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Spike in
Laboratory Consolidation to Enable Market Register Positive Growth Trajectory
The accelerated growth of
the automated immunoassay analyzers market is driven by several factors. First
and foremost, the increasing incidence of disease epidemics such as Zica and
the increasing prevalence of chronic diseases such as hepatitis are chiefly
fuelling the automated immunoassay analyzers market.
Apart from this, trends
of preventive healthcare and laboratory automation and integration are some
other factors creating opportunities for the automated immunoassay analyzers
market. Furthermore, the rising demand for result comparability and
international standardization is likely to lead to the swift uptake of
automated immunoassay analyzers.
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The swift uptake of
advanced technologies is another key factor that will account for significant
growth of the immunoassay analyzers market in the near future. While developed
nations are likely to exhibit steady demand for automated immunoassay
analyzers, emerging nations are likely to exhibit comparatively higher demand
for automated immunoassay analyzers. This is attributed to rising disposable
incomes along with favorable government initiatives and efforts for the
betterment of healthcare facilities.
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Declining
Reimbursement Policies May Challenge Market’s Growth in Developed Countries
On the other hand, cost
constraints, especially among smaller diagnostic laboratories is limiting the
adoption of automated immunoassay analyzers. Meanwhile, diagnostic laboratories
in developed markets may face challenges due to declining reimbursements. Apart
from this, stringent regulations and the need to operate under escalating price
woes may adversely impact the market’s trajectory and also challenge business
aspect of laboratories. Therefore, mostly laboratories are focusing on high
volume testing that helps boost profitability per test. Diagnostic laboratories
worldwide are increasingly adopted automated systems that helps to provide
accurate diagnosis and carry out specialized test. Such factors are likely to
significantly boost the global automated immunoassay analyzers market in the
near future.
The information presented
here is based on the findings of a TMR report, titled “Automated Immunoassay
Analyzers Market (Technology - Chemiluminescence Immunoassay (CLIA), Enzyme
Linked Fluorescent Immunoassay (ELFA), Enzyme Linked Immunosorbent Assay
(ELISA), and Radioimmunoassay (RIA); Sales Model - Reagent Rental / Lease and
Outright Sale; End User - Hospitals, Diagnostic Laboratories, and Blood Bank) -
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”
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