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The immunoassay market size is projected to reach a value of USD 8.64 billion with a CAGR of 4.42% between 2023 and 2028. The market is experiencing significant growth, primarily driven by the rising geriatric population. This demographic shift is attributed to improved living standards and advancements in healthcare, leading to longer life expectancies globally. As the population ages, there is an increased prevalence of chronic diseases and age-related illnesses, including cancer and autoimmune disorders, driving the demand for cancer immunotherapy. Immunoassays are critical in this context, as they play a vital role in diagnosing and monitoring these conditions and in supplementing immunodiagnostics. They enable the identification of genetic risk factors for various diseases, facilitating targeted screening and prevention strategies. By providing precise and reliable diagnostic results, immunoassays support the early detection and management of chronic diseases, ultimately improving patient outcomes. This increasing reliance on immunoassays in healthcare underscores their growing importance in the global market, driven by the need to address the health challenges associated with an aging population.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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