Autoimmune Disease Diagnostics Market: Global Industry Analysis and Forecast to 2020

Persistence Market Research is released new forthcoming report on title "Autoimmune Disease Diagnostics Market: Global Industry Analysis and Forecast to 2020".

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New York, NY -- (SBWire) -- 10/15/2014 --Autoimmune diseases refer to a medical condition in which an overactive immune response is generated by the body, resulting in actions against own cells and body tissues. As compared to men, this disease is more prevalent in women. Autoimmune diseases diagnostics refer to the set of procedure for detecting the type and stage of autoimmune disease. It is done to detect causative agents so that correct treatment could be given to the patient. Autoimmune disease diagnostics market is growing at a significant rate due to increase in the prevalence for autoimmune diseases and growing awareness in the field. On the basis of applications, autoimmune disease diagnostics market can be classified into localized autoimmune disease diagnostic tests and systemic autoimmune disease diagnostic tests.

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North America dominates the global market for autoimmune disease diagnostics due to increasing prevalence of autoimmune diseases and improved healthcare facilities in the region. Asia, followed by the Europe, is expected to experience high growth rate in next few years in global autoimmune disease diagnostics market. China and India are expected to be the fastest growing autoimmune disease diagnostics markets in Asian region. Some of the key driving forces for autoimmune disease diagnostics market in emerging countries are large pool of patients and rising government initiatives for improvement in healthcare facilities.

Some of the major factors that are driving the autoimmune disease diagnostics market are increasing number of cases of autoimmunity disorders, advancements in the healthcare field and rising government funding for betterment of healthcare facilities. In addition, growing awareness in the field is also driving the autoimmune disease diagnostics market. However, lack of skilled professionals is restraining the autoimmune disease diagnostics market.

Growing demographics and economies in the developing countries such as India and China are expected to offer good opportunities for autoimmune disease diagnostics market. In addition, innovations in the field of autoimmune disease diagnostics and increasing use of personalized medicine are expected to offer new opportunities for global autoimmune disease diagnostics market. Some of the major companies dealing in global autoimmune disease diagnostics market are Roche Diagnostics, Quest Diagnostic, Alere, Randox Laboratory, Bio Rad Laboratory and LabCorps (Laboratory Corporation of America).

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