Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market to Showcase High Growth of 4.5 % CAGR during 2020- 2026

Posted On August 26, 2020     

ELISA Testing Market was valued at around USD 500 million in 2019 and is expected to grow at CAGR of around 4.5% during the forecast period as per the published market study by Value Market Research. Rapidly increasing cases of infections across the globe will be the main steering force for the ELISA testing market. Growing demand for cost-effective testing methods to diagnose various diseases will contribute to this market's growth to a greater extent. Rapid urbanization, unhealthy lifestyles, and the rising geriatric population prone to infectious diseases will be a market booster. Continuous research and development activities to find innovative and novel testing solutions will be significant contributors to the market growth. Expanding automation of the healthcare industry will play a vital role in the growth of this testing method. The introduction of new and advanced testing techniques and lack of awareness will hinder this market's growth.

Enzyme-linked immunoabsorbent assay testing is used to detect and measure antibodies or infectious agents in a blood sample. It is generally used as a diagnostic screening tool to diagnose Lyme disease, HIV, rotavirus, syphilis, etc. This serological test is simple and straightforward and uses enzymatic markers to detect a specific antibody, peptide, hormone, or protein in the sample. There are several categories of ELISA tests available based on the antibodies being tested and the analytes used. This testing tool is also used in various other industries like the food industry to detect food allergens and toxicology to screen rapidly for certain drug classes.

The initial sections of the report "Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Report By Test Type (Direct ELISA, Indirect ELISA, Sandwich ELISA, Competitive ELISA), By Application (Vaccine Development, Immunology, Diagnostics, Toxicology, Drug Monitoring & Pharmaceutical Industry, Transplantation) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The enzyme-linked immunosorbent assay (elisa) testing market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of Test Type the market is segmented into Direct ELISA, Indirect ELISA, Sandwich ELISA, Competitive ELISA. By Application the enzyme-linked immunosorbent assay (elisa) testing market is categorised as Vaccine Development, Immunology, Diagnostics, Toxicology, Drug Monitoring & Pharmaceutical Industry, Transplantation. The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.

The Report Segments Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market -
By Test Type

  • Direct ELISA
  • Indirect ELISA
  • Sandwich ELISA
  • Competitive ELISA

By Application

  • Vaccine Development
  • Immunology
  • Diagnostics
  • Toxicology
  • Drug Monitoring & Pharmaceutical Industry
  • Transplantation

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Players Profiled In the Report:
Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., ALPCO, BioLegand, Inc., Enzo Life Sciences, Inc., Zeus Scientific, Inc., Shenzen YHLO Biotech Co. Ltd., Ortho-Clinical Diagnostics, Inc., R & D Systems Inc., BD Biosciences.

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