Last Updated: 31-07-2025 | Format: PDF | Report ID:20309 | Author: Ankita R
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $3,500 Million |
| What is the projected market size by 2035? | $6,400 Million |
| What is the market CAGR from 2025 to 2035? | 6.2% |
| Which region dominates the market? | United States (78%) |
| Which product/service type dominates the market? | Reagents & Consumables (68%) |
| Which application leads the market? | Oncology (35%) |
| Who are the major buyers? | Hospital Laboratories (54%), Reference Laboratories (27%) |
| What are the key market growth drivers? | Increasing prevalence of chronic and infectious diseases; Rising investments in laboratory automation and adoption of advanced technology in diagnostics labs across the US and Canada |
| What are the major market challenges? | High initial investment costs associated with acquiring advanced chemiluminescence immunoassay instruments can limit adoption among small and medium labs; Complexity in regulatory approval processes for new assay reagents and instruments |
| What is the forecast period? |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| 2026–2035 |
| Who are the key market players? | Abbott Laboratories, F. Hoffmann-La Roche Ltd, Danaher Corporation, Siemens Healthineers, bioMérieux SA, Sysmex Corporation, Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Beckman Coulter, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Ortho Clinical Diagnostics, DiaSorin S.p.A., Maccura Biotechnology Co., Ltd., Tosoh Corporation, Other Prominent Players |
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