Increasingly favorable reimbursement policies, rising prevalence of autoimmune disorders, and rapidly increasing geriatric population are some key factors fueling market growth.
Increasingly favorable reimbursement policies, rising prevalence of autoimmune disorders, and rapidly increasing geriatric population are some key factors fueling market growth
The global antinuclear antibody test market size is expected to reach USD 3.44 billion by 2028 and register a CAGR of 12.8% over the forecast period, according to the latest report by Reports and Data. Increasing investments for research and development activities and rising awareness about autoimmune diseases are some key factors driving global market revenue growth.
Antinuclear Antibodies (ANA) are antibodies that are produced by an individual’s immune system when it is unable to differentiate between self-cells and foreign particles. These are called antinuclear antibodies as they directly target nucleus of the cell. An antinuclear antibody test is used to detect presence of antinuclear antibodies in the blood. Increasing prevalence of autoimmune diseases, Sjogren’s syndrome, rheumatoid arthritis, and systemic lupus erythematosus is a major factor boosting demand for antinuclear antibody test kits. Rising investments and research on developing advanced products, government initiatives, favorable reimbursement policies, and healthcare insurance schemes are key factors further supporting global market revenue growth.
However, stringent regulatory framework for product approval, high possibility of diagnostic errors, and high costs of equipment are some key factors projected to hamper global market growth going ahead.
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Some key highlights from the report:
- Among the product segments, the reagents and assay kits segment is projected to account for significant revenue share between 2021 and 2028. Factors such as increasing prevalence of autoimmune diseases, high demand for assay kits and reagents, and increasing research to develop more advanced testing kits and reagents to understand these autoimmune diseases are factors fueling global market growth.
- Among the technique segments, the immunofluorescence assay segment accounted for largest revenue share in 2020. Rising demand for immunofluorescence assay technique due to its precise analysis and high sensitivity is boosting segment revenue growth and supporting global market growth.
- Among the application segments, the Systemic Lupus Erythematosus (SLE) segment is expected to account for considerably rapid revenue growth rate over the forecast period, driven by increasing government efforts to promote awareness about SLE and increasing availability of FDA-approved tests for diagnosis of SLE.
- Among the end use segments, the hospital segment is expected to account for largest revenue share in the global antinuclear antibody test market. High revenue share is attributable to factors such as rising prevalence of autoimmune diseases and increasing demand for quick diagnosis.
- Asia Pacific market revenue is expected to expand at a CAGR of 12.2% throughout the forecast period. Rising prevalence of autoimmune diseases, increase in healthcare expenditure, and favorable reimbursement schemes offered by governments are some key factors fueling growth of the Asia Pacific antinuclear antibody market.
- North America is projected to account for robust revenue share between 2021 and 2028 due to factors including rising prevalence of autoimmune diseases, adoption of latest technologies, well-developed healthcare infrastructure, and presence of key players in countries in the region.
- Alere Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), ERBA Diagnostics, Inc. (U.S.), Trinity Biotech plc (Ireland), Thermo Fisher Scientific, Inc. (U.S.), Antibodies, Inc. (U.S.), EUROIMMUN AG (Germany), Immuno Concepts (U.S.), Inova Diagnostics (U.S.), and Zeus Scientific, Inc. (U.S.) are some major players operating in the global antinuclear antibody test market.
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For this study, Reports and Data has segmented the global antinuclear antibody test market based on product, technique, application, end use, and region:
Product Outlook (Revenue, USD Billion, 2018-2028)
- Reagents & Assay Kits
- Systems
- Software & Services
Technique Outlook (Revenue, USD Billion, 2018-2028)
- ELISA
- Immunofluorescence Assay
- Multiplex Assay
Application Outlook (Revenue, USD Billion, 2018-2028)
- Rheumatoid Arthritis
- Systemic Lupus Erythematosus
- Sjogren’s Syndrome
- Scleroderma
- Others
End-use Outlook (Revenue, USD Billion, 2018-2028)
- Hospitals
- Clinical Laboratories
- Physician Office Laboratories
- Others
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Regional Outlook (Revenue, USD Million, 2018 - 2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Rest Of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
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Some points on how the report benefits stakeholders:
- The reports include historical (2018–2020) and forecast (2021–2028) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2028.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
- The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
- Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
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