Report Sellers has added a new market research report “Multiplex Assays – Global Market Outlook (2017-23)” to its offerings.
According to Report, Global Multiplex Assays Market is estimated at $2.90 billion in 2016 and is expected to reach $5.09 billion by 2023 growing at a CAGR of 8.3% from 2016 to 2023. Growing demand for high throughput and automated systems will offer a significant growth opportunity over the forecast period. Some of the factors such as rising safety & efficiency of therapies, growing advantages of multiplexing over conventional assays and improving validation for biomarkers are contributing the market growth. However, huge capital investments and shortage of skilled labour are negatively affecting the market.
In recent, technological advancements in multiplex assays have the potential to appraise the difficulty of analytes, such as amino acids and proteins, in a better manner. In 2016, Merck launched Milliplex Map Equine-specific multiplex assay that can measure 27 cytokines simultaneously and delivers important information about immune response, inflammation, and general health.
Based on geography, North America commanded the largest market share followed by Europe. Furthermore, Asia Pacific is expected to grow at a fastest rate during the forecast period owing to increasing prevalence of Alzheimer patients, rise in pool of patient population and major growth in R&D activities (pharmaceuticals) across the region. Some of the key players in this market include Randox Laboratories Ltd., Seegene Inc., Becton, Dickinson and Company, Qiagen N.V., Illumina, Inc., Luminex Corporation, Meso Scale Diagnostics, LLC, Merck KGAA, Abcam PLC, Bio-Rad Laboratories Inc. and Thermo Fisher Scientific Inc.
Browse through the complete description and in-depth TOC on “Global Multiplex Assays Market”
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Global Multiplex Assays Market has been segmented by technologies covered, components covered, protection types covered, power rating modes covered, end users covered and regions covered
Product and Services Covered:
Multiplex Assay Instruments
Multiplex Assay Accessories
Software and Services
Multiplex Assay Consumables
Assays Types Covered:
Nucleic Acid-Based Multiplex Assays
Protein-Based Multiplex Assays
Other Multiplex Assays
Research & Development
Diseases & Disorders
End Users Covered:
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Other End Users
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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