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Autoimmune Disease Diagnostics Market Trends

  • Report ID: GMI618
  • Published Date: Sep 2024
  • Report Format: PDF

Autoimmune Disease Diagnostics Market Trends

The substantial surge in the number of patients affected by autoimmune diseases is among the major factors propelling market growth in the foreseeable future. Type 1 diabetes, rheumatoid arthritis, psoriatic arthritis, and inflammatory bowel disease are some of the most common conditions that require autoimmune diagnostics and treatment.
 

  • Type 1 diabetes is a chronic ailment generally caused when the immune system attacks and destroys insulin-producing cells in the pancreas. This results in high blood sugar levels, which, if left untreated, may lead to multiple organ failures, including the heart, kidneys, nerves, and more.
     
  • For instance, according to reports published by the International Diabetes Federation in 2021, over 1.2 million children and adolescents under the age of 19 are affected by Type 1 diabetes, and the numbers are steadily increasing. Moreover, according to the American Diabetes Association, in 2019, over 1.9 million Americans were suffering from Type 1 diabetes. The increasing prevalence of such diseases leads to significant health consequences and comorbidities, resulting in substantial mortality.
     
  • As a result, with the surging patient population, the market is anticipated to see a significant rise in the adoption of autoimmune disease diagnostics soon.
Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The autoimmune disease diagnostics industry was valued at USD 5.3 billion in 2023 and is anticipated to witness 5.9% CAGR from 2024 to 2032, led by rising incidence of autoimmune diseases and the adoption of automation in equipment

The hospitals end-use segment accounted for 53.5% of the market share in 2023 owing to the surged adoption of autoimmune disease diagnostic procedures in hospitals associated to complex interventional surgeries.

North America autoimmune disease diagnostics industry size was USD 1.9 billion in 2023 attributed to rising autoimmune disease burden, and increasing healthcare expenditure

Abbott Laboratories, Bio-Rad Laboratories, Inc., DIAsource ImmunoAssays SA, Euroimmun AG (Perkin Elmer), F. Hoffmann-la Roche Ltd., Hemagen Diagnostics, Myriad Genetics, Quest Diagnostics, Siemens Healthineers Inc., SQI Diagnostics Inc., and Thermo Fisher Scientific Inc.

Autoimmune Disease Diagnostics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 234
  • Countries covered: 24
  • Pages: 190
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