Multiplex assays Market 2023 Driving Factors Forecast Research 2029

Multiplex assays market is anticipated to grow at a CAGR of 14.8% during the forecast period (2023-2030). The market's growth is attributed to the increasing advancements in immunotherapy. The increased use of immunotherapy, particularly chimeric antigen receptor (CAR) T cell therapy, for cancer treatment increases the need for accurate measurement and monitoring of CAR-T cells. Multiplex digital PCR assays satisfy the demand by delivering accurate, comprehensive analysis necessary for determining therapy success. For instance, in June 2023, BioPharma Services, Inc., launched new multiplex digital PCR assays for comprehensive quantification of multiple CAR-T cells, a type of cancer immunotherapy that involves genetically modifying T-cells to recognize and destroy certain cancers. The analysis is based on the Qiagen QIAcuity digital PCR methodology, that offers a powerful yet simple digital PCR experience with its unique nanoplate methodology.

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The global multiplex assays market is segmented on the type, technology, and end-user. Based on the type, the market is sub-segmented into protein multiplex assays, nucleic acid-based multiplex assays, and cell-based multiplex assays. Based on the technology, the market is sub-segmented into multiplex real-time PCR, luminex bead technology, flow cytometry, and others. Further, based on the end-user, the market is sub-segmented into pharmaceutical and biopharmaceutical companies, CROs, research and academic institutions, and others. Among the type, the nucleic acid-based multiplex assays subcategory is expected to capture a significant portion of the market share. This is attributed to the increase in the usage of nucleic acid-based multiplex assays and research on nucleic acid-based multiplex assays.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Multiplex Assays Market by Type
o Protein Multiplex Assays
o Nucleic Acid-Based Multiplex Assays
o Cell-based Multiplex Assays

Global Multiplex Assays Market by Technology
o Multiplex Real-Time PCR
o Luminex Bead Technology
o Flow Cytometry
o Others (Next-Generation Sequencing (NGS), and Microarray Technology)

Global Multiplex Assays Market by End-User
o Pharmaceutical and Biopharmaceutical Companies
o Contract Research Organizations (CROs)
o Research and Academic Institutions
o Others (Biotechnology and Pharmaceutical Companies, and Clinical Diagnostics Labs)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Bio-Rad Laboratories, Inc.
o Bio-Techne Corp.
o BioTools Inc.
o CareDx, Inc.
o Diasorin S.p.A.
o Hologic, Inc.
o Illumina, Inc.
o Merck Group
o Meso Scale Diagnostics, LLC
o PerkinElmer U.S. LLC
o Promega Corp.
o QIAGEN GmbH
o Quansys Biosciences Inc.
o Randox Laboratories
o Seegene, Inc.
o Thermo Fisher Scientific Inc.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global multiplex assays market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies. Competitive strategies by identifying 'who-stands-where' in the market.

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