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Autoimmune Disease Diagnostics Market to grow at 2.5% CAGR from 2016 to 2023

Get more details @ http://bit.ly/2eg7VII <br>Global autoimmune disease diagnostics market share is undergoing rapid consolidation, and is marked by the presence of extensive mergers and acquisitions. Major players compete on the basis of price, and introduction of new technologically improved diagnostic kits in the market.

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Autoimmune Disease Diagnostics Market to grow at 2.5% CAGR from 2016 to 2023

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  1. Autoimmune Disease Diagnostics Market to grow at 2.5% CAGR from 2016 to 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Autoimmune Disease Diagnostics Market : • Global Market Insights, Inc. says the global autoimmune disease diagnostics market worth USD 12.8 billion in 2015, is anticipated to grow at a moderate CAGR of 2.5%, hitting USD 15 billion in 2023. • Autoimmune disease diagnostics market is revolutionizing the healthcare industry due to alarming rates of autoimmune diseases globally. • Autoimmune diseases are self-inflicted diseases caused due to the abnormal immune response to a body part. As per the NIH Autoimmune Disease Coordinating Committee (ADCC), 14-22 million people in the U.S. are affected by some sort of autoimmune diseases. • Another study depicts 7 million people in the Europe to be suffering from autoimmune ailments. Moreover, NIH (National Institutes of Health) mentions autoimmune diseases to be one of the top 10 causes of female demise in the U.S.

  3. Continued... • Growing prevalence of these diseases, rising awareness among patients, and government initiatives towards reducing the frequency of such ailments will be the major factors driving the market growth over the next eight years, as per the report. • The frequent occurrence of these diseases has resulted in a huge healthcare expenditure. The treatment of autoimmune ailments is way costlier and is a serious concern to the overall healthcare system. • Government measures addressing this global issue is favorably impacting the growth of new diagnostic methods to detect and cure such ailments, in turn favoring the global autoimmune disease diagnostics market. • Autoimmunity Centers of Excellence (ACE) by the collaboration of NIH, non-profit organizations, and pharmaceutical companies which performs various researches for the development of diagnostic tools.

  4. Continued... • The U.S will be leading the North America autoimmune disease diagnostics market due to the high occurrence of related ailments accompanied by rising patient awareness in this region. • Europe market is set to secure the second position globally driven by the government support in these regions. Germany and UK will drive the regional growth. • The Asia Pacific, on account of its large patient pool, is pegged to grow at a CAGR of 5.3% over the period of 2016-2023. • On the product front, the localized autoimmune disease diagnostics will dominate the systematic diagnostics segment over the coming period. The localized autoimmune disease diagnostics market is likely to surpass USD 10 billion by 2023. • Major industry participants are Siemens Healthineers, Roche Diagnostics, Euroimmun, Abbott Laboratories, Beckman Coulter Inc., Quest Diagnostics, SQI Diagnostics Inc, and INOVA Diagnostics, Inc.

  5. Autoimmune Disease Diagnostics Market Size, By Product, 2012 - 2023 (USD Million)

  6. Browse Full Market Research Report On Autoimmune Disease Diagnostics Market @ http://bit.ly/2ejyZ7b Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/618

  7. Stay In Touch Website: www.gminsights.com Social Media:

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