New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit
New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market by Technology (Enzyme Linked Immunosorbent Assay, Fluorescent Immunoassay, Lateral Flow Immunoassay), Pathogen Type (Influenza A, Influenza B, Respiratory Syncytial Virus), Product Format, Application, Distribution Channel, End User - Global Forecast 2026-2032
SKU
MRR-BB7E339EB370
Region
Global
Publication Date
January 2026
Delivery
Immediate
2025
USD 1.41 billion
2026
USD 1.48 billion
2032
USD 1.89 billion
CAGR
4.28%
360iResearch Analyst Ketan Rohom
Download a Free PDF
Get a sneak peek into the valuable insights and in-depth analysis featured in our comprehensive new crown magnetic particle chemiluminescent antigen detection kit market report. Download now to stay ahead in the industry! Need more tailored information? Ketan is here to help you find exactly what you need.

New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market - Global Forecast 2026-2032

The New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market size was estimated at USD 1.41 billion in 2025 and expected to reach USD 1.48 billion in 2026, at a CAGR of 4.28% to reach USD 1.89 billion by 2032.

New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market
To learn more about this report, request a free PDF copy

Harnessing the Power of Magnetic Particle Chemiluminescent Antigen Detection to Revolutionize Rapid Infectious Disease Diagnostics

The landscape of infectious disease diagnostics has evolved rapidly with the advent of magnetic particle chemiluminescent immunoassay techniques. This transformative approach leverages micro- or nano-scale magnetic beads coated with pathogen-specific antibodies, capturing target antigens from complex biological matrices. Subsequent exposure to chemiluminescent substrates yields a light signal proportional to antigen concentration, enabling quantification with both high sensitivity and broad dynamic range. The integration of automated magnetic separation and chemiluminescence readouts has addressed longstanding challenges in assay throughput and reproducibility, positioning these platforms at the forefront of rapid diagnostic innovation.

As healthcare systems worldwide seek faster, more reliable point-of-care solutions, the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit emerges as a flagship offering. Unlike traditional lateral flow assays, which prioritize qualitative or semi-quantitative readouts, magnetic particle chemiluminescent systems deliver precise numerical data within minutes, supporting critical clinical decisions in emergent and outpatient settings. Such agility proved invaluable during recent respiratory virus outbreaks, where rapid antigen detection informed patient triage, outbreak containment, and real-time epidemiological monitoring. This technical leap aligns with robust immunoassay market growth, as evidenced by a global market value of over $35 billion in 2025 driven by increasing chronic and infectious disease burdens and expanding biopharma investments.

Advancements in reagent chemistry and analyzer design have further enhanced the specificity and stability of magnetic particle chemiluminescent assays. By optimizing antibody conjugation chemistries and refining bead surface properties, manufacturers have reduced nonspecific binding and minimized background luminescence. Concurrent improvements in detector sensitivity and software algorithms amplify signal detection capabilities, pushing limits of quantification into single-digit picogram ranges. Together, these refinements underpin the strong clinical performance of kits like New Crown, which routinely achieve sub-threshold detection of key respiratory antigens with turnaround times under 15 minutes.

Looking ahead, the convergence of magnetic particle chemiluminescent immunoassays with digital health ecosystems and laboratory automation promises to amplify their clinical and operational impact. Connected analyzers can transmit results in real time to electronic health records, facilitate remote data review, and trigger algorithm-driven alerts for surge capacity management. In parallel, modular design principles allow these systems to integrate into high-throughput laboratory workflows, enabling seamless scaling from decentralized clinics to centralized testing hubs. This unified approach champions both the efficiency demands of modern healthcare and the rigorous quality standards required for regulatory compliance.

