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Multiplex Assays Market: A Look at the Key Applications and Technologies

The Global Multiplex Assays Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Multiplex Assays Market studies the market scenario to offer growth projections for the Multiplex Assays Market industry for the forecast period of 2022-2030. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.

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The global multiplex assays market size reached USD 3.32 Billion in 2021 and is expected to register a steady revenue CAGR of 8.3% during the forecast period. Rising prevalence of chronic and infectious diseases and demand for Point-Of-Care (POC) devices, technological advancement in diagnostic testing, and rapid adoption of multiplex assays to reduce operation costs are key factors driving market revenue growth.

In addition, federal government agencies are also giving approvals for these products, which is driving revenue growth of the market. For instance, on 25 August 2021, Becton, Dickinson and Company (BD), a global leader in medical technology, announced that the U.S. Food and Drug Administration (FDA) has granted an Emergency Use Authorization (EUA) for BD Veritor At-Home. The first at-home COVID-19 rapid antigen test will use smartphone computer vision technology to interpret and display testing results digitally.

Key insights presented in the report:

Market revenue shares by major business players, by type, by application, and market scope of global Multiplex Assay market

Sales revenue by key players and new entrants

Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers

Recent mergers, acquisitions, product launches, recent investments, and joint ventures

Regional analysis to provide insight into recent trends and opportunities

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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Multiplex Assay industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

Emergen Research has segmented global multiplex assays market on the basis of product, type, application, end-use, and region:

Product Outlook (Revenue, USD Billion; 2019-2030) Consumables Software Instruments and accessories Type Outlook (Revenue, USD Billion; 2019-2030) Protein based multiplex assay Nucleic acid based assay Other assays Application Outlook (Revenue, USD Billion; 2019-2030) Research & Development (R&D) Clinical diagnostics Others End-Use Outlook (Revenue, USD Billion; 2019-2030) Hospitals and clinics Research laboratories Pharmaceutical companies Competitive Outlook:

The global Multiplex Assay market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Multiplex Assay market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

Bio-Rad Laboratories, Inc., Luminex Corporation., Abcam plc., Merck KGaA, BD, Bio-Techne., Thermo Fisher Scientific, Inc., PerkinElmer Inc., Promega Connections., and Advanced Cell Diagnostics, Inc.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/multiplex-assay-market

The Global Multiplex Assay Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Multiplex Assay market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.

Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Taxonomy:

Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources

Chapter 2:

Executive Summary

Business trends

Regional trends

Product trends

End-use trends

Chapter 3:

Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

Business Overview

Financial Data

Product Landscape

Strategic Outlook

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