The Latin America Autoimmune Diagnostics Market was worth $ 1.57 billion in 2016 and estimated to reach $ 1.87 billion by the end of 2021 with a growing potential of 3.60%.
Autoimmune diseases are a hyper active immune response against its own body tissues and cells. Introduction of advanced technologies through mergers & acquisitions into the market play a key role in cure and treatment of auto immune diseases.
Increasing occurrence of auto immune disorders, high disposable income, increasing public awareness, improving healthcare infrastructure are the major factors driving the growth of the market. The key restraints that inhibiting the growth of the auto immune diagnostics market are high cost of treatment, unavailability of skilled labour and growing rate of diagnostics errors.
The Latin America Auto immune diagnostics Market is broadly categorized based on Test type into Complete Blood Count (CBC), Autoantibody Tests, Antinuclear Antibody Tests, C - reactive protein (CRP), Comprehensive Metabolic panel, Urinalysis, Erythrocyte Sedimentation Rate (ESR) and others.
Based on Disease type the market is categorized into Localized auto immune disease diagnostics and systemic auto immune disease diagnostics. Local auto immune disease diagnostics is further classified into Graves’ disease, Hashimoto's Thyroiditis, Type 1 diabetes, Multiple Sclerosis, Psoriasis and Others. Systemic auto immune disease diagnostics is categorized into Rheumatoid Arthritis (RA), Systemic Lupus Erythematosus (SLE), and Ankylosing Spondylitis.
Based on End users into Hospitals, Research centres, and diagnostic laboratories and on the basis of geography, the Latin America Auto Immune Diagnostics market is analysed under various regions namely Mexico, Brazil, Argentina and others.
Major players influencing the Latin America Autoimmune diagnostics market are Bio-Rad, Siemens Healthcare, Abbott Laboratories, Crescendo Bioscience, Roche Diagnostics SQI Diagnostics, AESKU Diagnostics, INOVA Diagnostics Inc., BioMerieux SA, Beckman Coulter Inc., Hemagen Diagnostics, Quest Diagnostics, Eli lilly, Glaxosmithkline Plc.
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