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Multiplex Assays Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis
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A multiplex assay is a type of biochemical test that can measure multiple analytes in a single sample. This assay is often used in medical and research laboratories to measure the levels of multiple proteins, hormones, or other biomolecules in a single patient or subject. Multiplex assays can also be used to measure the levels of multiple genes or gene products in a single sample of cells or tissue.
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Key Players
The global multiplex assays market includes players such as Luminex Corporation, Thermo Fisher Scientific Inc, Illumina Inc, Bio-Rad Laboratories Inc, QIAGEN N.V., Becton Dickinson and Company, Abcam PLC, Seegene Inc., Meso Scale Diagnostics LLC, Randox Laboratories Ltd, and others.
Key Trends
The key trends in Multiplex Assays technology are miniaturization, portability, and automation.
Miniaturization refers to the ability to reduce the size of the assay while maintaining its accuracy and precision. This is achieved by using smaller reagents and smaller reaction vessels.
Portability refers to the ability to perform the assay anywhere, anytime. This is achieved by using portable devices such as handheld devices and microfluidic devices.
Automation refers to the ability to automate the entire assay process, from sample preparation to data analysis. This is achieved by using automated instruments and software.
Key Drivers
The key drivers of the Multiplex Assays market are the increasing demand for early and accurate diagnosis of diseases, the rising prevalence of chronic diseases, and the growing need for personalized medicine.
Other drivers include the increasing investment in R&D by pharmaceutical and biotechnology companies, the growing demand for personalized medicine, and the increasing number of clinical trials.
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Market Segment
By Technology
-Flow Cytometry
-Fluorescence Detection
-Luminescence
-Others
By Application
-Research and Development
-Clinical Diagnostics
By End-Use
-Pharmaceutical Companies
-Hospitals
-Reference Laboratories
-Others
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