Austria Immunoassay Analyzers Market Size & Outlook
Austria immunoassay analyzers market, 2016-2028 (US$M)
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Austria immunoassay analyzers market highlights
- The Austria immunoassay analyzers market generated a revenue of USD 62.8 million in 2021 and is expected to reach USD 85.2 million by 2028.
- The Austria market is expected to grow at a CAGR of 4.5% from 2022 to 2028.
- In terms of segment, reagents & kits was the largest revenue generating product in 2021.
- Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
Immunoassay analyzers market data book summary
| Market revenue in 2021 | USD 62.8 million |
| Market revenue in 2028 | USD 85.2 million |
| Growth rate | 4.5% (CAGR from 2021 to 2028) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Reagents & Kits |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & Kits, Analyzers/Instruments, Software & Services |
| Key market players worldwide | BioMerieux SA, Abbott Laboratories, Roche Holding AG, Siemens Healthineers AG ADR, Becton Dickinson & Co, Bio-Rad Laboratories Inc Class A, Beckman Coulter |
Other key industry trends
- In terms of revenue, Austria accounted for 0.3% of the global immunoassay analyzers market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, UK immunoassay analyzers market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,884.3 million by 2028.
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Immunoassay Analyzers Market Scope
Immunoassay Analyzers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Austria immunoassay analyzers 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 immunoassay analyzers market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 66.4% in 2021. Horizon Databook has segmented the Austria immunoassay analyzers market based on reagents & kits, analyzers/instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
The immunoassay analyzer market is anticipated to exhibit steady growth over the forecast period owing to an increase in healthcare spending and favorable reimbursement policies. The Austrian health system faces important challenges despite improvements in the health status of Austrians due to unhealthy lifestyles and an aging population.
According to the Statistics Austria, Austria’s health care expenditure in 2019 has amounted to USD 46,457.7 million (€41 483 million) or 10.4% of GDP, which is higher than in various other EU countries. Cardiovascular diseases and cancer account for the majority of deaths in Austria followed by diabetes.
This could be attributed to behavioral risk factors, such as smoking and alcohol consumption, along with low physical activity and bad dietary habits further contributing to high body mass index and other health risks.
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Our clientele includes a mix of immunoassay analyzers 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 Austria immunoassay analyzers market , including forecasts for subscribers. This country databook contains high-level insights into Austria immunoassay analyzers market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Austria immunoassay analyzers market size, by product, 2016-2028 (US$M)
Austria Immunoassay Analyzers Market Outlook Share, 2021 & 2028 (US$M)
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