Antinuclear Antibody Market Size to Grow at a CAGR of 12.3% During the Forecast Period 2021–2026
Increasing Prevalence of Autoimmune Diseases Is Driving the Growth of Antinuclear Antibody Market
Hyderabad, India – July 20, 2021 /MarketersMedia/ —
Antinuclear Antibody Market size is estimated at $1.3 billion in 2020, projected to grow at a CAGR of 12.3% during the forecast period 2021-2026. The Antinuclear Antibody (ANA) is a class of auto antibodies produced by a person’s immune system. Antinuclear antibody testing is majorly utilized to understand the auto-immune conditions including Systemic lupus erythematosus and rheumatoid arthritis.
Antinuclear Antibody Market Segment Analysis – By Test Type:
Based on Test Type, Indirect Immunofluorescence Assay accounted for the largest revenue market share in 2020 owing to its increased popularity as the gold standard for ANA research. Clinical preference grew as a result of the highly sensitive and fast test results compared to other techniques. Furthermore, their ability to recognize different patterns, such as nucleolar, speckled, and homogeneous, Systemic lupus erythematosus which indicate autoantibodies linked to diseases, is fueling the segment’s development and is expected to drive market growth. Enzyme-Linked Immunosorbent Assay (ELISA) segment is anticipated to grow with the fastest CAGR of 12.8% in the forecast period 2021-2026.
Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=508521
Report Price: $5900 (Single User License)
Antinuclear Antibody Market Segment Analysis – Disease Indication:
Based on Disease Indication, Rheumatoid Arthritis accounted for the largest revenue market share in 2020 owing to the growth in elderly population who are suffering from rheumatoid arthritis around the world. Rheumatoid Arthritis is basically a inflammatory ailment which affects the eyes, skin, lungs, blood vessels and heart. When a patient’s immune system attacks its own body’s tissues, this disease develops. Arthritis affects about one out of every three people aged 18 to 64, according to the Arthritis Foundation. Systemic Lupus Erythematosus is projected to witness the fastest CAGR of 12.9% during the forecast period 2021-2026.
Antinuclear Antibody Market Segment Analysis – By Geography:
Based on Geography, North America Antinuclear Antibody Market accounted for the 36% revenue share in 2020 attributed to a number of factors, including an aging population that is more susceptible to infections due to reduced immunity, Systemic lupus erythematosus resulting in a high demand for early detection and successful care. According to a study published by the Centers for Disease Control and Prevention (CDC) in December 2019, GBS can affect people of any age group, but the prevalence of GBS is increasing in people over 65, necessitating a large demand due to the large geriatric population in the United States.
Antinuclear Antibody Market Drivers
The Increasing Prevalence Of Autoimmune Diseases:
Antibodies help to protect the body by boosting the immune system. Antinuclear antibodies that are detected in a body indicates that the body has an autoimmune ailment. Autoimmune ailments affect around 23.5 million Americans, according to the National Institutes of Health. In addition, according to Connect Immune Research, the costs of only three autoimmune disorders, namely type 1 diabetes, rheumatoid arthritis, Systemic lupus erythematosus and multiple sclerosis, total more than £13 billion a year in the United Kingdom aiding growth towards the Antinuclear Antibody Industry.
Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=508521
Antinuclear Antibody Market Challenges
Dearth of Skilled Professional:
The Antinuclear Antibody Market is projected to be hampered by the constant rise in patient numbers, as well as the number of tests conducted with upgraded equipment, has made it difficult to find qualified clinicians who can conduct these tests. To a shortage of staff in the research units, the increasing amount of tests conducted cannot be met. According to the Bureau of Labor Statistics, the demand for lab jobs in the United States has increased by 13% in the last year. As a result, a shortage of qualified professionals disrupts the smooth operation of antibody testing and acts as a hindrance to its market development.
Antinuclear Antibody Market Landscape:
Antinuclear Antibody Market top 10 companies are Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd., Antibodies, Inc., Inova Diagnostics, Zeus Scientific, Inc., Alere Inc., Bio-Rad Laboratories, Inc., ERBA Diagnostics, Inc., Trinity Biotech plc. and Becton Dickinson and Company.
Acquisitions/Product Launches:
In October, 2019, Becton Dickinson & Company launched BD Intevi 1mL, a two-step disposable autoinjector. It is a device which combines a pre-fillable syringe and an autoinjector in one integrated system. The BD Intevia 1mL’s architecture allows the pharmaceutical industry to use it for a wide range of drugs without having to change the device components. Combination products that are optimized can help to prevent problems caused by poorly integrated systems.
Key Takeaways
Antinuclear antibody (ANA) market growth is being driven by technological advances, adoption of new techniques, and the prevalence of various autoimmune diseases.
Geographically, North America Antinuclear Antibody Market held the largest revenue share of 36% in 2020 owing to the involvement of potential players who are developing innovative products, advances in medical device technology, high investments in R&D and support of government. In the final report, the scope of the Antinuclear Antibody Market for various regions will be given.
The Antinuclear Antibody Industry is expanding owing to enhanced R&D efforts by companies to develop quick, cost-effective, and new technology-based Antinuclear Antibody for the treatment of Rheumatoid Arthritis.
Infections caused by the Epstein–Barr virus, Campylobacter jejuni, and other bacteria are also expected to push the Antinuclear Antibody industry.
Related Reports :
A. Medical Devices Reimbursement Market
https://www.industryarc.com/Report/19500/medical-devices-reimbursement-market.html
B. Antibody Production Market
https://www.industryarc.com/Research/Antibody-Production-Market-Research-504143
For more Lifesciences and Healthcare Market reports, please click here
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.
Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: (+1) 970-236-3677
Website: https://www.industryarc.com/
Source: MarketersMedia
Release ID: 89037073
Copyright © 1999-2013 SproutNews.com
