India Immunoassay Market By Product (Reagents and Kits, Analyzers/Instruments, Software and Services), By Technology (Radioimmunoassay (RIA), Enzyme Immunoassays (EIA), Fluoro Immnoassay (FIA), Chemiluminescence Immunoassay (CLIA), Rapid Test, Others), By Indication (Therapeutic Drug Monitoring, Oncology, Cardiology, Endocrinology, Infectious Diseases, Autoimmune Diseases, Others), By End User (Hospitals, Blood Banks, Clinical Laboratories, Pharmaceutical and Biotech Companies, Academic Research Centers, Others), By Company, By Region, Forecast & Opportunities, FY2026

India immunoassay market is forecasted to register significant growth during the next five years.The India immunoassay market is driven by increasing occurrences of chronic and infectious diseases in the country. Additionally, improvement in healthcare facilities coupled with consistent product developments by key players operating in the market are some other factors which are projected to bolster the market growth. Also, rising adoption of immunoassay-based point-of-care testing products in home care as well as in hospitals is further expected to boost the demand through FY2026.

The India immunoassay market is segmented based on product, technology, indication, end user, company, and region. Based on product, the market can be segmented into reagents and kits, analyzers /instruments, software and services. Out of which, the reagents and kits segment dominated the market until FY2020 by holding major market share and is further expected to maintain its lead in the market during the forecast period as well. This dominance can be attributed to the need for repeat purchase of kits and reagents to carry out procedures. In addition to this, upsurge in number of immunoassay tests being performed for the detection of ailment-causing pathogens in HIV, dengue, and cancer and other chronic ailments is projected to augment the growth of segment over the coming years.

The major players operating in the India immunoassay market are Roche Diagnostics India Pvt Ltd., Abbott India Limited, bioMérieux India Limited, Becton Dickinson Private Limited, Bio-Rad laboratories India Pvt. Ltd, Thermo Fisher Scientific India Pvt. Ltd., Danaher Holding India Pvt. Ltd., Siemens Healthineers India Pvt. Ltd., Randox Laboratories (India) Private Limited, Sysmex India Pvt. Ltd, and others. Major companies are developing advanced technologies, receiving approvals from regulatory bodies, and launching new products to stay competitive in the market. Other competitive strategies include mergers and acquisitions and new product developments.

Years considered for this report:

Historical Years: FY2016-FY2019

Base Year: FY2020

Estimated Year: FY2021

Forecast Period: FY2022–FY2026

Objective of the Study:

• To analyze historical growth of the market size of India immunoassay market from FY2016 to FY2019
• To estimate and forecast the market size of India immunoassay market from FY2020 to FY2026 and growth rate until FY2026.
• To classify and forecast India immunoassay market based on product, technology, indication, end user, company, and regional distribution.
• To identify dominant region or segment in the India immunoassay market.
• To identify drivers and challenges for India immunoassay market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India immunoassay market.
• To identify and analyze the profiles of leading players operating in India immunoassay market.
• To identify key sustainable strategies adopted by market players in India immunoassay market. 

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of immunoassay providing companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of India Immunoassay market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

• Immunoassay providing companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to immunoassay

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India immunoassay market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India Immunoassay Market, By Product:
• Reagents and Kits
• Analyzers/Instruments
• Software and Services
• India Immunoassay Market, By Technology:
• Radioimmunoassay (RIA)
• Enzyme Immunoassays (EIA)
• Fluoro Immnoassay (FIA)
• Chemiluminescence Immunoassay (CLIA)
• Rapid Test
• Others
• India Immunoassay Market, By Indication:
• Therapeutic Drug Monitoring
• Oncology
• Cardiology
• Endocrinology
• Infectious Diseases
• Autoimmune Diseases
• Others
• India Immunoassay Market, By End User:
• Hospitals
• Blood Banks
• Clinical Laboratories
• Pharmaceutical and Biotech Companies
• Academic Research Centers
• Others
• India Immunoassay Market, By Region:
• North
• South
• East
• West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India immunoassay market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).