Article -> Article Details
Title | Immunofluorescence Assay (IFA) Market by Type, Share, Growth, Trends and Forecast To 2028 |
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Category | Business --> Biotechnology |
Meta Keywords | Immunofluorescence Assay (IFA) Market |
Owner | Raksha Gajbhiye |
Description | |
Availability of
advanced immunofluorescence assays kits and reagents, growing healthcare burden
of chronic diseases, and increasing investments in healthcare sector are key
factors driving market growth Immunofluorescence Assay (IFA) Market Size – USD 2.45
Billion in 2020, Market Growth – at a CAGR of 6.3%, Market Trends – Increasing
application of IFA in diagnostics and research The global immunofluorescence
assay (IFA) market size is expected to reach USD 4.01 billion by 2028
at a CAGR of 6.3%, according to the latest report by Reports and Data.
Increasing global healthcare burden of chronic and infectious diseases, rising
application of immunofluorescence assays in clinical diagnostics and research,
and growing investments and expenditure in healthcare sector are key factors
expected to drive market revenue growth over the forecast period. Immunofluorescence assay is a microscopic technique primarily
used on microbiological samples, which uses the specificity of antibodies to
their antigens. Antibodies are labelled with fluorescent dye and the
subsequently formed antigen-antibody complex can be visualized using
fluorescent microscope. Immunofluorescence assays are of two types: direct
immunofluorescence, which uses primary antibody that is conjugated to
fluorescent dye and indirect immunofluorescence in which a secondary antibody
is conjugated with fluorophore against a primary antibody that is used for
detection. IFA is a standardized technique extensively used in virology to
determine the presence of antibodies by their specificity to viral antigens
that are expressed by the infected cells. Immunofluorescence assays have also
been used to develop antibodies against SARS-CoV-2 to enable efficient
detection and curb the spread of the virus, and this trend is expected to
continue going ahead. Development of advanced medical facilities, increasing
biopharmaceutical R&D, rising focus on antibody-based therapies, and
increasing number of preclinical and clinical research studies globally are
some of the key factors expected to drive market growth over the forecast
period. However, lack of skilled professionals and techniques and high costs of
assays are expected to hamper market growth to a certain extent over the
forecast period. Prominent companies in the market include Thermo Fisher Scientific, Inc., Merck KGaA, Danaher
Corporation, Abcam Plc, Bio-Rad Laboratories, Inc., PerkinElmer Inc., Werfen
Company, Agilent Technologies, Cell Signaling Technology, Inc., MEDIPAN GmbH,
Enzo Biochem, Inc., Becton, Dickinson and Company, Bruker Corporation, and
EpiGentek Group, and others. Product Outlook (Revenue, USD Billion; 2018-2028)
Type Outlook (Revenue, USD Billion; 2018-2028)
Disease Outlook (Revenue, USD Billion; 2018-2028)
End-use Industry Outlook (Revenue, USD Billion;
2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
Some Key Highlights From the Report:
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