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Multiplex Assays (Nucleic Acid, Protein, Cell) Market – Global Forecast to 2023 – ResearchAndMarkets.com

The “Multiplex
Assays Market by Product, Type (Nucleic Acid, Protein, Cell), Technology
(Flow Cytometry, Luminescence), Application (R&D, Diagnosis), End User
(Pharma & Biotech, Reference Laboratory, Hospital) – Global Forecast to
2023” report has been added to ResearchAndMarkets.com’s
offering.

The global multiplex assays market is projected to reach USD 3.35
billion in 2023 from USD 2.33 billion in 2018, at CAGR of 7.5%

Multiplex assays enables the simultaneous detection of multiple analytes
in a single run/cycle of the assay. The use of multiplex assays in
companion diagnostics for increasing the safety & efficacy of therapies
and the advantages of multiplex assays over conventional singleplex
assays are driving the growth of the market. However, the high cost of
multiplex assay equipment & standardization of immunoassay design and
quality control are the major factors expected to restrain market growth.

On the basis of end user, the global multiplex assays market is divided
into pharmaceutical and biotechnology companies, hospitals & academic
research institutes, reference laboratories, and other end users. In
2018, the pharmaceutical and biotechnology companies segment is expected
to account for the largest share of the global multiplex assays market.
This large share can be attributed to the increased adoption of
multiplex assays in drug discovery & development by pharmaceuticals and
the growing focus of biotechnology companies on developing biosimilars
and monoclonal antibodies.

By geography, North America is expected to account for the largest share
of the multiplex assays market in 2018, followed by Europe. The dominant
share of North American market is primarily attributed to its
established pharmaceutical industry, presence of leading pharmaceutical
and biotechnology companies, and high R&D investment.

The key players in the multiplex assays market are Luminex (US), Bio-Rad
Laboratories (US), Becton, Dickinson (US), Illumina (US), and Thermo
Fisher Scientific (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Multiplex Assays Market, By Product and Service

7 Multiplex Assays Market, By Type

8 Multiplex Assays Market, By Technology

9 Multiplex Assays Market, By Application

10 Multiplex Assays Market, By End User

11 Multiplex Assays Market, By Region

12 Competitive Landscape

13 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/6ljxzj/multiplex_assays?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005579/en/