The immune system protects the body from various bacterial, viral infections and from other diseases. An autoimmune disorder is an abnormal immune response occurring in the body. Autoimmune diseases decrease the body's ability to fight the foreign particles resulting in attacking its own body's tissues. The autoimmune disease is more common in women than men. Crohn's disease, rheumatoid arthritis, inflammatory bowel disease, multiple sclerosis, systemic lupus erythematosus are some examples of autoimmune diseases. There are various tests commercially available at several healthcare centers to diagnose autoimmune diseases.
MARKET SCOPE
The "Global Autoimmune Disease Diagnostics Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the autoimmune disease diagnostics market with detailed market segmentation by type, product, technology, and geography. The report provides key statistics on the market status of the leading autoimmune disease diagnostics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global autoimmune disease diagnostics market is segmented into localized autoimmune disease diagnostic and systemic autoimmune disease diagnostic.
- On the basis of product, the market is segmented into drugs, therapeutic and monitoring equipment, and diagnostic equipment.
- Based on technology, the market is bifurcated into bridge therapy, disease-modifying antirheumatic drugs (DMARD), topical therapy, phototherapy, helminthic therapy, and recombinant technology.
MARKET DYNAMICS
Drivers:
- Growing public awareness about the various autoimmune diseases.
- Rising prevalence of autoimmune diseases
- Increasing the R&D activities on autoimmune diseases
- Technological innovation in the form of lab automation
Restraints:
- Lack of skilled healthcare practitioners
- High Cost and Reimbursement Issues
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The autoimmune disease diagnostics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the autoimmune disease diagnostics market in these regions.
IMPACT OF COVID-19 ON AUTOIMMUNE DISEASE DIAGNOSTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Autoimmune disease diagnostics market is moderately affected due to COVID-19.
MARKET PLAYERS
The report covers key developments in the autoimmune disease diagnostics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from autoimmune disease diagnostics market are anticipated to lucrative growth opportunities in the future with the rising demand for autoimmune disease diagnostics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the autoimmune disease diagnostics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AstraZeneca
- F. Hoffmann-La Roche
- Novartis AG
- Pfizer Inc.
- Sanofi
- Abbott Laboratories
- Beckman Coulter, Inc.
- Inova Diagnostics Inc.
- Bio-Rad Laboratories Inc.
- Hemagen Diagnostics Inc.