Autoimmune Disease Diagnostics Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)


Autoimmune Disease Diagnostics Market Analysis:

The Autoimmune Disease Diagnostics Market is projected to witness substantial growth, with its size expected to reach USD 6.48 billion by 2028, exhibiting a CAGR of 5.60% during the forecast period of 2023–2028.

The COVID-19 pandemic has had a significant impact on various sectors of healthcare services worldwide, including autoimmune disease diagnostics. The adverse effects of the pandemic on patients requiring autoimmune disease diagnostics have been widely acknowledged. An article published in October 2021 by Autoimmunity Reviews highlighted a decline in the number of autoantibody tests conducted across European countries in 2020 compared to the previous year. The decrease in autoantibody tests ranged from 1.4% in Switzerland to 25.5% in the United States (Greece), with an overall decrease of 13%. The most significant decline occurred during the first wave of the pandemic (March-May 2020), with a cumulative decrease of 45.2% in those three months. The decrease was relatively less pronounced (6.8%) during the second wave of the pandemic (October-December 2020). These findings indicate that COVID-19 has had a substantial impact on the growth of the autoimmune disease diagnostics market.

Several factors are driving the growth of the market, including the increasing burden of autoimmune diseases and the growing awareness about disease diagnosis, coupled with technological advancements. The prevalence of autoimmune disorders is on the rise, posing a significant challenge for European nations. According to the Atlas of Multiple Sclerosis Report from 2020, more than 2.8 million people worldwide, including approximately 1 million in the United States, are currently living with multiple sclerosis. Europe has the highest prevalence of multiple sclerosis, with an estimated 2.5 million individuals affected in 2020. It is worth noting that multiple sclerosis is more common among women than men.

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