The Business Research Company’s report goes into great detail on the multiplex assay market size and growth, multiplex assay market regional analysis, multiplex assay market competitive landscape, and other critical information needed to excel in the multiplex assay industry.

Major players in the multiplex assay market include Thermo Fisher Scientific, Inc., Luminex Corporation, Illumina, Inc, Bio-Rad Laboratories, Inc, QIAGEN N.V, Becton, Dickinson and Company, Bühlmann Laboratories, Seegene Inc, Meso Scale Diagnostics LLC., Randox Laboratories Ltd., Merck KGaA, Agilent Technologies, Inc., Quanterix, Bio-Techne Corporation, Promega Corporation, Hoffmann-La Roche, Siemens Healthineers, PerkinElmer, Inc., Danaher Corporation and Abbott Laboratories

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global multiplex assays market size is expected to grow from $3.02 billion in 2021 to $3.25 billion in 2022 at a compound annual growth rate (CAGR) of 7.66%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global multiplex assay market size is expected to reach $4.37 billion in 2026 at a CAGR of 7.67%.

North America was the largest region in the multiplex assays market in 2021.

The multiplex assay market consists of sales of immunoassays by entities (organizations, sole traders, or partnerships) in which multiple analytes (proteins, biomolecules, growth factors, cytokines, chemokines, and others) are penciled by detecting and quantifying them contemporaneously. These assays are used to amplify multiple targets in a polymerase chain response (PCR) trial and collect further information from nanosecond amounts of proteins or other analytes in lower time as compared to the conventional system, similar as ELISA. Multiplex assays are used for pathogen identification, mutation analysis, RNA discovery, gene discovery analysis, relation analysis, forensic studies, and others.

Increased incidence of chronic diseases is driving the growth of the global multiplex assay market.

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Strategic partnerships and collaborations between companies in the industry is a trend gaining popularity in the multiplex assays market. Companies in the market are collaborating on developing assays that can detect diseases quickly and effectively.

TBRC’s Global Multiplex Assay Market Report Is Segmented:
By Type: Nucleic Acid-Based Multiplex Assays, Protein-Based Multiplex Assays, Others

By Technology: Flow Cytometry, Luminescence, Fluorescence Detection, Multiplex Real-Time PCR, Others

By Application: Research and Development, Drug Discovery and Development, Biomarker Discovery and Validation, Clinical Diagnostic

By End-User: Pharmaceutical and Biotechnology Companies, Hospitals and Research Institutes, Reference Laboratories, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Multiplex Assays Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the multiplex assay market globally and regionally, analyzes and forecasts market size, share, multiplex assay market players, multiplex assay market segments, leading competitor revenues, profiles and market shares.

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