Market Potential and PitfallsThe global autoimmune disease diagnostics market is likely to experience an upsurge owing to the increased prevalence of autoimmune disease, surging awareness regarding autoimmune diseases, and rising expenditure on healthcare.

The increasing spending on R activities coupled with the aggressive strategies adopted by the top market players like new product launches along with mergers and acquisitions are anticipated to contribute to the market growth across the globe.

As per the American Autoimmune Related Diseases Association, approximately 50 million people from America are suffering from autoimmune related disorders.

Such factors are likely to create immense opportunities to the growth of the market.On the contrary, the surging false positive results along with the price war among the companies are the top barriers likely to vitiate the market growth to some extent during the appraisal period.

Moreover, the dearth of education and experience of the lab personnel in diagnosing certain autoimmune diseases are further estimated to slow down the market growth.Request For Free Sample Report: https://www.marketresearchfuture.com/sample_request/6715Market SynopsisMarket Research Future (MRFR) asserts that the global autoimmune disease diagnostics market is likely to register a CAGR of 7.6% during the forecast period (2018-2023) owing to an increased prevalence of autoimmune diseases worldwide.

Autoimmune disease is considered as a disorder where the body’s own immune system starts to attack the healthy cells in place of the foreign particles and disease-causing agents.

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The growth of this market is majorly driven by the increasing research in the life sciences industry and the growing need to identify antigens associated with autoimmune diseases (through antigen-antibody interaction to understand disease mechanisms and develop relevant drugs targeting these diseases).The immunoprecipitation market is expected to grow from USD 560 million in 2018 to USD 750 million by 2024, at a CAGR of 5.0% during the forecast period.By product type, kits are expected to be the fastest-growing segment in the immunoprecipitation market during the forecast period.The kits segment is projected to grow at the highest CAGR between 2018 and 2024.

Growth in this market can be attributed to factors such as the requirement for repeat purchase of kits, coupled with the increasing number of IP assays to isolate and purify antigens.By type, the Individual IP segment is growing at the highest rate.The individual IP segment is projected to grow at the highest rate in the market, by type.

The increasing use of IP in studying protein-protein interactions, to detect the presence of an antigen, and to determine the relative quantity of an antigen are driving the use of individual IP in various research studies during the forecast period.Request for Sample Pages @https://www.marketsandmarkets.com/requestsampleNew.asp?id=78538655The market in the Asia Pacific is growing at the highest CAGR during the forecast period.The Asia Pacific is estimated to grow at the highest CAGR during the forecast period.

Increasing investments by governments and industries, growing biotechnology research in these regions, and rising awareness about personalized therapeutics are expected to drive the growth of these markets during the forecast period.Key market playersMajor immunoprecipitation vendors include Thermo Fisher Scientific (US), Abcam (UK), Bio-Rad Laboratories (US), Merck KGaA (Germany), GenScript.

(US), and BioLegend (US), Cell Signaling Technology (US), Rockland Immunochemicals (US), Takara Bio (Japan), and Geno Technology (US).Download PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78538655