Market Research Report
Global Multiplex Assays Market, By Product, By Type, By Technology, By Application (Research & Development, Clinical Diagnosis, By End User, By Region, forecast & opportunities, 2026
|Global Multiplex Assays Market, By Product, By Type, By Technology, By Application (Research & Development, Clinical Diagnosis, By End User, By Region, forecast & opportunities, 2026|
Published: October 1, 2021
Content info: 114 Pages
Delivery time: 2-3 business days
Global multiplex assays market is expected to undergo substantial rate of growth during the forecast period owing to technological advancements in healthcare sector, especially rapid development in nano technology. Increasing prevalence of chronic diseases including cancer, where multiplex assays are significantly used, is also a major driving factor for the growth of this market. Additionally, various benefits of multiplex assays over singleplex and other traditional diagnostics is also anticipated to fuel the growth of multiplex market in the years to come.
Multiplex assay is a type of assay which measures multiple analytes in a single cycle. They are widely used in functional genomics to determine the effects of experimental treatments. A multiplex assay detects proteins and other biomolecules in a biological sample.
Global multiplex assays market can be segmented based on product, type, technology, application, end user and region. Based on technology, the market is segmented into flow cytometry, fluorescence detection, luminescence, multiplex real-time PCR and others. The flow cytometry segment is expected to undergo significant growth during the forecast period as it works on the basis of bead population, which is helpful in computing specific antibody levels in biological fluids.
Region wise, North America is expected to dominate the global multiplex assays market by 2026 owing to regions' advanced healthcare system and availability of trained professionals. Various governments in the region are also supporting the development of advanced technologies for diagnostics, which is giving a major boost to multiplex assay companies.
Major companies operating in global multiplex assays market include Thermo Fisher Scientific Inc, Luminex Corporation, Illumina Inc, Qiagen N.V., Bio Rad Laboratories Inc, Abcam Plc, Agilent Technologies, Merck Sharp & Dohme Corp, Randox Laboratories Ltd, Meso Scale Diagnostics LLC, Seegene Inc., Becton, Dickinson and Company, Quansys Biosciences, Olink, Bio-Techne, Johnson & Johnson Services, Inc. and Hoffmann-La Roche Ltd, among others. Prominent market players are extensively undergoing research and development activities in order to introduce superior quality assays in the market.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of multiplex assays manufacturing companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research.
TechSci Research calculated global multiplex assays market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as multiplex assays manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global multiplex assays market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Reagents & Consumables
Accessories & Instruments
Software & Services
Multiplex Real-Time PCR
Research & Development
Pharmaceutical & Biotechnology Companies
Hospitals & Research Institutes
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global multiplex assays market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: