Chemiluminescence Immunoassay Systems Market
Chemiluminescence Immunoassay Systems Market
The market for Chemiluminescence Immunoassay Systems was estimated at $14.10 billion in 2024; it is anticipated to increase to $19.0 billion by 2030, with projections indicating growth to around $24.4 billion by 2035.
Global Chemiluminescence Immunoassay Systems Market Outlook
Revenue, 2024 (US$B)
$14.1B
Forecast, 2034 (US$B)
$23.2B
CAGR, 2024 - 2034
5.1%
Market Key Insights
- The Chemiluminescence Immunoassay Systems market is projected to grow from $14.1 billion in 2024 to $23.2 billion in 2034. This represents a CAGR of 5.1%, reflecting rising demand across Clinical Diagnostics, Food and Environmental Analysis and Pharmaceutical Research and Development.
- Abbott Laboratories, Siemens Healthineers, Roche Diagnostics are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Chemiluminescence Immunoassay Systems market and are expected to observe the growth CAGR of 3.3% to 4.9% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 5.9% to 7.0%.
- Transition like Transition Towards Automation is expected to add $1.3 billion to the Chemiluminescence Immunoassay Systems market growth by 2030
- The Chemiluminescence Immunoassay Systems market is set to add $9.1 billion between 2024 and 2034, with industry players targeting Pharmaceutical & Biotechnology Companies & Academic Research Institutes Application projected to gain a larger market share.
- With Rise in chronic diseases, and Technological advancements in healthcare, Chemiluminescence Immunoassay Systems market to expand 64% between 2024 and 2034.
Opportunities in the Chemiluminescence Immunoassay Systems
The market for chemiluminescence immunoassay systems in point of care testing, where instant resultsre crucial for urgent patient care remains largely untapped. Scaling down these systems for bedside applications could offer opportunities, for expanding services.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rise in Chronic Diseases, and Increasing Healthcare Expenditure
Restraint: High Cost of Implementation
Opportunity: Capitalizing on Home Diagnostics and Expanding into Veterinary Diagnostics
Challenge: Restricted Accessibility to Advanced Diagnostics
Supply Chain Landscape
Raw Material Suppliers
BASF SE
Evonik Industries AG
Sumitomo Chemical Co. Ltd
Equipment Manufacturers
Siemens Healthineers
Abbott Diagnostics
Ortho Clinical Diagnostics
Distribution Networks
Thermo Fisher Scientific
McKesson Medical-Surgical
Cardinal Health
End-User Industries
Clinical Laboratories
Hospitals
Pharmaceutical Companies
Raw Material Suppliers
BASF SE
Evonik Industries AG
Sumitomo Chemical Co. Ltd
Equipment Manufacturers
Siemens Healthineers
Abbott Diagnostics
Ortho Clinical Diagnostics
Distribution Networks
Thermo Fisher Scientific
McKesson Medical-Surgical
Cardinal Health
End-User Industries
Clinical Laboratories
Hospitals
Pharmaceutical Companies