How has the immunochemistry diagnostic devices and equipment market evolved, and where is it heading next?
The immunochemistry diagnostic devices and equipment market size has grown rapidly in recent years. It will grow from $3.51 billion in 2024 to $4.01 billion in 2025 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to disease identification, healthcare advancements, point-of-care testing, therapeutic monitoring.
The immunochemistry diagnostic devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $6.45 billion in 2029 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to aging population, companion diagnostics, telemedicine and remote monitoring, biomarker discovery. Major trends in the forecast period include miniaturization and portability, multiplex testing, automated systems, biosensor integration.
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What are the key drivers behind the rapid expansion of the immunochemistry diagnostic devices and equipment market?
An increase in the incidence of target diseases is a major driver for the immunochemistry diagnostic devices and equipment market. The incidence rate of diseases such as viral infections, cardiovascular diseases, cancer, or hormonal disorders is increasing worldwide, mainly due to poor lifestyle choices. For example, according to the American Heart Association, cardiovascular disease is the leading global cause of death, accounting for over 17.6 million deaths per year. This number is expected to grow to over 23.6 million by 2030.
What is the segmentation for the immunochemistry diagnostic devices and equipment market?
The immunochemistry diagnostic devices and equipment market covered in this report is segmented –
1) By Product Type: Immunochemistry Analyzers, Immunochemistry Stainers, Incubators, Microscopes, Centrifuges, Autoclaves, Consumables
2) By Consumables: Antibodies, Antigens, Enzymes, Reagents, Stains, Buffers, Disposables, Other Consumables
3) By Application: Endocrinology, Oncology, Cardiology, Therapeutic Drug Development And Monitoring, Infectious Disease Testing, Drugs Of Abuse Testing, Other Applications
4) By End Users: Hospitals And Clinics, Diagnostic Laboratories, Research Labs And Institutes, Biopharmaceutical And Biotechnology Companies, Other End Users
Subsegments:
1) By Immunochemistry Analyzers: Chemiluminescence Immunoassay (CLIA) Analyzers, Enzyme-Linked Immunosorbent Assay (ELISA) Analyzers, Radioimmunoassay (RIA) Analyzers, Fluorescence Immunoassay (FIA) Analyzers
2) By Immunochemistry Stainers: Automated Stainers, Manual Stainers
3) By Incubators: CO2 Incubators, Shaking Incubators, Heated Incubators
4) By Microscopes: Light Microscopes, Fluorescence Microscopes, Electron Microscopes
5) By Centrifuges: Microcentrifuges, Refrigerated Centrifuges, Ultracentrifuges
6) By Autoclaves: Tabletop Autoclaves, Vertical Autoclaves, Horizontal Autoclaves
7) By Consumables: Reagents and Kits, Test Plates, Filters and Membranes, Microplates and Accessories
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Who are the most influential companies in the immunochemistry diagnostic devices and equipment market?
Major companies operating in the immunochemistry diagnostic devices and equipment market include Abbott Diagnostics, Roche Diagnostics, Siemens Healthcare Diagnostics, Diamond Diagnostics Inc., Dynex Technologies Inc., Grifols S.A., Hycor Biomedical LLC, Immunodiagnostic Systems, Inova Diagnostics, LabCorp, Mindray Medical International Limited, Ortho Clinical Diagnostics, Quest Diagnostics, Randox Laboratories, Sysmex Corporation, ThermoFisher Scientific Inc., Tosoh Bioscience, Danaher Corporation, Johnson & Johnson, Boditech Med Inc., Beckman Coulter Inc., Bio-Rad Laboratories, bioMérieux Clinical Diagnostics, Carolina Liquid Chemistries Corporate, DiaSorin Inc., Agilent Technologies Inc., Merck KGAA, Eagle Biosciences Inc., Biocare Medical LLC, Elabscience Biotechnology Inc., Bio-Genex Laboratories Inc., Diagnostic Biosystem, Histo-Line Laboratories, Rockland Immunochemicals Inc., Abcam plc, Becton Dickinson & Company, Cell Signaling Technology Inc., ImmunoChemistry Technologies LLC, Genemed Biotechnologies Inc., Miltenyi Biotec GmbH, PerkinElmer Inc., Takara Bio. Inc, Immucor Inc., Quidel Corporation
What are the most influential trends expected to drive the immunochemistry diagnostic devices and equipment market forward?
Companies in the immunochemistry diagnostic devices and equipment market are increasingly investing in automated immunoassay systems. This is mainly because automation has led to an increase in the capabilities of diagnostic devices in testing higher volumes of patient specimens. In addition, the development of various integrated clinical chemistry systems has immensely improved the efficiency of the analytical phase of clinical chemistry laboratory testing and led to further automation. For example, ichroma-50 is an automatic immunoassay analyzer of Boditech Med Inc. that measures the concentration of the targeted analyte in body fluids such as blood, urine, and other samples in a few minutes and reduces the labor cost and human error in the process.
What are the major regional insights for the immunochemistry diagnostic devices and equipment market, and which region holds the top position?
North America was the largest region in the global immunochemistry diagnostic devices and equipment market in 2023. Asia-Pacific was the second-largest region in the immunochemistry diagnostic devices and equipment market. The regions covered in the immunochemistry diagnostic devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Immunochemistry Diagnostic Devices And Equipment Market Report 2025 Offer?
The immunochemistry diagnostic devices and equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Immunochemistry diagnostic devices and equipment refer to medical tools used to detect and measure specific proteins, hormones, or other substances in the body by leveraging immune reactions. These devices are used for diagnosing diseases, monitoring treatment, and assessing health conditions through tests like hormone assays, cancer markers, and infectious disease detection. Immunochemistry equipment is crucial in laboratories and healthcare settings for accurate and efficient diagnostic testing.
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