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Immunofluorescence Assay Market Size

  • Report ID: GMI9818
  • Published Date: Jun 2024
  • Report Format: PDF

Immunofluorescence Assay Market Size

Immunofluorescence Assay Market was valued at around USD 2.6 billion in 2023 and is estimated to grow at 5.1% CAGR from 2024 to 2032. Immunofluorescence assay (IFA) is a laboratory technique used to detect the presence of specific antigens or antibodies in a sample by using fluorescently labeled antibodies.

 

The global incidence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and autoimmune disorders is rising, necessitating regular monitoring and diagnostic testing, The demand for accurate and efficient diagnostic tools such as IFAs has surged with the increasing patient population, a trend expected to continue stimulating the market growth. Furthermore, recent technological advancements in immunofluorescence assays (IFAs) have significantly enhanced their sensitivity and specificity, improving their reliability for detecting low-abundance biomarkers. Automated systems have streamlined the assay process, reduced human error, and increased throughput, particularly benefiting high-volume clinical laboratories, and driving market growth.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of Immunofluorescence assay was reached USD 2.6 billion in 2023 and is estimated to grow at 5.1% CAGR from 2024 to 2032, owing to the increasing prevalence of chronic diseases.

The antibodies segment in the immunofluorescence assay market is predicted to hit USD 1.5 billion by 2032, as infectious diseases necessitate advanced diagnostics.

U.S. immunofluorescence assay market is projected to cross USD 1.5 billion by 2032, attributed to the rising incidence of chronic diseases in the U.S., such as cancer, autoimmune disorders, and infectious diseases.

Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Cell Signaling Technology, Inc., Danaher Corporation, EpigenTek Group Inc., MaxVision Biosciences Inc., Medipan GmbH, Merck & Co., Inc., J. Mitra & Co. Pvt. Ltd., Nikon Corporation, Olympus Corporation, and PerkinElmer, Inc., among others.

Immunofluorescence Assay Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 284
  • Countries covered: 23
  • Pages: 167
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