Multiplex Assay Market Exhaustive Analysis with USD $ 123.1 Million, Highest CAGR till 2026
Significant increase in R&D pertaining to the development of novel drugs and biomarkers across the globe supplements the market growth for multiplex assays.
NE WIN SIVERS DRIVE, PROVINCE: - PORTLAND, UNITED STATES, December 7, 2021 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global multiplex assay market was pegged at $73.2 million in 2018 and is projected to reach $123.1 million by 2026, registering the fastest CAGR 6.6% from 2019 to 2026.
Rise in R&D activities & governmental funding, increase in adoption of multiplex assay to reduce operation costs, and surge in adoption of personalized medicines have boosted the growth of the global multiplex assay market. However, lack of skilled labor and healthcare professionals hampers the market growth. On the contrary, untapped potential in the emerging economies is expected to create lucrative opportunities in the near future.
๐๐ฒ๐ ๐ฃ๐๐ ๐๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ช๐ถ๐๐ต ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ป๐ฎ๐น๐๐๐ถ๐ @ https://www.alliedmarketresearch.com/request-sample/1921
Multiplex assays are techniques in which multiple analytes are analyzed simultaneously, and hence are economical and easily controlled in any sample assay. These assays enable extraction of more data from a sample at the same time as compared to single-plex assays. The major factors which drive the growth of market include increase in R&D activities for the detection biomarkers for various diseases & treatment options of diseases, rise in adoption of personalized medicines for increasing safety & efficacy of therapies, and benefits such as lower operational cost & reduced labor.
๐๐ผ๐บ๐ฝ๐ฟ๐ฒ๐ต๐ฒ๐ป๐๐ถ๐๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ ๐ผ๐ณ ๐บ๐ฎ๐ท๐ผ๐ฟ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐, ๐๐๐ฐ๐ต ๐ฎ๐
Luminex Corporation, Thermo Fisher Scientific Inc., Illumina Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Becton, Dickinson and Company, Abcam PLC, Seegene Inc., Meso Scale Diagnostics LLC, and Randox Laboratories Ltd.
The other players (not included in the report) include Merck, Agilent Technologies, Quanterix, and Olink.
๐ท ๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ:
1) The Covid-19 pandemic and followed by lockdown has affected several manufacturing industries.
2) The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials.
3) However, as the world has been recovering from the pandemic, the market is estimated to get back on track.
๐๐ฒ๐ ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐: https://www.alliedmarketresearch.com/request-for-customization/1921?reqfor=covid
The global multiplex assay market is divided into type, product, technology, application, end-user, and geography. Based on type, the market is segmented into nucleic acid-based multiplex assays, protein-based multiplex assays, and others. The protein-based multiplex assays segment held the largest share in 2018, contributing more than three-fourths of the market. However, the nucleic acid-based multiplex assays segment is projected to manifest the fastest CAGR of 9.1% during the forecast period.
On the basis of product, the market is bifurcated into multiplex assay reagents & consumables, multiplex assay accessories & instruments, and multiplex assay software & services. The reagents and consumables segment dominated the market, accounting for nearly three-fourths of the market. However, the instruments & accessories segment is estimated to register the fastest CAGR of 8.7% during the forecast period.
โฏ ๐๐ฒ๐ ๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐ ๐ณ๐ผ๐ฟ ๐ฆ๐๐ฎ๐ธ๐ฒ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ๐
โฆThe study provides an in-depth analysis of the Multiplex Assay Market along with the current trends and future estimations to elucidate the imminent investment pockets.
โฆIt offers Multiplex Assay Market analysis from 2019 to 2026, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
โฆA comprehensive analysis of four regions is provided to determine the prevailing opportunities.
โฆThe profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Multiplex Assay Market growth.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/purchase-enquiry/1921
๐๐ฟ๐ฒ๐พ๐๐ฒ๐ป๐๐น๐ ๐๐๐ธ๐ฒ๐ฑ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐?
Q1. What is the total market value of Multiplex Assay Market report?
Q2. What would be forecast period in the market report?
Q3. Which is base year calculated in the pharmaceutical drug delivery market report?
Q4. Which are the top companies hold the market share in Multiplex Assay Market?
Q5. Which is the most influencing segment growing in the Multiplex Assay Market report?
๐๐๐ฒ๐ป๐๐ฒ ๐๐ฎ๐๐ถ๐ฐ ๐ฃ๐น๐ฎ๐ป | ๐๐ถ๐ฏ๐ฟ๐ฎ๐ฟ๐ ๐๐ฐ๐ฐ๐ฒ๐๐ | ๐ญ ๐ฌ๐ฒ๐ฎ๐ฟ ๐ฆ๐๐ฏ๐๐ฐ๐ฟ๐ถ๐ฝ๐๐ถ๐ผ๐ป |
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โWe have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.โ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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