Disruptive Innovations and Strategic Shifts Reshaping the Global Diagnostic Testing Environment for Enhanced Efficiency and Accessibility

The diagnostic testing landscape is undergoing a seismic shift driven by disruptive technological innovations and evolving care delivery models. Gone are the days when centralized laboratories held a monopoly on complex immunoassay testing; today, automation and miniaturization enable high-performance platforms at the point of care, empowering clinicians with near-instant insights. Digital workflows automate sample tracking, result interpretation, and data management, minimizing manual intervention and error risks while accelerating clinical turnaround. In this new paradigm, magnetic particle chemiluminescent antigen detection kits, with their rapid kinetics and streamlined protocols, epitomize the shift toward agile diagnostic networks.

Artificial intelligence is also reshaping assay performance by enhancing pattern recognition, anomaly detection, and predictive analytics. Machine learning algorithms trained on large immunoassay datasets can predict reagent degradation, flag outlier results, and optimize quality control thresholds. When integrated into chemiluminescent platforms, AI-driven analytics refine assay calibration curves in real time, adapting to environmental and operational variances. The result is consistently reliable performance, even in decentralized settings where temperature, humidity, and user proficiency vary widely. This synergy between advanced analytics and magnetic particle chemistry underwrites the next generation of self-monitoring diagnostic instruments.

Patient-centric care models have further catalyzed the shift away from episodic, clinic-based testing toward continuous monitoring and community outreach programs. Mobile testing units equipped with compact chemiluminescent analyzers can traverse underserved regions, delivering rapid antigen results on-site. Telehealth initiatives leverage connected devices in home environments, reducing barriers to routine screening for high-risk populations. As these decentralized strategies mature, the lines between clinical laboratory and community health initiatives blur, underscoring the urgency for portable, robust diagnostic kits such as the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit.

Finally, the regulatory environment is adapting to accommodate these innovations without compromising safety and efficacy. Emergency use authorizations and accelerated review pathways created during pandemic response phases have accelerated the approval of novel assay formats. Simultaneously, interchangeability studies and modular validations facilitate multi-center adoption of standardized chemiluminescent platforms. Together, these policy shifts create a fertile ground for transformative diagnostic solutions that marry cutting-edge technology with streamlined pathways to clinical implementation.

Evaluating the Far Reaching Effects of Newly Imposed 2025 U.S. Tariffs on Medical Diagnostics Supply Chains and Cost Structures

In April 2025, the U.S. government implemented a universal 10 percent tariff on almost all imported goods, including critical medical devices and diagnostic reagents, under a broader strategy to revitalize domestic manufacturing. This baseline levy immediately affected the procurement costs of magnetic separation beads, specialized chemiluminescent substrates, and precision optical components integral to antigen detection analyzers. As a result, distributors and end users saw a ripple effect through supply chains, driving recalibrations in procurement strategies and budgetary allocations.

Shortly thereafter, new investigations under Section 232 of the Trade Expansion Act signaled potential tariffs on pharmaceuticals, with proposals suggesting escalation from modest initial rates to as high as 150 percent over eighteen months and potential peaks up to 250 percent. Such steep duties threaten to inflate prices for key assay reagents and monoclonal antibodies, most of which are currently synthesized overseas. Diagnostic kit manufacturers may face margin compression as they weigh options between absorbing increased costs, passing them on to laboratories, or reshoring production capabilities to mitigate risk.

Medical device trade groups warn that these levies could substantially raise healthcare delivery costs. Industry analysts at Fitch Ratings highlight the conundrum hospitals face: locked-in reimbursement contracts prevent many institutions from passing cost increases to payers, translating tariff-driven spikes directly into squeezed operating incomes. Concurrently, device manufacturers with existing North American capacity or diversified manufacturing footprints are better positioned to navigate these headwinds than those reliant on single-country suppliers.

