Autoimmune Disease Diagnostics Market to grow with 2.5% CAGR from 2017 to 2024

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Autoimmune Disease Diagnostics Market to grow with 2.5% CAGR from 2017 to 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global Market Insights, Inc., Autoimmune Disease Diagnostics Market size is set to exceed USD 16 billion by  Rising prevalence of autoimmune disorders such as rheumatoid arthritis, Hashimoto’s thyroiditis, type 1 diabetes and Grave’s disease will drive the global autoimmune disease diagnostics market.  Growing patient awareness levels pertaining to autoimmune diseases due to the launch of national awareness campaigns will further fuel industry expansion.  Presence of favorable government initiatives such as The Cooperative Study Group for Autoimmune Disease Prevention (CSGADP) and NIH’s HLA Region Genetics in Immune- Mediated Diseases Consortium for autoimmune diseases diagnosis and treatment will augment industry growth.  Advancement in technology such as lab automation developed to cater the need of increasing diagnostic procedures is another growth rendering driver. Key Insights from Autoimmune Disease Diagnostics Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Lack of skilled healthcare professionals and experts coupled with long and complex diagnosis process for autoimmune disease will hamper business growth.  Localized autoimmune disease diagnostics held higher market share in 2016 and should show a similar trend over the forecast years owing to the increasing prevalence of gastrointestinal autoimmune diseases.  UK autoimmune disease diagnostics market should witness considerable growth over the coming years.  China autoimmune disease diagnostic market should grow at robust rate with growing prevalence of autoimmune pancreatitis, improving healthcare infrastructure coupled with increased R&D efforts and rising patient awareness levels.  Some of the key industry players operating in global autoimmune disease diagnostics market are Siemens Healthcare, Roche Diagnostics, Abbott Laboratories, BioMerieux, EUROIMMUN and Quest Diagnostics. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Product Analysis Localized segment accounted for largest market share in 2016 and will grow at an approximately 2.1% CAGR over the forecast timeframe. Systemic segment will witness robust growth with CAGR of over 3.9%. The systemic diseases are difficult to diagnose. However, due to the continuous research activities and increasing awareness levels, the diagnosis rates are expected to increase in the future.  Regional Analysis U.S. accounted for largest market share in 2016 owing to the high and steadily increasing prevalence of rheumatoid arthritis and systemic lupus erythematosus. Autoimmune diseases cause significant economic burden in U.S. and are one of the top leading cause of death in female children and women of all age.  Competitive Market Share Some of the players in global autoimmune disease diagnostics market are Abbott Laboratories, Siemens Healthcare, Beckman Coulter Inc. and Quest Diagnostics. Innovative product launch and expansion through strategic partnership are foremost strategies adopted by the players to garner higher market share. 360° Analysis

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