What are the Key Vendors in the Rheumatoid Arthritis Diagnostic Devices Market? Get All your Questions Answered by Technavio

NEW YORK, Aug. 23, 2022 /PRNewswire/ -- The growth of the global rheumatoid arthritis diagnostic devices market is driven by factors such as the increasing number of rheumatoid arthritis cases. Rheumatoid arthritis is more common among the elderly population. Hence, the demand for rheumatoid arthritis diagnostic devices is increasing. In addition, countries across the world have started to establish programs to increase awareness about rheumatoid arthritis. Such programs also create awareness about diagnostic procedures and treatment plans. Some European countries, such as the UK and France, offer reimbursement for rheumatoid arthritis, which will boost the adoption of rheumatoid arthritis diagnostic devices. Moreover, the presence of public and private health insurance providers in several countries contributes to market growth.

The global rheumatoid arthritis diagnostic devices market size is expected to grow by USD 146.54 mn from 2021 to 2026, according to Technavio. Moreover, the growth momentum of the market will accelerate at a CAGR of 5.55% during the forecast period.

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Key Market Challenges

The high costs associated with rheumatoid arthritis diagnosis will challenge the rheumatoid arthritis diagnostic devices market during the forecast period. The rising prevalence of rheumatoid arthritis will fuel the demand for rheumatoid arthritis diagnostic devices. However, the cost of these devices is high, which can hamper their adoption. For instance, the average cost of rheumatoid arthritis diagnostic analyzers is from USD 8,000 to USD 15,000, based on the technology and applications. In addition, the use of consumables such as assays and test kits can increase the cost burden on end-users, particularly small and medium-sized diagnostic service providers. Hence, the high cost associated with the diagnosis of rheumatoid arthritis can negatively impact the adoption of diagnostic devices, which, in turn, can impede the adoption of diagnostic services.

Major Rheumatoid Arthritis Diagnostic Device Companies

• Abbott Laboratories
• Antibodies Inc.
• Augurex Life Sciences Corp.
• Aviva Systems Biology Corp.
• Bio Rad Laboratories Inc.
• Danaher Corp.
• DNAlytics SA
• Eurobio Scientific
• F. Hoffmann La Roche Ltd.
• Myriad Genetics Inc.
• QIAGEN NV
• Quest Diagnostics Inc.
• Siemens AG
• Svar Life Science AB
• Thermo Fisher Scientific Inc.
• Werfenlife SA

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Rheumatoid Arthritis Diagnostic Devices Market Product Outlook (Revenue, USD mn, 2021-2026)

• Analyzers - size and forecast 2021-2026
• Consumables - size and forecast 2021-2026

Rheumatoid Arthritis Diagnostic Devices Market Geography Outlook (Revenue, USD mn, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• Asia - size and forecast 2021-2026
• Rest of World (ROW) - size and forecast 2021-2026

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Regional Analysis

North America will account for 39% of the market's growth during the forecast period. The growth of this region is attributed to factors such as the rising number of people with rheumatoid arthritis, the increasing number of new product launches, the growing adoption of early diagnostic tests for rheumatoid arthritis, and the availability of public and private insurance for rheumatoid arthritis tests. However, market growth in this region will be slower than the growth of the market in other regions. The US and Canada are the key countries for the rheumatoid arthritis diagnostic devices market in North America.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Analyzers - Market size and forecast 2021-2026
• Exhibit 28: Chart on Analyzers - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Analyzers - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Analyzers - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Analyzers - Year-over-year growth 2021-2026 (%)

• 5.4 Consumables - Market size and forecast 2021-2026
• Exhibit 32: Chart on Consumables - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Consumables - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Consumables - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Consumables - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product
• Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 Asia - Market size and forecast 2021-2026
• Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)

• 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
• Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

• 7.7 US - Market size and forecast 2021-2026
• Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.8 Germany - Market size and forecast 2021-2026
• Exhibit 62: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.9 France - Market size and forecast 2021-2026
• Exhibit 66: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 Japan - Market size and forecast 2021-2026
• Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.12 Market opportunity by geography
• Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 79: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 80: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 81: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 82: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 83: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 84: Matrix on vendor position and classification

• 10.3 Abbott Laboratories
• Exhibit 85: Abbott Laboratories - Overview
• Exhibit 86: Abbott Laboratories - Business segments
• Exhibit 87: Abbott Laboratories - Key news
• Exhibit 88: Abbott Laboratories - Key offerings
• Exhibit 89: Abbott Laboratories - Segment focus

• 10.4 Antibodies Inc.
• Exhibit 90: Antibodies Inc. - Overview
• Exhibit 91: Antibodies Inc. - Product / Service
• Exhibit 92: Antibodies Inc. - Key offerings

• 10.5 Aviva Systems Biology Corp.
• Exhibit 93: Aviva Systems Biology Corp. - Overview
• Exhibit 94: Aviva Systems Biology Corp. - Product / Service
• Exhibit 95: Aviva Systems Biology Corp. - Key offerings

• 10.6 Bio Rad Laboratories Inc.
• Exhibit 96: Bio Rad Laboratories Inc. - Overview
• Exhibit 97: Bio Rad Laboratories Inc. - Business segments
• Exhibit 98: Bio Rad Laboratories Inc. - Key news
• Exhibit 99: Bio Rad Laboratories Inc. - Key offerings
• Exhibit 100: Bio Rad Laboratories Inc. - Segment focus

• 10.7 Danaher Corp.
• Exhibit 101: Danaher Corp. - Overview
• Exhibit 102: Danaher Corp. - Business segments
• Exhibit 103: Danaher Corp. - Key news
• Exhibit 104: Danaher Corp. - Key offerings
• Exhibit 105: Danaher Corp. - Segment focus

• 10.8 DNAlytics SA
• Exhibit 106: DNAlytics SA - Overview
• Exhibit 107: DNAlytics SA - Key offerings

• 10.9 F. Hoffmann La Roche Ltd.
• Exhibit 108: F. Hoffmann La Roche Ltd. - Overview
• Exhibit 109: F. Hoffmann La Roche Ltd. - Business segments
• Exhibit 110: F. Hoffmann La Roche Ltd. - Key news
• Exhibit 111: F. Hoffmann La Roche Ltd. - Key offerings
• Exhibit 112: F. Hoffmann La Roche Ltd. - Segment focus

• 10.10 Myriad Genetics Inc.
• Exhibit 113: Myriad Genetics Inc. - Overview
• Exhibit 114: Myriad Genetics Inc. - Product / Service
• Exhibit 115: Myriad Genetics Inc. - Key offerings

• 10.11 Siemens AG
• Exhibit 116: Siemens AG - Overview
• Exhibit 117: Siemens AG - Business segments
• Exhibit 118: Siemens AG - Key news
• Exhibit 119: Siemens AG - Key offerings
• Exhibit 120: Siemens AG - Segment focus

• 10.12 Thermo Fisher Scientific Inc.
• Exhibit 121: Thermo Fisher Scientific Inc. - Overview
• Exhibit 122: Thermo Fisher Scientific Inc. - Business segments
• Exhibit 123: Thermo Fisher Scientific Inc. - Key news
• Exhibit 124: Thermo Fisher Scientific Inc. - Key offerings
• Exhibit 125: Thermo Fisher Scientific Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 126: Inclusions checklist
• Exhibit 127: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 128: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 129: Research methodology
• Exhibit 130: Validation techniques employed for market sizing
• Exhibit 131: Information sources

• 11.5 List of abbreviations
• Exhibit 132: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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