Multiplex Assays Market Segmentation and Forecasts to 2028
Posted by RakshaGajbhiye on May 11th, 2021
The global multiplex assays market size is expected to reach USD 4.91 billion by 2028 and register a CAGR of 7.9% over the forecast period, according to the latest report by Reports and Data. Increasing prevalence of cancer, Alzheimer's, and other chronic diseases, rising adoption of personalized medicines, and increasing implementation of multiplex assays are some key factors boosting global market revenue growth.
Multiple assays are a type of immunoassays that help in quantifying multiple analytes in a single reaction cycle. These are derived from ELISA and are more preferred over singleplex ELISA as they are highly efficient, have greater throughput, and are time-efficient due to ability or enable analysis of multiple samples in a single run.
Global market growth is gaining traction due to technological developments in these assays, growing prevalence of chronic diseases, and increasing government funding for research. Moreover, factors, such as investments by key players to develop new and improved products and increasing adoption of personalized medicine are factors augmenting market revenue growth.
Abbott Laboratories, Hoffmann-La Roche, Siemens Healthineers, Thermo Fisher Scientific, Danaher Corporation, Bio-Rad Laboratories, Biomérieux, Bühlmann Laboratories, Sekisui Medical, and Randox Laboratories are some of the leading companies operating in the global multiplex assays market.
Some key highlights in the report:
For this study, Reports and Data has segmented the global multiplex assays market based on product & services, type, class of drugs, technology, application, end use, and region:
Based On Product & Services: (Revenue, USD Billion, 2018 - 2028)
Based On Type: (Revenue, USD Billion, 2018 - 2028)
Based On Class of Drug: (Revenue, USD Billion, 2018 – 2028
Based On Technology: (Revenue, USD Billion, 2018 - 2028)
Based On Application: (Revenue, USD Billion, 2018 - 2028)
Research & Development
Based On End Use: (Revenue, USD Billion, 2018 - 2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyse consumer behaviour shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
About the AuthorRakshaGajbhiye
Joined: January 10th, 2020
Articles Posted: 374
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