Asia Pacific Chemiluminescence Immunoassay Market Size & Outlook
Asia Pacific chemiluminescence immunoassay market, 2016-2028 (US$M)
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Asia Pacific chemiluminescence immunoassay market highlights
- The Asia Pacific chemiluminescence immunoassay market generated a revenue of USD 1,506.4 million in 2020.
- The market is expected to grow at a CAGR of 10.2% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product & services in 2020.
- Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 1,506.4 million |
| Market revenue in 2028 | USD 3,286.0 million |
| Growth rate | 10.2% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Software & Services |
| Key market players worldwide | Diasorin SpA, Abbott Laboratories, Siemens Healthineers AG ADR, QuidelOrtho Corp, shenzhen mindray automation equipment co., Immunodiagnostic Systems, Beckman Coulter, Roche Holding AG ADR, Roche, Inova Diagnostics, Maccura |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.5% of the global chemiluminescence immunoassay market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,286.0 million by 2028.
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Chemiluminescence Immunoassay Market Scope
Chemiluminescence Immunoassay Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific chemiluminescence immunoassay market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chemiluminescence immunoassay market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 66.09% in 2020. Horizon Databook has segmented the Asia Pacific chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
Asia Pacific is the fastest growing market owing to presence of a large target population in countries, such as India, China, Japan, and South Korea. In addition, growing adoption of innovative laboratory techniques & procedures such as CLIA for faster investigation & diagnosis of infectious & chronic disorders is one of the key factors driving the market growth.
Moreover, introduction of innovative kits and increase in the demand for reagents used in diagnosis are among the factors driving growth. With growing awareness and increased funding from private sector, care-based surveillance systems, & governments, the availability of diagnostic testing is anticipated to increase, thereby fueling market growth in the region.
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Our clientele includes a mix of chemiluminescence immunoassay market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific chemiluminescence immunoassay market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific chemiluminescence immunoassay market size, by country, 2016-2028 (US$M)
Asia Pacific Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)
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