Radioimmunoassay Market Trends, Share, Industry Size, and Forecast By 2030
Radioimmunoassay market analysis report gives an examination of a range of segments that are relied upon to witness the quickest development amid the estimate forecast frame. The data and information covered in the report are obtained from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. The company profiles of all the key players and brands that are dominating the Radioimmunoassay market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report.
Data Bridge Market Research analyses that the market is growing with a CAGR of 4.1% in the forecast period of 2023 to 2030 and is expected to reach USD 618.44 million by 2030.
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Radioimmunoassay is a heterogeneous assay that employs a radiolabeled drug (typically 125i), the competitive binding assay theory that underpins radioimmunoassay. In this method, antigen and antibody bind to one another, and radioimmunoassay is used to determine how much antigen is bound. With the aid of antibodies, this method's hypersensitivity allows it to detect even the tiniest hormone or medication levels.
Global Radioimmunoassay Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
INCREASE IN THE DEMAND FOR ERROR-FREE AND ACCURATE RESULTS OF HIGH THROUGHPUT AND AUTOMATED PROCEDURES
Radioimmunoassay is a heterogeneous assay that employs a radiolabeled drug (typically 125i), the competitive binding assay theory that underpins radioimmunoassay. In this method, antigen and antibody bind to one another, and radioimmunoassay is used to determine how much antigen is bound.
Some of the major players operating in the global radioimmunoassay market are PerkinElmer Inc., Merck KGaA, Beckman Coulter, Inc., Abcam Plc., Tecan Trading AG, EUROIMMUN Medizinische Labordiagnostika AG, KAMIYA BIOMEDICAL COMPANY, Berthold Technologies GmbH & Co.KG, Demeditec Diagnostics GmbH, MyBioSource.com., DiaSource, Hidex Oy., MP BIOMEDICALS, and Immuno-Biological Laboratories Co,Ltd. among others.
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