Immunoassay market size | Insights, Trends & Growth Analysis 2025

Code: MTA10042 Publication Date: Oct 2025

What is the size of Immunoassay Market?

According to 6Wresearch internal database and industry insights, the Global Immunoassay Market was valued at USD 9.2 Billion in 2024 and is expected to reach USD 13.22 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

The key factors contributing to this growth include the growing prevalence of chronic and infectious disease cases, improvements in diagnostic technologies, increasing need for high-throughput screening products, and the increasing use of automated immunoassay analysers within healthcare and research laboratories.

Growth Factors for Immunoassay Industry

  • Increase in the need for early and accurate disease diagnosis within healthcare systems.
  • Technological advancement in multiplex and point-of-care immunoassay platforms.
  • Growing investments in biomarker discovery to facilitate personalised medicine.
  • Increasing access to and use of immunoassays for drug monitoring and vaccine studies.
  • Development of healthcare infrastructure and diagnostics in emerging economies.

Immunoassay Market Trends

The Immunoassay Market trends align with the growth of a trend toward greater automation and the incorporation of advanced analytical software to enhance efficiencies and improve accuracy. The trend toward the greater use of chemiluminescent and fluorescence-based assays, due to their high sensitivity, is increasing. There are increasing trends toward miniaturisation and flexible forms of portable diagnostics for near-patient testing, as well as a greater use of immunoassays within the areas of therapeutic drug monitoring, oncology, and endocrinology, supporting the growth of immunoassay funding in R&D.

Emerging Developments in the Immunoassay Market

The Immunoassay Market developments indicate ongoing innovation with AI-powered data interpretation and digital immunoassay systems enhancing diagnostic accuracy. Companies are investing in fully automated analyzers to streamline workflow and reduce human error. Partnerships between diagnostics firms and biotech companies are fostering product advancements. Additionally, sustainability initiatives focusing on reagent efficiency and waste reduction are being implemented. These developments are positioning immunoassays as a cornerstone of modern diagnostic solutions.

List of Leading Companies in the Immunoassay Market

Some of the leading companies include:

  • Abbott Laboratories
  • F. Hoffmann-La Roche Ltd.
  • Siemens Healthineers AG
  • Danaher Corporation
  • bioMérieux SA
  • Thermo Fisher Scientific Inc.
  • Becton, Dickinson and Company (BD)

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