Global Neuro Immunoassay Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Technology;
Radioimmunoassays (RIA), Polymerase Chain Reaction (PCR), ELISA, Western Blot, Rapid Tests, and ELISPOT.By Product;
Reagents and Kits, and Analysers.By Application;
Alzheimer’s Disease, Parkinson’s Disease, Huntington’s Disease, ALS, and Spinal Muscular Atrophy (SMA).By End User;
Hospitals, Clinics, Academic Organizations, Biopharmaceutical Companies, Pharmaceutical Companies, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Neuro Immunoassay Market (USD Million), 2021 - 2031
In the year 2024, the Global Neuro Immunoassay Market was valued at USD 2,881.51 million. The size of this market is expected to increase to USD 4,867.46 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.
The initial phases of the COVID-19 pandemic significantly impacted the neuroscience antibodies and assays market. The lockdowns led to the temporary closure of many laboratory facilities conducting neuroscience assays, resulting in a decline in market growth. According to an article published in April 2022 by PubMed, researchers experienced decreased neuroscience research funding, resource limitations, restricted access to laboratories and hospitals, and a reduction in available personnel during the pandemic.
However, the market is expected to witness growth in the coming years due to the high prevalence of neurological diseases, ongoing research and development, and technological advancements in neuroscience antibodies and assays. Additionally, patients infected with COVID-19 have developed long-term neurological complications, which could further drive market growth. The increasing demand for neuroscience assays and antibodies is anticipated as neuroscience advancements surge post-pandemic.
The high prevalence of neurological diseases is a significant driving factor for market growth, as it leads to increased use of immunoassays for accurate detection of these conditions. For example, the Parkinson's Foundation reported that nearly one million people in the United States were living with Parkinson's disease (PD) as of 2022, with this number expected to rise to 1.2 million by 2030. Parkinson's disease is the second-most common neurodegenerative disease after Alzheimer's disease, affecting over 10 million individuals worldwide. This high prevalence is likely to boost market growth.
Moreover, the growth in the pharmaceutical and biotechnology industries is expected to propel market expansion over the forecast period. According to the Indian Economic Survey 2021, India's domestic pharmaceutical market, valued at USD 42 billion in 2021, is projected to reach USD 65 billion by 2024 and USD 120-130 billion by 2030.
Neuroscience research heavily relies on antibodies to identify and elucidate cellular, molecular, and biochemical reactions, which may lead to a better understanding of various neuroscience processes and neuronal diseases. This dependency is expected to drive market growth over the forecast period. An article published in December 2021 by Oxford Academic highlighted that antibody-based treatments are becoming increasingly common in treating neuroinflammatory illnesses. The efficiency of these therapeutic platforms is influenced by the specificity-conferring antigen-binding fragment (Fab) and the crystallizable fragment (Fc) that drive antibody function.
In summary, due to the rising incidence of neurological diseases and increasing research and development activities, the neuroscience antibodies and assays market is anticipated to witness growth over the forecast period. However, the high cost associated with antibody production remains a restraining factor for market growth.
Global Neuro Immunoassay Market Recent Developments
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September 2022: the National Institutes of Health (NIH)declared two transformative projects supported by the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) Initiative: The BRAIN Initiative Cell Atlas Network (BICAN) and the Armamentarium for Precision Brain Cell Access. These BRAIN 2.0 projects aim to transform the understanding of brain cell types and the precise tools needed to access them, bringing one step closer to unraveling the complex workings of the human brain.
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July 2022: Labcorp, a leading global life sciences company, announced the launch of the first widely accessible test that provides direct evidence of neurodegeneration and neuronal injury. The new Neurofilament Light Chain (NFL) blood test will allow doctors to identify and verify signs of neurodegenerative disease, enabling physicians to provide a more effective and efficient path to diagnosis and treatment for patients.
Segment Analysis
The Global Neuro Immunoassay Market is segmented by Technology, Product, Application, End User, and Geography. Immunoassay tests in this market include those for drug levels (e.g., digoxin and vancomycin), hormone levels (e.g., insulin, TSH, and estrogen), and cancer markers (e.g., PSA, CA-125, and AFP). The immunoassay test for COVID-19, known as the anti-SARS-CoV-2 test, is a qualitative serological test that detects total antibody responses (IgM, IgG, and IgA) to expressed SARS-CoV-2 viral antigens in serum or plasma. Types of immunoassays include enzyme immunoassay (EIA), radioimmunoassay (RIA), fluoroimmunoassay (FIA), chemiluminescent immunoassay (CLIA), and counting immunoassay (CIA).
