The multiplex assay is a type of immunoassay that uses magnetic beads to measure multiple analytes in a single experiment simultaneously. The global multiplex assays market is projected to reach $3.87 Billion by 2025 at a CAGR of 7.5% from $2.50 Billion in 2019 during 2019-2025. Advantages over singleplex and traditional assays and use of multiplex assays in companion diagnostics are major factors that are promoting the market growth. Multiplex assays require considerable time, and initial investment and stringent regulations and standards are major restraints impeding the growth of the market. Increasing validation of biomarkers in molecular and protein diagnostics and need for high-throughput and automated systems are generating many opportunities to the market.
Research Study Objectives:
- Define, estimate, and forecast the Multiplex Assays market statistics by product & services, type, technology, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Multiplex Assays market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Multiplex Assays Market Analysis
- Analysis and conclusions on the future Multiplex Assays market outlook.
Top-down and bottom-up approaches are used to validate the Multiplex Assays Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues
are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Multiplex Assays Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Multiplex Assays market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Multiplex Assays market segmentation is as follows:
BY PRODUCT & SERVICE
- Consumables
- Instruments
- Software and Services
BY TYPE
- Protein Multiplex Assays
- Nucleic Acid Multiplex Assays
- Cell-Based Multiplex Assays
BY TECHNOLOGY
- Flow Cytometry
- Fluorescence Detection
- Luminescence
- Multiplex Real-Time PCR
- Others
BY APPLICATION
- Research & Development
- Clinical Diagnostics
BY END USER
- Pharmaceutical & Biotechnology Companies
- Hospitals & Research Institutes
- Reference Laboratories
- Others
Geographical Analysis:
Multiplex Assays Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many
other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Multiplex Assays Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Multiplex Assays Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Multiplex Assays market players, such as
- Bio-Rad Laboratories
- Agilent Technologies
- Meso Scale Diagnostics
- Randox Laboratories
- Along with these companies, many other companies are considered in the report while analysing the Global Multiplex Assays market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
