According to a recent report by KDMI, Multiplex Assay Market is anticipated to Boom by 2026
KD Market
Insights has
published a new report on Multiplex Assay Market analysis and forecast 2019-2026. The
report comprises of Multiplex Assay Market size, Y-o-Y growth analysis, and
market dynamics, including growth drivers, restraining factors, opportunities,
and trends which are spearheading current nature and future status of the
market.
The global multiplex
assays market accounted for $73.2 million in
2018, and is expected to reach $123.1 million by 2026, growing at a CAGR
of 6.6% from 2019 to 2026.
Multiplex immunoassays
conjugates assays for several target analytes in a single reaction volume,
minimizing workflow and sample volume difficulties. In addition, this assay
provides a gain in assay dynamic range, and is used to amplify multiple targets
in a polymerase chain reaction (PCR) and collect more information from minute
quantities of proteins or other analytes in lesser time as compared to
conventional methods such as singleplex ELISA. Multiplex assays find its
application in pathogen identification, mutation analysis, RNA detection, gene
detection analysis, linkage analysis, forensic studies, and others.
Multiplex assays hold enormous potential in
the R&D of drugs for the treatment of diseases, such as cancer and
cardiovascular diseases that drives the market growth for theses assays. For
instance, bead based Luminex xMAP multiplex assay provides a platform for
cancer biomarker assays, which are compatible with plasma, serum, cultured
cells, and other biological samples. In addition, surge in adoption of
multiplex assays to reduce operation costs and rise in adoption of personalized
medicines are anticipated to boost the market growth. However, high capital
investment and dearth of skilled labors are the major factors that hinder the
market growth. On the contrary, the emerging economies of Asia-Pacific and
LAMEA regions offer lucrative growth opportunities for the expansion of
multiplex assays market, due to improvement in healthcare infrastructure in
these regions and increase in demand for better healthcare services from
majority of the patient population.
The global multiplex
assays market in this report is
studied based on type, product, technology, application, end user, and region.
On the basis of type, the market is divided into nucleic acid-based,
protein-based multiplex assays, and others. By product, it is classified into
multiplex assay reagents & consumables, multiplex assay instruments &
accessories, and multiplex assay software & services. Depending on
technology, it is fragmented into nucleic acid-based, protein-based multiplex
assays, and others. As per application, it is segregated into companion
diagnostics, research & development, clinical diagnostics, and others.
According to end user, it is classified into hospitals, clinical laboratories,
research institutes, and pharmaceuticals & biotechnological companies.
Region wise, it is analyzed across North America, Europe, Asia-Pacific, and
LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of
the global multiplex assay market along with the current trends and future
estimations to elucidate the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided.
- A comprehensive quantitative analysis of the industry is provided from 2018 to 2025 to assist stakeholders to capitalize on the prevailing market opportunities.
- An extensive analysis of the key segments of the industry helps to understand the global trends in the multiplex assay market.
- Key players and their strategies are provided to understand the competitive outlook of the industry.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided.
- A comprehensive quantitative analysis of the industry is provided from 2018 to 2025 to assist stakeholders to capitalize on the prevailing market opportunities.
- An extensive analysis of the key segments of the industry helps to understand the global trends in the multiplex assay market.
- Key players and their strategies are provided to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
By Type
- Nucleic Acid-based Multiplex Assays
- Protein-based Multiplex Assays
- Others
- Nucleic Acid-based Multiplex Assays
- Protein-based Multiplex Assays
- Others
By Product
- Multiplex Assay Reagents & Consumables
- Multiplex Assay Instruments & Accessories
- Multiplex Assay Software & Services
- Multiplex Assay Reagents & Consumables
- Multiplex Assay Instruments & Accessories
- Multiplex Assay Software & Services
By Technology
- Multiplex PCR
- Multiplex Protein Microarray
- Others
- Multiplex PCR
- Multiplex Protein Microarray
- Others
By Application
- Companion Diagnostics
- Research & Development
- Clinical Diagnostics
- Companion Diagnostics
- Research & Development
- Clinical Diagnostics
By End User
- Hospitals
- Clinical Laboratories
- Research Institutes
- Pharmaceuticals & Biotechnological Companies
- Hospitals
- Clinical Laboratories
- Research Institutes
- Pharmaceuticals & Biotechnological Companies
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Saudi Arabia
- South Africa
- Brazil
- Rest of LAMEA
- U.S.
- Canada
- Mexico
Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Saudi Arabia
- South Africa
- Brazil
- Rest of LAMEA
KEY MARKET PLAYERS
- Luminex Corporation
- Thermo Fisher Scientific Inc.
- Illumina Inc.
- Bio-Rad Laboratories Inc.
- QIAGEN N.V.
- Becton, Dickinson and Company
- Abcam PLC
- Seegene Inc.
- Randox Laboratories Ltd.
- Thermo Fisher Scientific Inc.
- Illumina Inc.
- Bio-Rad Laboratories Inc.
- QIAGEN N.V.
- Becton, Dickinson and Company
- Abcam PLC
- Seegene Inc.
- Randox Laboratories Ltd.
The other players in the value chain include (profiles
not included in the report)
- Merck KGaA
- Agilent Technologies
- Quanterix
- Olink
- Sysmex Corporation
- Siemens Healthcare GmbH
- F. Hoffmann-La Roche Ltd.
- Johnson & Johnson
- Agilent Technologies
- Quanterix
- Olink
- Sysmex Corporation
- Siemens Healthcare GmbH
- F. Hoffmann-La Roche Ltd.
- Johnson & Johnson
Table of Content
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst Tools and Models
1.4.2. Primary research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of buyers
3.3.2. Low bargaining power of suppliers
3.3.3. Moderate threat of substitutes
3.3.4. Low threat of new entrants
3.3.5. Moderate competitive rivalry
3.3.2. Low bargaining power of suppliers
3.3.3. Moderate threat of substitutes
3.3.4. Low threat of new entrants
3.3.5. Moderate competitive rivalry
3.4. Market share analysis, 2018
3.5. Market dynamics
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Increase in R&D activities & governmental funding
3.5.1.2. Surge in adoption of multiplex assays to reduce operation costs
3.5.1.3. Rise in adoption of personalized medicines
3.5.1.2. Surge in adoption of multiplex assays to reduce operation costs
3.5.1.3. Rise in adoption of personalized medicines
3.5.2. Restraint
3.5.2.1. Lack of skilled labor/healthcare professionals
3.5.3. Opportunity
3.5.3.1. Various growth opportunities in emerging economies
CHAPTER 4: MULTIPLEX ASSAYS MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Nucleic acid-based multiplex assays
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast
4.2.3. Market share analysis, by country
4.2.2. Market size and forecast
4.2.3. Market share analysis, by country
4.3. Protein-based multiplex assays
4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast
4.3.3. Market share analysis, by country
4.3.2. Market size and forecast
4.3.3. Market share analysis, by country
4.4. Others
4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast
4.4.3. Market share analysis, by country
4.4.2. Market size and forecast
4.4.3. Market share analysis, by country
CHAPTER 5: MULTIPLEX ASSAYS MARKET, BY PRODUCT
5.1. Overview
5.1.1. Market size and forecast
5.2. Multiplex assays reagents & consumables
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market share analysis, by country
5.2.2. Market size and forecast
5.2.3. Market share analysis, by country
5.3. Multiplex assays instruments & accessories
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market share analysis, by country
5.3.2. Market size and forecast
5.3.3. Market share analysis, by country
5.4. Multiplex assay software & services
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. Market share analysis, by country
5.4.2. Market size and forecast
5.4.3. Market share analysis, by country
Continue…
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