Immunodiagnostics Market By Type (Immunodiagnostic Instruments, Immunoassays), By Application (Oncology and Endocrinology, Hepatitis and Retrovirus Testing, Infectious Disease Testing, GI Stool Testing), Technology(Enzyme-Linked Immunosorbent Assay, Chemiluminescence Immunoassay, Fluorescent Immunoassay, Radioimmunoassay, Rapid Test and Others) and By Region- Trends, Analysis and Forecast till 2029

The immunoodiagnostics market was valued at US$19.30 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 7.50% to reach US$39.69 billion by 2030.

The antigen-antibody response is a critical mechanism of detection in immunodiagnostics, a diagnostic process. A radiolabel, fluorescent label, or color-forming enzyme can be combined with antibodies specific for a given antigen to be used as a probe to detect it. These tests are so quick, accurate, and easy to use that rapid procedures for vivo diagnosing microorganisms, diseases, and even illicit drugs have been developed.