Early diplomatic negotiations have secured temporary carve-outs for some life-sustaining equipment, yet uncertainty reigns for specialized consumables central to chemiluminescent antigen testing. Manufacturers are under pressure to reengineer supply chains through dual-sourcing strategies, relocating critical reagent production to lower-tariff jurisdictions, and qualifying domestic reagent suppliers under FDA scrutiny. These complex adjustments demand significant capital investment and regulatory coordination, reshaping the competitive dynamics in the antigen detection kit market and setting the stage for a new era of supply chain resilience.

Deep Dive into Market Segmentation Dynamics Unveiling Critical Patterns Across Pathogen Type End Users Technologies Distribution Channels and Applications

Understanding how distinct market segments influence the adoption and performance of antigen detection kits is crucial for product developers and investors. When evaluating pathogen targets, the market’s primary focus spans Influenza A, Influenza B, Respiratory Syncytial Virus, and SARS-CoV-2, each presenting unique antigenic profiles and necessitating tailored antibody reagents. Kits optimized for Influenza A and B benefit from well-characterized viral proteins, whereas assays for RSV and SARS-CoV-2 demand continuous reagent updates to account for emerging strains and mutations, fueling an iterative development cycle that underscores the importance of flexible platform design.

End users shape adoption dynamics through their operational workflows and throughput requirements. High-volume clinical laboratories, comprising both clinical and reference facilities, demand modules capable of seamless integration into existing automation lines and uninterrupted runs. Private and public hospitals leverage chemiluminescent kits for rapid in-house diagnostics during peak patient influxes, balancing rapid decision-making with cost management. Meanwhile, point-of-care centers in clinics and pharmacies prioritize portability and simplicity, often operating under resource constraints that preclude extensive instrumentation. Research institutes, whether academic or affiliated with pharmabiotech firms, value multiplexing capabilities for exploratory studies, particularly in early-phase drug discovery and vaccine development.

Technological differentiation similarly influences buyer preferences. While enzyme-linked immunosorbent assays remain staples for many applications, fluorescent immunoassays gain traction in settings requiring multiplex readouts. Lateral flow immunoassays, both colloidal gold and fluorescent formats, continue to serve low-resource contexts. Yet magnetic particle chemiluminescent assays stand out for their amalgamation of rapid kinetics, quantitative precision, and amenability to automation. Within this technology category, variations in enzyme chemistries and bead formulations enable performance tuning for competitive and traditional ELISA backbones, as well as direct versus indirect fluorescence approaches.

Distribution channels further dictate market accessibility and service expectations. Direct sales teams cultivate deep clinical relationships and provide on-site support through field sales or tender processes, ensuring customized implementations. National and regional distributors extend reach into remote or heavily regulated markets, while online platforms-ranging from manufacturer websites to global marketplaces-offer convenience and rapid fulfillment for urgent needs. Across applications, from emergency diagnoses in acute care to routine monitoring and large-scale screening programs, the choice between multiplex and singleplex product formats defines both cost structure and operational complexity. Together, these interwoven segmentation layers illuminate the pathways through which antigen detection kits traverse from development desk to patient bedside.

This comprehensive research report categorizes the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit market into clearly defined segments, providing a detailed analysis of emerging trends and precise revenue forecasts to support strategic decision-making.

Market Segmentation & Coverage
  1. Technology
  2. Pathogen Type
  3. Product Format
  4. Application
  5. Distribution Channel
  6. End User

Comparative Regional Analysis Reveals Contrasting Adoption Rates and Growth Drivers in Americas Europe Middle East Africa and Asia Pacific

Regional market dynamics for magnetic particle chemiluminescent antigen detection are shaped by a mosaic of healthcare infrastructure, regulatory frameworks, and R&D investment levels. In the Americas, North America commands the spotlight, accounting for over forty percent of global immunoassay revenues in 2025. This leadership stems from a favorable regulatory environment that expedites assay approvals, robust reimbursement policies, and concentrated investments by biopharma and diagnostic firms in advanced assay platforms. Coupled with a well-established network of clinical laboratories and point-of-care centers, the region continues to validate early adoption of innovative diagnostic technologies.

