The latest market intelligence report, titled ‘Global Multiplex Assays Market’, is intended to provide the target audience with the necessary information about the global Multiplex Assays Market industry. The report comprises a detailed analysis of the vital elements of the Multiplex Assays Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Multiplex Assays Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.
The global multiplex assays market size reached USD 3.32 Billion in 2021 and is expected to register a steady revenue CAGR of 8.3% during the forecast period. Rising prevalence of chronic and infectious diseases and demand for Point-Of-Care (POC) devices, technological advancement in diagnostic testing, and rapid adoption of multiplex assays to reduce operation costs are key factors driving market revenue growth.
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In addition, federal government agencies are also giving approvals for these products, which is driving revenue growth of the market. For instance, on 25 August 2021, Becton, Dickinson and Company (BD), a global leader in medical technology, announced that the U.S. Food and Drug Administration (FDA) has granted an Emergency Use Authorization (EUA) for BD Veritor At-Home. The first at-home COVID-19 rapid antigen test will use smartphone computer vision technology to interpret and display testing results digitally.
The report offers a complete analysis of the global Multiplex Assays market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Major Companies in the Market Include:
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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Market Overview:
The report bifurcates the Multiplex Assays market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Emergen Research has segmented global multiplex assays market on the basis of product, type, application, end-use, and region:
-
Product Outlook (Revenue, USD Billion; 2019-2030)
- Consumables
- Software
- Instruments and accessories
-
Type Outlook (Revenue, USD Billion; 2019-2030)
- Protein based multiplex assay
- Nucleic acid based assay
- Other assays
-
Application Outlook (Revenue, USD Billion; 2019-2030)
- Research & Development (R&D)
- Clinical diagnostics
- Others
-
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals and clinics
- Research laboratories
- Pharmaceutical companies
Regional Landscape section of the Multiplex Assays report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report 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)
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The report covers the analysis of the factors anticipated to drive the Global Multiplex Assays Market growth over the forecast period of 2022-2030. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2021 as the base year and 2018-2019 as the historical years. It puts examines the drivers and restraints of the Multiplex Assays market and analyzes their impact on the industry throughout the forecast period.
Highlights of the TOC:
1. Report Overview
1.1 Research Scope
1.2 Key Multiplex Assays market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Multiplex Assays market size
2.2 Latest Multiplex Assays market trends
2.3 Key growth trends
3. Competitive Landscape
3.1 Global Multiplex Assays market key players
3.2 Global Multiplex Assays size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Multiplex Assays market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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