The core principle of immunoassay involves using an antibody that specifically binds to the target antigen, requiring the immunoassay antibodies to have a high affinity for the antigen. Both monoclonal and polyclonal antibodies can be utilized in immunoassays. Positive immunoassay test results, such as those for HIV and drugs of abuse, often necessitate further confirmatory testing.
Global Neuro Immunoassay Segment Analysis
In this report, the Global Neuro Immunoassay Market has been segmented by Technology, Product, Application, End User, and Geography.
Global Neuro Immunoassay Market, Segmentation by Technology
The Global Neuro Immunoassay Market has been segmented by Technology into Radioimmunoassays (RIA), Polymerase Chain Reaction (PCR), ELISA, Western Blot, Rapid Tests, and ELISPOT.
The global neuro immunoassay market is characterized by a variety of diagnostic technologies used to detect and quantify neurobiological markers in blood, cerebrospinal fluid, and other biological samples. Radioimmunoassays (RIA), one of the earliest and most established techniques, relies on the use of radioisotopes to detect specific antigens or antibodies, making it highly sensitive. Despite its high sensitivity, the use of radioisotopes limits its popularity in certain clinical settings due to safety concerns and regulatory restrictions. Nonetheless, RIA remains a critical tool in research and some specialized diagnostic applications.
Another widely used technology in the neuro immunoassay market is Polymerase Chain Reaction (PCR), a molecular technique that amplifies specific DNA or RNA sequences, allowing for the detection of very low quantities of neurobiological markers. PCR is particularly useful in detecting infectious agents like viruses or bacteria that may impact the nervous system, as well as in genetic testing for neurological diseases. Enzyme-Linked Immunosorbent Assay (ELISA), on the other hand, is a non-radioactive, highly versatile technique that uses enzyme reactions to detect the presence of antibodies or antigens. ELISA is often employed in both research and clinical diagnostics due to its cost-effectiveness, ease of use, and relatively high throughput.
Other advanced technologies driving the neuro immunoassay market include Western Blot, which is primarily used for protein identification and quantification in research, and Rapid Tests, which provide quick results for screening purposes. Rapid tests are increasingly popular due to their convenience and efficiency, especially in emergency and point-of-care settings. Additionally, the ELISPOT (Enzyme-Linked ImmunoSpot) assay, which measures the frequency of individual cells secreting specific cytokines or antibodies, is gaining traction in immunological research and clinical diagnostics. The ability of these technologies to detect and monitor a wide range of neuroimmune biomarkers contributes to their growing adoption, further expanding the neuro immunoassay market globally.
Global Neuro Immunoassay Market, Segmentation by Product
The Global Neuro Immunoassay Market has been segmented by Product into Reagents, and Kits, and Analysers.
Immunoassay tests in this market include those for drug levels (e.g., digoxin and vancomycin), hormone levels (e.g., insulin, TSH, and estrogen), and cancer markers (e.g., PSA, CA-125, and AFP). The immunoassay test for COVID-19, known as the anti-SARS-CoV-2 test, is a qualitative serological test that detects total antibody responses (IgM, IgG, and IgA) to expressed SARS-CoV-2 viral antigens in serum or plasma. Types of immunoassays include enzyme immunoassay (EIA), radioimmunoassay (RIA), fluoroimmunoassay (FIA), chemiluminescent immunoassay (CLIA), and counting immunoassay (CIA).
The market is further segmented by Product into Reagents and Kits and Analysers. The basic principle of immunoassay involves using an antibody that specifically binds to the target antigen, necessitating a high affinity for the antigen. Monoclonal or polyclonal antibodies can be used in immunoassays, and positive results for tests like HIV and drugs of abuse typically require additional confirmatory testing.
Global Neuro Immunoassay Market, Segmentation by Application
The Global Neuro Immunoassay Market has been segmented by Application into Alzheimers Disease, Parkinsons Disease, Huntingtons Disease, ALS and Spinal Muscular Atrophy (SMA). Immunoassay tests in this market include those for drug levels (e.g., digoxin and vancomycin), hormone levels (e.g., insulin, TSH, and estrogen), and cancer markers (e.g., PSA, CA-125, and AFP). The immunoassay test for COVID-19, known as the anti-SARS-CoV-2 test, is a qualitative serological test that detects total antibody responses (IgM, IgG, and IgA) to expressed SARS-CoV-2 viral antigens in serum or plasma. Types of immunoassays include enzyme immunoassay (EIA), radioimmunoassay (RIA), fluoroimmunoassay (FIA), chemiluminescent immunoassay (CLIA), and counting immunoassay (CIA).
