The Multiplex Assay Revolution: A Market Overview, Demand, Forecast 2030

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Rapid adoption of Point Of Care (POC) devices is a key factor driving multiplex assays market revenue growth

The Global Multiplex Assay Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.

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The global multiplex assay market size was USD 3.32 Billion in 2021 and is expected to register a rapid revenue CAGR of 8.3% during the forecast period. Multiplex assays are used to simultaneously measure multiple analytes in a single sample, which can be particularly useful in clinical diagnostics and drug discovery. The multiplex assay market is expected to grow significantly in the coming years, driven by several factors.

One of the primary drivers of growth in the multiplex assay market is the increasing prevalence of chronic and infectious diseases. According to the World Health Organization, chronic diseases such as cardiovascular disease, diabetes, and cancer account for 71% of all deaths globally. Additionally, the COVID-19 pandemic has highlighted the need for rapid and accurate diagnostic tests, which can be achieved through the use of multiplex assays. This increasing demand for diagnostic tests is driving the growth of the multiplex assay market.

The report studies the impact of the COVID-19 pandemic on the Multiplex Assay market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

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Segments Covered in this report are:

  • End-Use Outlook (Revenue, USD Billion; 2019-2030)

    • Hospitals and clinics
    • Research laboratories
    • Pharmaceutical companies
  • Regional Outlook (Revenue, USD Billion; 2019–2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Benelux
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East Africa

more

Competitive Outlook:

The global Multiplex Assay market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Multiplex Assay market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Key Companies Profiled in the Report are:

Bio-Rad Laboratories, Inc., Luminex Corporation., Abcam plc., Merck KGaA, BD, Bio-Techne., Thermo Fisher Scientific, Inc., PerkinElmer Inc., Promega Connections., and Advanced Cell Diagnostics, Inc.

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The report aims to provide a complete analysis of the global Multiplex Assay market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Multiplex Assay market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Highlights of Table of Contents (TOC):

Overview of Global Multiplex Assay Market

Competitive analysis of the Multiplex Assay market

Regional analysis of Global Multiplex Assay market production and revenue

Regional analysis of Global Multiplex Assay market supply, consumption, and export import

Type-based market analysis of global Multiplex Assay production, revenue, and price trends

Application-based analysis of the global Multiplex Assay market

Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Multiplex Assay market

Global Multiplex Assay market forecast (2020-2027)

Conclusion of the research report

Appendix

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