2020 Autoimmune Disease Diagnostics Market Forecast Analysis by Trends, Major Companies Analysis, Growth Rate by Regions, Company Overview till 2024

Autoimmune Disease Diagnostics

The “Autoimmune Disease Diagnostics Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Autoimmune Disease Diagnostics market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Autoimmune Disease Diagnostics market report also includes new upcoming technology of Autoimmune Disease Diagnostics Industry that will help to our clients.

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Market Overview:

  • The autoimmune disease diagnostics market is expected to register a CAGR of nearly 7.9% during the forecast period, 2019-2024.
  • – The rising awareness about autoimmune diseases through programs of research, education, support, and advocacy is a key factor boosting the usage rates of autoimmune disease diagnostics, globally.
  • – The United States has the highest incidence of autoimmune diseases, wherein about 50 million patients suffer from autoimmune diseases.
  • – According to Arthritis Foundation, in 2017 about 54.4 million adults in the United States suffer from diagnosed arthritis.
  • – According to the 2017 report of the International Diabetes Federation (IDF), approximately 425 million adults (20-79 years) were suffering from diabetes, and by 2045 this number may rise to 629 million, globally.
  • – Government organizations and NGOs aims to increase awareness about the socioeconomic impact of autoimmunity through fostering and facilitating collaboration in the areas of education, public awareness, research, and patient services in an effective, ethical, and efficient manner.
  • – The other factors, such as improved laboratory automation, partnerships with physicians and clinical laboratories, and technological advancements, are driving the autoimmune disease diagnostics market. However, the slow turnaround time of the diagnosis and high frequency of false results are hindering the growth of the autoimmune disease diagnostics mar

    Autoimmune Disease Diagnostics Market Covers Key Players:

  • Abbott Laboratories
  • Biomerieux
  • Bio
  • rad Laboratories
  • Euroimmun AG
  • F. Hoffmann
  • la Roche
  • Inova Diagnostics Inc.
  • Myriad Genetics
  • Siemens Healthineers Inc.
  • Thermo Fisher Scientific
  • Trinity Biotech

    Some Major Points Covered in Autoimmune Disease Diagnostics Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • Autoimmunity involves the loss of normal immune homeostasis, as the organism produces an abnormal response to its own tissue. Autoimmune diseases generally involve the presence of self-reactive T cells, autoantibodies, and inflammation. Diagnosis of potential autoimmune diseases is very difficult because not one laboratory test alone can produce diagnosis results for the disease. Hence, multiple laboratory tests are needed, and this includes basic studies, like complete blood count, comprehensive metabolic panel, acute phase reactants, immunologic studies, serologies, flow cytometry, cytokine analysis, and HLA typing. Although some tests may be non-specific, such as the erythrocyte sedimentation rate (ESR), they are useful to assess the disease activity. These tests can be useful in the diagnosis and management of patients suffering from autoimmune diseases and help in providing a prognosis or indicating the severity of organ involvement or damage.

    Key Market Trends:

    Immunologic Assays Segment Dominates the Autoimmune Disease Diagnostics Market

    Autoimmune disease diagnostics market is segmented on the basis of disease type and diagnosis. Diagnosis is again segmented into regular laboratory tests, inflammatory markers, immunologic assays, antibody tests, and other tests.

    The immunologic assays segment is expected to register a healthy CAGR over the forecast period. Factors that are responsible for the growth of this market include cost-effectiveness, growth in the biotechnology and pharmaceutical sectors, and high sensitivity and specificity of immunoassays. When compared to conventional tests, immunologic assays have been proven to provide highly accurate results, even with very small samples. Immunologic reactions are highly specific, as they can take place only in the presence of proper immunologic agents. For instance, an antibody against a viral protein cannot bind with an antigen that is derived from bacteria. This high specificity indicates high accuracy in results, enabling high sensitivity in the detection of diseases. This high sensitivity not only helps in easy detection, but also eliminates the need for secondary verifications, which ultimately saves costs. For instance, in December 2018, Quidel received a CE mark approval for its product Quidel’s Sofia 2 Lyme+ FIA for use with the Sofia 2 Fluorescent Immunoassay Analyzer.

    Asia-Pacific is the Fastest Growing Region in the Autoimmune Disease Diagnostics Market

    Asia-Pacific is anticipated to exhibit extensive market growth over the forecast period, owing to the presence of rising disposable income and increasing patient pool in the emerging countries. Furthermore, growing awareness regarding the benefits of early and accurate diagnosis of autoimmune diseases to seek right treatment, rising development of healthcare infrastructure, and growing healthcare expenditure are likely to boost the growth of the autoimmune disease diagnostics market in the Asia-Pacific region.

    The Japanese autoimmune disease diagnostics market holds the largest market share in the Asia-Pacific region, and registered a healthy CAGR, due to the presence of a large population with the autoimmune condition in the country, as of 2017. Growth strategies adopted by the local and international players in the Asia-Pacific region is also propelling the growth of the autoimmune disease diagnostics market. In 2017, ImmunArray, a privately-held molecular device diagnostic company, and Kindstar Global Co. Ltd, a specialty clinical testing company based in Wuhan, forged a partnership to undertake joint clinical testing for lupus, due to the growing prevalence of the disease in China.

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    Detailed TOC of Autoimmune Disease Diagnostics Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Growing Public Awareness about Autoimmune Diseases
    4.2.2 Improved Laboratory Automation
    4.2.3 Partnerships with Physicians and Clinical Laboratories
    4.2.4 Technological Advancements
    4.3 Market Restraints
    4.3.1 Slow Turnaround Time for Autoimmune Disease Diagnostic Test Results
    4.3.2 High Frequency of False Results
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Disease Type
    5.1.1 Systemic Autoimmune Disease
    5.1.1.1 Rheumatoid Arthritis
    5.1.1.2 Psoriasis
    5.1.1.3 Systemic Lupus Erythematosus (SLE)
    5.1.1.4 Multiple Sclerosis
    5.1.1.5 Other Systemic Autoimmune Diseases
    5.1.2 Localized Autoimmune Disease
    5.1.2.1 Inflammatory Bowel Disease
    5.1.2.2 Type 1 Diabetes
    5.1.2.3 Thyroid
    5.1.2.4 Other Localized Autoimmune Diseases
    5.2 Diagnosis
    5.2.1 Regular Laboratory Tests
    5.2.2 Inflammatory Markers
    5.2.3 Immunologic Assays
    5.2.4 Antibody tests
    5.2.5 Other Tests
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Abbott Laboratories
    6.1.2 Biomerieux
    6.1.3 Bio-rad Laboratories
    6.1.4 Euroimmun AG
    6.1.5 F. Hoffmann-la Roche
    6.1.6 Inova Diagnostics Inc.
    6.1.7 Myriad Genetics
    6.1.8 Siemens Healthineers Inc.
    6.1.9 Thermo Fisher Scientific
    6.1.10 Trinity Biotech

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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