The objectives of this study are to define, segment, and project the size of the Multiplex Assays Market based on company, product type, application and key regions.
The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Multiplex Assays Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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 considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Multiplex Assay market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key players 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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The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
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)
- 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
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals and clinics
- Research laboratories
- Pharmaceutical companies
To access the full coverage of the global Multiplex Assay market report, visit @https://www.emergenresearch.com/industry-report/multiplex-assay-market
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Multiplex Assay Market:
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East & Africa
Rest of MEA
What Questions Should You Ask before Buying a Market Research Report?
How is the Multiplex Assay-market evolving?
What is driving and restraining the Multiplex Assay market?
How will each Multiplex Assay submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
How will the market shares for each Multiplex Assay submarket develop from 2022 to 2030?
What will be the main driver for the overall market from 2022 to 2030?
Will leading Multiplex Assay markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
Who are the leading players and what are their prospects over the forecast period?
What are the Multiplex Assay projects for these leading companies?
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