Italy Immunoassay Analyzers Market Size & Outlook

The immunoassay analyzers market in Italy is expected to reach a projected revenue of US$ 1,191.4 million by 2028. A compound annual growth rate of 6.6% is expected of Italy immunoassay analyzers market from 2022 to 2028.
Revenue, 2021 (US$M)
$760.1
Forecast, 2028 (US$M)
$1,191.4
CAGR, 2022 - 2028
6.6%
Report Coverage
Italy

Italy immunoassay analyzers market, 2016-2028 (US$M)

Italy

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Italy immunoassay analyzers market highlights

  • The Italy immunoassay analyzers market generated a revenue of USD 760.1 million in 2021 and is expected to reach USD 1,191.4 million by 2028.
  • The Italy market is expected to grow at a CAGR of 6.6% 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 2021USD 760.1 million
Market revenue in 2028USD 1,191.4 million
Growth rate6.6% (CAGR from 2021 to 2028)
Largest segmentReagents & kits
Fastest growing segmentReagents & Kits
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationReagents & Kits, Analyzers/Instruments, Software & Services
Key market players worldwideBioMerieux 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, Italy accounted for 3.3% 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 Companies

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Italy 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 66.25% in 2021. Horizon Databook has segmented the Italy immunoassay analyzers market based on reagents & kits, analyzers/instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.


Favorable government initiatives, an increasing number of independent diagnostic centers, high prevalence of life-threatening diseases that require efficient tests for screening & treatment have propelled the growth of Italy's immunoassay analyzers market. 

As per a study published by the European Journal of Public Health, cardiovascular diseases affect 7.49 million lives and remain the leading cause of mortality, morbidity, and disability in Italy, causing 34.8% of total deaths in 2017. 

Neoplasms are the second most significant cause of death, following cardiovascular diseases. According to Globocan, Italy reported 415,269 new cancer cases and 174,759 cancer deaths in 2020. As per a report published by OECD and the European Observatory on Health Systems and Policies, in 2017, one in five adults smoked daily, which exceeded the EU average of 19%. 

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Horizon Databook provides a detailed overview of country-level data and insights on the Italy immunoassay analyzers market , including forecasts for subscribers. This country databook contains high-level insights into Italy immunoassay analyzers market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Italy immunoassay analyzers market size, by product, 2016-2028 (US$M)

Italy Immunoassay Analyzers Market Outlook Share, 2021 & 2028 (US$M)

Italy immunoassay analyzers market size, by product, 2016-2028 (US$M)

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