Europe, Middle East, and Africa exhibit a heterogeneous landscape, marked by pockets of high innovation tethered to collaborative research clusters in Western Europe and burgeoning diagnostic markets in the Middle East. Strategic alliances, such as joint ventures to develop image-based multiplex platforms, underscore the region’s commitment to driving assay sophistication. Conversely, regulatory harmonization efforts through the European In Vitro Diagnostic Regulation (IVDR) have introduced transitional challenges, compelling kit manufacturers to navigate complex conformity assessments while maintaining supply continuity.

Asia-Pacific stands out as the fastest-growing region, propelled by large patient populations, increasing healthcare spending, and government initiatives promoting precision medicine. In South Korea, whose R&D investment surpassed four point nine percent of GDP in 2024, public funding underwrites advanced diagnostics development. China and Japan, investing two point seven and three point six percent of GDP respectively, have launched national programs to embed genomic and proteomic testing into routine care pathways. These policies, combined with expanding hospital networks and rising point-of-care capacities, position Asia-Pacific as a critical battleground for magnetic particle chemiluminescent assay penetration.

This comprehensive research report examines key regions that drive the evolution of the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit market, offering deep insights into regional trends, growth factors, and industry developments that are influencing market performance.

Regional Analysis & Coverage
  1. Americas
  2. Europe, Middle East & Africa
  3. Asia-Pacific

Competitive Landscape Insights Showcasing Key Industry Players Driving Innovation Through Strategic Investments Product Portfolios and Global Reach

The competitive landscape for magnetic particle chemiluminescent antigen detection is defined by a spectrum of specialized innovators and established diagnostics conglomerates. Emerging players such as Sophonix Co., Ltd. leverage proprietary CLEIA enzyme chemistries and compact analyzer designs to deliver fast, user-friendly systems suitable for decentralized settings. Backed by dual R&D centers in China and the United States, Sophonix’s product family exemplifies the agility and cost-effectiveness increasingly demanded by point-of-care networks.

Chinese firms Xiamen Innodx Biotechnology and Zhengzhou Peaceful Chart Bio-engineering have also reinforced their market positions through strategic expansions in reagent manufacturing capacity and partnerships with regional distribution networks. Their localized supply chains mitigate tariff exposure, enhancing pricing stability for inner-country healthcare providers. GenScript Biotech Corporation and Beijing Beier Bioengineering offer complementary expertise in recombinant antigen production, enabling kit developers to refine sensitivity and strain coverage across diverse pathogen targets.

On the global stage, industry heavyweights such as DiaSorin have integrated magnetic particle chemiluminescent modules into broader in vitro diagnostics portfolios, ensuring seamless laboratory automation compatibility for high-throughput facilities. Similarly, Siemens Healthineers, Roche Diagnostics, and Abbott Diagnostics leverage extensive service infrastructures and cross-platform reagent licensing agreements to sustain leadership across both centralized and point-of-care segments. These conglomerates continue to invest in M&A and co-development deals, focusing on enhancing multiplex capabilities and digital assay management tools.

Beyond product innovation, competitive differentiation arises from comprehensive service offerings, including preventive maintenance contracts, remote diagnostics support, and continuous reagent supply management. The confluence of specialized biotech firms and legacy diagnostics leaders promotes a dynamic ecosystem where strategic collaborations, platform interoperability, and end-user engagement drive sustained growth in magnetic particle chemiluminescent antigen detection solutions.

This comprehensive research report delivers an in-depth overview of the principal market players in the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit market, evaluating their market share, strategic initiatives, and competitive positioning to illuminate the factors shaping the competitive landscape.

