Insights on the Global Chemiluminescence Analyzer (CLA) Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

The global chemiluminescence analyzer market size is expected to grow by USD 5.04 billion during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. Download Free Sample Report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200714005837/en/

Technavio has announced its latest market research report titled Global Chemiluminescence Analyzer (CLA) Market 2020-2024 (Graphic: Business Wire).

Higher sensitivity and accuracy of CLIA over ELISA, and the increasing geriatric population are among the major factors propelling market growth. However, factors such as lack of accessibility and affordability of diagnostic tests in developing countries may hamper market growth.

The market is witnessing a huge shift from the traditional method of ELISA towards the use of CLIA. The growing complications of diseases have increased the need to detect smaller target molecules, resulting in the emergence of CLIA. It is used with a directly labeling antigen (antibody) and an indicator such as luminol, isoluminol, an acridinium ester. CLIA overcomes the shortcomings of ELISA such as the lack of automation and the inability to analyze a large number of samples in a short period. The higher sensitivity and accuracy of chemiluminescence immunoassay (CLIA) over enzyme-linked immunosorbent assay (ELISA) is expected to drive the growth prospects for the CLA analyzer market size.

More details: www.technavio.com/report/chemiluminescence-analyzer-market-industry-analysis?

Global Chemiluminescence Analyzer Market: Product Landscape

Based on the product segmentation, the Benchtop CLAs segment is expected to witness lucrative growth during the forecast period. Benchtop CLAs are analytical devices that require smaller space than the floor-standing analyzers. These analyzers also enhance the capabilities of diagnostic labs by freeing up space in the lab to be utilized for other applications. These analyzers support a broad range of assays and ensure shorter turnaround times without compromising on efficiency, productivity, or quality. They offer higher productivity owing to uninterrupted system processing when loading samples, reagents, and consumables.

Global Chemiluminescence Analyzer Market: Geographic Landscape

By geographical segmentation, the Europe region is expected to experience significant growth, which will offer several opportunities to market vendors during the forecast period. The growth of the CLA market in Europe is attributed to several factors such as the growing population in need of diagnostic procedures and country-specific programs that create awareness around the importance of precision medicine.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Companies Covered

• Abbott Laboratories
• bioMérieux SA
• Danaher Corp.
• F. Hoffmann-La Roche Ltd.
• Johnson & Johnson
• Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
• Siemens Healthineers AG
• Sysmex Corp.
• The Carlyle Group Inc.
• Tosoh Corp.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, till 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Chemiluminescence Analyzer (CLA) Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist chemiluminescence analyzer (CLA) market growth during the next five years
• Estimation of the chemiluminescence analyzer (CLA) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the chemiluminescence analyzer (CLA) market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of chemiluminescence analyzer (CLA) market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Benchtop CLA - Market size and forecast 2019-2024
• Floor-standing CLA - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Hospitals and diagnostic centers - Market size and forecast 2019-2024
• Research laboratories - Market size and forecast 2019-2024
• Pharma and biotech companies - Market size and forecast 2019-2024
• Academic research centers - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• ROW - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Market Drivers

• Volume drivers – Demand led growth
• Volume drivers – External factors

Market Challenges

Market Trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Abbott Laboratories
• bioMérieux SA
• Danaher Corp.
• F. Hoffmann-La Roche Ltd.
• Johnson & Johnson
• Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
• Siemens Healthineers AG
• Sysmex Corp.
• The Carlyle Group Inc.
• Tosoh Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

For more information about this report visit www.technavio.com/report/chemiluminescence-analyzer-market-industry-analysis?

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200714005837/en/