UK Immunoassay Analyzers Market Size & Outlook, 2021-2028
UK immunoassay analyzers market, 2016-2028 (US$M)
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UK immunoassay analyzers market highlights
- The UK immunoassay analyzers market generated a revenue of USD 971.9 million in 2021 and is expected to reach USD 1,884.3 million by 2028.
- The UK market is expected to grow at a CAGR of 9.9% 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 971.9 million |
| Market revenue in 2028 | USD 1,884.3 million |
| Growth rate | 9.9% (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, UK accounted for 4.2% 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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UK 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 66.18% in 2021. Horizon Databook has segmented the UK immunoassay analyzers market based on reagents & kits, analyzers/instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
Presence of sophisticated healthcare infrastructure, high disposable income, increasing healthcare expenditure, and growing awareness about early diagnosis of diseases are among key drivers of immunoassay analyzers market in this country.
As per the data published by the Office for National Statistics, the UK spent around USD 286.3 billion (GBP 214.4) billion with a per capita expenditure of USD 4,309.4 (GBP 3,227) on healthcare in 2018. This was equivalent to approximately 10.0% of GDP, which was high in comparison to 9.8% in 2017.
The government financed 78% of total healthcare expenses, which accounted for USD 222.6 billion (GBP 166.7 billion). Furthermore, the demand for immunoassay analyzers market is growing primarily due to the high demand for diagnostics, which can be attributed to increase in the prevalence of chronic diseases.
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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 UK immunoassay analyzers market , including forecasts for subscribers. This country databook contains high-level insights into UK immunoassay analyzers market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UK immunoassay analyzers market size, by product, 2016-2028 (US$M)
UK Immunoassay Analyzers Market Outlook Share, 2021 & 2028 (US$M)
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