(Health-NewsWire.Net, November 09, 2017 ) Radioimmunoassay Market is at the cusp of reaching 438.68 million in 2021.
According to the report Radioimmunoassay Market, published by Market Data Forecast, the Global market was worth USD 369 million in 2016 and estimated to be growing at a CAGR of 3.52%, to reach USD 438.68 million by 2021.
Radioimmunoassay is used primarily in the healthcare industry due to its high sensitivity, which can be used to analyse Nano molar and pico molar concentrations of hormones in biological fluids. RIA has ever since becoming one of the major tools in various clinical laboratories for diagnostic procedures, such as assessing the plasma levels of most of the hormones, identifying the presence of certain abused drugs, checking for the presence of hepatitis B surface antigen in donated blood, and other similar applications. This technique has also proven to be useful in the early detection of cancer, treatment of peptic ulcers, research with neurotransmitters, detection of infections, and identification of allergens in food and house dust, and more applications for the same are being researched all the time.
Get a comprehensive overview of the Radioimmunoassay Market: http://www.marketdataforecast.com/market-reports/radioimmunoassay-market-3701/
Radioimmunoassay Market: Drivers & Restraints The key factors affecting the Global Radioimmunoassay Market include the high investment, the increasing emphasis on R&D in the sector, technological advancements, their increased usage in pharmaceutical industries, research, rising need for quality and error-free diagnosis and consumer awareness. However, in spite of the drivers, the market remains restrained by the high costs associated with its usage, and the stern regulatory restriction and expertise required for the analysis.
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Radioimmunoassay Market: Segmentation By Type • Reagents and Kits • Analyzers
By End User • Hospital • Pharmaceutical Industry and CRO • Clinical Diagnostic Laboratories By Application • Research • Clinical Diagnostics
By Geography • North America o United States o Canada
• Europe o U.K o Spain o Germany o Italy o France
• Asia-Pacific o China o India o Japan o Australia o South Korea
• Latin America o Brazil o Argentina o Mexico o Rest of Latin America
• Middle East & Africa o Middle-East o Africa
From simple data collation through secondary and primary research toad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/radioimmunoassay-market-3701/customize-report/
Radioimmunoassay Market: Overview The Global Radioimmunoassay Market is segmented on the basis of Reagents and Kits Market and Analysers Market based on type. Based on End User into Hospital, Pharmaceutical Industry and CRO, Academics and Clinical Diagnostic Laboratories and on the basis of Application into Research and Clinical Diagnostics.
On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The Radioimmunoassay Market is dominated by North America with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected witness the highest CAGR during the forecast period. Another promising region for the market in Latin America, which is expected to show high growth rates in coming years.
Radioimmunoassay Market: Key Players The Radioimmunoassay market is highly competitive with a large number of players. Some of the major Companies are Santa Fe Natural Tobacco Company, Famous Smoke, Smoke Spirit, Organic Smoke Inc., Hestia Tobacco, R. J. Reynolds Tobacco Company, Natural American Spirit, Manitou organic, Yuma Europe S.A, RAW Radioimmunoassay
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