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Follow on Google News | Autoimmune Disease Diagnostics Market Will Grow at a Steady Rate of 6.4% from 2014 to 2020According to a recent report by San Francisco-based Grand View Research, Autoimmune Disease Diagnostics market is expected to reach $14.17 Billion By the end of 2020
By: Grand View Research, Inc Systemic autoimmune disease diagnostics is the most lucrative segment of this market. Presence of high unmet patient needs in disease segments such as rheumatoid arthritis and systemic lupus E. coupled with the introduction of new products for example Avise SLE marker for lupus diagnosis are some factors expected to drive segment growth over the next six years. In addition, implementation of initiatives aimed at developing effective diagnostic and therapeutic solutions for systemic diseases with high prevalence for instance rheumatoid arthritis is further expected to drive segment growth. View summary of this report, click the link below: http://www.grandviewresearch.com/ Further key findings from the study suggest: Rheumatoid arthritis emerged as the fastest growing product segment. Its market is expected to grow at a CAGR of over 4.0% from 2014 to 2020. High prevalence of rheumatoid arthritis and the involvement of expensive assessment tests are few factors attributing to its rapid growth. Localized autoimmune disease diagnostics was the leading product segment of this market in 2013. Extensive presence of commercialized diagnostic products and growing prevalence of gastrointestinal autoimmune disorders are some factors accounting for its large share. North America was the largest regional market in 2013, accounting for a share of over 40.0%. Its large share is attributed by the introduction of the Affordable Care Act, presence of favorable initiatives undertaken by the AARDA and high disease prevalence levels in the region. Asia Pacific is expected to witness promising growth over the next six years. Constantly improving healthcare infrastructure and patient awareness levels in the emerging markets of India and China have now opened up new avenues for the manufacturers to capitalize on. Some key players of the autoimmune disease diagnostics market include Abbott Laboratories, Quest Diagnostics, Siemens Healthcare, Beckman Coulter Inc. and SQI Diagnostics. Introduction of technologically innovative products such as Celiac panel tests enabling faster IgG & IgA antibodies detection is one of the major sustainability strategies adopted by the market players For the purpose of this study, Grand View Research has segmented the global autoimmune disease diagnostics market on the basis of product and region: Global Autoimmune Disease Diagnostics Product Outlook (Revenue, USD Billion, 2012 – 2020) • Systemic Autoimmune Disease Diagnostics • Rheumatoid Arthritis Diagnostics • Ankylosing Spondylitis Diagnostics View All Market Research Report @ http://www.grandviewresearch.com (http://www.grandviewresearch.com/ End
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