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Global Autoimmune Disease Diagnosis Market to Grow at 5.4% During 2024-2032, Spurred by Advent of Advanced Technologies

September 11, 2020 | Healthcare

According to the latest report by IMARC Group, titled "Autoimmune Disease Diagnosis Market Report by Product Type (Consumables and Assay Kits, Instruments), Disease Type (Systemic Autoimmune Disease, Localized Autoimmune Disease), Test Type (Routine Laboratory Tests, Inflammatory Markers, Autoantibodies and Immunologic Tests, and Others), End-User (Clinical Laboratories, Hospitals. and Others), and Region 2024-2032," the global autoimmune disease diagnosis market reached a value of US$ 3.9 Billion in 2023. An autoimmune disease refers to a medical condition that results from an abnormal immune response to a normally functioning body part. The immune system is unable to distinguish between healthy tissues and potentially harmful antigens in this condition. As a result, it releases proteins called autoantibodies to attack the healthy cells that destroy the functioning cells, tissues, and organs of the body. At present, more than 80 types of autoimmune disorders have been identified by scientists that include type I diabetes, psoriasis, rheumatoid arthritis, multiple sclerosis and inflammatory bowel disease. The diagnosis of these diseases requires a combination of physical examination, antinuclear antibody test (ANA), C-reactive protein (CRP), tissue biopsy and X-rays in order to determine the nature and severity of the condition.

Global Autoimmune Disease Diagnosis Market Trends:

The global market is primarily driven by the growing prevalence of numerous autoimmune disorders, along with the increasing demand for precise and efficient diagnostic solutions. This has led to the adoption of advanced technologies to conduct multiple tests simultaneously with faster and accurate results. These technologies are also focused on providing an improved diagnosis with higher sensitivity, which is providing an impetus to the market growth. In addition to this, there has been a rising preference for laboratory automation. This, along with the increasing healthcare expenditure, is acting as a major growth-inducing factor. Moreover, numerous government and non-government organizations (NGOs) are undertaking initiatives to spread awareness regarding the diagnosis and treatment of autoimmune disorders. Several research and diagnostics institutes are also investing in programs that aim to develop improved diagnostic methods and novel therapeutic solutions for these medical disorders, which, in turn, is expected to create a positive outlook for the market. On account of the aforementioned factors, the market is expected to grow at a CAGR of 5.4% during 2024-2032.

Market Summary:

  • On the basis of the product type, the market has been bifurcated into consumables and assay kits, and instruments.
  • Based on the disease type, the market has been divided into systemic autoimmune disease [rheumatoid arthritis, psoriasis, systemic lupus erythematosus (SLE), multiple sclerosis and others] and localized autoimmune disease (inflammatory bowel disease, type 1 diabetes, thyroid and others).
  • On the basis of the test type, the market has been classified into routine laboratory tests, inflammatory markers, autoantibodies and immunologic tests, and others.
  • Based on the end-user, the market has been categorized into clinical laboratories, hospitals and others.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Abbott Laboratories, AESKU.GROUP, Danaher Corp., bioMérieux SA, Bio-Rad Laboratories, Inc., PerkinElmer Inc., Hemagen Diagnostics, Inc., Inova Diagnostics, Inc., Myriad Genetics, Inc., Quest Diagnostics Incorporated, Siemens Healthineers AG, SQI Diagnostics, Thermo Fisher Scientific Inc., and Trinity Biotech plc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Disease Type, Test Type, End-User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered  Abbott Laboratories, AESKU.GROUP, Danaher Corp., bioMérieux SA, Bio-Rad Laboratories, Inc., PerkinElmer Inc., Hemagen Diagnostics, Inc., Inova Diagnostics, Inc., Myriad Genetics, Inc., Quest Diagnostics Incorporated, Siemens Healthineers AG, SQI Diagnostics, Thermo Fisher Scientific Inc., and Trinity Biotech plc
Customization Scope 10% Free Customization
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Global Autoimmune Disease Diagnosis Market to Grow at 5.4% During 2024-2032, Spurred by Advent of Advanced Technologies
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