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Chemiluminescence Immunoassay Market is estimated to be US$ 11.4 billion by 2032 with a CAGR of 8.1%

Author: Devika More
by Devika More
Posted: Jan 19, 2023

Chemiluminescence is defined as the emission of electromagnetic radiation caused by a chemical reaction to produce light, chemiluminescence immunoassay is an assay that combines chemiluminescence techniques with immunochemical reactions. Similar to other labeled immunoassays (RIA, FIA, ELISA), CLIA uses chemical probes that can produce light emission through a chemical reaction to label antibodies. In recent years, chemiluminescence immunoassays have attracted increasing attention in various fields, including life sciences, clinical, due to their high sensitivity, good specificity and wide application, simple instrumentation and wide linear range Immunoassay tests are biochemical tests that detect disease and work on the principle of an antigen-antibody reaction, aiming to measure the presence and concentration of analytes. Researchers and health care professionals use immunoassay tests to detect different types of antibodies. Chemiluminescent immunoassays combine the advantages of chemiluminescence sensitivity with the specificity of immunoreaction. In this technique, an enzyme converts a substrate into a chemiluminescent signal that is emitted as a chemiluminescent signal that is emitted as photons of light in the visible or near-visible range. A chemiluminescence ELISA is a type of immunoassay that measures the amount of light produced by a chemical reaction proportional to the concentration of an analyte in a sample. An immunoassay is a test that relies on biochemistry to measure the presence and concentration of analytes, analytes can be large proteins, antibodies that an individual has produced as a result of an infection, or small molecules. Chemiluminescent immunoassay is a biochemical technique used in immunology, which is a variation of the standard enzyme immunoassay, it can also be used as a diagnostic tool in medicine, as well as in various other industries for various applications. During EIA the procedure uses enzyme labeled antibodies and antigens to detect the required small biological molecules, this technique uses the basic immunology concept that an antigen binds a specific antibody. As antigenic molecules, which can be identified in a fluid sample, include molecules such as peptides, hormones, and proteins, the enzymes used in chemiluminescence micro particle immunoassays convert the substrate into a reaction product, which emits photons of light instead of developing specifically color Luminescence means that light is emitted when a substance returns from an excited state to the ground state. Increasing awareness of early diagnosis of chronic diseases and increasing drug discovery and development activities of pharmaceutical companies are considered high-impact drivers for the market. Several researchers have found that using of novel and validated biomarkers can lead to early diagnosis of various cancers, the demand for chemiluminescence immunoassays for oncology studies has increased and the demand is expected to increase during the forecast period.

The report "Chemiluminescence Immunoassay Market, By Product (Consumables, Instruments, Software & Services), By Application (Therapeutic Drug Monitoring, Oncology, Cardiology, Endocrinology, Infectious Disease, Autoimmune Disease), By End User (Hospitals and Clinics, Medical and Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies, Research Institutes),and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends Analysis and Forecast till 2032 "

Key Highlights:

  • In July 2022, Roche announced the launch of the Elecsys HCV Duo immunoassay in countries accepting the CE mark. The Elecsys HCV Duo is the first available immunoassay that allows simultaneous and independent determination of hepatitis C virus (HIV) antigen and antibody status from a single human plasma or serum sample.
  • In December 2022, Mindray launched a CLIA inflammation solution: IL-6, PCT and Scd14-ST.

Analyst View:

Chemiluminescent analytical method remains in wide dynamic range, high signal intensity, absence of interference emissions (i.e. high specificity), fast acquisition of analytical signal, high stability of reagents and their conjugates, low consumption of reagents, random access, and low. And immunoassays are widely used in many important areas of pharmaceutical analysis such as clinical pharmacokinetic and bioequivalence studies in the pharmaceutical industry. Innovation in Chemiluminescence Immunoassay Market is increasing worldwide, driven by technological advancements in Chemiluminescence Immunoassay that are more efficient to use. Major players in the market focus on developing and launching technologically advanced CLIA solutions.

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Key Market Insights from the report:

Chemiluminescence Immunoassay Market accounted for US$ 6.3 billion in 2022 and is estimated to be US$ 11.4billion by 2032 and is anticipated to register a CAGR of 8.1%. The Chemiluminescence Immunoassay Market is segmented based on Product, Application, End User and Region.

  • Based on Product, Chemiluminescence Immunoassay Market is segmented into Consumables, Instruments, and Software & Services.
  • Based on Application, Chemiluminescence Immunoassay Market is segmented into Therapeutic Drug Monitoring, Oncology, Cardiology, Endocrinology, Infectious Disease, and Autoimmune Disease.
  • Based on End User, Chemiluminescence Immunoassay Market is segmented into Hospitals and Clinics, Medical and Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies, Research Institutes.
  • By Region, the Chemiluminescence Immunoassay Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Chemiluminescence Immunoassay Market:

The prominent players operating in the Chemiluminescence Immunoassay Market includes, DiaSorin S.p.A., Abbott Laboratories, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Siemens Healthineers, Beckman Coulter Inc., F.Hoffmann-La Roche AG, Inova Diagnostics, Inc., Maccura Biotechnology Co., Ltd., Ortho Clinical Diagnostics, Tosoh Corporation. The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Author: Devika More

Devika More

Member since: Oct 10, 2022
Published articles: 21

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