ELISpot and FluoroSpot Assay Market Forecast to Grow at CAGR of 7.2 Percent through 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global ELISpot and FluoroSpot Assay Market- (By Product (Assay Kits (Assay Kits by Technique(ELISpot Assay Kits, FluroSpot Assay Kits), Assay Kits by Utility (Diagnostic Kits, Research Kits), Assay Kits by Analyte (T-cell-based kits, B-cell-based kits, Other analytic kits), Analyzers, Ancillary products), By Application (Diagnostic Applications (Infectious Diseases, Transplants), Research Applications (Vaccine Development, Clinical Trials, Cancer Research)), By End-User (Hospitals & Clinical Labs, Research Institutes, Biopharmaceutical Companies and CROs)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global ELISpot and FluoroSpot Assay Market is valued at US$ 276.18 Mn in 2022, and it is expected to reach US$ 512.39 Mn by 2031, with a CAGR of 7.2% during a forecast period of 2023-2031.
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The increasing prevalence of chronic conditions, including cancer and autoimmune disorders, serves as a major catalyst for the growth of the Enzyme-Linked Immunospot (ELISPOT) and Fluorospot assay market. These diagnostic platforms play a critical role in the early detection of disease, monitoring disease progression, and evaluating the effectiveness of therapeutic interventions. Despite their clinical utility, the National Cancer Institute has advised against the use of ELISPOT assays for monitoring immune responses to cancer antigens in clinical therapeutic trials, citing limitations in their application for this purpose. Concurrently, the rising incidence of infectious diseases such as Human Immunodeficiency Virus (HIV) and tuberculosis is further driving demand for these assays.