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.
• Multiplex Arrays
• Multiplex PCR
• Protein Microarray
• Other Technologies
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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
• Companion Diagnostics
• Other Applications
End Users Covered:
• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• Clinical Laboratories
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our 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
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– 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
– Supply chain trends mapping the latest technological advancements
Table of Content
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Multiplex Assays Market, By Technology
6 Global Multiplex Assays market, By Product and Services
7 Global Multiplex Assays market, By Assays Type
8 Global Multiplex Assays market, By Application
9 Global Multiplex Assays market, By End User
10 Global Multiplex Assays Market, By Geography
11 Key Developments
12 Company Profiling
12.1 Randox Laboratories Ltd.
12.2 Seegene Inc.
12.3 Becton, Dickinson and Company
12.4 Qiagen N.V.
12.5 Illumina, Inc.
12.6 Luminex Corporation
12.7 Meso Scale Diagnostics, LLC.
12.8 Merck KGAA
12.9 Abcam PLC
12.10 Bio-Rad Laboratories Inc.
12.11 Thermo Fisher Scientific Inc.
List Of Tables
Table 1 Global Multiplex Assays Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Multiplex Assays Market Outlook, By Technology (2014-2023) ($MN)
Table 3 Global Multiplex Assays Market Outlook, By Multiplex Arrays (2014-2023) ($MN)
Table 4 Global Multiplex Assays Market Outlook, By Multiplex Bead-Based Array (2014-2023) ($MN)
Table 5 Global Multiplex Assays Market Outlook, By Multiplex Planar Arrays (2014-2023) ($MN)
Table 6 Global Multiplex Assays Market Outlook, By Multiplex PCR (2014-2023) ($MN)
Table 7 Global Multiplex Assays Market Outlook, By Protein Microarray (2014-2023) ($MN)
Table 8 Global Multiplex Assays Market Outlook, By Other Technologies (2014-2023) ($MN)
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