U.S. Chemiluminescence Immunoassay Market Size & Outlook
U.S. chemiluminescence immunoassay market, 2016-2028 (US$M)
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U.S. chemiluminescence immunoassay market highlights
- The U.S. chemiluminescence immunoassay market generated a revenue of USD 2,671.9 million in 2020 and is expected to reach USD 4,621.6 million by 2028.
- The U.S. market is expected to grow at a CAGR of 7.1% 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.
Chemiluminescence immunoassay market data book summary
| Market revenue in 2020 | USD 2,671.9 million |
| Market revenue in 2028 | USD 4,621.6 million |
| Growth rate | 7.1% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, U.S. accounted for 36.4% of the global chemiluminescence immunoassay market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. chemiluminescence immunoassay market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 589.2 million by 2028.
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Chemiluminescence Immunoassay Market Scope
Chemiluminescence Immunoassay Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 65.57% in 2020. Horizon Databook has segmented the U.S. chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
The growth in this region can mainly be attributed to high adoption of technologically advanced CLIA products, favorable reimbursement scenario, and increase in the prevalence of chronic & infectious diseases.
According to CDC estimates, in 2018, around 37,377 new cases of HIV were diagnosed in the U.S. The data from the same source states that 115,045 new cases of syphilis were recorded in 2018. Moreover, according to American Cancer Society, in 2020, an estimated 1.8 million new cases of cancer were diagnosed in the U.S.
In addition, local presence of leading players in the U.S. and continuous strategic initiatives undertaken by them are anticipated to fuel the market growth. For instance, in October 2020, DiaSorin, an Italy-based CLIA manufacturer, received FDA’s EUA for its new LIAISON SARS-CoV-2 IgM test.
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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 country-level data and insights on the U.S. chemiluminescence immunoassay market , including forecasts for subscribers. This country databook contains high-level insights into U.S. chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)
U.S. Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)
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