The market is further segmented by Product into Reagents and Kits and Analysers, by Application into Alzheimer's Disease, Parkinson's Disease, Huntington's Disease, ALS, and Spinal Muscular Atrophy (SMA), and by End User into Hospitals, Clinics, Academic Organizations, Biopharmaceutical Companies, Pharmaceutical Companies, and Others. The basic principle of immunoassay involves using an antibody that specifically binds to the target antigen, requiring a high affinity for the antigen. Both monoclonal and polyclonal antibodies can be used in immunoassays, and positive results for tests like HIV and drugs of abuse typically necessitate additional confirmatory testing.
Global Neuro Immunoassay Market, Segmentation by End User
The Global Neuro Immunoassay Market has been segmented by End User into Hospitals, Clinics, Academic Organizations, Biopharmaceutical Companies, Pharmaceutical Companies and Others. The immunoassay test for COVID-19, known as the anti-SARS-CoV-2 test, is a qualitative serological test that detects total antibody responses (IgM, IgG, and IgA) to expressed SARS-CoV-2 viral antigens in serum or plasma. Types of immunoassays include enzyme immunoassay (EIA), radioimmunoassay (RIA), fluoroimmunoassay (FIA), chemiluminescent immunoassay (CLIA), and counting immunoassay (CIA).
The market is further segmented by Product into Reagents and Kits and Analysers, by Application into Alzheimer's Disease, Parkinson's Disease, Huntington's Disease, ALS, and Spinal Muscular Atrophy (SMA), and by End User into Hospitals, Clinics, Academic Organizations, Biopharmaceutical Companies, Pharmaceutical Companies, and Others. The basic principle of immunoassay involves using an antibody that specifically binds to the target antigen, requiring a high affinity for the antigen. Both monoclonal and polyclonal antibodies can be used in immunoassays, and positive results for tests like HIV and drugs of abuse typically necessitate additional confirmatory testing.
Global Neuro Immunoassay Market, Segmentation by Geography
In this report, the Global Neuro Immunoassay Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Neuro Immunoassay Market Share (%), by Geographical Region, 2024
Immunoassay tests in this market include those for drug levels (e.g., digoxin and vancomycin), hormone levels (e.g., insulin, TSH, and estrogen), and cancer markers (e.g., PSA, CA-125, and AFP). The immunoassay test for COVID-19, known as the anti-SARS-CoV-2 test, is a qualitative serological test that detects total antibody responses (IgM, IgG, and IgA) to expressed SARS-CoV-2 viral antigens in serum or plasma. Types of immunoassays include enzyme immunoassay (EIA), radioimmunoassay (RIA), fluoroimmunoassay (FIA), chemiluminescent immunoassay (CLIA), and counting immunoassay (CIA).
The market is further segmented by Product into Reagents and Kits and Analysers, by Application into Alzheimer's Disease, Parkinson's Disease, Huntington's Disease, ALS, and Spinal Muscular Atrophy (SMA), by End User into Hospitals, Clinics, Academic Organizations, Biopharmaceutical Companies, Pharmaceutical Companies, and Others, and by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The basic principle of immunoassay involves using an antibody that specifically binds to the target antigen, requiring a high affinity for the antigen. Both monoclonal and polyclonal antibodies can be used in immunoassays, and positive results for tests like HIV and drugs of abuse typically necessitate additional confirmatory testing.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Neuro Immunoassay Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Rising incidence of neurological diseases
- Increasing investment in neuroscience research
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Technological advancements -The Global Neuro Immunoassay Market has seen significant technological advancements that enhance the accuracy, efficiency, and scope of immunoassay applications. Innovations in enzyme immunoassay (EIA), radioimmunoassay (RIA), fluoroimmunoassay (FIA), chemiluminescent immunoassay (CLIA), and counting immunoassay (CIA) have revolutionized the market. These advancements allow for more precise detection of drug levels (such as digoxin and vancomycin), hormone levels (such as insulin, TSH, and estrogen), and cancer markers (like PSA, CA-125, and AFP). The development of the anti-SARS-CoV-2 test, a qualitative serological test that detects total antibody responses (IgM, IgG, and IgA) to expressed SARS-CoV-2 viral antigens in serum or plasma, exemplifies how new technologies can quickly address emerging health challenges.
