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Radioimmunoassay Market

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Radioimmunoassay (RIA) is one of the most frequently used in-vitro assay techniques to measure the concentration of antigens in blood.
Radioimmunoassay Market - Size, Outlook, and
Opportunity Analysis, 2018-2026
Radioimmunoassay (RIA) is one of the most frequently used in-vitro assay techniques to
measure the concentration of antigens in blood. The principle on which radioimmunoassay
based on competitive binding assay. In this technique, antibody and antigen bind to one
another and the amount of bound antigen is measured using radioimmunoassay. This method is
hypersensitive in nature and can measure even the smallest amount of hormone or drug level
with the help of antibodies. Immunoassays play a significant role in the analysis of various
clinical laboratory analytes such as nucleic acid, hormones, proteins, and drugs. The
development of assays with much more sensitivity will lead to the discovery of new biomarkers
for diagnosis of diseases. Over the years, the importance of radioimmunoassay in the field of
medical diagnostics has increased due to various factors such as specificity of results, accuracy,
sensitivity, and precision. The three main factors involved in radioimmunoassay include bound
antigen, a radio labelled antigen, and a pure antigen, along with a separation unit to estimate
the delivery of radioactivity in free and bound antigens. Radioimmunoassay methods are used
in several fields of disease diagnosis such as in early detection and diagnosis of cancer, other
chronic diseases, and diagnosis of neurodegenerative disorders. In biotechnology and
pharmaceutical industry, radioimmunoassay is used for drug testing.
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Radioimmunoassay Market – Dynamics
Radioimmunoassay market is projected to witness significant growth over the forecast period,
owing to rising prevalence of various infectious diseases and cancer. For instance, according to
the 2018 American Cancer Society report, cancer was responsible for around 609,640 cancer
deaths in the U.S. Moreover, the use of radioimmunoassay procedures in pharmaceutical
industries, contract research organizations, and research centers is expected to drive growth of
the radioimmunoassay market size over the forecast period. Furthermore, increasing demand for
healthcare automation and high throughput procedures in diagnostic labs and research centers
to ensure satisfaction of customers and patients with error free results are other factors that are
expected to drive growth of radioimmunoassay market over the forecast period.
However, high cost of equipment required for procedures and hazardous radioactive material in
the assay are factors that are expected to hamper growth of the global radioimmunoassay
market.
Report includes chapters which deeply display the following deliverable about industry :
• Radioimmunoassay Market Research Objective and Assumption
• Radioimmunoassay Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Radioimmunoassay Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Radioimmunoassay Market, By Regions
• Radioimmunoassay Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Radioimmunoassay Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Radioimmunoassay Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Radioimmunoassay Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Radioimmunoassay Market – Regional Insights
On the basis of region, radioimmunoassay market is segmented into North America, Europe,
Latin America, Asia Pacific, Middle East, and Africa. North America holds dominant position in
the market, owing to rising adoption of technologically advanced devices, awareness among the
people, high infection rates, better medical facilities, and rising adoption of innovative products.
Moreover, government support towards the infection-free states is also increasing growth of
radioimmunoassay market. For instance, according to 2015 National Ambulatory Medical Care
survey, 16.8 million number of visits to physician offices for infectious and parasitic diseases
were recorded.
Asia Pacific is expected to witness significant growth in the market over the forecast period,
owing to large number of population vulnerable to various chronic diseases and increasing
healthcare research activities. For instance, the World Health Organization (WHO) report in
2011 estimates that around 37% of perinatal conditions, 35% of nutritional deficiencies, 33% of
maternal conditions, 30% of respiratory infections, and 27% of the global burden of infectious
and parasitic diseases are prevalent in this region.
Radioimmunoassay Market – Competitive Landscape
Key players operating in the global radioimmunoassay market include DRG international, Inc.,
DIAsource ImmunoAssays, IBL Internationa, MP Biomedicals, Beckman Coulter, Inc.,
PerkinElmer, Inc., Dia Dorin S.p.A., Cisbi, EMD Millipore, Berthold Technologies GmbH, LLC,
Euro Diagnostica, and Izotop. Major players are focused towards adopting new strategies such
as collaboration and increasing R&D funding to strengthen their product portfolio and retain
their position in the market. For instance, in 2016, Italian firm DiaSorin S.p.A acquired Quest
Diagnostics’ immunoassay products and molecular diagnostics business for US$ 300 million.
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Radioimmunoassay Market – Taxonomy
On the basis of product type, the global radioimmunoassay market is segmented into:
• Kits and Reagents
• Analyzers
On the basis of application, the global radioimmunoassay market is segmented into:
• Scientific Research
• Medical Diagnosis
On the basis of end user, the global radioimmunoassay market is segmented into:
• Academic Research Institute
• Contract Research Organizations
• Hospitals
• Pharmaceutical and Biotechnology Industry
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge369   documents Email
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