Antinuclear Antibody Test Market Trends

Growth Drivers

• Rising Prevalence of Autoimmune Diseases Among the Global Population – The increasing number of people suffering from autoimmune disorders is estimated to boost the market growth in the coming years. The percentage raise of autoimmune diseases across the world in a year was found to be 4%-10% with the impact of many environmental factors. The increasing change in food habits, rising cholesterol levels, blood sugar levels, and less physical work are driving the market growth. The rising number of diabetic cases, rheumatoid arthritis, and multiple sclerosis is boosting the growth of the market in the coming years.  

• Growing Geriatric Population Across the Globe with Less Immunity Strength – The elderly population in America by 2050 was estimated to reach more than 85 million with twice the population raising from its base of 40 million in just three decades.

• Increasing the Healthcare Sector with Rising Importance on Health – The national healthcare expenditure of the U.S. is estimated to rise by 7% in the coming five years during 2022-2027 as per the observations.

• Rising Number of Diagnostic Laboratories with Increasing Incidence of Diseases – According to the estimations, there are over 25,000 diagnostic and medical laboratories around the world in the U.S. as of 2023.

Challenges

• Lack of Skilled Professionals who can Handle the Test Kits
• Risk of Errors During the Diagnosis Process Causing False Positive and Negative Results
• High Price of Lab Equipment – The laboratory equipment that are used for antinuclear antibody test are often quite high, as a result of which, it cannot be afforded by small laboratories in several developed and developing nations.