The growth in this market is primarily attributed to the increasing prevalence of chronic diseases and rising R&D spending & healthcare expenditure. Emerging markets are expected to provide growth opportunities for players operating in the Immunofluorescence instruments market in the coming years.
Reagents accounted for the larger share of the share of global market in 2020
By product, the immunofluorescence assays market is segmented into reagents, instruments, antibodies, kits, and consumables and accessories. The reagents segment accounted for the largest share of global market. This can be attributed to the wide use of reagents in assay techniques and the need for repeat purchases.