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Autoimmune Disease Diagnosis Market Size Worth USD 7.37 Billion at CAGR of 8.7%, By 2027 | Top Players- Siemens, Danaher, Thermo Fisher Scientific.

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Autoimmune Disease Diagnosis Market Size Worth USD 7.37 Billion at CAGR of 8.7%, By 2027 | Top Players- Siemens, Danaher, Thermo Fisher Scientific.

April 19
21:02 2021
Autoimmune Disease Diagnosis Market Size Worth USD 7.37 Billion at CAGR of 8.7%, By 2027 | Top Players- Siemens, Danaher, Thermo Fisher Scientific.

Reports and Data
The Global Autoimmune Disease Diagnosis Market is forecasted to grow at a rate of 8.7% from USD 3.76 billion in 2019 to USD 7.37 Billion in 2027.

The elevating incidence rate of autoimmune diseases across the globe and the growing number of researches on autoimmune disease diagnosis are boosting the market demand.

Market Size – USD 3.76 billion in 2019, Market Growth – CAGR of 8.7%, Market trends –Advancement in technology.

The global Autoimmune Disease Diagnosis Market is forecast to reach USD 7.37 Billion by 2027, according to a new report by Reports and Data. An increase in awareness of the autoimmune disease through education, research, and advocacy will drive the market demand.

A condition in which one’s immune system mistakenly attacks your body, it is known as an autoimmune disease. Normally, the immune system generally guards the body against foreign invaders, but when one has this disease, the immune system mistakes a part of the body as foreign and starts attacking healthy cells.

Multiple Sclerosis is a disabling condition of the central nervous system that impairs the flow of information within the brain and between the body and the brain. Increasing research related to the signs and treatments related to the disease is expected to drive the market growth. Another challenge faced by the Multiple Sclerosis therapeutics market is the lack of awareness among the people associated with the Multiple Sclerosis condition. The demand for Multiple Sclerosis is expected to increase owing to the new drug developments for treating Multiple Sclerosis, which in turn will drive the demand for the autoimmune disease diagnosis market.

Key participants include Siemens, Danaher, Thermo Fisher Scientific, Grifols, Abbott, Bio-Rad Laboratories, Werfen, Trinity Biotech, Hycor Biomedical, and Euroimmun, among others.

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Further key findings from the report suggest

  • Consumables and Assay Kits dominated the market for autoimmune disease diagnostic and is forecasted to grow with a CAGR of 8.2% during the forecast period. The segment is driven by an increasing need for rapid diagnosis of autoimmune disease.
  • Rheumatoid arthritis is an inflammatory disease that affects the joints. The condition worsens over time unless the inflammation is slowed or stopped. The disease rarely goes into remission without treatment. Statistics show that out of every 100,000 people, 41 are diagnosed with RA every year. Women are about 2-3 times more likely to get RA than men. Hormones in both genders may play a role in either preventing or triggering it.
  • Hospital pharmacies are expected to hold a larger market share owing to an increase in the autoimmune disease consultations in clinics and hospitals. The prolonged use of these medications can lead to drug resistance, which compels the patients to refer to a rheumatologist and follow guided therapies. Moreover, the number of OTC Drugs available for treatment is insufficient, which, in turn, is further propelling the growth of this segment.
  • The market in Asia-Pacific is anticipated to witness high growth during the forecast period owing to the increasing healthcare expenditure. Furthermore, the low cost of manufacturing in India and China has resulted in an increase in the production facilities, which attracts pharmaceutical and biotechnological giants to the region.


To identify the key trends in the industry, click on the link below: @
https://www.reportsanddata.com/report-detail/autoimmune-disease-diagnosis-market

For the purpose of this report, Reports and Data have segmented the global Autoimmune Disease Diagnosis Market on the basis of Product, Test Type, Disease, End User, and region:

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Instruments
  • Consumables and Assay Kits


Test Type Outlook (Revenue, USD Billion; 2017-2027)

  • Inflammatory markers
  • Routine laboratory tests
  • Autoantibodies and immunologic tests
  • Others tests

 

Disease Outlook (Revenue, USD Billion; 2017-2027)

  • Systemic Lupus Erythematosus
  • Thyroiditis
  • Rheumatoid Arthritis
  • Sjögren’s Syndrome
  • Scleroderma
  • Others


End-User Outlook (Revenue, USD Billion; 2017-2027)

  • Hospitals
  • Clinical Laboratories
  • Other


Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • U.K
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • MEA
    • Saudi Arabia
    • UAE
    • Rest of MEA


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Table of Content:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Autoimmune Disease Diagnosis Market Segmentation & Impact Analysis
    4.1. Autoimmune Disease Diagnosis Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing awareness for autoimmune diseases
                    4.2.2.2. High prevalence for autoimmune disease
          4.2.3. Market restraints analysis
                    4.2.3.1. High capital requirement
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. ETOP Analysis
    4.6. Porter’s Five Forces Analysis
    4.7. Competitive Metric Space Analysis
    4.8. Price trend Analysis
    4.9. Customer Mapping
    4.10. Covid-19 Impact Analysis
    4.11. Global Recession Influence

Chapter 10. Competitive Landscape
    10.1. Market Revenue Share By Manufacturers
    10.2. Manufacturing Cost Breakdown Analysis
    10.3. Mergers & Acquisitions
    10.4. Market positioning
    10.5. Strategy Benchmarking
    10.6. Vendor Landscape

Chapter 11. Company Profiles
    11.1. Siemens
          11.1.1. Company Overview
          11.1.2. Financial Performance
          11.1.3. Technology Insights
          11.1.4. Strategic Initiatives
    11.2. Danaher
          11.2.1. Company Overview
          11.2.2. Financial Performance
          11.2.3. Technology Insights
          11.2.4. Strategic Initiatives
    11.3. Thermo Fisher Scientific
          11.3.1. Company Overview
          11.3.2. Financial Performance
          11.3.3. Technology Insights
          11.3.4. Strategic Initiatives
    11.4. Grifols
          11.4.1. Company Overview
          11.4.2. Financial Performance
          11.4.3. Technology Insights
          11.4.4. Strategic Initiatives
    11.5. Abbott
          11.5.1. Company Overview
          11.5.2. Financial Performance
          11.5.3. Technology Insights
          11.5.4. Strategic Initiatives
    11.6. Bio Rad Laboratories
          11.6.1. Company Overview
          11.6.2. Financial Performance
          11.6.3. Technology Insights
          11.6.4. Strategic Initiatives

Continue….

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