Competitive Analysis & Coverage
  1. Abbott Laboratories
  2. Autobio Diagnostics Co., Ltd.
  3. Beijing Wantai Biological Pharmacy Enterprise Co., Ltd.
  4. BGI Genomics Co., Ltd.
  5. bioMérieux SA
  6. Creative Diagnostics Ltd.
  7. Danaher Corporation
  8. DiaSorin S.p.A.
  9. Diazyme Laboratories, Inc.
  10. F. Hoffmann-La Roche AG
  11. Fosun International Limited
  12. Guangzhou Wondfo Biotech Co., Ltd.
  13. Hangzhou AllTest Biotech Co., Ltd.
  14. Innovita
  15. QuidelOrtho Corporation
  16. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  17. Shenzhen New Industries Biomedical Engineering Co., Ltd.
  18. Shenzhen SkanBio Co., Ltd.
  19. Shenzhen YHLO Biotech Co., Ltd.
  20. Siemens Healthineers AG
  21. Sysmex Corporation
  22. Thermo Fisher Scientific Inc.

Actionable Strategies for Industry Leaders to Navigate Tariff Volatility Leverage Technological Advancements and Strengthen Market Positioning

Industry leaders seeking to capitalize on magnetic particle chemiluminescent assay opportunities must adopt multifaceted strategies. First, diversifying supply chains by forging partnerships with domestic reagent producers and qualifying alternative raw material sources will mitigate the impact of tariff fluctuations and geopolitical uncertainties. Investing in localized manufacturing hubs, combined with dual-sourcing agreements, will bolster operational resilience and cost control in volatile trading environments.

Second, integrating digital health capabilities into assay platforms will differentiate offerings and enhance customer loyalty. Embedding AI-driven analytics for real-time quality monitoring and cloud-based connectivity for remote data management empowers end users to streamline workflows and unlock predictive maintenance models. Such digital enhancements not only improve assay reliability but also create value-added services that drive recurring revenue streams.

Third, expanding multiplex panel portfolios to address co-infection scenarios and emerging pathogens will sharpen competitive advantage. Partnering with academic research institutions to co-develop panels for simultaneous detection of respiratory viruses, antimicrobial resistance markers, and host immune response biomarkers will meet sophisticated diagnostic needs in both clinical and public health domains. Scaling these offerings requires robust R&D pipelines and agile regulatory strategies to accelerate time to market.

Finally, tailored go-to-market approaches must consider end-user segmentation intricacies. Streamlined implementation pathways for point-of-care channels should emphasize minimal training requirements and plug-and-play configurations, whereas high-volume laboratories demand scalable modules compatible with existing automation. Customized service agreements, bundled reagent supplies, and outcome-based pricing models will further align vendor incentives with customer performance goals, fostering enduring partnerships.

Robust Triangulated Research Methodology Integrating Qualitative Interviews Comprehensive Secondary Data and Advanced Analytical Techniques

This analysis synthesizes insights from a multi-pronged research methodology designed to ensure depth, accuracy, and strategic relevance. Primary research involved structured interviews with over fifty key stakeholders, including diagnostic lab directors, hospital procurement officers, assay developers, and regulatory experts. Their perspectives illuminated practical considerations in kit selection, deployment challenges, and unmet clinical needs.

Secondary research drew upon extensive review of peer-reviewed literature, government and trade association reports, and company filings. Public data from regulatory agencies, such as FDA emergency use authorization summaries and Section 232 tariff announcements, provided objective benchmarks for technology performance and policy impacts. Industry databases tracking reagent trade flows and device shipments enabled triangulation of supply chain trends and regional adoption patterns.

Quantitative data modeling incorporated historical tariff schedules, reagent cost structures, and global immunoassay market valuations from reputable sources, including MarketsandMarkets and GM Insights. Comparative analyses across segmentation vectors-pathogen targets, end-user typologies, technology platforms, and distribution channels-were conducted to reveal growth hotspots and potential bottlenecks.

Finally, findings were validated through expert panel reviews and cross-checked against recent case studies of assay deployments in diverse healthcare settings. This rigorous approach ensures the recommendations and insights outlined herein are grounded in empirical evidence, reflective of current market dynamics, and attuned to near-term regulatory and technological shifts.

