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Autoimmune Diseases Diagnostics Market Size Expected To Acquire USD 7.96 billion By 2030 At 7.5% Compound Annual Growth Rate

The latest market report published by Credence Research, Inc. “Global Autoimmune Diseases Diagnostics Market: Growth, Future Prospects, and Competitive Analysis, 2023 – 2030”. The Global Autoimmune Diseases Diagnostics Market generated revenue of around USD 4.8 billion in 2022 and is anticipated to grow a CAGR of over 7.5% during the forecast period from 2023 to 2030 to reach around USD 7.96 billion in 2030.

Due to rising autoimmune disease incidence, increased public knowledge of autoimmune diseases, and increased autoimmune disease research, the global market for autoimmune disease diagnostics has experienced significant expansion. In addition, the increased prevalence is anticipated to increase the need for more dependable and precise diagnostic techniques over the projection period. The study on the global market for autoimmune disease diagnostics thoroughly evaluates the market. The research thoroughly analyzes the market’s key segments, trends, drivers, restraints, competitive environment, and other important elements.

The global Autoimmune Diseases Diagnostics market is bifurcated into Disease type, Test type, End-User, and Geography. Based on disease type, the market is categorized into systemic autoimmune disease, and localized autoimmune disease. On the basis of test type, the global market is segmented into Antinuclear Antibody Test, Autoantibody Test, C-reactive (CRP), Complete Blood Count (CBC), Urinalysis, and Others. Based on end-user, the market is categorized into Hospitals, Diagnostics Centers, and Others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

In terms of revenue, North America retained a significant market position for diagnostics for autoimmune diseases in 2022 Due to the introduction of the Affordable Care Act, promising laws and efforts started by the AARDA, and the high frequency of diseases in the region, North America has dominated the industry in recent years.

Autoimmune Diseases Diagnostics Market opportunities are rapidly growing due to the increasing prevalence of autoimmune diseases across the globe. The diagnosis of these diseases is critical for effective treatment and management, driving demand for advanced diagnostic tools and techniques. Technological advancements in molecular diagnostics, immunoassays, and imaging modalities have led to the development of innovative diagnostic tests that offer quick and accurate results. Additionally, rising awareness among patients regarding early detection and diagnosis has fueled market growth further. Moreover, favorable government initiatives aimed at promoting research activities related to autoimmune diseases have also provided a significant boost to the market’s expansion.

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