covers:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- Rest of MEA
The report includes primary and subjective research with a comprehensive study examined and validated by industry professionals and experts. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period. The report also provides an insight into the growth in revenue along with CAGR throughout the forecast period. It also provides insights into lucrative opportunities to enable the businesses to capitalize on the emerging trends of the market.
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Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key ELISpot and Fluorospot Assay) market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global ELISpot and Fluorospot Assay) market size
2.2 Latest ELISpot and Fluorospot Assay) market trends
2.3 Key growth trends
- Competitive Landscape
3.1 Global ELISpot and Fluorospot Assay) market key players
3.2 Global ELISpot and Fluorospot Assay) size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the ELISpot and Fluorospot Assay) market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
About Reports and Data
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Overview:The ELISpot and FluoroSpot Assay market report has various growth pockets that can be explored in the coming years to boost a growth worth USD 287 million by 2023.
Request Sample Copy:https://www.marketresearchfuture.com/sample_request/6948Segmentation:The global report on the ELISpot and FluoroSpot Assay market has been studied on the basis of a segmentation that includes an application, product, and end-user.
This will help in the better strategy-making process in the coming years.
By product, the global market for the ELISpot and FluoroSpot Assay has been studied by segmenting it into the analyzer, various assay kits, and ancillary products.
By end-user, the report covering the ELISpot and FluoroSpot Assay market includes ambulatory surgical centers, hospitals & clinics, research centers, diagnostic centers, and others.
Regional Analysis:North America is structurally superior when it comes to the healthcare sector.
Global ELISpot and FluoroSpot Assay Market Research Report, by Product (Assay Kit, Ancillary Products), Application (Transplant, Vaccines), End-User (Hospitals and Clinics, Ambulatory Surgical Centres, Diagnostic Centres, Research Centers) – Forecast Till 2027Market Highlights:The ELISpot and FluoroSpot Assay are using to detect various antibodies, cytokines, and granzymes.
These kits are applicable for early diagnose diseases such as TB and tick-borne diseases.
The global ELISpot and FluoroSpot assay market were estimated USD 135 million in 2017 and expected to reach USD 287 million by 2023 at a CAGR of 16.2% during the forecast period.
However, factors such as high cost of ELISpot and FluoroSpot assay, lack of skilled technicians and alternative techniques are expected to hinder the growth of ELISpot and FluoroSpot assay market during the forecast period.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6948Segmentation:The Global ELISpot and FluoroSpot Assay Market.is segmented on the basis of product, application, and end-user.
On the basis of end-user, the ELISpot and FluoroSpot Assay market is segmented into hospitals and clinics, ambulatory surgical centres, diagnostic centres, research centers, and others.On the basis of region, the global ELISpot and FluoroSpot Assay market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.Regional Analysis:The Americas is the largest in the market owing to the increasing prevalence of chronic & viral diseases, rising geriatric population, and increasing number of pharmaceutical manufacturing units in America will boost the demand for ELISpot and FluoroSpot Assay kit.
According to the Centers for Disease Control and Prevention 2017, it was reported that 90.6% of children aged 19-35 months were vaccinated with Chickenpox vaccine and 81.8% with Pneumococcal conjugate vaccine in the US.
Growth in this ELISpot and FluoroSpot Assay Market is driven by the rising global incidence of chronic diseases, increasing vaccine development to address the challenge of antimicrobial resistance, and technological advancements in ELISpot and FluoroSpot assay kits and analyzers.
[111 Pages Report] The ELISpot and FluoroSpot Assay market is projected to reach USD 287 million by 2023 from USD 135 million in 2018, at a CAGR of 16.2% during the forecast period.ELISpot and FluoroSpot Assay Market by Product (Assay Kit (T Cell and B Cell assay), Analyzer, Ancillary Products), Application (Transplant, Vaccines, Clinical Trials, Cancer), End User (Hospital, Labs, Research Institute) - Global Forecast to 2023What drives the Market?Rising Global Incidence of Chronic DiseasesIncreasing Vaccine Development to Address the Challenge of Antimicrobial ResistanceTechnological Advancements in ELISpot and FluoroSpot Assay Kits and AnalyzersOn the other hand, the availability of alternative detection technologies is expected to limit market growth during the forecast period.Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=124350584“Asia Pacific to grow at the highest rate during the forecast period (2018–2023)” The ELISpot and FluoroSpot market is geographically segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW).
While North America is expected to dominate the market in 2018, Asia Pacific is expected to register the highest CAGR in the market during the forecast period.
Growth in APAC is largely driven by the large patient population and high prevalence of chronic diseases in this region.Key Market Players Some of the prominent players in the ELISpot and FluoroSpot are Oxford Immunotec (UK), Cellular Technologies (US), Mabtech (Sweden), Becton, Dickinson and Company (US), and Abcam (UK).Oxford Immunotec is the leading player in the ELISpot and FluoroSpot market.
The company focuses on the development of diagnostic kits for the early detection of diseases such as TB and tick-borne diseases.
In 2017, it spent around 16% of its revenue on R activities, which is higher than most of its counterparts.Cellular Technology Limited (CTL) is among the pioneers of the ELISpot and FluoroSpot assays.
The increasing prevalence of chronic disorders, increasing technological advancements in the assay kits and analyzers, and increasing research in the field of vaccines are expected to be the primary factors affecting the market.
Market Size – USD 123.5 Million in 2018, Market Growth - CAGR of 15.9%, Market Trends– The increasing advancements in the field of diagnostics and cancer research could be some factors responsible for market growth According to the current analysis of Reports and Data, the ELISpot and Fluorospot Assay Marketwas valued at USD 123.5 million in 2018 and is expected to reach USD 408.8 million by the year 2026, at a CAGR of 15.9%.
The technique is antibody-based, wherein the microplates used in the assay are covered by specific antibodies that detect significant proteins from the sample.
Various companies have invested in the R sector to improve the assay techniques and to gain reliable results.
There is a significant increase in healthcare expenditure in developing countries, which could contribute to the growth of the industry.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2697The report provides a complete analysis of the global ELISpot and Fluorospot Assay) market with important details about the key market players from insightful primary and secondary research data.
The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.The key companies profiled in the market are: Oxford Immunotec, Cellular Technologies, Mabtech, Becton, Dickinson and Company, Abcam, Bio-Techne, U-Cytech Biosciences, Lophius Biosciences GmbH, and Biotech Investissement Group.Further key findings from the report suggestDifferent companies continue to be leaders since the introduction of ELISpot and Fluorospot assay techniques.
