Enzyme-linked Immunosorbent Assay (Elisa) Market- Roadmap for Recovery from COVID-19|Increasing Incidences Of Cancer to Boost the Market Growth | Technavio

Technavio has been monitoring the enzyme-linked immunosorbent assay (Elisa) market and it is poised to grow by USD 124.55 mn during 2020-2024, progressing at a CAGR of about 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

• What are the major trends in the market?
  Rising demand for frequent diagnostic testing for aging population is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 3.99% and the incremental growth of the market is anticipated to be $ 124.55 mn.
• Who are the top players in the market?
  Abbott Laboratories, Abcam Plc, Avantor Inc., bioMerieux SA, Bio-Rad Laboratories Inc., Danaher Corp., Eppendorf AG, GlaxoSmithKline Plc, Siemens Healthineers AG, and Thermo Fisher Scientific Inc., are some of the major market participants.
• What is the key market driver?
  The increasing incidences of cancer is one of the major factors driving the market.
• How big is the APAC market?
  The APAC region will contribute 40% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Abcam Plc, Avantor Inc., bioMerieux SA, Bio-Rad Laboratories Inc., Danaher Corp., Eppendorf AG, GlaxoSmithKline Plc, Siemens Healthineers AG, and Thermo Fisher Scientific Inc. are some of the major market participants. The increasing incidences of cancer will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Enzyme-linked Immunosorbent Assay Market 2020-2024: Segmentation

Enzyme-linked Immunosorbent Assay Market is segmented as below:

• End-user
  • Hospitals And Diagnostics Center
  • Research Laboratories
  • Others
• Geographic Landscape
  • North America
  • APAC
  • Europe
  • South America
  • MEA

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Enzyme-linked Immunosorbent Assay Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The enzyme-linked immunosorbent assay market report covers the following areas:

• Enzyme-linked Immunosorbent Assay Market Size
• Enzyme-linked Immunosorbent Assay Market Trends
• Enzyme-linked Immunosorbent Assay Market Industry Analysis

This study identifies rising demand for frequent diagnostic testing for the aging population as one of the prime reasons driving the enzyme-linked immunosorbent assay market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Enzyme-linked Immunosorbent Assay Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist enzyme-linked immunosorbent assay market growth during the next five years
• Estimation of the enzyme-linked immunosorbent assay market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the enzyme-linked immunosorbent assay market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of enzyme-linked immunosorbent assay market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user placement
• Hospitals and diagnostic centers - Market size and forecast 2019-2024
• Research laboratories - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Abbott Laboratories
• Abcam Plc
• Avantor Inc.
• bioMerieux SA
• Bio-Rad Laboratories Inc.
• Danaher Corp.
• Eppendorf AG
• GlaxoSmithKline Plc
• Siemens Healthineers AG
• Thermo Fisher Scientific Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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