The research report “Autoimmune Disease Diagnostics Market
Size by Product (Systemic {Rheumatoid Arthritis, Ankylosing Spondylitis,
Systemic Lupus Erythematosus (SLE)}, Localized), Industry Analysis Report,
Regional Outlook (U.S., Canada, Germany, U.K, France, Spain, Italy, Japan,
China, India, Australia, Brazil, Argentina, Mexico, South Africa, Saudi Arabia)
Application Potential, Price Trends, Competitive Market Share & Forecast,
2017 – 2024”,
by
Global Market Insights, Inc.,
Autoimmune Disease Diagnostics Market size is set to exceed USD
16 billion by 2024.
Rising
prevalence of autoimmune disorders such as rheumatoid arthritis, Hashimoto’s
thyroiditis, type 1 diabetes and Grave’s disease will drive the global
autoimmune disease diagnostics market. Growing patient awareness levels
pertaining to autoimmune diseases due to the launch of national awareness
campaigns will further fuel industry expansion.
Presence
of favorable government initiatives such as The Cooperative Study Group for
Autoimmune Disease Prevention (CSGADP) and NIH’s HLA Region Genetics in
Immune-Mediated Diseases Consortium for autoimmune diseases diagnosis and
treatment will augment industry growth.
Advancement
in technology such as lab automation developed to cater the need of increasing
diagnostic procedures is another growth rendering driver. Moreover, favorable
research funding programs conducted by various organizations and NIH to reduce
cost burden for these diseases will favor industry expansion.
Lack
of skilled healthcare professionals and experts coupled with long and complex
diagnosis process for autoimmune disease will hamper business growth. Low lab
automation rate leads to increasing diagnosis turnaround time which further
impedes the market growth.
Browse key industry insights spread across 100 pages with 59 market data tables & 11 figures & charts
from the report Autoimmune Disease Diagnostics
Market in detail along with the table of contents:
Localized
autoimmune disease diagnostics held higher market share in 2016 and should show
a similar trend over the forecast years owing to the increasing prevalence of
gastrointestinal autoimmune diseases such as Crohn’s disease, Grave’s disease
and multiple sclerosis affecting the specific organ. Systemic disease
diagnostics is poised to be the fastest growing segment with a CAGR of 3.9%
owing to rising cases of rheumatoid arthritis (RA) and systemic lupus erythematosus
(SLE) across the globe.
UK
autoimmune disease diagnostics market should witness considerable growth over
the coming years. Increasing prevalence of systemic disorders such as
rheumatoid arthritis coupled with improving public awareness levels through
efforts of organizations such as National Rheumatoid Arthritis Society (NRAS) should
augment regional growth.
China
autoimmune disease diagnostic market should grow at robust rate with growing
prevalence of autoimmune pancreatitis, improving healthcare infrastructure
coupled with increased R&D efforts and rising patient awareness levels.
Some
of the key industry players operating in global autoimmune disease diagnostics
market are Siemens Healthcare, Roche Diagnostics, Abbott Laboratories,
BioMerieux, EUROIMMUN and Quest Diagnostics.
The
industry players attempt to enhance their market foothold by opting strategies
such as agreements and partnerships. The companies are also developing
cost-effective solutions and modules for ease in detection of autoimmune
disorders. For instance, in July 2016, FDA cleared Inova diagnostics’ QUANTA
Flash dsDNA, QUANTA Flash Scl-70 and QUANTA Flash Jo-1 which aids in the early
diagnosis of systemic lupus erythematosus.
Molecular Diagnostics Market Size By Infectious
Disease (Flu, Tuberculosis, Meningitis, RSV Virus, Hepatitis B, Hepatitis C,
HPV, STD, HIV, Dengue, Gonorrhea, Chlamydia, TORCH, H. Pylori), By Technology
(PCR, Real-Time PCR, DNA/RNA Purification), Industry Analysis Report, Regional
Outlook (U.S., Canada, Germany, UK, France, Spain, Portugal, Italy, Russia,
Denmark, Norway, Sweden, Israel, Japan, China, India, Sri Lanka, Pakistan,
Philippines, South Korea, Australia, New Zealand, Vietnam, Thailand, Mexico,
Brazil, Argentina, Colombia, Chile, Peru, South Africa, Nigeria, Morocco,
Egypt, KSA, UAE, Jordan, Qatar), Application Potential, Price Trend,
Competitive Market Share & Forecast, 2016 - 2023
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