As these technological improvements have expanded the market's potential by enabling the use of both monoclonal and polyclonal antibodies in immunoassays. Enhanced antibody specificity and affinity have improved the detection and diagnosis of neurological diseases such as Alzheimer's, Parkinson's, Huntington's, ALS, and Spinal Muscular Atrophy (SMA). These innovations are crucial for the increasing demand in hospitals, clinics, academic organizations, biopharmaceutical companies, pharmaceutical companies, and other end users. As a result, technological advancements are a driving force behind the market's anticipated growth, offering more reliable and efficient tools for neuroscience research and clinical diagnostics.
Restraints :
- High cost of neuro immunoassays
- Lack of skilled personnel
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Stringent regulatory requirements - Stringent regulatory requirements play a pivotal role in shaping the landscape of the Global Neuro Immunoassay Market. Regulatory bodies, such as the FDA in the United States and the European Medicines Agency (EMA) in Europe, set standards and guidelines for the development, manufacturing, and commercialization of neuro immunoassay products. Compliance with these regulations is essential for ensuring the safety, efficacy, and quality of these diagnostic tools.
Companies operating in the neuro immunoassay market must navigate complex regulatory pathways to obtain approval or clearance for their products. This process involves rigorous testing, documentation, and adherence to Good Manufacturing Practices (GMP) and Good Laboratory Practices (GLP). Failure to meet regulatory requirements can result in delays in product launch, increased costs, or even rejection of the product by regulatory authorities, thereby impacting market growth.
The regulatory landscape is continuously evolving, with updates to existing regulations and the introduction of new guidelines. This dynamic environment necessitates ongoing monitoring and adaptation by market players to ensure compliance and maintain market competitiveness. Overall, stringent regulatory requirements are a significant factor influencing the development, commercialization, and growth trajectory of the Global Neuro Immunoassay Market.
Opportunities :
- Emerging markets
- Point-of-care testing
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Companion diagnostics - Companion diagnostics play a crucial role in the Global Neuro Immunoassay Market, offering tailored approaches for patient management and treatment selection. These diagnostics are developed alongside specific therapies, aiding in the identification of patients who are most likely to benefit from particular treatments. In the neurology field, companion diagnostics help in personalizing treatment strategies for conditions like Alzheimer's disease, Parkinson's disease, and other neurological disorders. By analyzing biomarkers and genetic markers, companion diagnostics assist clinicians in predicting treatment responses and potential adverse reactions, leading to more effective and safer therapeutic interventions.
As companion diagnostics also facilitate the development and approval of new neurotherapeutics by providing insights into patient stratification and therapy monitoring during clinical trials. As the field of neuroimmunoassays continues to advance, the integration of companion diagnostics holds promise for optimizing patient care and enhancing clinical outcomes in the realm of neurological disorders.
Competitive Landscape Analysis
Key players in Global Neuro Immunoassay Market include,
- Intrinsic LifeSciences
- Danaher Corporation
- Becton Dickinson and Company
- Akers Biosciences, Inc
- Abbott Laboratories
- EDP Biotech Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Product
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Neuro Immunoassay Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising incidence of neurological diseases
- Increasing investment in neuroscience research
- Technological advancements
- Restraints
- High cost of neuro immunoassays
- Lack of skilled personnel
- Stringent regulatory requirements
- Opportunities
- Emerging markets
- Point-of-care testing
- Companion diagnostics
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Neuro Immunoassay Market, By Technology, 2021 - 2031 (USD Million)
- Radioimmunoassays (RIA)
- Polymerase Chain Reaction (PCR)
- ELISA
- Western Blot
- Rapid Tests
- ELISPOT
- Global Neuro Immunoassay Market, By Product, 2021 - 2031 (USD Million)
- Reagents and Kits
- Analysers
- Global Neuro Immunoassay Market, By Application, 2021 - 2031 (USD Million)
- Alzheimer’s Disease
- Parkinson’s Disease
- Huntington’s Disease
- ALS
- Spinal Muscular Atrophy (SMA)
- Global Neuro Immunoassay Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Clinics
- Academic Organizations
- Biopharmaceutical Companies
- Pharmaceutical Companies
- Others
- Global Neuro Immunoassay Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Neuro Immunoassay Market, By Technology, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Intrinsic LifeSciences
- Danaher Corporation
- Becton Dickinson and Company
- Akers Biosciences, Inc
- Abbott Laboratories, Inc
- EDP Biotech Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market