Autoimmune Disease Diagnostics Market: Information by Disease Type, Diagnosis and Region — Forecast till 2030
The global autoimmune disease diagnostics market size was valued at USD 4,253.29 million in 2021 and is anticipated to generate 8089.97 million by 2030.
The market is projected to grow at a CAGR of 7.17% during the forecast period (2022–2030). Autoimmune disease (AD) is a non-communicable disease that revolves around losing normal immune homeostasis. This organism is responsible for producing an irregular response for its tissue cells. Furthermore, autoimmune diseases revolve around the activation of self-reactive T cells, autoantibodies, and inflammation. Typically, immune cells can identify alien objects such as bacteria and viruses and send out fighter cells to counter their presence. Autoimmune diseases compel the immune system to attack itself. Some autoimmune diseases attack only a certain type of organ. The global autoimmune disease diagnostics market share is divided into type, diagnosis, and regional analysis.
Market Dynamics
Autoimmune Disease Diagnostics Market Drivers
- Rising Public Awareness and Increasing Prevalence of Autoimmune Diseases to Surge Growth
Growing public attention and increasing prevalence of autoimmune diseases are expected to boost the autoimmune disease testing market size during the forecast. According to the National Stem Cell Foundation, around 4% of the global population is affected by one of more than 8o different autoimmune variants. The most common diseases include Crohn’s, scleroderma, psoriasis, Type 1 diabetes, and lupus.
Factors such as changing lifestyles, lack of nutritional diet and exercise, excessive smoking, and irregular sleeping patterns have contributed to the rise of autoimmune diseases and increasing market volume. Additionally, rising autoimmune disease incidences among the elderly population owing to rising affinity towards self-antigens or latent viruses will boost the market growth of autoimmune disease diagnostics.
The focus of prominent players on launching new products and implementing wider growth strategies will further propel market growth. Increasing partnerships, collaborations, and joint ventures, will further push the market towards a booming growth. In February 2021, the American Kidney Fund (AFK) launched an awareness campaign for lupus nephritis, a kidney disease caused by lupus. This campaign aims to provide valuable information about the signs, symptoms, and treatment for lupus nephritis. GSK, a prominent player in the market, aided the campaign by substantiating a huge grant.
- Technological Advancements to Aid in Registering a Substantial Market Growth Rate
The detection of autoantibodies posed a variant challenge in the past. Detecting the presence of autoantibodies is a key attribute of autoimmune diseases. Normally, studies are conducted by analyzing the presence/concentration of individual antibodies in biological fluids. However, the latest technological leaps allow for simultaneous identification/measurement of various antibodies.
Improvement of technologies such as antigen microarray and mass spectrometry for antibody profiling indicated a wide range of positive results for analytical sensitivity and reproducibility. These practices with time can be integrated into normal clinic procedures. Additionally, the development of genomic and proteomic multiplex technologies multiplied biomarker discovery, further increasing its foothold in diagnostics and therapeutic testing.
Laboratory automation plays a pivotal role in shaping the growth patterns for autoimmune disease diagnostics due to decreased human error, increased productivity, low turnaround time, and a small amount of handling steps.
Simplification of testing through automated measures is expected to boost the market value. The introduction of new methods through automation, such as automated indirect immunofluorescence, automated monoplex immunoassays, and automated multiplex immunoassays, will increase the ease of testing.
Autoimmune Disease Diagnostics Market Restraints
- Requirement of Multiple Diagnostics Tests and Slow Turnaround Time to Hamper Market Value
Detecting autoimmune diseases is time-consuming and involves various testing scenarios, such as serum testing for rheumatoid arthritis, Addison’s disease, and Hashimoto’s disease. Additionally, no single laboratory test can willfully detect with a great amount of accuracy that a certain autoimmune disease is present.
Multiple laboratory tests are required to present a full picture. These include a complete metabolic panel, blood count report, serologies, flow cytometry, and HLA typing, to name a few. Some tests are only useful for detecting the severity and intensity of the disease and are used to diagnose and manage patients.
Lower penetration of autoimmune techniques further makes the turnaround time for such tests a long-awaited process. Delivery of all tests can take up to several days. For instance, autoimmune lymph proliferative syndrome can take up to 12 weeks, with single-gene sequencing tests taking up to 4 weeks. Also, higher costs of tests and issues related to reimbursement policies will further drain the market to a slowed growth rate. The lack of skilled professionals is also expected to hamper the market to a certain extent.
Autoimmune Disease Diagnostics Market Opportunities
- New Entrants and Novel Methods for Detecting Autoimmune Diagnostics to Present New Opportunities for Market
The ever-increasing demand for effective and accurate autoimmune disease diagnosis is expected to stir the competition positively. This paves the way for new entrants to enter the market, further creating a healthy space for competition. This creates an environment for competitive pricing among the dominant players. The Asia-Pacific region’s increasing opportunity is due to untapped growth potential and enlarging patient pool. Rising research studies are expected to present lucrative opportunities for revenue generation for the dominant players.
Rising awareness about autoimmune diseases creates a breeding ground for developing unique and accurate diagnosis techniques for diagnostics measures. Automation of laboratories and increasing shift towards replacing conventional technologies is expected to pave the groundwork for increasing the global autoimmune disease diagnostics market size to a greater extent.
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