Article -> Article Details
Title | Multiplex Assays Market Growth, Analysis, Opportunities and Forecast To 2028 |
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Category | Business --> Biotechnology |
Meta Keywords | Multiplex Assays Market |
Owner | RakshaGajbhiye |
Description | |
Increasing research
and development activities, growing implementation of precision medicine, and
surging preference for multiplex assays over conventional assays are some of
the key factors driving global market revenue growth Multiplex Assays Market size: USD 2.72 billion in 2020,
Market Growth: CAGR of 7.9%, Market Trends: Technological developments in
multiplex assays and advancements in nanotechnology The global multiplex
assays market size is expected to reach USD 4.91 billion by 2028 and
register a CAGR of 7.9% over the forecast period, according to the latest
report by Reports and Data. Increasing prevalence of cancer, Alzheimer's, and
other chronic diseases, rising adoption of personalized medicines, and
increasing implementation of multiplex assays are some key factors boosting
global market revenue growth. Multiple assays are a type of immunoassays that help in
quantifying multiple analytes in a single reaction cycle. These are derived
from ELISA and are more preferred over singleplex ELISA as they are highly
efficient, have greater throughput, and are time-efficient due to ability or
enable analysis of multiple samples in a single run. Global market growth is gaining traction due to
technological developments in these assays, growing prevalence of chronic
diseases, and increasing government funding for research. Moreover, factors,
such as investments by key players to develop new and improved products and increasing
adoption of personalized medicine are factors augmenting market revenue growth. Abbott Laboratories, Hoffmann-La Roche, Siemens
Healthineers, Thermo Fisher Scientific, Danaher Corporation, Bio-Rad
Laboratories, Biomérieux, Bühlmann Laboratories, Sekisui Medical, and Randox
Laboratories are some of the leading
companies operating in the global multiplex assays market. Ask for Free Sample@ https://www.reportsanddata.com/sample-enquiry-form/4006
Some key highlights in the report:
For this study,
Reports and Data has segmented the global multiplex assays market based on
product & services, type, class of drugs, technology, application, end use,
and region: Based On Product & Services: (Revenue, USD Billion,
2018 - 2028)
Based On Type: (Revenue, USD Billion, 2018 - 2028)
Based On Class of Drug: (Revenue, USD Billion, 2018 –
2028
Based On Technology: (Revenue, USD Billion, 2018 - 2028)
Based On Application: (Revenue, USD Billion, 2018 - 2028) Research &
Development
Clinical Diagnostics
Based On End Use: (Revenue, USD Billion, 2018 - 2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
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existent in the market. |