Enzyme-Linked Immunosorbent Assays (ELISAs) Market Outlook
According to a new report by Expert Market Research titled, “Enzyme-Linked Immunosorbent Assays (ELISAs) Market Size, Share, Analysis, Report and Forecast 2023-2028″, the enzyme-linked immunosorbent assays (ELISAs) market is projected to grow at a CAGR of 3.0% between 2023 and 2028. Aided by the escalating demand for diagnostics and therapeutic monitoring tools and the diversifying applications of ELISAs in numerous sectors, the market is expected to grow significantly by 2028.
Enzyme-linked immunosorbent assays (ELISAs), a form of enzyme immunoassay, is employed in detecting the presence of antigens or antibodies in a sample, serving as a critical tool in laboratory tests. It is crucial for diagnosing illnesses, monitoring disease progression, assessing the creation of vaccines, and monitoring drug levels. Apart from its primary role in diagnostics, ELISAs have shown proficiency in food quality testing, which widens their utility across several industries.
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The increasing emphasis on early diagnosis and preventive healthcare is a key driver of the global enzyme-linked immunosorbent assays (ELISAs) market growth. The demand for diagnostic tools like ELISAs has significantly increased as the prevalence of chronic diseases and infectious diseases has increased. Additionally, ELISAs’ crucial function in overseeing patient therapy and the rising popularity of individualised medicine have also contributed to this phenomenon.
The expanding applications of ELISAs in various sectors significantly contribute to market growth. In the pharmaceutical industry, ELISAs are used for in-process evaluation and quality control of vaccines and therapeutic drugs. In the food industry, ELISAs are employed for detecting potential allergens and contaminants, ensuring food safety.
Further, the rising demand for point-of-care (POC) testing in healthcare settings has led to an increased focus on developing compact and quick ELISA kits. With the advancements in diagnostic technology and the need for rapid and accurate results, ELISAs have emerged as a crucial component in POC testing, thereby propelling the enzyme-linked immunosorbent assays (ELISAs) market expansion.
Nevertheless, ongoing research to enhance the specificity and sensitivity of ELISAs, combined with technological advancements in microplate readers, offer promising growth prospects for the ELISA market. Furthermore, the increase in research activity in the field of zoonotic diseases and drug discovery will continue to provide a favourable environment for the growth of the enzyme-linked immunosorbent assays (ELISAs) market.
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Enzyme-Linked Immunosorbent Assays (ELISAs) Market Segmentation
The market can be divided based on test type, application, and region.
Market Breakup by Test Type
- Sandwich ELISA
- Competitive ELISA
- Indirect ELISA
- Multiple and Portable ELISA
Market Breakup by Application
- Protein Quantification
- Infectious Diseases
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global enzyme-linked immunosorbent assays (ELISAs) companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Thermo Fisher Scientific Inc.
- Becton, Dickinson and Company
- BioLegend, Inc.
- Bio-Rad Laboratories, Inc.
- Enzo Life Sciences, Inc.
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