This section provides a structured overview of the report, outlining key chapters and topics covered for easy reference in our New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit market comprehensive research report.

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Cumulative Impact of United States Tariffs 2025
  7. Cumulative Impact of Artificial Intelligence 2025
  8. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Technology
  9. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Pathogen Type
  10. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Product Format
  11. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Application
  12. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Distribution Channel
  13. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by End User
  14. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Region
  15. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Group
  16. New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market, by Country
  17. United States New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market
  18. China New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market
  19. Competitive Landscape
  20. List of Figures [Total: 18]
  21. List of Tables [Total: 3498 ]

Synthesizing Transformative Trends Key Challenges and Opportunities to Chart the Future Trajectory of Antigen Detection Technologies

The New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit stands at the nexus of groundbreaking assay science and pragmatic healthcare solutions. By uniting magnetic bead separation with high-sensitivity chemiluminescent detection, these kits deliver rapid, quantitative results that enhance diagnostic confidence across diverse clinical scenarios. As the diagnostic industry pivots toward decentralized testing, AI-grade analytics, and seamless digital integration, chemiluminescent platforms will continue to unlock new applications in infectious disease management, personalized medicine, and public health surveillance.

However, the evolving trade environment and impending tariff escalations underscore the importance of agile supply chain architectures and cost-efficient manufacturing strategies. Differentiation through multiplex panel expansion, digital feature enrichment, and tailored service models will determine the market leaders in this competitive landscape. Furthermore, region-specific regulatory pathways and reimbursement frameworks will shape adoption trajectories, requiring nuanced market entry plans tailored to local dynamics.

Ultimately, stakeholders who embrace data-driven decision making, foster strategic collaborations, and anticipate policy shifts will position themselves to capture the growing demand for high-performance antigen detection solutions. The convergence of technical rigor, operational resilience, and customer-centric service approaches will define success in this dynamic segment of the diagnostics market.

Looking forward, continuous monitoring of emerging pathogens, coupled with agile product development cycles and scalable manufacturing, will ensure that magnetic particle chemiluminescent assays remain indispensable tools for clinicians and public health agencies alike.

Connect with Ketan Rohom to Unlock Insider Perspectives and Acquire the Comprehensive Market Intelligence Report on Chemiluminescent Antigen Detection

To explore how the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit can transform your diagnostic capabilities, reach out to Ketan Rohom, Associate Director of Sales & Marketing at 360iResearch. Ketan can provide tailored insights on report deliverables, answer your strategic questions, and facilitate access to the comprehensive market intelligence study that will empower your decision-making. Don’t miss the opportunity to gain a competitive edge and align your product roadmap with the latest industry benchmarks-contact Ketan today to secure your copy of the full report.

360iResearch Analyst Ketan Rohom
Download a Free PDF
Get a sneak peek into the valuable insights and in-depth analysis featured in our comprehensive new crown magnetic particle chemiluminescent antigen detection kit market report. Download now to stay ahead in the industry! Need more tailored information? Ketan is here to help you find exactly what you need.
Frequently Asked Questions
  1. How big is the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market?
    Ans. The Global New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market size was estimated at USD 1.41 billion in 2025 and expected to reach USD 1.48 billion in 2026.
  2. What is the New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market growth?
    Ans. The Global New Crown Magnetic Particle Chemiluminescent Antigen Detection Kit Market to grow USD 1.89 billion by 2032, at a CAGR of 4.28%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
  5. How long has 360iResearch been around?
    Ans. We are approaching our 8th anniversary in 2025!
  6. What if I have a question about your reports?
    Ans. Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
  7. Can I share this report with my team?
    Ans. Absolutely yes, with the purchase of additional user licenses.
  8. Can I use your research in my presentation?
    Ans. Absolutely yes, so long as the 360iResearch cited correctly.